NSE IPO: Market dominance vs regulatory risks; what investors should know from the RHP
In its red herring prospectus (RHP), NSE has highlighted its market leadership, scale, profitability, technology infrastructure and cash generation as key strengths. The exchange, however, has also flagged several risks, including dependence on trading volumes, regulatory changes and increased scrutiny.
Rs 24,600 crore IPO dhamaka: NSE, Hero Motors to lead 11 public offers next week
NSE will be the biggest issue of the week, with an IPO size of Rs 22,562 crore. Hero Motors will follow with a Rs 1,000 crore issue. The two IPOs will dominate investor attention, while the remaining mainboard and SME issues will compete for retail and HNI money during the same period.
Jefferies picks 5 financial stocks with upside of up to 25%. How many do you have?
With a stock price target price of Rs 1,250, the brokerage forecasts an upside of 17%. The lender will transition from a small-finance bank to a Universal bank that can lower funding cost, lift fees and strengthen brand to aid growth. Over FY26-29, strong deposit growth will aid credit growth of 22% CAGR and 29% […]
Global funds sour on India stocks as some cut allocation to zero
Global investors are reducing Indian equity exposure due to a lack of AI investment themes. Foreign portfolio ownership has fallen to a seventeen-year low as funds exit the market. India now ranks as the least-favored market in Asia according to a recent survey. Local institutions are providing support, but foreign capital remains a concern. Investors […]
Oversold markets may stage near-term rebound, say analysts
Indian equities experienced a decline on Friday, mirroring Asian markets’ downward trend. Both Nifty and Sensex indices closed lower for a fifth consecutive week. Rising crude oil prices and US bond yields kept investors on edge throughout the trading session. Broader market indices also saw a dip, reflecting the overall market sentiment. Despite some recovery, […]
Indian rupee weakens to 95.55 amid rising crude oil prices and Strait of Hormuz tensions
The Indian rupee fell by eleven paise on Friday, closing at 95.55 against the dollar as benchmark crude oil prices rose to $105 per barrel, fueling global uncertainties. The rupee faced mounting pressure from external factors during the week, with a notable demand for dollars from oil companies and dollar sales from state-run banks. It […]
RBI to drain Rs 1 lakh crore as VRRR auctions fail to absorb liquidity
The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The move follows dollar inflows, with Governor Sanjay Malhotra signalling multiple tools to manage surplus funds.
10-year bond yield crosses 7% as RBI trims auction bids
On Friday, benchmark government bond yields climbed by five basis points, surpassing the 7% threshold. The Reserve Bank of India managed to accept less than half of the amount it had targeted in a three-year bond auction. Factors such as high global risk-free rates and escalating crude oil prices are exerting pressure on Indian bonds.
India’s forex reserves surge $44.9 billion to record $785.7 billion, fourth largest globally
India’s foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicated dollar-mobilisation programme and strong inflows. Foreign currency assets increased significantly, while gold reserves saw a contraction. The central bank’s intervention supported the local currency and curbed volatility. These substantial inflows have stabilized the foreign exchange market and improved sentiment.
Sitharaman calls AI a ‘double-edged sword’, urges soft-touch regulation and faster digital rupee push
Finance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a soft-touch regulatory framework for emerging technologies and innovation. The minister urged the Reserve Bank of India to accelerate its digital rupee pilots and capabilities. Sitharaman also dismissed pessimism regarding India’s demographic dividend, emphasizing youth-led growth.