Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.
This is the last lot of payments that telcos will make towards deferred spectrum liabilities, as the Union Cabinet had late last year approved a two-year moratorium on such spectrum payment dues.
Experts say Future group will look for an out-of-court settlement with help from Reliance in the Amazon matter.
There is immense pressure on Biyani to go ahead with the RIL offer after FRL defaulted on its interest payments of Rs 100 crore on July 22.
'NRI interest has gone up in the past three-four years.'
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The bank may post a loss of Rs 1,000 crore during October-December 2019-20 quarter, an analyst commented.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
Monsoons have had limited effect on market returns for a given year, report Sachin Mampatta and Sundar Sethuraman.
Experts find it difficult to predict a bottom for the bourses.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.