As banks have been under pressure and the IT companies have played the safe-haven game, the weight of the IT sector has touched a 5-year high of 15% in the Nifty. Since the beginning of 2020, the IT index is up by 6.5% as against a 6.7% correction in Read more [...]

It is rural India that is now driving the economic demand revival In the last few weeks, the stock markets have shown some distinct trends across companies in different sectors. M&M has been one of the best performers in the market since Mar-20. Read more [...]

Rossari IPO gets solid response, Yes Bank FPO scrapes through The week ended 17 July will go down as the tale of 2 IPOs, although one of them was an FPO. The Rossari IPO was open for the first 3 days of the week while the Yes Bank FPO was open for the Read more [...]

The 43rd AGM of RIL may have just signaled a strategy shift The 43rd AGM of Reliance Industries set off with huge expectations. To begin with, the markets were expecting RIL to make a bonus announcement. The markets were also awaited clarity on the journey Read more [...]

Paytm’s latest foray into insurance is a sign of the emerging model During the week, Paytm announced plans to acquire 100% stake in Raheja QBE Insurance for Rs.568 crore. This is the first case of a digital platform buying into an insurance originator. Read more [...]

LIC and BPCL may be tough sell, but buybacks are not the answer As we enter the fourth month of the fiscal year 2020-21, it is time to look back at where the government stands with respect to its disinvestment targets. Of course, the first quarter was Read more [...]

What Mukesh Ambani overtaking Buffett actually means? Even 5 years back, it would have been hard to conceive an Indian businessman overtaking Warren Buffett in terms of wealth. But that is what happened on 10 July when Mukesh Ambani overtook Buffett Read more [...]