S. Naren, CIO of ICICI Prudential, is increasing exposure to large-cap stocks, highlighting valuation challenges rather than macroeconomic concerns. Despite looming US tariffs, he remains cautiously optimistic, advocating for a balanced investment strategy. Overseeing more than $100 billion in assets, Naren told Bloomberg News, “India doesn’t have a macro problem—it has a valuation problem.” He…
Abhishek Integrations Limited (AIL) has surged to new heights, hitting an upper circuit and achieving a 52-week high at Rs 44.85 per share, driven by significant developments in its business operations. The company recently secured new orders valued at Rs 2.70 crore from the Airport Authority of India (AAI), boosting investor confidence and propelling the…
India, on the path to economic supremacy, has unveiled a substantial $10 billion subsidy initiative to entice major semiconductor players to establish cutting-edge chip fabrication and assembling plants within its borders. Transformative Steps: The $2.75-Billion Semiconductor Plant in Gujarat In a groundbreaking move, the United States-based chip giant, Micron, initiated the construction of a state-of-the-art…
The Indian banking system is facing a significant cash squeeze this week, driving short-term borrowing costs well above the central bank’s benchmark. As corporate India clears its advance tax obligations, the sudden outflow of funds has pushed the system from a comfortable surplus into a deficit. The Rate Spike: Breaking the Repo Ceiling Typically, the…
India is preparing for a deluge of mega listings this year that may send the value of initial public offerings soaring past 2024’s record run, even as the nation’s economy wobbles and currency faces growing strains. At least seven companies are in the pipeline to raise at least $1bn each this year, according to investment…
Elon Musk’s Starlink has taken a big step forward in India by getting a Letter of Intent (LoI) from the Department of Telecommunications (DoT) to start offering satellite internet in the country. Government sources say Starlink agreed to meet strict licensing rules and updated national security requirements. This clears the way for licenses to operate…
Domestic Bets Dominate Amid Global Trade Uncertainty As global trade risks intensify ahead of the April 2 U.S. tariff decision deadline, India’s portfolio management service (PMS) managers are reassessing their strategies. While markets initially rebounded from the steepest small- and mid-cap correction since the pandemic, momentum is fading, and investor nervousness is resurfacing. How are…
Moody’s, the renowned rating agency, reaffirmed Tata Motors’ BA3 ratings on March 6, maintaining a positive outlook amidst the company’s demerger move. Analyzing Tata Motors’ Rating Affirmation Demerger Decision and Future Outlook Tata Motors recently announced its intention to demerge its operations into two distinct listed entities, one for commercial vehicles (CVs) and the other…
The Psychology of Hedge Fund Traders Hedge fund trading is a dynamic and complex field where success depends not only on market analysis and financial acumen but also on the psychological resilience and emotional intelligence of traders. In this article, we delve into the intricate workings of the human mind in the realm of hedge…
IntroductionIn a groundbreaking move that is set to reshape the investment landscape, Rajeev Misra’s new fund has marked its first close at a staggering $7 billion and made a significant investment in the SP Group through debt. This strategic move not only showcases Misra’s visionary approach but also signals a new era of investment opportunities…
