BUSINESS
ITI FPO withdrawal – could be a blessing in disguise
That the market is not yet in euphoric territory is seen from its rejection of the ITI FPO
BUSINESS
The impact of the coronavirus on the global economy and markets
Massive Chinese stimulus has reassured markets but investors are weighing hedge options for the tail risk scenario
BUSINESS
Govt can forget about investments through REIT and InvIT unless budget changes are reversed
An Income Tax section has been tweaked to make an existing infrastructure financing vehicle unviable
BUSINESS
A budget to forget and move on
While the fall on the budget day has been sharp, Indian markets over the last one week have been holding on despite global markets falling on account of Coronavirus fears. The budget disappointment was thus a double whammy.
BUSINESS
Lots at stake for the real estate sector from the budget
Established players with strong balance sheets have been able to grow at a time when the sector as a whole has been reeling under pressure.
COMMODITIES
Tightening commodity margins – good intentions that will ruin the market
The new rules are likely to make the commodity markets illiquid.
BUSINESS
Deleveraging and deals – a healthy prescription for pharma sector
A stronger domestic market foundation helps as a buffer from fluctuating US sales.
BUSINESS
What this year’s Budget means for the market
Status quo on taxes may disappoint the markets
BUSINESS
DoT's demand for dues from non-telcos runs counter to the claims of the Ease of Doing Business
After an initial blip, all the stocks of non-telecom companies on whom the demands have been raised have recovered from their losses
BUSINESS
SEBI PMS guidelines – a boon for clients but a bane for the industry
The measure that can hit the industry the most is the disallowance of charging upfront fees from clients
BUSINESS
Tailwinds in sight for aviation
The worst seems over for the aviation sector
BUSINESS
Govt. asking higher dividend from oil PSUs a heaven-sent opportunity for yield seekers
To meet the shortfall in its revenue target the government has asked its favourite milch cows to deliver some more
BUSINESS
Will 2020 be a year for mid and small-cap stocks?
It is unlikely to be a year that will take all stocks higher, which happens near the peak of a bull-run
BUSINESS
Will 2020 be the year of the pharma sector?
The pharma index valuation is trading at a discount to the broad index for the first time in five years.
BUSINESS
This may be the government’s last chance in selling Air India, else it needs to be shut down
The country cannot afford to feed this white elephant any longer
BUSINESS
SEBI’s intra-day margining rule defies logic
This move can suck liquidity out of the system and induce more risk
COMMODITIES
Gold may touch new highs but for reasons other than the Middle East crisis
The underlying fundamental conditions continue to remain weak for gold
BUSINESS
Does asset diversification help?
Apart from T-Bills, all other asset class have given returns which are close to each other
BUSINESS
Sugar sector a sweet spot for investors
Sugar production has taken a hit in two of the biggest sugar-producing states in the country
BUSINESS
Are share buybacks going out of fashion?
Part of the reason could be the government’s new policy of taxing share buybacks
BUSINESS
The UTI AMC IPO could not have been better timed
As has been the case with IPOs in 2019, UTI AMC has priced the IPO attractively
COMMODITIES
Has the coal sector reached an inflexion point?
Coal consumption as a fuel for power generation is expected to decline for the first time in recorded history
MARKETS
India’s increased weight in MSCI index has nothing to do with economic fundamentals
The increase in weight has been made possible because of a change incorporated by the finance minister Nirmala Sitharaman in her budget
BUSINESS
Five reasons why SEBI’s latest diktat is against retail investors
From January, retail investors will have to maintain deposit money with their stockbrokers to buy or sell shares
