Will secular growth trends delimit scope for deeper equity corrections?
The equity market has continued its good run with a surge in the largecap indices in the recent past. But the action in the last two to three fortnights shows that the process of normalization of returns to lower levels has started happening. The corrections seen in midcaps and smallcaps were not very deep but…
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IPO market: 28 companies to raise Rs 42 crore, 70 more coming soon
In the last 7 months, we have seen about 28 companies completing their IPO and raising about Rs 42,000 Crores, with 70 more IPO’s in pipeline this year might have highest number of IPO’s till date over the last 15 years. This includes brands like Zomato, Tattva, Chintan Pharma, Glenmark Life science, etc. IPOs are…
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SIDBI collaborates with Assam to strengthen ties for development of MSMEs
Small Industries Development Bank of India (SIDBI) participated in a special event held at the Administrative Staff College, Guwahati, Assam to strengthen the state co-operation. The event was chaired by Himanta Biswa Sarma, Chief Minister of Assam. During the event the KK Dwivedi, Principal Secretary, Industries & Commerce, presented the expectations of the state on…
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Indian investors line up to buy newly listed Freshworks; Tesla falls out of favour
NEW DELHI: The stellar response to Zomato issue showed how hungry Indian investors are for tech startups. The issue saw frenzied response from investors despite the company having a track record of bleeding cash. Now, many more startups are lining up to raise money from the primary market. However, that does not seem to be…
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Look at the big picture in market, hunt in nooks and crannies
We are well and truly in a bull market by most yardsticks. However, unlike many previous bullish trends, this movement in the equity markets in some sense is mirroring the health of the economy. As investors, this gives us confidence that a long term rally backed by fundamentals is more structural and robust than the…
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Amazon adds 3 more languages for seller registration, account management services
NEW DELHI: E-commerce major Amazon on Sunday said sellers will now be able to register on the Amazon.in marketplace and manage their online business in three more languages – Malayalam, Telugu and Bengali. The move comes ahead of the festive season and will benefit thousands of existing Amazon sellers, many potential and new sellers from…
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FII flows, auto sales data among key factors that may guide market next week
NEW DELHI: The domestic market demonstrated a flattish trend in the beginning of the week, influenced by global factors like concerns over central bank meetings and worries in the Chinese market. However, the indices ended up soaring to close at record highs by the end of the week. There is not much economic data that…
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Leather exporters urge govt to extend PLI benefits to them
NEW DELHI: The Council for Leather Exports (CLE) has urged the government to extend the benefits of the production-linked incentive (PLI) scheme to the sector as it would help in boosting manufacturing, creating jobs and increasing exports. The government had announced the PLI scheme for 13 sectors with an outlay of Rs 1.97 lakh crore….
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Most Indian companies believe revival of MSME sector can boost rural employment: Report
MUMBAI: A majority of Indian companies (57 per cent) believe there is a need to revive the micro, small and medium enterprises (MSMEs) sector, which has been hit due to the COVID-19 pandemic, in order to boost rural employment, according to a report. According to the report by Genius Consultants, titled the ‘Sudden Rise of…
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Women turn investment hobbies into habit
(This story originally appeared in on Sep 25, 2021) For Lucknow-based Nandini Bhargava, investing in stocks has become a self-sustaining model. When she started investing in stocks twenty years ago in her late 20s, it was more like a hobby. Bhargava started her career in the corporate world where she spent eight years. Later, she…
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