BUSINESS
Promoters press the sell button: Nearly 600 firms see drop in promoter stake in Q2, shows data
Analysts said concerns around promoter selling should be focused on specific stocks, rather than the overall trend
BUSINESS
From Data Centers to Caravans: This PMS fund manager bets on interesting concepts, companies
While many companies in India focus on vanity vans, which celebrities use for temporary comfort on movie sets, caravans are designed for family holidays, and have amenities like kitchens and bathrooms, says Bharadia.
BUSINESS
New Asset Class: Distributors need training, certification to sell, say fund managers
Mutual fund managers say that since mutual fund distributors are unfamiliar with these complex products, they may need to pass new certification exams or undergo specialized training to sell them effectively.
BUSINESS
Stock price will be determined by investors, says Tarun Garg on weak Hyundai Motor India listing
Hyundai Motor India shares made a weak debut on the exchanges on October 22 after listing at 1.32 percent discount at Rs 1,934 against its initial public offer (IPO) price Rs 1960 on the National Stock Exchange.
BUSINESS
India growth story robust, not concerned about near-term pressures in auto industry, says Hyundai's Tarun Garg
Post-COVID, India regained its pre-pandemic volumes by 2022, and 2023 has seen further growth beyond that. Many countries are still struggling to reach pre-COVID levels, he added
BUSINESS
Hyundai Motor knew India is the future, so ramped up investments, says Chairman
Hyundai Motor India shares made a weak debut on the exchanges on October 22 after listing at a 1.32 percent discount at Rs 1,934 on the National Stock Exchange against its initial public offer (IPO) price of Rs 1,960.
BUSINESS
HDFC Bank expects slower credit growth in FY25; maintains steady NIMs amid rate cut prospects
The Reserve Bank of India's rate cut in future will not have much of an impact on its net interest margin (NIMs) and HDFC Bank will maintain NIMs in its current range, Jagdishan said.
BUSINESS
Kotak Mahindra Bank eyes tractor demand revival in H2 despite flat growth in H1
The bank's micro-credit segment fell by 4 percent in Q2FY25 and is expected to slowdown in the current quarter as well, said Ekambaram.
BUSINESS
AIF/PMS industry needs to innovate to compete with New Asset Class, says Gaurab Parija of Bandhan AMC
The New Asset Class would be helpful to run tighter portfolios as there would be no limit on exposure to a particular stock or a paper in the portfolio, says Gaurab Parija
BUSINESS
Kotak Mahindra Bank Q2 preview: NII may increase 10% to Rs 6,977 crore
The lender's growth outlook, especially on the trajectory of unsecured book, will be key to watch, say analysts
BUSINESS
HDFC Bank Q2 preview: Net profit likely to grow nearly 4% at Rs 16,570 crore
Net Interest Margins are likely to remain stable on a sequential basis with a positive bias
BUSINESS
IPO-bound Hyundai Motor India is valued higher than parent entity; here's why
The Hyundai Motor India IPO is entirely an offer-for-sale of 14.2 crore equity shares by promoter Hyundai Motor Company with no fresh issue component. Hence, the IPO proceeds (excluding offer expenses) will be received by the parent.
BUSINESS
Smaller PMS firms see MFs emerging as competition with 'new asset class' products
SEBI, on September 30, gave its final go-ahead to the ‘new asset class’ product with the minimum ticket size pegged at Rs 10 lakh.
BUSINESS
Valuations in defence sector are comparatively high, but there is growth to justify: IDBI Capital’s Amey Belolkar
A significant portion of the fund’s investors are family offices, who prefer to enter at the pre-IPO stage due to the clearer exit path it offers, according to Amey Belolkar, Senior Vice President at IDBI Capital Markets & Securities.
BUSINESS
Investment strategy for volatility: what to buy on dip, what to sell, what to avoid?
Experts say defense, power, housing finance, and agriculture are the best sectors for investment from a one-year perspective.
BUSINESS
SEBI’s new F&O framework could curb retail participation, but experts question impact on reducing losses
Another measure announced was increasing the minimum contract size for index derivatives from the current Rs 5-10 lakh to Rs 15-20 lakh. This, according to market participants, is expected to take option sellers with lesser money to look at option buying as that can be done with lesser quantum of funds.
BUSINESS
Investors to gain from ASBA-like mechanism; income of broking firms likely to take a hit
The SEBI decision is expected to affect the profitability of the broker community, as ancillary income generated from the client float held by brokers is likely to reduce.
BUSINESS
GIFT City-based IIBX struggles with gold derivatives as volumes fail to pick up
The spot gold volumes, however, have fared well since the time of launch in 2022. The total traded value for spot gold increased to $505 million in FY23 from $22 million in FY22. The total traded volume has increased from 0.4 metric ton in FY22 to 7.9 metric ton in FY23.
BUSINESS
Are tax filing complexities forcing HNIs to ditch PMS and opt for AIF?
Filing income tax returns in a PMS scheme can be a cumbersome process as all transactions occur in the investor's own demat account, which means that every trade executed by the fund manager triggers a tax event for the individual
BUSINESS
PE/VCs rush to get lucrative exits through IPOs as markets trade at record high levels
In 2024, the share of OFS in the total issue size was at 50.37 percent as compared to fresh issue percent of 49.63 percent.
BUSINESS
Now, rich individuals seek more quant-based strategies for their PMS investments
Industry participants attribute the increasing demand for quant strategies to a combination of factors, including better transparency and minimal influence of human emotional bias with respect to stock selection and churn.
BUSINESS
GIFT City’s India International Bullion Exchange plans to launch silver derivatives soon
Currently, IIBX offers only spot silver trading though it had launched gold futures contracts earlier this year in June.
BUSINESS
August proves to be a mixed bag for PMS schemes even as markets stayed flat
Among the top ten strategies which registered maximum outflows, ASK Investment Managers' Indian Entrepreneur Portfolio was at the top.
BUSINESS
No material change in market outlook post Fed rate cut; all eyes on RBI now: MC Poll
The unanimous view is that the US Fed rate cut was on expected lines – hence the subdued reaction on Thursday – and the focus will now shift to RBI as the Monetary Policy Committee is scheduled to meet next month.
