Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 percent increase. Meanwhile, over the … Read more
Smallcap stocks have been outperforming the Nifty index for a while now, witnessing robust demand by retail investors, multiple new highs and improvement in corporate earnings. The Nifty Smallcap index has advanced over 25 percent in 2024 YTD as against a 13 percent rise in Nifty. Similarly in the last 1 year, the smallcap index … Read more
Investing, a crucial aspect of financial planning, requires a strategic approach that aligns with individual goals and time frames. Whether it’s equities, debt funds, or other asset classes, having a clear investment horizon is imperative for optimising returns and managing risk effectively. Investing with a time frame: Importance across asset classes When it comes to … Read more
Shares of Globus Spirits have been on a downward trend since January 2022, primarily due to challenges such as rising raw material and power costs over the past two years. During this period, the stock has decreased from its all-time high of ₹1,719 to the current level of ₹858.40, marking a 50% drop. Despite these … Read more
Shares of Ahluwalia Contracts (India) surged 18% in today’s intraday trading session, reaching a new all-time high of ₹1,542 apiece after the company secured a substantial construction order. The company announced through an exchange filing on Thursday that it had been awarded a ₹572 crore contract from the Airports Authority of India for the construction … Read more
In the world of investment, optimism is often touted as a key ingredient for success. The belief in a brighter future can drive investors to take risks, seize opportunities, and weather market volatility with resilience. However, while optimism can be powerful, investors must balance it with a healthy dose of realism and data driven analysis. … Read more
After a strong 2023, foreign portfolio investor (FPI) inflows into Indian equities were relatively modest in the first half of 2024, amounting to ₹3,201 crore. This follows a substantial inflow of over ₹17,000 crore in the previous year. Despite the market’s bullish trend and multiple new highs, FPIs remained cautious due to uncertainty surrounding the … Read more
Shares of JSW Energy, one of India’s leading private sector power producers, surged nearly 4% in early morning trade to ₹739 apiece. This rise followed the announcement that the company’s wholly owned subsidiary, through its subsidiaries, had signed Power Purchase Agreements (PPAs) for wind and solar projects totaling 1,325 MW. These agreements include 1,025 MW … Read more
Additionally, it said that US agrochemical companies are increasingly opting for outsourcing and favoring asset-light models, which the brokerage believes benefits Indian specialty chemical companies with the increased addressable market. Also Read: Will power, defence, railway stocks sustain investor interest after sharp rally? It highlights that estimates for Indian chemical companies were significantly downgraded over … Read more
The mainboard IPO of a luxury furniture brand company is a book-building issue of ₹537.02 crore, comprising a fresh issue and an offer-for-sale. The Bengaluru-based furniture maker raised over ₹161.10 crore from anchor investors on Thursday ahead of its initial public offering. Stanley Lifestyles is a super-premium and luxury furniture brand in India involved in … Read more