In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy.
According to PRIME Database, there are nine companies with active buyback programmes of Rs 8,605 crore. Among these, Infosys's share repurchase programme is the biggest at Rs 8,260 crore.
'Equities are likely to be range-bound with a downward bias for the remaining part of the year.'
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.
Monsoons have had limited effect on market returns for a given year, report Sachin Mampatta and Sundar Sethuraman.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
Starting April 1, a non-executive director of 75 years or more can be appointed or re-appointed only by way of a special resolution, which requires 75 per cent 'for' votes.
So far in 2019, India has been one of the highest recipients of foreign flows among Asian and Emerging Market (EM) economies
While discount brokers have managed to grow at a rapid pace, they have not been successful in capturing substantial market share in the above-40 age category.
While divestment through IPOs saw an over 90 per cent drop as compared to the previous financial year, the exchange traded fund (ETF) route proved to be a shot in the arm for the government, reports Sundar Sethuraman.
Experts say foreign investor sentiment was bolstered by the US Federal Reserve's decision to go slow with interest rate hikes and hopes of political stability.
Global funds have pumped in over Rs 38,000 crore (about $5.5 billion) into domestic equities since February 20, helping the Sensex rebound 2,671 points, or 7.6 per cent, from its 2019 low.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
The mid- and small-cap indices had a dream run between January 2017 and January 2018 - zooming 48 per cent and 56 per cent, respectively.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'
