The IPO pipeline for the rest of the fiscal looks promising with some mega issues lined up. According to a report, about 26 companies proposing to raise Rs 72,000 crore are sitting on Sebi approval. Further, another 55 companies looking to raise about Rs 89,000 crore are awaiting the regulator’s Continue Reading

The Association of Mutual Funds in India (AMFI) will announce the stock re-categorization in the first week of January 2025 and may increase the market cap categorization which highlights the changes in large, mid and small cap, according to the predictions by Nuvama Alternative Research.

Starting early with the National Pension System (NPS) can turn a Rs 10,000 monthly contribution into nearly Rs 4 crore over 35 years due to the power of compounding. NPS offers a balanced exposure to equity and debt, tax benefits, and supports disciplined retirement savings, ensuring a substantial retirement corpus Continue Reading

Around six equity mutual funds have offered over 25% CAGR in the last five years based on the daily rolling returns, according to data by ACE MF showed.

Domestic brokerage firm Axis Securities is optimistic about several small and midcap stocks, predicting potential rallies of up to 27%. These include Federal Bank, Aurobindo Pharma, Sansera Engineering, Dalmia Bharat, and Prestige Estates Projects. According to Axis Securities, India’s economy remains in a favorable position, offering stability amidst global volatility.Here’s Continue Reading

Indian markets dropped over 4% this week due to middle east tensions and FII outflows. Major sectors like auto, banks, infra, and energy faced heavy selling. FIIs are moving funds to China, leading to significant cash market selling. Analysts predict continued pessimism with a possible consolidation phase ahead amidst rising Continue Reading

Gold has surged by 4% after the U.S. Federal Reserve’s rate cut and is expected to continue rising. Geopolitical tensions, further rate cuts, rising inflows into gold ETFs, and central bank purchases are key drivers. Seasonal demand in India will also support the price momentum, making it a promising period Continue Reading

The data “basically tells us economic activity in the fourth quarter is likely to remain at a solid pace,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

The Nifty IT Index surged 19.6% in the last 6 months against an up move of 11.1% in the benchmark Nifty Index in the same period. Investec said that the surge in the IT stocks has been in anticipation of a recovery despite the earning downgrades.

The eight others who have settled the case include Umesh Jain, GM Shenoy, Narayan Neelakantan, VR Narasimhan, Kamala K, Nilesh Tinaikar, R Nandakumar and Mayur Sindhwad.