The recent hawkish narrative from key central banks in the developed economies along with uncertainty with respect to Omicron has resulted in $ 3.7 billion portfolio outflow from the Indian markets
From equities to commodities and cryptocurrencies, most segments gave handsome returns. But inflation, rate tightening, and the Omicron spread have spoiled the year-end party
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too.
IT and energy firms drove Indian shares higher, tracking upbeat global risk sentiment in the absence of major domestic triggers
While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards
"Markets will continue to see volatility and whipsaw-like movements as they respond to Omicron-related development and the monthly expiry," said Yesha Shah, Head of Equity Research, Samco Securities.
While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards
Experts believe that the new year could be tricky depending on the Omicron situation and possible interest rate hikes
The IPO will comprise a fresh issue of Rs 100 crore and an offer for sale worth Rs 500 crore.
The company had priced its IPO between Rs 555 and 585 a share
The board of directors of the company is scheduled to consider a proposal for buy-back of equity shares on Tuesday, December 28.
Bajaj Finance was the biggest gainer among the 30-frontline companies pack, jumping 2.94%
'Whenever the FPI mood alters, we will see both retail and institutional investors become buyers,' says Chairman, Motilal Oswal Financial Services
Market participants believe that concerns still linger in the markets and investors should continue to have higher weighting towards large-cap funds
MapmyIndia, which powers Apple Inc's maps in the country, surged 54% in its market debut on Tuesday following a bumper initial public offering subscription last week
Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come
The stock gained a bit after listing and ended the session at Rs 99.4 - a 15.7 per cent discount to its issue price
Broader markets witnessed sharper selling pressure, with Nifty Midcap and Smallcap down around 4 per cent each.
Investors became poorer by Rs 11,23,010.78 crore in two days as domestic equity market continued to face severe drubbing amid a global selloff
According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17.