[ad_1] The shares of Sona Machinery debuted with a discount of 12.6% on the NSE SME platform on Wednesday. The stock listed at Rs 125 as against an offer price of Rs 143. Ahead of the debut, the company’s shares traded with a premium of Rs 80 in the unlisted market. The IPO of the…
READ MORE[ad_1] Illustrating the power of retail investors in driving stock prices higher against the diktat of the big boys of Dalal Street in a David vs Goliath-styled battle, at least 35 smallcap stocks have rallied despite both mutual funds and foreign institutional investors (FIIs) cutting stakes. A study done by ETMarkets shows that there were…
READ MORE[ad_1] Seventy per cent of MSMEs believe more than half of their retail sales will be via UPI, was the key revelation of the NeoInsights study titled ‘Decoding Digital Payments: A Retailer Perspective’, released today by NeoGrowth, an MSME-focused digital lender in India. The study was based on a comprehensive assessment of NeoGrowth’s customer data…
READ MORE[ad_1] In times when foreign investors are taking calculative bets on India, the faith of retail bulls remains unabated, as they increased their holding in more than 300 stocks for three straight quarters. Their consistent faith seems to have paid off too, because atleast 100 of the 300 stocks have given multibagger returns so far…
READ MORE[ad_1] The stock of Fonebox Retail was listed at a premium of 186% at Rs 200 on the NSE on Friday against the issue price of Rs 70. The uptick in stock continued as it hit the day’s high of Rs 210. At 12:15 pm, it was trading at Rs 207, up by Rs 7…
READ MORE[ad_1] Japan’s retail investors are pouring money into Indian stocks amid bets the nation will be the next China. Total assets of India equity-focused investment trusts in Japan grew 11%, or ¥237 billion ($1.6 billion), in January, according to data compiled by Bloomberg. Factoring in the gains of Indian stocks on the yen basis last…
READ MORE[ad_1] 2024 marks a defining moment in the Indian stock market with the rise of retail investors. The National Stock Exchange (NSE) has witnessed a historic increase, now boasting 80 million individual investors. This is not just a number; it represents a seismic shift in investing and wealth creation in India. Democratization of stock trading…
READ MORE[ad_1] India’s booming retail lending is increasingly posing concerns for the banking industry, arising from a potential systemic risk. The non-mortgage lending growth of banks and NBFCs has been growing at 25-30% YoY, mainly led by credit cards, durables, autos, personal loans, education loans, and others. A recent RBI research delves into the empirics of…
READ MORE[ad_1] As India preps for the historic moment of the Pran Prathishtha of lord Ram in his birthplace Ayodhya today, the spiritual movement on Dalal Street seems to have begun at least three months back. The rally in some of the stocks connected in some or the other way to Ayodhya city is an indication…
READ MORE[ad_1] Nithin Kamath on Friday said the popular narrative that retail investors are clueless may not be fully accurate. According to Kamath, equity investors on Zerodha are sitting with higher overall notional gains than equity mutual fund investors. “Maybe the popular narrative that retail investors are clueless and “gambling” isn’t fully accurate. That’s because you…
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