At a time when the US is still worried about inflation, the UK is concerned about recession and China about the resurgence of COVID; Indian markets have touched new highs. One can argue that stock markets are a lead indicator, but it is still rather

In the last one year, 5 major digital IPOs let to value depletion of close to Rs. 1.30 trillion. Out of these five, Paytm alone was responsible for value destruction to the tune of Rs. 1.10 trillion. That just goes to show how Paytm has borne the bru

The Tata group has been consolidating and restructuring its group properties along logical lines. Tata Consumer Products (formerly Tata Global Beverages) has been at the forefront of this consolidation. In 2020, Tata Consumer Products absorbed the sa

In its meeting held on 22nd November 2022, the board of directors of Vedanta Ltd (VEDL) has approved an Interim Dividend pay-out of Rs17.50/- per equity share of face value of Rs1/- each. For the purpose of interim dividend eligibility, the record da

A recent report on mutual fund flows in the month of October has highlighted what has been obvious from the build-up of SIP flows in the last few months. The gross lumpsum inflows into the equity mutual fund segment touched a 2 year low of just Rs17,

Keystone Realtors IPO (Rustomjee) had a marginally positive listing on 24th November 2022, listing at a slight premium of 2.6, and closing the day flat, almost very close to the listing price itself. While the stock did show some bouts of volatility

The move to T+1 settlement had started way back in February 2022 when the first batch of stocks had been moved from the T+2 settlement cycle to the T+1 settlement cycle. Over the next few months, nearly 500 stocks have been progressively moving into

On Wednesday, 23rd November 2022, the price of Crude fell sharply by nearly 5. Brent Crude fell sharply from $88/bbl to around $84/bbl. For the last few days, oil has been gradually drifting lower due to concerns over demand. The concern has been th

Byju’s has not had a very endearing year so far. Its FY21 losses were the highest ever reported in history and the FY22 results are yet to be announced. In between, many early backers who had committed funds to Byju’s even backed out citing valua

The US Federal Reserve released the minutes of the FOMC meeting exactly 21 days after the Fed statement. With the Fed statement released on 02nd November, the Fed followed it up with detailed minutes of the discussion on 23rd November. Incidentally,

The stock surged 7.6. On November 24, the market is trading in green. At 11:40 am, the S&P BSE Sensex is trading at 61836, up 0.53, while NIFTY50 is up 0.54, trading at 18365. About sectoral performance, Oil & Gas and IT are among the t

Inox Green Energy IPO had a rather tepid listing on 23rd November 2022, listing at a discount of 7.7, and closing the day well below the IPO price as well as the listing price on the first day of trading. While the stock did show some bouts of volat