Investors are increasingly holding cash due to concerns over high share valuations and market excesses. Despite criticism, including from Warren Buffett, many prefer the safety of cash or equivalents. Experienced investors are particularly cautious, while newer ones remain bullish. Cash holdings offer a cushion against potential market downturns.
Hudco raises $448 million in Yen debt in a rare transaction for state-owned firm (25-09-2024)
The Housing and Urban Development Corp (Hudco) has secured a 60 billion yen ($448 million) loan from three major Japanese banks. The five-year loan, priced at 70 basis points above the Tokyo Overnight Average Rate, will be swapped to dollars for domestic lending in India. This transaction is rare for a government-owned company.
Stock Market LIVE Updates: Sensex below 84,900, Nifty muted above 25,900; PSB, FMCG, IT drag (25-09-2024)
Stock Market Today: Indian equity benchmark indices were trading muted after opening in the red on Wednesday, as the momentum gained from China’s stimulus measures looked to be fading.
Blackstone, Vista Equity Partners reach $8.4-billion deal to buy Smartsheet (25-09-2024)
Blackstone and Vista Equity Partners have agreed to acquire software provider Smartsheet for about $8.4 billion. The buyout firms will pay $56.50 a share in cash, representing a premium of roughly 41% to Smartsheet’s average closing price over the past 90 trading days. Shares in Smartsheet rose 6% following the announcement.
Retail investors must block funds only via UPI for investment of up to Rs 5 lakh (25-09-2024)
The Securities and Exchange Board of India (Sebi) announced that starting Nov 1, 2024, retail investors applying for public issues of debt securities through stock brokers for amounts up to ₹5 lakh must use UPI to block funds, while other modes of payment will still be available for individual investors through stock exchange platforms.
In Sensex’s journey from 75K to 85K, HDFC and Bharti Airtel outshined (25-09-2024)
HDFC Bank, Bharti Airtel, Infosys, ICICI Bank, and M&M contributed over 50%, or 5,700 points, to the recent 10,000-point Sensex rally, as the index surged 13.16% from 75,000 to 85,000, outperforming markets in Japan, France, and China during this period.
Jash Engineering – Is it a multibagger (25-09-2024)
Guys I was researching on Om Infra and looking for their competitors in Hydro mechanical business as they claim there are very few competitors in this segment. I could only find Jash Eng.
If anyone can confirm both of these companies are direct competitors right? Also please do mention if there are any other listed players.
Market today: Dow, S&P500 at record high, Israel war, Manba IPO last day (25-09-2024)
Dow Jones and S&P 500 closed at record highs with a surge in mining stocks, buoyed by China’s stimulus package
TAAL Enterprise – cheap valueations (25-09-2024)
Did anyone attend the FY24 AGM? If Yes, request your views. It Would be great if you could touch upon: Why skipped the dividend? Any reasons for the OPM fall? Any plans for 100+Cr. cash or almost cash on the balance sheet? Overall impression. TIA.