Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.
'I was feeling so suffocated under Yogiji's rule.'
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
He said cheap valuations, improving sentiment and the ongoing reform momentum coupled with increased transparency due to the internet are driving investors to the Dalal Street.
Christopher Wood, global head of equity strategy at Jefferies reiterate his bullish view on Indian equities on the back of a steady fall in Covid cases coupled with a sharp economic recovery in India, reports Puneet Wadhwa.
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
Markets will be open from 5.45 pm to 6.45 pm on Wednesday.
On the Sensex chart, Axis Bank, Titan, IndusInd Bank, HDFC Bank, Dr Reddy's, HDFC and Asian Paint were major losers.
The 30-share Sensex ended down 324 points at 26,493 and the 50-share Nifty closed 109 points lower at 7,933.
'Being embarrassed when you mess up is part of the human experience.' 'Getting back up, dusting yourself off and seeing who still wants to hang out with you afterward and laugh about it? That's a gift.'
Led by the weak trend in the broader market, the market capitalisation of BSE-listed companies plunged Rs 1,65,437.91 crore to Rs 1,38,54,439.41 crore.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
Enrico Piperno, who was also India's Fed Cup coach says, lack of funding, support and infrastructure will cease creation of a top-50 player
Billionaire Mukesh Ambani on Monday pressed for bridging the digital divide "both among nations and within nations", saying connectivity and communications have become the fundamental rights of every person. Also, there is a need to bring back the economies around the globe. Speaking at the Qatar Economic Forum, he said it is difficult to imagine what India would have been without the 4G telecom network during the pandemic. "The digital divide must be bridged, both among nations and within nations.
Like ants declining to question the rules of the anthill, they feel innately justified in their approach, notes Shyam G Menon.
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
The 30-share Sensex ended down 249 points or 0.94% at 26,304 levels.
From the 30-share Sensex pack, 23 scrips declined in Wednesday's session, led by IndusInd Bank, Bajaj Finance, Tata Motors and Tata Steel which fell by up to 3.87 per cent.
Reliance Industries was the top gainer in the Sensex pack, surging over 3 per cent, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. NSE Nifty surged 143.25 points or 1.18 per cent to 12,263.55.
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
The 30-share Sensex ended down 563 points at 25,202.
'This looks like a long-term bear market and there could be mounting losses in the near-term,' says Devangshu Datta.
RBI will take a cue from the Fed policy statement.
Petrol and diesel prices were hiked for the fourth consecutive day on Saturday by 35 paise per litre, pushing the total increase in rates on petrol to Rs 36 per litre and on diesel to Rs 26.58 since early May 2020 when taxes on the two fuels were raised to record levels. Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Gold has risen sharply due to rising risk aversion
The Sensex finally ended down 233 points at 18,541. Nifty ended down 77 points at 5,590.
The rupee had lost 21 paise on Tuesday's trade.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
Foreign institutional investors (FIIs) are back in droves.