Day: October 13, 2023

India-focused portfolio outperforms benchmarks: GREED & fearIndia-focused portfolio outperforms benchmarks: GREED & fear

GREED & fear’s India equity portfolio has outperformed the benchmark Nifty50 and the MSCI India since inception, according to the quarterly review of the long-only portfolios by Christopher Wood of Jefferies. According to the report, none of the portfolios have been allowed to own cash since inception. Further, the India portfolio has gained 26.5% on […]

Burmans bolster financial services play with ReligareBurmans bolster financial services play with Religare

The Burman family’s open offer for acquiring Religare Enterprises has brought into focus their financial services play. The promoters of consumer goods company Dabur India have been slowing acquiring stakes in financial services companies for a while now. The family with a worth of $10 billion, according to Forbes India Rich List, have a 26% […]

Manoj Vaibhav IPO subscribed 58 per cent on day two of offerManoj Vaibhav IPO subscribed 58 per cent on day two of offer

The initial public offer of Manoj Vaibhav Gems N Jewellers was subscribed 58 per cent on day two of bidding on Monday.The initial share sale received bids for 53,05,203 shares against 91,20,664 shares on offer, as per NSE data. The retail individual investors (RIIs) part received 73 per cent subscriptions while the category for non-institutional […]

Stocks To Watch: Kotak Bank, Infosys, ITC, Hindalco, Maruti Suzuki, Hero MotoCorp, Eicher MotorsStocks To Watch: Kotak Bank, Infosys, ITC, Hindalco, Maruti Suzuki, Hero MotoCorp, Eicher Motors

Stocks in focus: GIFT Nifty traded 0.03% higher during Monday’s early trading session at 19,553, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Friday, the Sensex closed above the 65,300 mark, while the Nifty topped 19,400 by close. Sectors like metals, energy, automotive, and banking all saw gains, whereas […]