Govt permits Indian companies to list directly in IFSC. How it impacts investors

Govt permits Indian companies to list directly in IFSC. How it impacts investors

In a strategic move to enhance foreign investment in Indian companies, the Government of India has unveiled a groundbreaking set of regulations that allow public companies to list on International Financial Services Centre (IFSC) stock exchanges. This move follows the announcement made in July 2023 and incorporates the recommendations of the Working Group’s report on … Read more

Macro, mania and Modi may support overvalued Indian stock market: Kotak Equities

Macro, mania and Modi may support overvalued Indian stock market: Kotak Equities

While arguing that most sectors and stocks are quite overvalued, domestic broking firm Kotak Institutional Equities today said the disconnect between price and value may sustain given India’s decent macro position, retail investor-led mania on Dalal Street and expectations of PM Modi retaining power after Lok Sabha elections. However, as investors are happy to overpay … Read more

India’s weightage climbs to record high on MSCI Global Standard index

India’s weightage climbs to record high on MSCI Global Standard index

BENGALURU – Index provider MSCI raised India‘s weightage in its Global Standard (Emerging Markets) index to a historic high of 18.2% following its February review, and the changes will come into effect after market close on Feb. 29. India’s weightage in the index has nearly doubled since November 2020. The climb can be attributed to … Read more

Emerging-market stocks sink to lowest since 1987 relative to US equities

Emerging-market stocks sink to lowest since 1987 relative to US equities

Emerging-market stocks just crossed another grim milestone: They’ve tumbled to the lowest level in 36 years relative to US equities. MSCI Inc’s benchmark for developing-nation equities slipped to begin the week as Israel’s retaliation against attacks by Hamas sparked fears of a broader conflict between the US and Iran. That took the gauge, as of … Read more

84 smallcap stocks defy selling pressure, deliver double-digit weekly returns

84 smallcap stocks defy selling pressure, deliver double-digit weekly returns

Equity markets saw some selling during the week, almost coinciding with the news of the downgrade of US sovereign rating by Fitch. During the week, as many as 84 smallcap stocks delivered double-digit weekly returns with two of them rising over 40%. Lloyds Engineering was the top gainer in the smallcap pack with nearly 44.54% … Read more

IPL-flavoured portfolio: Index fund for test match, stock baskets for T20 and ODI, says Abhishek Banerjee

IPL-flavoured portfolio: Index fund for test match, stock baskets for T20 and ODI, says Abhishek Banerjee

As the IPL season draws to a close, investors can’t help but draw analogies with cricket and Dalal Street. As part of a special series, we reached out to money managers to know how they pick their pinch hitters, whether they like specialists or all-rounders and their on-field strategies. Edited excerpts of a chat with … Read more

Stock traders hunt for winners in Asia as Fed’s policy turns

Stock traders hunt for winners in Asia as Fed’s policy turns

The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets. Value is seen in consumer discretionary and tech services shares, with investors likely to gravitate toward markets that rely on local or regional demand. On … Read more

FIIs: $3 billion in 10 days! 3 reasons why FIIs are buying Indian stocks non-stop

FIIs: $3 billion in 10 days! 3 reasons why FIIs are buying Indian stocks non-stop

NEW DELHI: Despite the 75 bps rate hike by the US Federal Reserve earlier this month and not-so-cheap valuations on Dalal Street, foreign institutional investors or FIIs have been buying Indian stocks as if there is no tomorrow. FIIs have been net buyers in all the last 10 trading sessions and have cumulatively accumulated equities … Read more

China’s $5 trillion rout creates historic gap with Indian stocks

China’s $5 trillion rout creates historic gap with Indian stocks

The relentless plunge in China’s stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that’s rarely been seen before. The MSCI India Index rallied almost 10% in the just-ended quarter, compared with a 23% slump for the MSCI China Index. The 33-percentage point outperformance by the India gauge is the … Read more

Rising dollar and bond yields making it tougher for FIIs to stay put on D-Street

Rising dollar and bond yields making it tougher for FIIs to stay put on D-Street

Amid a spurt in the US Dollar index and bond yields, foreign institutional investors or FIIs are back to selling mode on Dalal Street. Last Friday alone, FIIs dumped Indian stocks worth around Rs 2,900 crore, shows NSDL data. FIIs, which were net buyers to the tune of over Rs 51,000 crore last month, have … Read more