India attracts global fund managers as its bonds join global indexes. Prime Minister Modi’s vision for a developed India by 2047 sparks high investor interest. The country aims to tap foreign capital for infrastructure and private credit markets while addressing regulatory and market challenges.
Posts in category Economic Times
Asian IPOs set for blockbuster week as ‘Animal Spirits’ return (20-10-2024)
Asia’s stock markets are about to witness the busiest week of public offerings in over two years. Around 20 companies will list shares, aiming to raise $8.3 billion. Companies from China, India, and Japan are among the major participants.
HDFC Bank to offload Rs 10,000 cr worth stake in Rs 12,500 cr IPO of HDB Financial Services (19-10-2024)
Leading private lender HDFC Bank is set to divest Rs 10,000 crore worth of its stake in HDB Financial Services in a forthcoming IPO. This move comes in response to new regulatory norms and aims to enhance HDB’s lending capabilities and digital infrastructure.
Kotak Mahindra Bank Q2 Results: Net profit below estimates as RBI ban, rise in NPA bite (19-10-2024)
Kotak Mahindra Bank reported a 5% increase in standalone profit to Rs 3,344 crore for the quarter ended September 2024, driven by an 11% growth in net interest income. However, rising NPAs and a slowdown in consumer loans pressured margins and increased provisions.
Shapoorji Pallonji Group’s Afcons Infra to float Rs 5,430-cr IPO on October 25 (19-10-2024)
Afcons Infrastructure Ltd, a part of the Shapoorji Pallonji Group, is set to launch a Rs 5,430-crore IPO on October 25, featuring both fresh shares and an offer for sale by promoter Goswami Infratech. The proceeds will be used for equipment, working capital, and debt repayment.
IPO Calendar: Waaree Energies among 8 IPOs to keep primary market buzzing next week (19-10-2024)
Waaree Energies’ IPO will be open for subscription from October 21 to October 23, with a price range of Rs 1,427-1,503 per share. Analysts anticipate a multibagger listing for the company if the strong demand continues.
How to understand share buybacks: What they are and their significance (19-10-2024)
Repurchasing shares reduces the number of outstanding shares, which can increase earnings per share (EPS) and potentially drive up stock prices.
All weather investing: Protecting your portfolio from market downturns (19-10-2024)
Many overlook that a portfolio can still perform well during downturns if its drawdown is smaller than that of the broader market. In today’s unpredictable financial landscape, effectively managing various risks is essential for creating a resilient, all-weather portfolio. In this article, we will explore strategies for building such a portfolio.
Banking sector set for a comeback? Ajay Bagga’s analysis (19-10-2024)
In this interview, Ajay Bagga shares insights on the recent market volatility, the impact of FII outflows, and the performance of Indian markets relative to global peers. He highlights the influence of the China story, a stronger dollar, and the US presidential election on market trends. Bagga suggests that banks may outperform in the coming months, while private consumption lags. He advises a cautious approach towards the IT sector and emphasizes the resilience of Indian markets amid global uncertainties.
Sector rotation in focus: Where to find opportunities in a sideways market (19-10-2024)
The Nifty is currently range-bound, with key support at 24500-24650 and resistance at 25000-25100. A break below support could lead to further weakness, while a move above resistance might signal a renewed uptrend. Sector rotation is expected, with opportunities in financials, energy, and consumption. Investors should remain cautious and selective in their stock picks.