Posts in category Economic Times
Sebi slams ICICI’s canvassing for I-Sec delisting (07-06-2024)
Sebi reprimanded ICICI Bank for conducting an outreach programme to influence ICICI Securities shareholders during the voting on delisting. Sebi directed ICICI Bank to examine complaints and take action against violations.
Aramco sale set to raise at least $11.2 billion for Saudi Arabia (07-06-2024)
Saudi Aramco's mega stock offering, set to raise $11.2 billion, supports the government's economic transformation. The sale includes Aramco's $124 billion dividend, attracting foreign investors despite challenges in the oil market.
Housing finance companies to do well over the next 2-3 years: Madhu Kela (07-06-2024)
Even pre-election, I had an interaction with media and I said that I am very constructive on the overall financial sector, so I remain constructive. I think some of the corporate banks are also available at very reasonable valuation compared to their historical past, hardly any return is being made in the last four-five years, I would argue it is a good thing to have them in your portfolio. However as you rightly said within the whole sector the biggest opportunity might be in the housing finance sector basically because the companies are available at a very reasonable valuation.
Niteen S Dharmawat on 3 high conviction themes to bet on for next few years (07-06-2024)
From highest conviction perspective, the chemical and agrochemical sector that I mentioned, then infrastructure is another sector where we will see many investments coming in.
There can be both time wise and value wise correction in PSU stocks: Sandip Sabharwal (07-06-2024)
Consumer stocks are under-owned at this point of time. They have not given any returns for the last four-five years, leave aside something like a Godrej Consumer or a Tata Consumer which have been outliers and some stocks like Titan and all which have their own dynamics.
What should investors do with defence stocks? Mayuresh Joshi answers (07-06-2024)
However, I think for markets with India perspective we are very-very light right now, we still like to see over the next couple of days of what transpires on the political front and therefore the initiatives that will be taken over the next few days and specifically in the budget in terms of allocations are going to be extremely critical.
Insurers lap up GSec derivatives to manage liabilities (07-06-2024)
Global funds and insurers are showing strong demand for Indian government bonds, particularly ahead of their inclusion in a JP Morgan index. Insurers are increasingly interested in Bond Forward Rate Agreements (Bond-FRA) to manage long-term liabilities, with significant trading activity reported by Clearing Corporation of India (CCIL).
RBI accepts bids of over Rs 7,200 cr for bond buyback (07-06-2024)
The RBI accepted bids worth ₹7,287.56 crore in a government bond buyback auction out of ₹30,000 crore offered by the Centre.
RBI to come out with norms for securitising stressed loans (07-06-2024)
RBI is set to release final guidelines for securitisation of stressed assets, potentially initiating a junk bond market in India.
Bajaj Finance Housing Fin arm to raise Rs 4,000 crore (07-06-2024)
Bajaj Finance's housing finance arm is set to raise ₹4,000 crore via an initial public offering (IPO) to meet RBI mandates, as confirmed by the company in a stock exchange filing.