“In largecaps, Nifty is trading slightly higher than its average valuation but has not reached high or historical valuation levels. So, in a way, largecaps become an easier choice right now compared to midcaps and smallcaps,” says Nimesh Chandan, CIO, Bajaj Finserv AMC.In an interview with ETMarkets, Chandan said: “If you are able to find … Read more
“The total direct investment by Indians in U.S. markets is estimated to be around $6 billion, with over $1 billion remitted in the last year alone,” says Ashish Kashyap, Founder & CEO, INDmoney. In an interview with ETMarkets, Kashyap said: “The indirect route involves Indian Mutual Funds and ETFs offering global exposure, particularly to U.S. … Read more
“So, some will burn their fingers and some, based on the awareness exercise, will become aware and start investing in more high-quality names rather than investing in any other second IPO which is coming,” says Neeraj Dewan, Market Expert. Let us get a comment from you also going on this SME hullabaloo. Some are calling … Read more
ET Intelligence Group: Pune-headquartered Brainbees Solutions is a unicorn startup that runs India’s largest multi-channel retailing platform, FirstCry, as a one-stop solution for mothers, babies and kids for shopping, content, community engagement and education (pre-schools). The company is launching a ₹4,193 crore initial public offering (IPO), which includes a fresh issue of ₹1,666 crore and … Read more
Indian Railway Finance Corporation Share Price 205.77 03:59 PM | 19 Jul 2024 -0.05(-0.03%) One97 Communications Share Price 458.75 03:58 PM | 19 Jul 2024 13.45(3.03%) YES Bank Share Price 24.77 03:59 PM | 19 Jul 2024 -0.99(-3.81%) ITC Share Price 474.55 03:59 PM | 19 Jul 2024 4.31(0.92%) HDFC Bank Share Price 1607.3 03:59 … Read more
“People make fun of me about the fridges,” said Tassos Stassopoulos. “I am fridge-obsessed.” As the founder and managing partner of Trinetra, a London-based investment firm, Stassopoulos has pioneered an unusual strategy: peeking inside refrigerators in homes around the world in order to predict the future—and monetize those insights. By the time of his refrigeration … Read more
“Most investors are best served by investing into diversified equity funds, where fund managers will express their conviction on sector/themes stocks, with graded underweight/overweight calls,” says Kaustubh Belapurkar, Director – Manager Research, Morningstar Investment Research India Private Limited. In an interview with ETMarkets, Belapurkar said: “Don’t sell in panic, equity markets are a great long … Read more
The Indian market closed in the green for the second day in a row on Thursday tracking positive cues. The S&P BSE Sensex rose nearly 700 points while the Nifty50 rose more than 200 points. Sectorally, buying was seen in capital goods, public sector, and realty stocks. Stocks that were in focus include names like … Read more
In his polarizing “Techno-Optimist Manifesto” last year, venture capitalist Marc Andreessen listed a number of enemies to technological progress. Among them were “tech ethics” and “trust and safety,” a term used for work on online content moderation, which he said had been used to subject humanity to “a mass demoralization campaign” against new technologies such … Read more
“While FII flows will remain volatile, we think as time progresses, we will see a strong build up for India as a single-country destination for FII flows,” says Tridib Pathak, Executive Director and Portfolio Manager at Avendus Olivo PMS. In an interview with ETMarkets, Pathak said: “We like to identify ‘change’ in business fundamentals which … Read more
