Equity Markets
Newly listed firms ride small, midcap rally despite West Asia war
Most companies listed since March are trading above their issue price, with the rally in small- and mid-cap stocks helping cushion them from broader market volatility
 "Newly listed firms ride small, midcap rally despite West Asia war")
Nearly 210 newage firms ready for public markets in next two years: Redseer
Redseer projects nearly 210 new-age firms will be ready for IPOs over the next two years, with listed companies' market capitalisation expected to reach $1 trillion by 2030
Pre-listing lock-ins of 53 companies worth $11 bn to expire in 3 months
Pre-listing shareholder lock-ins worth $11 billion across 53 companies will expire between July and September, though analysts expect most exits to be managed through negotiated deals
 "Pre-listing lock-ins of 53 companies worth $11 bn to expire in 3 months")
Valuation excesses in low-quality stocks pose biggest risk: Vinay Paharia
Large-cap stocks offer attractive valuations, but a sustained recovery will depend on foreign investor inflows, earnings growth and avoiding excesses in low-quality small- and mid-caps
 "Valuation excesses in low-quality stocks pose biggest risk: Vinay Paharia")
Next mkt upcycle to be earnings-led, not valuation-driven: Anand Shah
ICICI Prudential AMC's Anand Shah sees manufacturing-led mid and smallcaps sustaining outperformance as earnings growth supports valuations
 "Next mkt upcycle to be earnings-led, not valuation-driven: Anand Shah")
FPIs sold finance, oil & gas stocks the most in June's first fortnight
FPIs sold financial, oil & gas and auto stocks heavily in early June amid crude-price volatility, AI concerns and monsoon-related demand worries
 "FPIs sold finance, oil & gas stocks the most in June's first fortnight")
India mcap reclaims $5 trillion mark for the first time since May 8
The milestone was achieved for the first time since May 8 as falling crude oil prices and optimism over easing West Asia tensions boosted investor sentiment
 "India mcap reclaims $5 trillion mark for the first time since May 8")
Best of BS Opinion: Reforming institutions, governance for a changing India
Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability
 "Best of BS Opinion: Reforming institutions, governance for a changing India")
New demat additions stay below 2025 average for third straight month in May
Around 2.3 million new demat accounts were opened in May, below the 2025 monthly average, as subdued markets and geopolitical uncertainties weighed on retail participation
 "New demat additions stay below 2025 average for third straight month in May")
Mutual funds stepped up equity buying in May after a lacklustre April
Mutual funds ramped up equity purchases in May, deploying fresh inflows and capitalising on a market pullback after a cautious April
 "Mutual funds stepped up equity buying in May after a lacklustre April")
US AI companies' fundraise plans spur bets on future Asian winners
Fundraising by OpenAI, SpaceX and Anthropic is fuelling investor bets that the next winners of the AI boom could emerge from Asia's supply chain
 "US AI companies' fundraise plans spur bets on future Asian winners")
Unique investor additions by mutual funds hit 3-year low in April
Penetration slowing as equities turn volatile, gold rally loses steam
 "Unique investor additions by mutual funds hit 3-year low in April")
RBI relief to NBFCs likely to spur participation in equity markets
New norms, effective from July, exempt smaller NBFCs from registration need
 "RBI relief to NBFCs likely to spur participation in equity markets")
Don't expect more than a mid-to-high single digit return: KIE CEO Gupta
Kotak Institutional Equities CEO Pratik Gupta warns that high oil prices, AI disruption and monsoon uncertainty could cap gains in Indian equities
 "Don't expect more than a mid-to-high single digit return: KIE CEO Gupta")
Markets trace Covid-era comeback: BSE 500 up 12.1% so far this month
Markets see sharp rebound mirroring Covid-era recovery despite geopolitical risks, with strong liquidity and investor buying driving gains across broader indices
 "Markets trace Covid-era comeback: BSE 500 up 12.1% so far this month")
Small and midcaps rebound to pre-West Asia war levels, shows data
Small and midcap indices rebound sharply to pre-war levels, outperforming benchmarks on attractive valuations and stronger recovery from earlier selloff
 "Small and midcaps rebound to pre-West Asia war levels, shows data")
India's equity mania meets psychological test as returns outlook dims
For the first time since the pandemic, individual investors were net sellers in the secondary market in the first 11 months of the financial year that ended in March
 "India's equity mania meets psychological test as returns outlook dims")
Will FY27 be a year of fixed deposits as West Asia war dents stock returns?
Data shows that FDs beat stock market returns in FY26. Analysts, however, expect equities to outperform most asset classes in FY27 despite the ongoing geopolitical conflict in West Asia.
 "Will FY27 be a year of fixed deposits as West Asia war dents stock returns?")
Equity mutual fund inflows cool as investors shift to safer bets in FY26
Surge in hybrid, commodity fund flows offset equity slump
 "Equity mutual fund inflows cool as investors shift to safer bets in FY26")
Mkts brace for more turbulence as Iran war shows no signs of de-escalation
Escalating conflict, rising oil prices and rupee pressure likely to keep markets volatile as investors turn cautious amid global uncertainty
 "Mkts brace for more turbulence as Iran war shows no signs of de-escalation")