Sachin P Mampatta &Amp;Amp; Samie Modak

Stories by Sachin P Mampatta &Amp;Amp; Samie Modak

At Rs 2.74 trillion, FPI flows surpass previous best in FY13: Govt

At Rs 2.74 trillion, FPI flows surpass previous best in FY13: Govt

Rediff.com   7 Apr 2021

The finance ministry said the sharp inflows last fiscal were due to the government's policy initiatives and economic recovery.

'Stock valuations may not go up'

'Stock valuations may not go up'

Rediff.com   5 Apr 2021

'It won't help being complacent about the momentum and valuations of equities that currently exist.'

India's IPO story is actually not all that bright!

India's IPO story is actually not all that bright!

Rediff.com   26 Mar 2021

This year is set to be the third consecutive year when India's share of IPOs has fallen relative to the rest of the world.

Jhunjhunwala bullish about state-owned banks, says they are undervalued

Jhunjhunwala bullish about state-owned banks, says they are undervalued

Rediff.com   26 Mar 2021

Jhunjhunwala, one of India's well-known individual investors, was speaking at the India Economic Conclave organised by the Times Network. He said he won't rule out 5-10 times gains in state-owned banks over the next five years. Shares of PSBs have been on a tear this year. The Nifty PSB index is up 20 per cent so far this year.

NSE trading outage: Calls for more stock exchanges likely to grow

NSE trading outage: Calls for more stock exchanges likely to grow

Rediff.com   5 Mar 2021

Sebi proposes to relax ownership rules to allow more entrants in the exchange space, which is seeing a disruption globally with the emergence of new technologies such as block chain.

Getting compensation for tech glitches could be a tough task for investors

Getting compensation for tech glitches could be a tough task for investors

Rediff.com   4 Mar 2021

Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties.

Further rise in bond yields seen; oil likely at $100/barrel

Further rise in bond yields seen; oil likely at $100/barrel

Rediff.com   1 Mar 2021

The rise in US bond yields spooked investors last week and there could a further increase given the inflation dynamics, according to Christopher Wood, global head of equity strategy at Jefferies. "The US bond market sell-off has continued over the past week, and with it the increased potential for an inflation scare. "Still, there is plenty of scope for bonds to sell off more since the last time the 5-year forward inflation expectation rate was running at current levels (namely in early December 2018), the 10- and 30-year bond yields were significantly higher at 2.91 per cent and 3.17 per cent, respectively," the market guru said in his newsletter GREED & fear. The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week.

Trading glitch: Sebi, FinMin seek detailed report from NSE

Trading glitch: Sebi, FinMin seek detailed report from NSE

Rediff.com   25 Feb 2021

The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated.

India Inc's profit contribution to GDP likely to jump three times

India Inc's profit contribution to GDP likely to jump three times

Rediff.com   22 Feb 2021

The bulk of the incremental profits will come from oil & gas and automobile sectors.

Why large-cap PMS schemes failed to beat benchmark index

Why large-cap PMS schemes failed to beat benchmark index

Rediff.com   19 Feb 2021

Companies providing portfolio management services (PMS) had a tough time beating the benchmark index in January, with more than half of the schemes invested in large companies underperforming in the run-up to the Union Budget. The Nifty 50 index was down 2.5 per cent during the month. Only around 44 per cent of PMS schemes did better, among the schemes investing in large-cap companies. The analysis is based on data from industry tracker PMS Bazaar. Half the mid-cap schemes outperformed, while the rest underperformed.

New rules on holding firms may affect pension funds

New rules on holding firms may affect pension funds

Rediff.com   19 Feb 2021

The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Besides, the ownership structure of holding companies through which investments are to be made requires further clarification, they added.

Sebi paves way for LIC's mega float

Sebi paves way for LIC's mega float

Rediff.com   18 Feb 2021

Sebi's change of rules will give the government -- which owns 100 per cent of LIC -- the flexibility to assess market demand and opt for lower dilution.

33 of 95 BSE100 cos INCREASED CAPEX

33 of 95 BSE100 cos INCREASED CAPEX

Rediff.com   4 Feb 2021

Acquisitions may have played a role in much of the increase.

Public sector IPOs to warm up to anchor investors

Public sector IPOs to warm up to anchor investors

Rediff.com   29 Jan 2021

Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board.

1 million new investors entering the market on a monthly basis

1 million new investors entering the market on a monthly basis

Rediff.com   29 Jan 2021

Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge.

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

Rediff.com   23 Jan 2021

Companies are looking to combine risk management with strategy.

Tata Consumer may be added to Nifty

Tata Consumer may be added to Nifty

Rediff.com   16 Jan 2021

The firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March.

TCS' market capitalisation touches all-time high of Rs 12 trillion

TCS' market capitalisation touches all-time high of Rs 12 trillion

Rediff.com   15 Jan 2021

Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.

Franklin's voting process on six funds draws flak

Franklin's voting process on six funds draws flak

Rediff.com   15 Jan 2021

There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.

FPI registrations cross 10K for first time

FPI registrations cross 10K for first time

Rediff.com   13 Jan 2021

Equities in India saw record FPI inflows of $16.8 billion in November and December, taking the benchmark indices to new highs.