BUSINESS
How should traders trade on Budget day; here is what experts say
Keep an eye on sectors where govt subsidies are announced. These stocks will have advantage and can overturn quickly, said Pallavi Gandhi.
BUSINESS
BlackRock eyes short-term gains in China, sees long-term potential in India
In the longer term, however, BlackRock sees emerging markets like India well positioned to capitalise on mega forces and navigate US-China competition.
BUSINESS
Fund managers eyeing big announcements in five key sectors; infra, manufacturing, steel, auto among those in focus
The consumer sector might see a mid-to-high single-digit increase in cigarette taxes, along with higher budgetary allocations for schemes like PM Awas Yojana plus other consumption-driven initiatives, said Bajaj Broking in a report.
BUSINESS
GIFT City to soon see first set of direct listings as companies finalise IPO papers
The International Financial Services Authority (IFSCA), which is the regulatory body for GIFT IFSC, had notified the final regulations for direct listing last year in August. However, there were certain challenges, which led to the delay in actual listing of the companies.
BUSINESS
MC Market Poll: Majority of experts believe markets could fall another 10 percent before bottoming out
Since January 1, the Nifty 50 has corrected 2.85 percent and Sensex has fallen 3.2 percent.
BUSINESS
Investment bankers becoming more transactional, not fair for firms to pay 20-30% fee; says SEBI's Ashwini Bhatia
Bhatia said that there is enough patient and long-term capital available in the markets
BUSINESS
Bankers know when they bring a pump-and-dump company to capital market: Madhabi Puri Buch
Buch said that there has been significant misuse of IPO funds, often linked to related-party and layered transactions, particularly involving overseas subsidiaries.
BUSINESS
Madhabi Puri Buch says platform in the works to allow trading of shares before listing
The proposed mechanism will allow investors to trade in the period between shares getting credited in the demat account and the actual listing on the stock exchanges.
BUSINESS
Only companies with good intentions, paperwork should be permitted in markets, says BSE CEO
BSE CEO Ramamurthy noted that for an economy to thrive, it requires a mix of consumption, investment, and exports—each of which drives employment.
BUSINESS
Budget 2025: Broking industry expects tech grants, STT rationalisation, simplified taxation
In the last budget, STT on futures & options was doubled. The rates on STT on sale of an option in securities was increased from 0.0625 percent to 0.1 percent of the option premium.
BUSINESS
Trump 2.0: Here’s how Trump-sensitive sectors in India moved since his win in November
The Nifty IT index has gained 3.81 percent since November. The market expected a negative impact on the sector, with increased US corporate spending due to tax cuts, but also stricter offshore outsourcing policies.
BUSINESS
Q3 preview: UltraTech Cement likely to post 26% decline in PAT
Among the brokerages polled, Axis Securities rolled out the most bullish projections while B&K Securities forecasted the slowest revenue and PAT growth for UltraTech Cement.
BUSINESS
Recent FPI outflows not linked to SEBI's granular disclosure rules: Ananth Narayan
In August 2023, SEBI had introduced a focused approach to mandating extensive disclosures by FPIs.
BUSINESS
13 scheme have relocated from foreign jurisdictions to GIFT City, says Pawan Shah of IFSC
As per data curated by Shah, currently, GIFT IFSC is home to 139 fund management entities (FMEs), of which 123 are non-retail, 8 are retail, and 8 are authorized FMEs. In terms of schemes, there are a total of 198 registered schemes in the financial center. Category III AIFs lead the way with 114 schemes, followed by 73 schemes under Category I and Category II AIFs. Additionally, 11 schemes fall under the angel and venture capital category.
BUSINESS
GIFT IFSC not competing with Dubai or Singapore jurisdiction, should be looked as an alternative: Dipesh Shah of GIFT IFSC
Shah was speaking at the Global Securities Markets Conclave held in GIFT City in Gujarat on January 16.
BUSINESS
MC Exclusive | India INX to launch Sensex futures contracts soon
The Sensex contracts will be available at India INX with a monthly expiry on last Tuesday of every contract month and will be settled in USD, a person with direct knowledge added.
BUSINESS
FII inflows crucial for big market rally: Motilal Oswal CIO
Indian markets have seen consistent FII selling since October. In October, FIIs net sold shares worth Rs 1.1 lakh crore, while in December FIIs net sold shares worth Rs 45,000 crore. In January as of date, FIIs have sold shares worth Rs 16,000 crore.
BUSINESS
SEBI to soon unveil F&O exposure limits, strategies for New Asset Class
These strategies, among others, would include the ones mentioned in the consultation paper like inverse ETF and long-short ones, people in the know said.
BUSINESS
Neelkanth Mishra of Axis Bank draws lessons from telecom bubble burst, says 'we shouldn't be too afraid'
China, recognised as the world's largest saver, directed a significant portion of its savings into real estate. However, with housing prices now declining, the effective deployment of savings has become increasingly critical, noted Neelkanth Mishra, Chief Economist at Axis Bank, drawing lessons for Indian investors.
BUSINESS
Corporate investment stalled due to weak demand, not supply, says Sajjid Chinoy of JP Morgan
“Over the past decade, corporate investment has remained stable at about 12 percent of GDP. While the initial constraints were leverage and balance sheets, the current constraint on corporate investment is the need for more demand visibility," Chinoy said
BUSINESS
Pendency of mutual funds and IPO applications has reduced, says Sebi's Madhabi Puri Buch
Sebi chair also underscored that India's weight in the MSCI Index has been steadily rising, as a result, Indian equity markets now automatically get a 20% proportionate share of global passive funds as part of the emerging market index inflows.
BUSINESS
Unhappy with cybersecurity rules, PMS players say SEBI should focus on outcome, not methods
Some of the issues portfolio managers highlighted were requirement to store client data backups physically, a mandatory vulnerability test, and provision for a separate dealing room.
BUSINESS
Are clients incurring additional taxes to pay management fees in a PMS?
Market experts say this practice impacts the clients who have been in the fund for a longer period more, as their fully invested portfolios may require the fund manager to sell a stock to cover fees.
BUSINESS
PMS managers tweak strategies for 2025, say chase growth, avoid macro-sensitive sectors
A common theme among fund managers is a sharp focus on growth while exercising caution with valuations. Unlike last year, when even highly valued companies attracted significant attention, the sentiment has shifted.
