On 10-January, Macquarie further downgraded the stock of Paytm from Rs.1,200 to Rs.900. At that price, the stock of Paytm would be more than 58% below the IPO issue price of Rs.2,150. Interestingly, it was Macquarie that had downgraded the Paytm stoc

In the midst of all the hawkishness in the FED statement and the minutes of the FED, global investment powerhouse Goldman Sachs has come out with extremely hawkish estimates. They have actually pencilled 4 rate hikes by the Fed in 2022. The h

Vodafone has communicated its decision to the government about converting its interest dues into equity stake to the government of India. December 31st was the deadline for the telecom companies with AGR dues to convey to the government whether they

On the 10th of January as the Nifty closed above the 18,000 mark, the overall market capitalization of the Bombay Stock Exchange crossed the Rs.274 trillion mark. Interestingly, this level was last seen on the day the Sensex peaked on 19th October.

The SEBI has approved the launch of futures & options contracts on the Nifty Mid-Cap Select Index with effect from January 24th 2022. The NSE Mid-Cap Select Index tracks the performance of a focused portfolio of 25 stocks within the Nifty Mid-Cap

The year 2021 saw the Nifty Smallcap 250 index delivering a strong return of 62 percent, two and a half times more than Nifty (24%). In this outperformance, 44 out of 250 index stocks doubled investors’ money. Analysis of Best Multibag

If early reports are to be believed, TCS is likely to consider its fourth bonus share issue when the board meets to approve the Q3 results on 12th January. In an exchange filing TCS had reported that the board would consider a buyback proposal at its

As part of the relief package for telecom companies, the government had announced 2 important changes. Firstly, it offered a moratorium on payment of Spectrum Usage Charges (SUC) and AGR charges for a period of 4 years. The second relief offered w

Adani group, which normally incubates new businesses and ideas in under Adani Enterprises, has decided to float a separate company for its renewable energy initiatives in India and abroad. The new company will be called Adani New Energy Ltd (ANIL).

The government of India has approved an outlay of Rs.12,031 crore for the second phase of the Green Energy Corridor. This is part of the commitment of the government to push renewable energy sources in India in a substantive manner. The second pha

D B Realty, a prominent real estate development company based out of Mumbai, has defaulted on its loan commitments to the tune of Rs.698 crore. This is the outstanding on the interest and principal repayment portions of the loan taken from financial

On 06th January, the bond yields (refers to the benchmark 10-year bonds) touched a 2-year high of 6.55%. The bond yields have moved up sharply in the last on year but the spike has been very pronounced in the last few weeks. What has triggered this s