Samie Modak

Top insurers have parked nearly a fourth of their AUM in the top 10 stocks, reveals an analysis by Nuvama Institutional Equities

Number of IPOs happening in India probably equal to aggregate everywhere else combined, says Australia-headquartered firm

Inspired by Brazil's Novo Mercado, the platform would accept any listed company that voluntarily adopted its stricter corporate governance code

The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 6.66 trillion at the end of March 2023, from Rs 10.88 trillion a year ago.

Markets remained volatile during the month amid the banking crisis in the developed world, boosting trading activity

Listing and value unlocking to be the key event for RIL's stock price, says Nomura

Banking stocks outperformed in the just-concluded financial year (2022-23), with the sectoral gauge gaining 12 per cent, against a 0.6 per cent decline in the benchmark National Stock Exchange Nifty

The IPO activity was sporadic in FY23, with 25 of the 37 IPOs taking place in just three months

If the Nifty finishes in the red for the month, this will be the first time in over two decades that the index has fallen for four straight months

Board approves ASBA-like facility for secondary market, sponsor-less AMCs

An analysis shows the average return divergence between these two sectors during the past decade has been 37%

The last time India's m-cap had slipped below $3 trn was last June; at the peak, the m-cap stood at nearly $3.67 trillion in January 2022. Current m-cap is 18 per cent below the peak

Since debt MFs will now be on a par with AIFs on the taxation front, the returns on each will only be a function of yields

The gauge for the performance of banking stocks - which also happens to have the highest weighting in the benchmark Nifty50 Index - last closed at 39,395

Industry players see better synergies at India units of Swiss banking giants

Bourse says action 'non-discretionary, pre-announced'

Analysts say domestic banks' dependence on local depositors insulates them from the crisis

HDFC Bank, Singapore's GIC and Societe Generale among buyers of about 120 mn shares; analysts say Blackstone exit removes a key overhang for the Sona stock

Mark-to-market impact on Indian banks seen limited thanks to HTM provisioning

Churn is by reason of changes to weighting of existing components