BUSINESS
Unlisted IPO-bound stocks selling like hot cakes after one-month rally
In April, SEBI extended NSDL’s listing deadline to July. Vikram Solar received clearance for its Rs 1,500 crore IPO last month, and Hero Fincorp secured approval for its Rs 3,600 crore issue last week.
INDIA
Despite April rebound, India equities trail emerging markets in 2025 so far
So far this year, the MSCI India index has risen just 2.33 percent, compared to a robust 9 percent gain in the MSCI Emerging Markets index. This divergence marks India’s first relative underperformance since 2020.
BUSINESS
Cash and bank balances of listed firms cross Rs 10 lakh crore in FY25
Experts said that in the face of uncertain demand, firms remain cautious about fresh capital expenditure
INDIA
No profits to show yet over 20 companies line up large dividend payouts
EID Parry plans to distribute Rs 160 crore, with promoters - holding a 41.6 percent stake - receiving nearly Rs 66.6 crore. Edelweiss Financial will distribute Rs 138 crore as dividend, of which over Rs 45 crore will go to promoters holding a 32.7 percent stake.
INDIA
Govt dividend from listed PSUs slips marginally to Rs 82,995 crore in FY25
In FY25, 52 listed public sector undertakings (PSUs) declared dividends, up from 50 a year earlier. However, the overall dividend payout to shareholders will be around Rs 1.33 lakh crore, lower than Rs 1.38 lakh crore in the previous fiscal.
INDIA
Promoters rush for the exit as stocks soar but discounts raise alarm
May has already seen over Rs 58,000 crore in such deals—the highest since August 2024’s Rs 75,000 crore deals. Experts say this selling spree, despite rich valuations, is raising red flags.
INDIA
Retail investors are cashing out even as markets climb
Analysts note a shift among retail investors toward safer avenues such as debt mutual funds and fixed deposits amid global uncertainties and rising geopolitical tensions.
INDIA
Cash market turnover hits eight-month high in May as trading action revives
So far in May, benchmark indices Sensex and Nifty have gained over 2.5 percent, while the broader markets have outperformed, with the BSE Midcap rising over 5.2 percent and the Smallcap index surging more than 9 percent.
INDIA
Nifty 50 firms dividend payout second highest in the past 10 years
Nifty50 companies have recorded a dividend payout ratio of 42.9 percent—the highest in the last two years, and the second highest in the past 10 years.
BUSINESS
IPOs make a beeline as sentiment revives but grey market premiums shows investors cautious
The primary market activity has revived after months of weakness and concerns over valuations. However, the GMP of recent IPOs is still not reflecting outsized gains, capturing a cautious sentiment.
BUSINESS
MF holdings near record peak, hit Rs 43.74 lakh crore in April
The sharp increase in share of equity investments aligns with the improvement in equity market performance since Donald Trump announced a pause in tariffs
INDIA
Defence stocks hit bull's eye as market cap soars to a record, sector surges 50% from February’s low
The Nifty India Defence Index has shown strong momentum, rising 9 percent so far in May to reach a new high, following robust gains of 11.5 percent in April and 24.6 percent in March.
BUSINESS
Mutual funds cut exposure to Adani Group, shares worth over Rs 1,160 crore sold in April
The largest selling was seen in Adani Enterprises shares, with mutual funds trimming their holdings by over Rs 346 crore in April. This was followed by Adani Energy Solutions and Ambuja Cements, where funds reduced stake by Rs 302 crore and Rs 241 crore respectively.
BUSINESS
Mutual funds turned buyers in IT during April as FIIs rushed to exit
Among IT stocks, Infosys attracted the highest investment from MFs, with additional shares worth Rs 3,011 crore purchased in April, followed by Tata Consultancy Services and Coforge, which saw MF inflows of Rs 2,375 crore and Rs 1,432 crore, respectively.
INDIA
FPI flows wobbly after $6 billion buying spree over 16-sessions
NSDL data shows that FPIs net sold equities worth $281 million, while provisional data from exchanges showed a positive net flows
INDIA
Mukul Agrawal, Akash Bhansali, Ashish Kacholia, Sunil Singhania among big losers as portfolios tumble in Q4
Contrary to the broader trend, a few investors recorded gains. Radhakishan Damani’s portfolio rose by 13 percent during the March quarter, driven by a recovery in Avenue Supermarts, which surged over 14 percent after a sharp correction of over 30 percent in the previous quarter.
INDIA
LIC accumulates shares worth over Rs 47,000 crore in Q4 amid market volatility
LIC's equity portfolio currently spans 351 stocks, with accumulation observed in around 105 of them, including 12 new additions. At the same time, the insurer trimmed its holdings in 86 companies, while its name disappeared from the shareholding disclosures of 15 firms during the quarter—indicating either a complete exit or a reduction in stake below 1 percent.
INDIA
Market breadth signals recovery as advance-decline ratio hits ten month high
April's performance was marked by a sharp recovery in benchmarks, with both the Sensex and Nifty gaining 3.5 percent. The BSE MidCap and SmallCap indices also showed strength, rising by 3.2 percent and 1.6 percent respectively.
INDIA
For the first time, DIIs hold larger share than FIIs in Indian markets
As of the March 2025 quarter, DIIs held around 16.91 percent of Indian equities, slightly overtaking FIIs whose holdings dropped to around 16.84 percent—a 50-quarter low—according to data from ACE Equities. With this, the assets under custody of DIIs stand at around Rs 69.80 lakh crore, while those of FIIs are around Rs 69.58 lakh crore.
INDIA
Indian billionaires see wealth rise, Mukesh Ambani returns to $100 billion club
Ambani emerged as the biggest gainer during this period, with his net worth surging by nearly $20 billion from a March low of around $81 billion to over $100 billion, according to Bloomberg data analysed by Moneycontrol
INDIA
Pahalgam fallout: History shows India's stock market has recovered swiftly after Indo-Pak conflicts
Following India's air strikes on terrorist camps in Balakot in 2019, Sensex and Nifty initially fell but bounced back the following day. The key uncertainty this time revolves around the extent of India's military response, and many HNIs have turned cautious in anticipation.
MARKETS
April bloom in equities supported by foreign flows, as MFs and retail trim exposure
Retail investors have offloaded shares worth over Rs 11,000 crore since April 11, while mutual funds have sold equities worth more than Rs 5,797 crore.
INDIA
Early trends show sluggish Q4 earnings growth, persistent cost pressures
An analysis by Moneycontrol of 111 companies (excluding energy, banking, insurance, and financial services) with consistent data over the past 10 quarters reveals that operating profit grew just 6 percent year-on-year—the slowest in five quarters and the seventh consecutive quarter of single-digit growth.
BUSINESS
Ather Energy's top investors Tiger Global, GIC and founders set to ride home with multi-bagger returns
Co-founders Tarun Mehta and Swapnil Jain each hold a 6.81 percent stake, amounting to 2.06 crore shares. Their average acquisition price is estimated at Rs 43.27 per share, and their respective holdings post price band valued at roughly Rs 659 crore.
