Axis Bank eyes AT-1 bond sale for up to Rs 3,000 crore in coming days
The private sector lender had raised the funds at a coupon rate of 7.45%, debt capital market executives had said. The bond issuance had a base size of Rs 2,000 crore and a greenshoe option of Rs 2,000 crore.
Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
CEREBRAS-IPO/ (UPDATE 3)UPDATE 3-Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
IIFL Home Finance likely to hit retail bond market in Q3 after three years
IIFL Home Finance plans its first retail fundraise in three years to diversify its liabilities. Filing a draft prospectus to raise up to Rs 3,000 crore, it aims for an initial fundraise of Rs 300-500 crore this quarter. The strategy follows RBI’s move to limit NBFCs’ bank borrowing, impacting their usual funding sources.
India now has 19.9% weight in MSCI Emerging Market Index, very close to China’s 24.42 %
India’s weightage in the MSCI Emerging Markets Index has reached 19.9 per cent, very close to China’s weightage which has dropped down to 24.42 per cent from nearly 40 per cent in 2020.
Varun Saboo on 3 sectors with value plus strength where fresh money can be put to work
Varun Saboo from Anand Rathi remains bullish on PSU banks, two-wheelers, and select pharma and hospital stocks. He highlights the potential benefits tied to rate cut cycles and sees continued value in these sectors. Though FMCG has done well recently, he advises against investing in defensive sectors while preferring growth stocks.
Market Trading Guide: EID Parry, Deepak Fertilizers among 5 stock recommendations for Thursday
Indian indices ended flat amid mixed performances, with Reliance and HDFC Bank dragging down. Analysts recommend stocks like Chambal Fertilizers and EID Parry for potential gains amid cautious sentiment.
Breakout Stocks: BASF India, Deepak Fertilizers and Bombay Burmah hit fresh record highs on Tuesday; what should investors do?
The Indian market closed in the red for the third consecutive day in a row on Tuesday. Benchmark indices closed flat with a negative bias.
Ahead of Market: 10 things that will decide stock action on Thursday
Indian indices ended flat amid profit booking in energy stocks. Analysts anticipate volatility as geopolitical tensions rise and support levels for Nifty are observed around 25,650-700.
F&O clampdown: How will Sebi’s new rules affect traders and brokers
Sebi introduces measures to curb speculative trading in derivatives, including increased contract sizes and upfront premium collection, aiming to protect investors while potentially limiting trading flexibility and broker revenues.
Sectoral and thematic mutual funds top return chart in September, offer up to 24% return
Equity and equity-oriented mutual funds yielded returns up to 24% in September, with sectoral and thematic funds leading among diversified equity mutual funds. Here are the top five performers.