India’s financial markets, a notable shift has occurred in the realm of initial public offerings (IPOs). After a period of heightened activity throughout 2024, the past three weeks have seen a conspicuous absence of new listings on the main bourses. This slowdown is intricately linked to a correction in the secondary market, prompting both companies
In the wake of recent market corrections, seasoned financial expert Deven Choksey, Managing Director of DRChoksey FinServ Pvt. Ltd., offers a nuanced perspective on investment strategies, particularly emphasizing the resilience of the defence and railway sectors. Choksey underscores that the foundational strengths of companies within these industries remain robust, presenting potential opportunities for discerning investors.
Indian stock market has experienced a notable correction, with the Nifty index witnessing a consecutive decline over five months—a phenomenon not observed in the past two decades. This downturn, amounting to a 10-15% reduction, is perceived by market experts as a natural and expected adjustment following an unprecedented nine-year bullish run. Mihir Vora, Chief Investment
The third-quarter earnings season progresses, a significant number of companies are poised to disclose their financial performances today. Among the 298 firms scheduled to report, notable names include FSN E-Commerce Ventures, known for its brand Nykaa, and Grasim Industries. Investors and analysts are keenly observing these announcements to gauge the economic landscape and individual corporate
Bharat Heavy Electricals Limited (BHEL), a prominent state-owned engineering and manufacturing enterprise in India, has recently achieved significant milestones by securing substantial contracts aimed at enhancing the nation’s power infrastructure. These developments underscore BHEL’s pivotal role in advancing India’s energy sector. The Maharashtra State Power Generation Company Limited (Mahagenco) has given BHEL a contract worth
The global financial markets have been thrown into a state of uncertainty as tensions over trade policies and geopolitical conflicts continue to escalate. The recent sell-off in U.S. markets, particularly the Dow Jones Industrial Average, the S&P 500, and the Nasdaq, has sent shockwaves through the investment world. Investors are grappling with the fallout of
