The six IPOs opening on September 9 are Rentomojo, Asset Reconstruction Company (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering. India’s primary market is set for one of its most crowded weeks, with six mainboard initial public offerings (IPOs) scheduled to open for subscription on September 9. The last time…
In the large-cap segment, funds attracted net inflows of ₹2,067.48 crore in June, up from ₹1,592.93 crore in May. Funds were net buyers of 56 per cent of the Nifty 50 stocks. Mutual fund stock picks: As investors poured more money into mutual funds, wealth managers stepped up purchases of stocks, particularly in private…
Analysts at Ambit Capital expect Iran war to slow bank credit growth to 10-12 per cent in bear case scenario, pressure margins, and cap liquidity. It prefers private bank stocks like HDFC & ICICI Bank The Iran conflict could cast a shadow on India’s banking sector outlook, warned analysts at Ambit Capital, with a prolonged…