ipo market

ETMarkets Smart Talk | Financials offer comfort, while discretionary consumption a multi-decade story: Nitin Raheja

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ETMarkets Smart Talk | Financials offer comfort, while discretionary consumption a multi-decade story: Nitin Raheja

“We continue to believe that financials are currently the most attractively priced segment of the market today. The valuations in the sector clearly offer a margin of comfort,” says Nitin Raheja, Executive Director, Julius Baer India. In an interview with ETMarkets, Raheja said: “The other segment that we feel strongly about is discretionary consumption which … Read more

ETMarkets Smart Talk: Why India’s premium valuation in emerging markets is here to stay, Rajesh Cheruvu explains

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ETMarkets Smart Talk: Why India’s premium valuation in emerging markets is here to stay, Rajesh Cheruvu explains

“India has historically traded at a premium compared to other emerging markets (EMs) due to its large, profitable, and diverse corporate landscape,” says Rajesh Cheruvu – MD and CIO, LGT Wealth India. In an interview with ETMarkets, Cheruvu said: “We are currently overweight in industrials and healthcare and underweight in Energy and Utilities. However, our … Read more

New-age companies lead August’s IPO record for this year, raising Rs 17,000 crore. What’s next?

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New-age companies lead August’s IPO record for this year, raising Rs 17,000 crore. What’s next?

The previous highest amount raised through the market was in February when companies collected approximately Rs 7,500 crore. In July, companies raised around Rs 5,063 crore. August also saw several new-age companies, including marquee names like Ola Electric, Unicommerce, and Brainbees Solutions, tapping the public markets. The highly anticipated IPO of Ola Electric successfully raised … Read more

ETMarkets Smart Talk | Rate cuts signal weakening US economy, caution advised despite ‘risk-on’ sentiment: Aashish P Somaiyaa

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ETMarkets Smart Talk | Rate cuts signal weakening US economy, caution advised despite ‘risk-on’ sentiment: Aashish P Somaiyaa

“Rate cuts typically occur with weak economic data. So, yes, on first thought, people might believe it’s “risk-on,” but it’s usually accompanied by poor economic data, which one should expect from the US, and this could jumble up sentiment for a while,” says Aashish P Somaiyaa, ED & CEO, WhiteOak Capital AMC. In an interview … Read more

Big IPOs seen making a comeback as stock boom continues

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Big IPOs seen making a comeback as stock boom continues

A boom in tiny initial public offerings in India may soon be followed by larger deals, broadening options for global investors looking to join the nation’s equities frenzy. Citigroup Inc., the top arranger of equity offerings in India this year, sees four to five IPOs of at least $1 billion each over the next year. … Read more

Motisons Jewellers GMP: Motisons Jewellers IPO on track to deliver multibagger listing gains. Check GMP

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Motisons Jewellers GMP: Motisons Jewellers IPO on track to deliver multibagger listing gains. Check GMP

The GMP of Motisons Jewellers, after a massive subscription to the IPO, are holding steady at Rs 78-80 in the unlisted market, indicating multibagger listing gains to investors. The company’s shares are expected to list on the exchanges on December 26. At the upper price band of Rs 55, the stock is trading nearly 145% … Read more