EQUITY

stock markets

Stock markets on a COVID booster dose

Even as the Indian economy gradually opens up, there has been a constant rise in daily COVID cases with the number now touching 1 lakh/day in India from ~60,000/day last month. This is in contrast to the global scenario which has seen a decrease in numbers over the last month. Thus India currently lies in …

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COVID count

COVID count on the rise

Although the Indian economy has gradually opened up over the last couple of months, there has been a constant rise in daily COVID cases with the number now touching 30,000/day in India. This is in contrast to the global scenario which has seen a decrease in numbers over the last month. In addition there has …

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Additional Tier 1 Capital

Additional Tier 1 Capital in Indian Banks

As part of the restructuring plan for Yes Bank, the RBI announced that the instruments qualifying as additional tier-1 capital (AT1), issued by Yes Bank under Basel-III framework, shall stand written down permanently, in full, with effect from the appointed date. This is for the first time in the history of the Indian banking sector …

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budget 2020-21

Union Budget 2020-21- High expectations

The Union Budget 2020-21 was presented on 1st February 2020 amidst a very challenging economic environment. Although it was not acknowledged explicitly, the budget appears to have realized the fiscal limits. Not surprisingly then, it did not excite the market, where expectations were running very high. There were evidently a lot of expectations from the …

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Aegis Logistics

Aegis Logistics Ltd – Transporting Energy

Aegis Logistics Ltd (Aegis) is a leader in oil and gas logistics. The services provided by the company include sourcing of product, storage and port operations, arranging road and pipeline movement, shipping, and integrated supply chain management. The Company also charges its customers for using various other facilities like jetty operations, loading and unloading. Aegis …

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Affle India

Affle India Ltd- Online Advertising

Affle(India) Ltd (Affle), founded in 2006, is an ad tech company that helps advertisers drive user acquisition, improve engagement and increase the frequency of transactions through mobile advertising using its proprietary consumer platform.  Key investors include Microsoft, D2C, Itochu, Bennett Coleman & Co. Ltd. & Centurion. Affle launched its IPO end of July & got …

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economic slowdown

Markets hit peak but economic slowdown persists

Stock market Index- NIFTY/SENSEX hit all-time highs over the last month, though the broader markets remain significantly lower. Sensex moved above 40,000 while NIFTY scaled above 12,000 levels partly driven by strong FII flows. September quarter results have been declared over the last month & profits have mostly been on the higher side driven by …

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samvat 2076

SAMVAT 2076-Looking for light at the end of the tunnel

I hope that the new SAMVAT, 2076 turns out to be a very prosperous year for all of us and keeps the market momentum going The festival of lights “Deepavali” will mark the beginning of the trading new year-SAMVAT 2076, with the auspicious Muhurat trading session scheduled to be conducted on 27th October 2019 from …

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