Samie Modak &Amp; Raghavendra Kamath

Stories by Samie Modak &Amp; Raghavendra Kamath

Change in tax structure prompted India Inc to favour buybacks again in FY21

Change in tax structure prompted India Inc to favour buybacks again in FY21

Rediff.com   3 May 2021

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year.

$1-bn outflows: FPIs turn wary of India on worsening Covid virus crisis

$1-bn outflows: FPIs turn wary of India on worsening Covid virus crisis

Rediff.com   30 Apr 2021

Covid-19, US yields, dollar to weigh on equity flows in the near term.

Wipro, Tata Steel may dislodge ONGC from BSE Sensex

Wipro, Tata Steel may dislodge ONGC from BSE Sensex

Rediff.com   29 Apr 2021

The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18.

Adani stocks may escape MSCI 'extreme price increase' threshold

Adani stocks may escape MSCI 'extreme price increase' threshold

Rediff.com   26 Apr 2021

While the stocks met various other inclusion parameters, there were fears they may still get disqualified given the sharp run up in their stock prices.

Localised lockdowns worry home appliance, auto firms

Localised lockdowns worry home appliance, auto firms

Rediff.com   24 Apr 2021

Durable goods companies and retailers say online sales won't compensate for the fall in offline sales.

Over 70% IPOs delivered gains on listing day in FY21

Over 70% IPOs delivered gains on listing day in FY21

Rediff.com   20 Apr 2021

The listing day gain-to-loss ratio for FY21 was 71 per cent, the highest since FY17, when it was 85 per cent.

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.'

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.

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.

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.

Luxury segment accounts for half of unsold houses: Lodha

Luxury segment accounts for half of unsold houses: Lodha

Rediff.com   18 Feb 2021

About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.

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.

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.

Investors flock to warehousing as it has become an asset class of choice

Investors flock to warehousing as it has become an asset class of choice

Rediff.com   12 Jan 2021

Warehousing and logistics segment has been among the most resilient asset classes in the pandemic.

Top real estate developers see more consolidation coming in 2021

Top real estate developers see more consolidation coming in 2021

Rediff.com   5 Jan 2021

Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.