It looked like a panic-driven sell-off in global markets on 19 July. The Dow Jones cracked 725 points to 33,962 while the NASDAQ fell 152 points to 14,275. If Dow fell 2%, the fall in European markets on 19 July was much sharper. The London-based FTS

Steel has been an unlikely star in the last few months. Since the beginning of 2021, most steel stocks have multiplied 2-3 times and are still looking attractive. Between April and June, foreign portfolio investors were busy adding steel stocks to th

When the Indian government was drawing plans for a big shift to electric vehicles (EV), the biggest challenge was not about costs or efficiency. It was about EV charging infrastructure. For a rapid spread of EV as a green motor strategy, the biggest

Reliance is known for its penchant for aggressive inorganic growth. In the last one year, Reliance Industries became zero-net debt on the back of its mega rights issue as well as the placement with PE funds. With a war chest in place, Reliance may be

When there is a major shift, it is normally the financial capital that is expected to take the initiative. Maharashtra took the lead and unveiled the Maharashtra EV Policy 2021 with the intent of fast tracking EV adoption in an accelerated move away

The big dispute over the GVK stake in Mumbai International Airport Limited (MIAL) is finally over with control of MIAL likely to fall entirely in the hands of Adani Group. Adani Group had already acquired 23.5% stake in MIAL from two South African in

An unlikely sectoral index, BSE Realty Index, hit 10-year highs recently. Even as experts have been talking about weak offtake in residential properties, the undertone appears to be changing gradually. A host of stocks like Godrej Properties, IB Real

In the din and euphoria over steel and internet stocks, investors appear to have forgotten a silent multi-bagger in the last 8-9 months. Of course, we are referring to fertilizers. The robust Kharif output last year gave an impetus to fertilizer stoc

The good news was that inflation at 6.26% for Jun-21 was way below the consensus estimate of 6.9%. The bad news was that inflation was just marginally below the May-21 inflation level of 6.3% and well above the RBI tolerance level of 6%. Remember, th

Has the LIC IPO just been given the final stamp of approval? If you go by news reports, it does look like the LIC IPO may have just got its stamp of approval from the Cabinet Committee on Economic Affairs (CCEA). Now CCEA approval is the voice of the

In the last few days, small finance banks and their parent companies have shown a sharp rally. What exactly has changed? Both Equitas Small Finance Bank (SFB) and Ujjivan Small Finance Bank (SFB) propose to apply for amalgamation of their parent with

Brent Crude touched $75/bbl after a long gap. The last time Brent Crude was above $75 was back in 2018, when oil peaked around $79/bbl. Of course, crude oil is still a long way off the $100/bbl mark which it scaled prior to 2014. What exactly is driv