Led by a confluence of global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew $1.3 billion from the Indian stock market in the week. However, buying of around $2.2 billion worth of equities by domestic institutional investors last week … Read more
The SoftBank-backed electric scooter maker Ola Electric is set to open its IPO for retail subscription on August 2. The public issue will open for investors a day earlier and close for retail subscriptions on August 6. Here are 10 things investors should know about the public offer: 1. Ola Electric IPO Size The Bhavish … Read more
ET Intelligence Group: Foreign investors are increasingly favouring India’s discretionary consumption and capital expenditure sectors, ramping up equity allocations in Asia’s third-largest economy following a brief pause. The capital goods sector saw the largest increase in weightage among major sectors, contributing 131 basis points to reach 5.71%. The auto sector’s portfolio weight rose by 115 … Read more
Mumbai: Vedanta Resources, the holding company of billionaire Anil Agarwal, sold a 2.63% stake in India-listed firm Vedanta on Wednesday through block deals. According to the BSE bulk deal data, Finsider International Company, an entity belonging to the promoter group, sold 97.95 million shares to raise ₹4,184 crore through the transactions. Vedanta Group, in a … Read more
Robust flows have allowed domestic institutional investors to own 16.05% of NSE market capitalisation at the end of the March quarter, reflecting market share gains of a fifth of one percentage point. Synopsis Registration of gross SIP accounts, the preferred route for small investors to invest in equities, rose to a record of 6.36 million … Read more
MUMBAI: A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors. The strategy, known as calendar spread, where traders simultaneously sell options contracts in the current month and purchase in the next month, is being recommended by brokers to institutional clients, who see sharp moves in Nifty options’ implied … Read more
