MUMBAI: While largecap investors may be cribbing about the false recovery in the headline indices on Monday, after they ended in the red today, midcaps investors have no such complaints. The segment’s recovery continued to gain strength heading into the Diwali holidays as the Nifty Midcap 100 rose over 0.8 per cent on a day … Read more
MUMBAI: The template is this, Reliance Jio announces or launches something bold and daring, and investors of and Vodafone Idea run for cover. The announcement of the launch of the JioPhone Next with its attractive price point was one such. However, unlike the past when such an announcement would freak out the investors of the … Read more
MUMBAI: The obituaries being written about the primary market after tepid debuts for recent listings will now have to be thrown into the wastebasket. Paras Defence & Space Technologies’ listing today has breathed new life into the market and just in time, too, as big wigs such as Paytm, PolicyBazaar and Nykaa prepare themselves to … Read more
MUMBAI: The relief rally in shares of metal companies did not last long. The Nifty Metal index succumbed to selling pressure today as investors realized that the crisis in the Chinese real estate market may not blow over just because they don’t care about Evergrande anymore. The Nifty Metal index closed nearly 2 per cent … Read more
MUMBAI: In what would have been impossible 18 months ago, DLF today saw its market capitalization soar past the Rs 1 lakh crore mark for a first in several years signalling the return of the realty sector’s glory days. The country’s largest real estate developer soared over 9 per cent as the maniacal buying in … Read more
MUMBAI: It is not often that Indian shareholders triumph over the mighty promoters. While many might see Zee Entertainment Enterprises’ announcement of a merger with Sony India as a win for the beleaguered Puneet Goenka, it is truly a victory for shareholder activism. Invesco Oppenheimer, the largest shareholder in the broadcast company, wanted Goenka, MD … Read more
MUMBAI: Dalal Street loves its comeback story. Investors of Zee Entertainment Enterprises had their best day ever as the shares of the media company soared 40 per cent on the back of some head-turning shareholder activism by its largest investor. Invesco Oppenheimer’s proposal to oust Punit Goenka and few other directors of Zee Entertainment’s board … Read more
MUMBAI: Before you jump to conclusions, no it’s not because some investors are predicting the third wave of the pandemic to hit us very soon. While the surge in shares of oxygen suppliers like and may not indicate that a third wave is coming soon, the move is related to the preparation towards that eventuality. … Read more
MUMBAI: Just like Congress leader Rahul Gandhi seeks comfort in international travel during troubled times, Indian equity investors are now seeking the safety provided by quality, low volatility largecap stocks after being troubled by the sell-off in broad market stocks. Quality stocks were ignored for most of this year by investors because of their supposedly … Read more
MUMBAI: Much like our attention span, the sell-off in midcap and smallcap stocks this week proved to be fleeting. Post the clarification by the BSE on Wednesday over its new surveillance rules, dip buyers, who were sitting on the fence for a correction, lined up to buy shares of midcap and smallcap companies that had … Read more