Retail investors displayed the highest enthusiasm for the offering, with their portion being subscribed 4.5 times over. Qualified institutional buyers followed closely behind, subscribing 3.5 times the allocated shares. Non-institutional investors also showed considerable interest, subscribing 1.5 times their reserved portion of 30.66 lakh shares.
Reseñas
DP Singh on falling bond yield, cheap SIPs & how SBI MF is getting a billion dollars net into equity schemes every month
SBI Mutual Fund’s AUM has surpassed Rs 11 lakh crore, with equal contributions from SIP and non-SIP modes, says Deputy MD & Joint CEO DP Singh . The mutual fund industry is seeing significant growth, with SBI capturing an 18% market share. Lower yields and crude prices are favorable for Continue Reading
Not the time to exit the market, but investors need to play safe: Sandeep Tandon
In overall portfolio we have cut down, we have pruned down capital good significantly, because where we saw some amount of hype getting built and valuation was slightly stretched.
Why you should look to build a core and satellite portfolio
Financial planners suggest equity investors build a core and satellite portfolio, combining active and passive strategies. The core should be long-term oriented with large-cap focus, while the satellite portion can take tactical bets on sectors or themes. This mix aims to optimize returns and manage risks effectively.
New Asian Tiger? India beats China in one of MSCI’s emerging market indices
India has overtaken China in the MSCI EM Investable Market Index and is close to becoming the largest weight in the more popular EM index. This shift indicates increased foreign investment flows into Indian equities, driven by improving free float and rising relative earnings.
Is the long-term bull market in PSU stocks over? Sandeep Tandon answers
So, the key message is that keep analysing yourself, analyse your mistakes, and then you have willpower to learn from that and rectify that, that is the important learning I have seen from most of the veterans people.
Zomato shares rally 8% as JPMorgan hikes target price to Rs 340
Zomato Share Price: Shares of Zomato surged 7.6% on the BSE today, hitting an intraday high of Rs 261.50, following JPMorgan’s target price increase to Rs 340 from Rs 208, while maintaining an overweight rating. JPMorgan highlighted Zomato’s leadership in retail consumer transformation through Quick Commerce and its expansion across Continue Reading
Travels and Rentals shares list at 37% premium over IPO price
Travels and Rentals shares listed on the BSE SME platform with a 37.5% premium over the IPO price, debuting at Rs 55 against an issue price of Rs 40. The IPO saw strong investor interest, being subscribed over 600 times. Proceeds will be used for working capital and corporate purposes.
Not economic slowdown, semiconductor unwinding triggered by monopoly probe against Nvidia: ED Yardeni
ED Yardeni of Yardeni Research links the Nvidia-led tech selloff to a monopoly investigation rather than fears of an economic slowdown. He argues that the US economy is returning to pre-pandemic norms and anticipates strong employment figures. Yardeni also contrasts China’s current economic challenges with India’s potential for significant growth Continue Reading
Are FMCG and pharma the safest pockets to bet on now with the best risk-rewards? Gurmeet Chadha answers
Gurmeet Chadha from Complete Circle Consultants discusses the potential impact of the Biosecure Act on pharma and CDMO companies, rural spending boosts in FMCG due to Maharashtra elections, and the festive season. He also highlights market rotations towards IT, pharma, and FMCG sectors amid macroeconomic stability and upcoming rate cuts.