Samie Modak, Abhishek Kumar &Amp; Sundar Sethuraman

Stories by Samie Modak, Abhishek Kumar &Amp; Sundar Sethuraman

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com   15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

Rupee Slide Won't Crash Markets

Rupee Slide Won't Crash Markets

Rediff.com   14 Jan 2025

The markets need not tank every time the rupee depreciates sustainably over months.

Investors Bet On High-Risk Equity Funds

Investors Bet On High-Risk Equity Funds

Rediff.com   13 Jan 2025

Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65 per cent of the total additions to equity funds over the past two years.

Fundraising via equity, debt hit all-time high in 2024

Fundraising via equity, debt hit all-time high in 2024

Rediff.com   10 Jan 2025

Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.

Equity MFs cap strong 2024 with near-record inflows in December

Equity MFs cap strong 2024 with near-record inflows in December

Rediff.com   10 Jan 2025

Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally, which was only slightly short of the record-high inflows of Rs 41,887 crore achieved in October 2024, was fuelled by record inflows of Rs 9,761 crore into small-cap and mid-cap funds.

6 MF Entrants To Make 2025 Record Year

6 MF Entrants To Make 2025 Record Year

Rediff.com   8 Jan 2025

While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.

Passive funds have to sell Rs 1.5K crore ITC Hotels shares after listing

Passive funds have to sell Rs 1.5K crore ITC Hotels shares after listing

Rediff.com   8 Jan 2025

Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. Passive MF schemes - especially those tracking the Nifty 50 and Sensex - will have to offload their holdings in ITC Hotels as the stock will be excluded from the indices.

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

Rediff.com   7 Jan 2025

The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.

Secondary Market Saw Lacklustre Funding In 2024

Secondary Market Saw Lacklustre Funding In 2024

Rediff.com   7 Jan 2025

Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.

MF Equity Investments Top Rs 4 Trn For 1st Time

MF Equity Investments Top Rs 4 Trn For 1st Time

Rediff.com   4 Jan 2025

'We may see this momentum going into 2025 and may keep up with the demand, given the strong pipeline.'

Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Rediff.com   3 Jan 2025

Fifteen companies have launched their initial public offerings (IPOs) in December 2024, making it the best month for public offerings since 1996. Collectively, they have raised Rs 25,425 crore, which also made December the best month in terms of the quantum of funds raised. In December 1996, 33 companies had raised Rs 931 crore.

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

Rediff.com   2 Jan 2025

ITC's move to hive off its hotel business will have implications for passive funds and exchange traded funds (ETFs) similar to that seen during the Reliance Industries-Jio Financial demerger. As ITC is part of popular indices such as Nifty and Sensex, it is held by several index funds and ETFs.

After a stellar 2024, debt MFs set for best annual performance in 4 years

After a stellar 2024, debt MFs set for best annual performance in 4 years

Rediff.com   30 Dec 2024

Debt mutual fund (MF) schemes are set to register the best calendar year (CY) performance in the last four years despite no changes in the interest rate. An analysis of one-year performance of debt funds show that many of the schemes are set to deliver double-digit returns in CY 2024.

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Rediff.com   29 Dec 2024

Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive space.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com   28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com   26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Active largecap funds set to outperform for 2nd consecutive year

Active largecap funds set to outperform for 2nd consecutive year

Rediff.com   26 Dec 2024

The majority of active largecap funds are set to outperform for the second year in a row in 2024, thanks to the strong performance of their midcap and smallcap allocations.

Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77%

Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77%

Rediff.com   24 Dec 2024

Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is increasingly making its presence felt in the $5.2 trillion listed ecosystem.

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com   24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

Top MF Performers Across Categories

Top MF Performers Across Categories

Rediff.com   21 Dec 2024

Data from Value Research analysed on five-year, three-year and one-year performances of active equity schemes to pick the best performers in popular scheme categories.