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Retail investors’ ownership in the market stood at 7.23 per cent in December 2022, marginally down from 7.34 per cent in September 2022. But in rupee terms, the same increased to ₹19.94 lakh crore from ₹19.48 lakh crore in the previous quarter, registering an increase of 2.35 per cent. In September 2022, the share was […]
Retail investors are piling into small-cap firms that employ artificial intelligence amid intensifying competition between tech titans Google parent Alphabet and Microsoft to secure leadership in the next big driver of growth. The viral success of ChatGPT has turned the spotlight on AI on Wall Street, reminiscent of the blockchain hype from a few years […]
Amateur trader Omar Ghias says he amassed roughly $1.5 million as stocks surged during the early part of the pandemic, gripped by a speculative fervor that cascaded across all markets. Source link
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Accusations, clarifications, and counter accusations have flown left, right, and centre. And through it all, the follow on public offer (FPO) of Adani Enterprises has been fully subscribed. It would seem the storm has passed. But even so, the shock this incident has created will live in the minds of retail investors for a long […]
Adani Enterprises (AEL), flagship of the Adani Group,on Wednesday raised ₹5984.9 crore from 33 foreign and domestic institutional investors including the likes of Singapore based Maybank Securities Pte Ltd, insurance behemoth LIC, SBI Employees Pension Fund, SBI Life Insurance Co, HDFC Life Insurance Co, Abu-Dhabi-based sovereign wealth fund ADIA, Goldman Sachs Investment and Morgan Stanley […]
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Thanks to net equity inflows via mutual funds hitting ₹1.54 trillion, up 59% from 2021, the Nifty staged an impressive recovery from a 52-week low of 15183.4 around mid-June through a record high of 18887.6 on 1 December, a near 25% spike. Against this, the Dow Jones currently trades almost 10% below its record high. […]
As per NSDL data, year-to-date, foreign portfolio investors (FPIs) have broadly been net sellers in Indian equities despite substantial buyings recorded in the second half of the current year. Overall, FPIs outflow in the equities market is around ₹1,21,642 crore from January 1st to December 27th, 2022. Meanwhile, as per Stock Edge data, foreign institutional […]
Surging to record high levels this week, the benchmark BSE Sensex had jumped 2,139 points or 3.49% in the past eight days whereas the NSE Nifty 50 rose 3.6% over the last eight sessions, boosted by expectations of smaller rate hikes by the Fed from its December policy meeting. The Nifty Midcap 100 outperformed its […]
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MUMBAI : The non -retail portion of the offer for sale by the Specified Undertaking of the Unit Trust of India (SUUTI) was subscribed 1.16 times , indicating strong demand by institutions . Total bids came in at 48.5 mn against the offer size of 41.88 mn , at an indicative or cut off price […]
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Mumbai: Shares of Axis Bank traded 3.14% lower on the first day of the government’s offer-for-sale (OFS) of 1.55% stake in the lender via Specified Undertaking of the Unit Trust of India (SUUTI). Axis Bank was currently around ₹846 apiece against its previous close of ₹874. The delivery to traded volume stood at 65% with […]
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