Why DBS Bank strategist Joanne Goh prefers smallcap and midcap stocks in this bull market
While many other institutional investors have been raising red flags over the non-stop rise in share prices in the broader market, Joanne Goh, Senior Investment Strategist of DBS Bank, prefers small and midcaps on a risk-adjusted basis, saying that high growth potential offers opportunities for significant returns. “With the near doubling of public capex in…
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Societe Generale, Morgan Stanley and others buy Zomato shares worth Rs 635 crore via block deals
Zomato witnessed a dozen block deals with a combined worth of Rs 635 crore on Tuesday where France’s Societe Generale was the top buyer at Rs 290 crore. Other prominent buyers were Goldman Sachs Investments (Mauritius) I Limited and Morgan Stanley Asia Singapore PTE who bought Zomato shares worth Rs 21 crore and Rs 10…
READ MOREBuoyant Indian real estate boosts institutional investor appetite
The Indian real estate market is experiencing a buoyant phase, characterised by a surge in institutional investment despite global economic uncertainties. The optimistic outlook is largely due to the robust performance of key segments such as warehousing, residential and office space.Foreign investors continue to play a pivotal role, with significant contributions coming in from the…
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Asian stocks slip, while Australian index tracks Wall St rally to hit record
Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed. In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23….
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Investors ride the ‘Trump trade’ as expectations grow for a second term
Rising expectations that former President Donald Trump will regain the White House in November are supercharging the so-called Trump trade, on views that his policies will lift corporate profits even while spurring worries about the country’s long-term fiscal health. The two sides of the trade have been evident in recent weeks, as investors price in…
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Bharti Hexacom shares surge over 9% after JPMorgan initiates Overweight rating, predicts 20% upside
Shares of Bharti Hexacom surged over 9% to a day’s high of Rs 1,165 in Tuesday’s trade on BSE after the global brokerage firm JPMorgan initiated an ‘Overweight’ rating on the stock with a target price of Rs 1,280, indicating an upside potential of 20% from the previous day’s closing price of Rs 1,065 apiece….
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India Playbook 2024 β Final Budget 2025 to focus on affordable housing
The overall theme of the Interim Union Budget 2025 was being prudent and focusing on long term growth. The fiscal deficit for F2025 had been estimated at 5.1% as against 5.8% in F2024. There were no populist measures either, in fact the overall subsidy has been reduced by ~8%. The overall Capex spent by the…
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Amara Raja among 17 stocks trading ex-dividend on Thursday. Last day to buy before record date
Companies such as Amara Raja, Can Fin Homes, and Praj Industries, among others, have declared dividends for eligible shareholders, setting the record date as July 18. Since July 17 is a market holiday, today is the last day to purchase shares of these companies to qualify for the announced dividends. Dividends are paid to shareholders…
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Role of AI in promoting diversity and accessibility in workspace interiors
As the workplace environment is constantly evolving, inclusion and integration are important with focus on diversity and accessibility. But the question arises as to how organizations are going to achieve those imperatives with interesting solutions coming out of Artificial Intelligence (AI). AI is preparing new designs and functional shifts in the work environments as its…
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Multibagger stock to split 1:2 on July 18, last day to buy today
Multibagger stock KPI Green Energy had announced July 18 as the record date for the purpose of its 1:2 stock split. This means that today is the last day to buy the shares in order to qualify for the split, since July 17 is a market holiday. Earlier in the month of May, KPI Green…
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