SBI Cards IPO opens on March 02nd 2020 and closes on March 05th 2020. The IPO will have an offer for sale component and a fresh issue component. The total size of the issue is Rs.10,354 crore and post the issue the stake of State Bank of India in SBI

The IPO process happens to be fairly prolonged and elaborate. Even in terms of filing of documents, there are various levels. The Draft Offer documents are first filed with SEBI and subsequently, the final offer documents after incorporating changes

Before getting into the finer aspects of futures contracts, let us look at a simple futures contract; that most of you would have seen on the NSE. Here is a snapshot of a Reliance Futures Contract. Data Source: NSE The above snapshot is of

In the last 8-10 years there has been a massive proliferation of electronic trading in India and that has been largely helped by better broadband connectivity and the launch of low cost trading. Be it trading over the internet or trading via mobile a

Much has been speculated about how the recovery of the economy is shaped (whether it’s a ‘V’, ‘W’ or ‘L’ shaped one). The stock market is not the economy, but it appears that the stock market might have made a V shaped recovery? Desp

Budget 2020 was rich on expectations but the exemptions in the budget were much lower than what the market desired. The impact was visible in the performance of the stock market indices which cracked in response. While a detailed analysis is still du

If you have an online trading account, it is possible to access your internet trading interface through your smart phone. Most smart phones have a screen that is large enough to be able to read research ideas and transact. However, the internet tradi

What exactly drives the crests and troughs of the markets; or market indices like Nifty and Sensex to be precise? The stock market has been a multi-dimensional representation; in the sense that it has reflected multiple factors rather than just one o

Budget 2019 turned out to be negative for the stocks markets for multiple reasons. One of the key drivers for the sharp fall in the Nifty and the Sensex post the Union Budget was the proposal to further increase the Minimum Public Shareholding (MPS)

The difference between an FPO and a QIP is quite subtle. For example, if the company is already listed, then the company can again raise funds from the public through a follow-on public offer (FPO). Alternatively, companies also have the option of ra

Union Budget 2020 comes at a time when the government must spend aggressively to revive demand but is constrained for resources. The current growth slowdown calls for an expansionary fiscal policy but the Finance Minister (FM) cannot afford laxity in

If you cast a cursory glance at the Sensex chart since the Gulf War in 1991, there have been five distinct bull and bear phases. A typical bull phase rallies 90 to 500 while the typical bear phase corrects 20 to 60. Check the Sensex chart below.