Adani Enterprises’ Rs 500-crore NCD issue oversubscribed 3x
Adani Enterprises’ ₹500-crore NCD issue witnessed strong retail interest, being oversubscribed three times on its first day. The company intends to utilize at least 75% of the funds raised for debt repayment, offering an effective yield of up to 9.30%.
Investors turn cautious on unlisted companies after HDB offer pricing shock
Investor interest in unlisted firms like NSE and NSDL has decreased. This follows HDB Financial Services’ IPO pricing lower than expected. Share values of some unlisted firms have fallen. Investors are now more focused on valuations. HDB’s IPO price was significantly below its unlisted market value. This has impacted investor confidence. Some investors are selling […]
Nithin Kamath slams ‘Dark Patterns’ in finance apps, tells how Zerodha remains clean
Zerodha CEO Nithin Kamath criticized financial apps for using manipulative ‘dark patterns’ that mislead users into actions not in their best interest. He emphasized Zerodha’s ethical stance, avoiding such practices to build long-term user trust.
Settlement scheme for NSEL’s brokers to open from Aug 25: Sebi
Markets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform, will open on August 25.
Sebi mulls allowing CRAs to rate instruments outside its regulatory purview
Markets watchdog Sebi on Wednesday proposed permitting credit rating agencies (CRAs) to undertake the rating of financial instruments that may come under other financial sector regulators, even if they have not issued any rating-related guidelines.
India has staggering 80% market share in global index, stock options: Uday Kotak
Uday Kotak highlighted that India accounts for 80% of global index and stock options contracts, amid concerns over high retail losses and market manipulation flagged by SEBI. His remarks follow SEBI’s study showing 91% of retail traders lost money in FY25.
Smartworks raises Rs 173.64 cr from anchor investors ahead of IPO
Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors ahead of its initial public offer (IPO).
Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk
A viral video of an Uber driver losing Rs 2.5 lakh in options trading has reignited debate on retail investor risks in India’s derivatives market. His experience highlights the dangers of leveraged trades without financial literacy, prompting renewed calls for stronger investor education and stricter regulatory safeguards by Sebi.
Stock re-categorization: 11 largecaps that will be demoted to midcap
The Association of Mutual Funds in India (AMFI) has announced the stock re-categorization and has highlighted the market cap changes in large, mid and small cap, according to the predictions by Nuvama Alternative Research.
Contra stocks to buy: Jefferies picks 3 fallen angels for next 12 months
Jefferies is making a bold move by advising clients to invest in the struggling Indian consumer sector, identifying Varun Beverages, Hindustan Unilever, and Asian Paints as promising contrarian bets. Despite facing challenges like weak demand and margin pressures, these stocks are believed to have bottomed out, offering significant upside potential if the sector rebounds.