Page 32 - Indian Markets

Nomura upgrades stance on Indian market from 'neutral' to 'overweight'

Valuations are expensive but will likely remain so, says the brokerage

FPIs pull out $1.7 bn in Sept amid rising US bond yields, worst since Jan

The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market

SAMHI Hotels gains 14% on stock market debut; Zaggle Prepaid slips 3.5%

Samhi Hotels raised Rs 1,200 crore by issuing fresh shares in the IPO

Sai Silks Kalamandir's IPO subscribed 33% a day ahead of its close

Sai Silks is looking to raise Rs 600 crore in fresh capital, which will be used to set up 30 new stores and two warehouses to help fuel its growth

Our investments in India will grow in double digits: Asus GM Peter Chang

Asus' increased optimism in the Indian market comes at a time when global PC makers have been reeling from the government's recently introduced laptop import restrictions

Overall general insurance premium slip by 4% to Rs 23,550.2 crore in August

Overall the group health segment registered 14 per cent increase to Rs 3760.1 crore from Rs 3296.4 crore in August 2022 due to better coverage

JPMorgan sees India's share sale boom reaching $30 billion in 2024

Sales of additional shares in listed companies in the country have surpassed $10 billion this year, more than the tally for all of 2022, according to data compiled by Bloomberg

Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200

CLOSING BELL ON SEPTEMBER 15, 2023: The BSE Sensex hit a new life-time high at 67,927, and the Nifty registered a peak at 20,222 on Friday

Micro, macro and geopolitical factors favouring Indian markets: Ajay Saraf

Markets activity will be robust but be careful around large events, says the head of Investment Banking and Institutional Equity at ICICI Securities

Indian startup valuations rebound on path to profit, better macros

The firm increased the face value of its investment in e-commerce firm Meesho in its books by 14.3 per cent to $43.24 million as of July, bringing the company's valuation to around $5.04 billion

TMS Ep519: IMEEC corridor, Djokovic, T+1 settlement cycle, Paytm Soundbox

How big a deal is the India-Middle East-Europe Corridor? Is Novak Djokovic indeed the GOAT? Is India ready for the T+1 hour settlement cycle? What is the Paytm Soundbox? All answers here

Nifty at 21,000 by Diwali? It's possible, say technical analysts

Thus far in calendar year 2023 (CY23), the S&P BSE Sensex and the Nifty 50 have seen a good run with both the indices surging nearly 10 per cent during this period

Bulls lift Nifty to 20K, Sensex up 528 points; India mcap nears $4 trillion

Economic optimism also propels small, midcap indices to new highs

India's OIS rates hit nine-month high, government bond yields rise

The one-year swap rate hit 7.10 per cent on Monday, the highest level since March 9, while the five-year swap rate rose to 6.85 per cent, a level last seen on November 9, 2022

With rains at unprecedented low in August, kiranas keep stocks low

Sales of FMCG items slowed both on a month-on-month (M-o-M) basis and year-on-year (Y-o-Y) and stores stocked up on lesser products, according to Bizom data

We'll launch credit score for housing loans: IMGC CEO Mahesh Misra

'HDFC Bank has a very ambitious DNA; we expect this to translate into a higher appetite for market share'

Markets log best weekly gains since June; indices near lifetime highs

Banking stocks gain after I-CRR rollback

Over 3 million: August demat additions highest in 19 months, shows data

The new additions in August were up 2.4 per cent month-on-month and were 47 per cent higher than the previous 12-month average of 2 million

Digital disruptor brands likely to reach $10 billion by FY28: Report

Consumer demand for innovation and digital-first brands fuels this trend

The great reversal: India back on FPI radar in 2023, overtaking China

Global investors bought $17.2 billion worth of shares on a net basis this year through September 1, which more than made up for their retreat in 2022