Fortis, Siemens, Paytm and GE Vernova join MSCI India index

Fortis, Siemens, Paytm and GE Vernova join MSCI India index

Global index provider MSCI said it has added Fortis Healthcare, GE Vernova T&D India, One 97 Communications (Paytm), and Siemens Energy India to its Global Standard Index in its November index review. These changes, which will be effective as of market close on November 24, are expected to result in passive fund flows worth nearly … Read more

High beta stocks hit higher peaks and deeper troughs. Laurus Labs, Paytm shine with 99% gains, Trent, IRFC slip in double digits

High beta stocks hit higher peaks and deeper troughs. Laurus Labs, Paytm shine with 99% gains, Trent, IRFC slip in double digits

A comparison of low and high beta stocks within the BSE 500 index reveals a balanced yet contrasting performance pattern over the past year — with high beta stocks edging ahead in returns, while low beta counters offered relative stability during volatile phases. The data underscores the familiar risk-reward trade-off in equity investing — high … Read more

Shankar Sharma sees organised campaign against Lenskart. Explains why it is a steal vs Paytm, Zomato, others

Shankar Sharma sees organised campaign against Lenskart. Explains why it is a steal vs Paytm, Zomato, others

Veteran investor Shankar Sharma has weighed in on the debate surrounding Lenskart’s upcoming initial public offering, stating that the eyewear retailer’s valuation is under unfair scrutiny. In a post on X (formerly Twitter), he remarked: “I have never bought any specs (I don’t wear specs) ever, but one thing is crystal clear from my lens: … Read more

General Atlantic tops up PhonePe wallet with $600 million

General Atlantic tops up PhonePe wallet with 0 million

Investment Ideas Grow your wealth with stock ideas & sectoral trends. Stock Reports Plus Buy low & sell high with access to Stock Score, Upside potential & more. BigBull Portfolio Get to know where the market bulls are investing to identify the right stocks. Stock Analyzer Check the score based on the company’s fundamentals, solvency, … Read more

Is the Rs 10,000 crore IPO jinx over? LG India shares listing breaks 15-year old Coal India record

Is the Rs 10,000 crore IPO jinx over? LG India shares listing breaks 15-year old Coal India record

LG Electronics India made a blockbuster entry on Dalal Street, listing at a stellar 50% premium over its issue price of Rs 1,140. The debut not only rewarded investors handsomely but also created history among India’s Rs 10,000-crore-plus IPOs — a league where most large issues have struggled to maintain listing momentum. The previous record … Read more

Nifty shows positive reversal; experts eye buying opportunities on dips

Nifty shows positive reversal; experts eye buying opportunities on dips

After a volatile start to the week, the Nifty index has shown signs of recovery, trading flat at 24,840 on Friday. Market experts point to technical cues suggesting a possible upward momentum in the near term. CA Rudramurthy BV, a seasoned market analyst, highlighted the shift in market patterns over recent sessions. “Last week on … Read more

Eternal becomes top pick in mutual fund portfolios in August, bought for Rs 7,200 crore

Eternal becomes top pick in mutual fund portfolios in August, bought for Rs 7,200 crore

Eternal (formerly known as Zomato) has become the top pick in the mutual fund portfolios in August, receiving the highest investment of Rs 7,200 crore, beating down some big names such as Infosys, Paytm, HDFC Bank, ICICI Bank, and others, according to a report by Nuvama Institutional Equities. The report further highlights that the stock … Read more

Paytm bulk deal: Societe Generale buys over 67 lakh shares worth Rs 720 crore in One 97 Communications

Paytm bulk deal: Societe Generale buys over 67 lakh shares worth Rs 720 crore in One 97 Communications

French banking behemoth Societe Generale bought over 67 lakh shares worth Rs 720 crore in Paytm parent One 97 Communications via a couple of bulk deals on Tuesday where Ant Group affiliate Antfin (Netherlands) Holding B.V. made a complete exit from the company, selling 5.84% stake that represented over 3.72 crore shares. Societe Generale purchased … Read more