Page 12 - Equity Markets

HDFC Bank files petition for NCLT approval to the proposed merger

The bank has already received the approval of the equity shareholders, which includes public shareholders, to the proposed merger scheme

BAF fund managers divided on equity markets over risk-reward landscape

Equity allocation varies by a big margin across schemes as fund managers use different models

Growth triggers to keep earnings trajectory robust for Timken India

New plant expected to boost company's revenues, margins

Foreign equity funds pile into Indian financials as credit cycle picks up

Indian shares are trading at a record-high valuation premium to their Asian counterparts, BNP Paribas said

Asian equities witness highest monthly foreign inflows in two years

Expectations that China would gradually loosen its zero-Covid policy and open up its economy also lifted sentiment

TMS Ep317: EV batteries, WhatsApp UPI, Markets, Participatory notes

Can India become a global EV battery player? Is it the end of WhatsApp's UPI ambition? Will RBI policy and Gujarat polls sway markets? What are participatory notes? All answers here

Gland Pharma stock seen underperforming after acquiring France's Cenexi

Lack of near-term visibility on profitability for the core business is another concern about Indian firm

Flipkart staff may get Rs 5,700 cr in stock buyback scheme in a few weeks

This will be the biggest Esop buyback in tech industry. Flipkart owns over 80% stake in PhonePe and is looking to exit the company. Walmart owns 10% in the Bengaluru-based fintech firm

TMS Ep313: GST share of states, China plus one, Markets, FPO

Why do states want a bigger share of GST? Does China plus one strategy mean advantage India? Will the rally in the broader markets continue? What is a follow-on public offer? All answers here

Dharmaj Crop IPO subscribed 1.8x on Day-1, QIB portion not fully covered

Retail, HNI fully covered, institutional investor portion subscribed 35%

Settlement scheme to be extended for 150 brokers from December 19

The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement

Equity rerate unlikely before second half of 2023, says Credit Suisse

Higher-rates-for-longer theme triggered significant derating this year

Budget 2023: MFs seek LTCG exemption for longer-term equity investments

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets

Investing it wisely: Mutual fund investors 'buying low & selling high'

This 'buy low and sell high' strategy has not always worked for them

What's behind the fall in India's FDI inflows?

During the first half of this fiscal, foreign direct investment equity inflows fell by 14%. The total FDI also saw a contraction of 9%. What led to this fall and what could be its impact on economy?

Keystone Realtors shares climb over 3% in stock market debut trade

Shares of Keystone Realtors, which sells properties under brand 'Rustomjee', ended over 3 per cent higher in its debut trade on Thursday against the issue price of Rs 541. The stock listed at Rs 555, reflecting a gain of 2.58 per cent from the issue price on the BSE. It further rallied 5 per cent to Rs 568.25. Shares of the firm ended at Rs 557.80 apiece, higher by 3.10 per cent. At the NSE also, it made its debut at Rs 555. It later ended at Rs 556.80, a gain of 2.92 per cent. The company commanded a market valuation of Rs 6,352.08 crore on the BSE. In volume terms, 4.16 lakh shares of the firm were traded at the BSE and over 58.63 lakh shares on the NSE during the day. The initial public offering of Keystone Realtors received 2 times subscription on the last day of the offer on November 16. The IPO had a fresh issue of up to Rs 560 crore and an offer-for-sale of up to Rs 75 crore. Price range for the IPO was at Rs 514-541 a share. Founded in 1995, Keystone Realtors has 32 com

LIC hopes to mirror last year's $4.9 bn profit from equity sales: Chairman

LIC is aiming to increase its share of premium or participating policies to 15% in two years from about 9% presently, Kumar said

It will be a 'bottoms-up' market in 2023: Sachin Shah of Emkay

Geopolitical tensions, and high energy and commodity prices are expected to continue in 2023. Therefore, the outlook for Indian equity markets will depend on the actual growth in the domestic economy

Is the Indian stock market losing steam?

Global equity markets are now looking to make up for their underperformance of the past few months. But analysts caution that rally in the Indian markets could take a backseat during the rest of 2022

Should investors be worried about the recent correction?

BSE Sensex and Nifty indices came within a striking distance of hitting fresh life-time highs last week. With no triggers on the domestic front, will markets enter a long-drawn consolidation phase?