Bankers said strong balance sheets in some sectors, sharp volatility in the stock market, high valuations, and consistent selling by foreign portfolio investors (FPIs) through most of 2022 have kept companies away from raising funds through QIPs.

Amid recent optimism that inflation has peaked – and that the Federal Reserve could soon start to change its tone – 71% of respondents in a Bloomberg News survey expect equities to rise, versus 19% forecasting declines.

Low promoter holding of 27.3% after the IPO, regulatory risks related to the liquor industry and highly volatile operating margins are additional risks to the business. Given these factors, the issue looks more suitable for long-term investors with a high-risk appetite.

​We recommend focusing on stocks based on the sectoral trend. We expect the positive tone to continue in banking and FMCG sectors while pharma and IT stocks may continue to trade lackluster. Besides, it’s prudent to keep the leveraged positions hedged, especially overnight trades, citing the upcoming data and events Continue Reading

Following the July hike, the Department of Science & Technology and the Council for Scientific & Industrial Research have taken up the matter with the office of the Principal Scientific Advisor (PSA) and the finance ministry, expressing their deep concern, ET has learnt.

The Nifty took some breather and closed a tad below 18500 levels losing 1% during the week. Despite gains of more than 0.5% from banking space, Technology stocks turned spoiler as NSEIT index declined by more than 6% last week

I moved to the risk-first approach from the return-first approach. From that day, I trade with maximum loss in mind. If the maximum loss hits, I exit,” says Jain. The 43-year-old algo trader is a mechanical engineer by training who ran a successful digital marketing business before getting lured to Continue Reading

Our thought is that once you get the reliability and efficiency then what separates us is the kindness, is the ability to delight our customers whether it is USB ports that we offer, a seat cushion, a newer and fresher cabin, more leg room, etc that is part of the Continue Reading

Some of the PSU banks like Punjab National Bank have not moved up that much, probably it is a great time to buy. Our belief is that all PSU banks will come with a stellar set of numbers due to a combination of multiple factors including loan growth, asset recovery, Continue Reading

Another sector that is looking attractive is capital goods and from that space we like L&T. We have witnessed very strong momentum throughout the week and the stock is making a series of higher top, higher bottom formation. So there is a clear uptrend in the stock and we believe Continue Reading