Reason to cheer despite sharp fall in April inflows into equity mutual funds

With positive flows in equity schemes in the past couple of months, mutual funds have turned saviour for equity markets as they are seen absorbing the selling by FPIs

Wed, 12 May 2021 15:30:39 +0530

Are MFs back in favour as equity schemes see net inflows and SIP flows hit all-time high in March?

The second Covid wave and partial lockdowns perhaps could limit investors’ enthusiasm for direct equity and draw them back to mutual funds

Fri, 09 Apr 2021 13:21:17 +0530

Recent positive crossover of 50-SMA with 200-SMA on hourly charts is a bullish sign for Nifty: Mehul Kothari of AnandRathi

In case the support of 14400 is taken out then the index could slide towards 14,200 – 14,000 which is the lower end of the falling channel in which the index has been trading for quite some time, says Mehul Kothari, AVP – Technical Research at AnandRathi.

Sat, 15 May 2021 10:34:34 +0530

28 stocks in BSE500 index rose 10-30% as small, midcaps outperform

The Nifty is expected to extend its consolidation (14400-14900 range) in the coming week amid stock-specific action, while our medium-term view of 15400 remains intact, suggest experts.

Sat, 15 May 2021 09:20:45 +0530

DAILY VOICE | As Indian economy in an up-cycle revival mode, Autos, BFSI, Capital Goods, Pharma, IT to do well over next 18-30 months, says Sachin Shah of Emkay

During the last year of April and May, the unemployment figures had crossed 15-18 percent across all work age groups, however, this time around, the data is far better and is reflecting just under 2 percent in most of the categories.

Sat, 15 May 2021 07:53:19 +0530

How should your COVID-proof portfolio look like? Here are 2 options

We have seen a sectoral rotation with funds moving from defensive to cyclical sectors on recovery hopes, and reserved the trend when the market turned choppy, suggest experts.

Fri, 14 May 2021 11:08:07 +0530

Will Moody’s GDP cut impact market sentiment?

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Fri, 14 May 2021 10:32:48 +0530

Govt assures availability of over 2 billion doses of vaccine this year: BFSI, auto and cement could see renewed buying interest

Global vaccine maker floating tenders adds to the vaccination drive it certainly reduces the vaccination concerns that the Street has and the perceived risk attached to it, suggest experts.

Fri, 14 May 2021 08:59:21 +0530

DAILY VOICE | Downgrade in FY22 GDP growth projections on projected lines given the lockdown: Mayur Patel of IIFL AMC

Sharp drawdowns in the market always heighten volatility in the short term, but history suggests that such drawdowns offer a good opportunity if the medium-term outlook is good, says Patel.

Fri, 14 May 2021 08:03:15 +0530

Trade Spotlight: What should investors do with Godrej Consumer Products, Godrej Industries Siemens?

Here#39;s what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today

Fri, 14 May 2021 07:37:55 +0530

Hot Stocks: Here#39;s why MGL, Maruti Suzuki Cipla are top stocks to buy on Friday

Support for the Nifty Index is placed at 14450 levels while resistance rests near 14950, says Patil.

Fri, 14 May 2021 07:17:30 +0530

Second COVID wave likely to hit June quarter earnings; experts see these sectors as pockets of opportunities

The last two quarters saw consistent earnings upgrades which will halt now and we could see earnings downgrades after June quarter results. The real threat to earnings could a possible third wave, suggest experts.

Thu, 13 May 2021 13:20:01 +0530

Vaccine Update | Panacea Biotech share price up 5% after govt pushes for ramp up in production of COVAXIN

BJP National Spokesperson Sambit Patra said Bharat Biotech and Panacea Biotech are equipped with Biosafety level 3, or BSL-3, which is needed to safely handle the deal virus used to produce the vaccine

Wed, 12 May 2021 16:02:09 +0530

Will Taiwan#39;s COVID-19 warning impact Indian markets? Here#39;s what experts say

There may not be a huge outflow of FII money since the situation in Taiwan is much better than in other emerging economies like Brazil and India, say experts.

Wed, 12 May 2021 14:20:00 +0530

Neeraj Chadawar of Axis Securities picks COVID-proof sectors, says major earnings downgrade unlikely

Considering a strong run in commodity prices and an improving global situation, the Nifty is unlikely to see any major downgrades in the near term, says Chadawar.

Wed, 12 May 2021 11:08:32 +0530

Equity MF inflows dip in April; will pick up once COVID situation eases, say experts

Fund of Funds offerings remain attractive for investors as global equities continue to rise. Overseas Fund of Funds investing saw net inflows of Rs 695.34 crore in April.

Wed, 12 May 2021 10:12:47 +0530

Trade Spotlight: What should investors do with Praj Industries, BHEL and SpiceJet?

Stocks that were in focus included Praj Industries which rose over 4 percent, SpiceJet rallied more than 9 percent, and BHEL gained 11 percent on Tuesday.

Wed, 12 May 2021 09:05:44 +0530

PowerGrid InvIT closes with 3% gains at Rs 103 on debut

Investors can expect fairly predictable and stable kind of cash flows from the existing five assets and also there is good growth potential going forward, PowerGrid CMD K Sreekant.

Fri, 14 May 2021 17:15:23 +0530

PowerGrid InvIT debuts at 4% premium over IPO price

In InvIT, Trust manages the assets of the company and then whatever they earn while managing the assets will be distributed amongst the unit holders.

Fri, 14 May 2021 11:34:43 +0530

PowerGrid InvIT IPO subscribed 4.83 times, QIB portion booked 4.63 times on final day

PowerGrid InvIT raised Rs 3,480 crore by issuing 34,80,74,100 units to marquee anchor investors on April 28.

Mon, 03 May 2021 11:22:44 +0530

PowerGrid InvIT IPO opens: Should you subscribe?

Brokerages give a thumbs up, citing strong lineage and support from the sponsor, solid financial positioning, consistent and stable cash flows, strategic and critical nature of power transmission business, and a skilled and experienced investment manager

Thu, 29 Apr 2021 10:22:31 +0530

PowerGrid InvIT IPO: Here are 10 key things to know before subscribing the offer

Power Grid Corporation is required to hold 15 percent stake in the InvIT and the rest by public unitholders.

Wed, 28 Apr 2021 09:33:13 +0530

PowerGrid InvIT fixes IPO price band at Rs 99-100 per unit

The PowerGrid InvIT IPO comprises a fresh issue of Rs 4,993.48 crore and an offer for sale of 2,741.51 crore by selling unitholders.

Mon, 26 Apr 2021 11:04:45 +0530

Weak debut | Macrotech Developers share slips 5% to close at Rs 463.15

Macrotech Developers remained under pressure throughout the session. It touched an intraday high of Rs 477.90 and a low of Rs 421.15 after opening 10 percent lower at Rs 439.

Mon, 19 Apr 2021 17:33:39 +0530

Macrotech Developers share tanks 13% on debut: What should investors do?

Gaurav Garg of CapitalVia Global Research feels Macrotech Developers has pretty high number of unsold inventories which is a major concern that investors are worried about.

Mon, 19 Apr 2021 12:43:29 +0530

Macrotech Developers share price debuts at Rs 439, a 10% discount to issue price

Macrotech Developers#39; Rs 2,500 crore public issue had seen a 1.36 times subscription during April 7-9, the lowest subscription since October 2019.

Mon, 19 Apr 2021 10:00:45 +0530

Macrotech Developers IPO final day: Issue subscribed 1.36 times, QIB portion booked 3.05 times

To get fully subscribed main board public issues have to receive at least 90 percent subscription from the qualified institutional buyers

Fri, 09 Apr 2021 12:37:26 +0530

Macrotech Developers IPO sees 35% subscription, QIB portion booked 65% on Day 2 of bidding

Macrotech Developers, formerly Lodha Developers, is looking to mop up Rs 2,500 crore through the IPO and will utilise the proceeds to repay debt and acquire land or land development rights.

Thu, 08 Apr 2021 12:42:47 +0530

Subscribe to Macrotech Developers: Choice Equity Broking

Choice Equity Broking has come out with its report on Macrotech Developers. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on April 06, 2021.

Wed, 07 Apr 2021 16:41:54 +0530

Barbeque Nation gains 20% after weak debut, what should investors do?

The stock opened at Rs 492, down 1.6 percent from the issue price of Rs 500, but gained strength and ended 18 percent higher.

Wed, 07 Apr 2021 14:50:33 +0530

Macrotech Developers IPO subscribed 26%, QIB portion booked 58% on day 1

Macrotech Developers incurred a net loss of Rs 264 crore during the nine months period ended December 2020 affected by COVID-19 and a one-time provision of Rs 500 crore

Wed, 07 Apr 2021 12:17:12 +0530

Macrotech Developers IPO opens for subscription: Should you subscribe?

Macrotech Developers, which plans to raise Rs 2,500-crore through the IPO, has a land reserve of around 3,803 acres in the Mumbai Metropolitan Region with the potential to develop projects admeasuring around 322 million square feet of the developable area.

Wed, 07 Apr 2021 10:13:53 +0530