RBI intends to not let banking system go dry: Bankers
The Reserve Bank of India will ensure banking system liquidity stays above 1% of NDTL. The central bank reassured bankers about its strategy. Recent interventions in the currency spot market and festive season demand caused liquidity to briefly turn negative. The RBI plans to use measures like variable rate reverse repo auctions to maintain liquidity.
Will Sudeep Pharma’s IPO stand out as a long-term growth opportunity?
Sudeep Pharma plans to raise ₹95 crore for capex and expand manufacturing capacity by 50,000 tonnes by March 2026. Despite strong export revenue and profit growth, investors may await post-listing performance due to high customer concentration and increased working capital days. The company seeks a P/E multiple of up to 48.
Nvidia’s upbeat forecast soothes fears of AI stock market bubble
Nvidia projected strong revenue exceeding analyst expectations, countering AI bubble concerns. The company anticipates a significant revenue surge in upcoming quarters, signaling sustained demand for its AI chips. This positive outlook boosted Nvidia’s stock and related tech companies, indicating robust momentum in the AI industry.
CBDT updates Capital Gains scheme, expands SEZ benefits
The CBDT has updated the Capital Gains Accounts Scheme to make it more convenient and digitally accessible. The amendment, effective November 19, extends the scheme to capital gains from shifting industrial units to SEZs under Section 54GA, encouraging such relocations by enabling tax exemptions.
High-risk investors can bet on Nifty IT index
Investors seeking high-risk opportunities can consider the Nifty IT index fund. The sector has faced headwinds, leading to underperformance and attractive valuations. Fund managers see this as a good entry point. Indian IT companies are navigating AI’s impact, presenting both challenges and opportunities. Global corporations will continue to depend on IT service partners for AI […]
Nifty eyes record levels amid progress on US trade deal
Indian stock markets surged on Thursday, approaching record highs. Investor confidence grew as the government signaled progress on a trade pact with the US. The Nifty index briefly surpassed its all-time closing high. Key companies like Eicher Motors and Reliance Industries saw significant gains. Foreign and domestic investors showed strong buying interest. Asian markets also […]
Nvidia relief won’t be enough to dispel tech-bubble angst
AI darling Nvidia on Wednesday surprised Wall Street with accelerating growth after several quarters of slowing sales and a fourth-quarter forecast that exceeded expectations
No Rivalry? Pakistan may be getting hammered in cricket, but its stock market returns better than India
Pakistan’s stock market has surged over 40% this year, outperforming India’s relatively subdued 9% return. This rally is driven by retail investors shifting to equities amid low returns elsewhere and improved economic sentiment, with two ratings agencies upgrading the country. Indian markets faced headwinds from foreign investor outflows due to developed market performance and currency […]
Zerodha staffer owns 3,100 stocks — nearly the entire NSE universe trading today. Here’s what Nithin Kamath says
Zerodha CEO Nithin Kamath revealed that a company colleague now holds an astonishing 3,100 stocks—nearly the entire NSE universe—pushing diversification to an extreme. Kamath’s post triggered witty reactions online, with users calling it a “personal mutual fund” and warning that excessive diversification, high costs, and microcap illiquidity could drag long-term returns.
IPO boom: 5 pillars for India’s stock market to become Asia’s listing hub
India is poised to become Asia’s premier listing hub, building on its IPO boom and strong domestic investor base. By refining key pillars like institutional capital, research, governance, listing processes, and valuation frameworks, the nation can attract global companies and solidify its position as a leading financial center.