Samie Modak, Abhishek Kumar &Amp; Sundar Sethuraman

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

Promoters Sold Rs 87,000 Crore Of Shares

Promoters Sold Rs 87,000 Crore Of Shares

Rediff.com   2 Jul 2024

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.

'Indian rupee best-performing Asian currency this year'

'Indian rupee best-performing Asian currency this year'

Rediff.com   29 Jun 2024

'India represents one of the top opportunities with robust growth, solid fundamentals, and openness to foreign investment.'

Boom Times On Bourses In June

Boom Times On Bourses In June

Rediff.com   29 Jun 2024

In June, Sensex went up 6.6% and Nifty 6.9%, their best monthly gains since December 2023.

Unlisted Shares Market Is Buzzing

Unlisted Shares Market Is Buzzing

Rediff.com   29 Jun 2024

The dealers operating in the space have jumped nearly three times over the past two years.

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com   27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

How Front-Running Hurts MFs, Investors

How Front-Running Hurts MFs, Investors

Rediff.com   26 Jun 2024

Cases of front-running mostly happen when large asset managers and intermediaries are involved in bulk trades as their transaction size is generally big enough to impact the stock price.

Why Promoters Are Cutting Stake In Companies

Why Promoters Are Cutting Stake In Companies

Rediff.com   26 Jun 2024

'This trend will continue as long as the bull run continues.'

IPOs: Record Rs 32,000 Crore Raised in 1st Half

IPOs: Record Rs 32,000 Crore Raised in 1st Half

Rediff.com   25 Jun 2024

This year's tally is the second best ever after 2022 when 16 firms raised Rs 40,311 crore, led by LIC's biggest-ever IPO.

'I Hope We Don't Get A Bubble Too Soon'

'I Hope We Don't Get A Bubble Too Soon'

Rediff.com   21 Jun 2024

'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'

HNI Investors Grow, Retail Investors Dip

HNI Investors Grow, Retail Investors Dip

Rediff.com   20 Jun 2024

'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.'

Coming! Changes In Mid Caps, Large Caps

Coming! Changes In Mid Caps, Large Caps

Rediff.com   19 Jun 2024

Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.

Active versus passive schemes: Smallcap funds triumph their benchmarks

Active versus passive schemes: Smallcap funds triumph their benchmarks

Rediff.com   18 Jun 2024

Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.

Markets Calm, MF Launches Accelerate

Markets Calm, MF Launches Accelerate

Rediff.com   15 Jun 2024

'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Rediff.com   14 Jun 2024

Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.

MF Reduced PSU Holdings Pre-Election

MF Reduced PSU Holdings Pre-Election

Rediff.com   13 Jun 2024

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.

Amid volatility retail investor confidence unshaken

Amid volatility retail investor confidence unshaken

Rediff.com   12 Jun 2024

The spike in volatility, amid election uncertainty, has done little to dent the confidence of retail investors, shows demat account addition and equity mutual fund (MF) investment data. In May, investors opened a net 3.6 million demat accounts, taking the total to 158 million. MF data released on Monday pegged the net inflows into equity schemes and SIP investments at new record highs of Rs 34,697 crore and Rs 20,904 crore, respectively.

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Rediff.com   11 Jun 2024

Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.

MF Platforms Faulted for Selloff Delay

MF Platforms Faulted for Selloff Delay

Rediff.com   7 Jun 2024

Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com   4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com   29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'