The Indian equity market has seen a significant downturn since its peak in September 2024 due to FII outflows, rising US yields, and a strengthening dollar. Coupled with Indias slowing economic growth, investor sentiment has weakened, prompting strategies for diversification and cautious investment re-entry.
French President Macron discussed with Ukrainian President Zelenskyy the possibility of Trump convincing Putin to halt aggression in Ukraine. Macron emphasized that Ukrainians should lead peace talks. Zelenskyy stressed the need for a joint US-Europe strategy for just peace. Trump and Putin agreed to start negotiations to end the Ukraine conflict.
Out of the 938 stocks in the BSE Smallcap index analysed by ETMarkets, 909 stocks ended the week in the red with the highest fall of 41% witnessed in NGL Fine-Chem.
Food subsidy expenditure forms over 50% of India's total subsidy spending in FY 2024-25, with Rs 1.64 lakh crore allocated for April-December 2024, up from the previous year. Fertilizer subsidy spending decreased slightly to Rs 1.36 lakh crore. Non-debt capital receipts declined, and FDI inflows weakened, highlighting revenue collection challenges and increased foreign investor outflows.
Ashi Anand, CEO of IME Capital, highlights the overvaluation in smallcaps and recent correction. Despite a 20% fall, valuations remain high. Anand suggests a long-term perspective for buying opportunities. Tariffs by Trump may impact IT and pharma sectors, but exact outcomes remain uncertain.
Three men abducted from Kibbutz Nir Oz during the Oct. 7 attack are set to be released. Among them are Iair Horn, Sagui Dekel Chen, and Alexander Troufanov. Simultaneously, Palestinian prisoner Ahmed Barghouti, sentenced to life for his role during the Second Intifada, is also among those to be freed.
Mahindra Lifespaces plans to raise up to Rs 1,500 crore through a rights issue to support debt reduction and growth. The board approved the plan to benefit eligible shareholders. Despite a net loss of Rs 22.47 crore in the December 2024 quarter compared to a profit the previous year, revenue increased significantly, while expenses also rose.
According to listing information, Daleys condo was completely renovated in 2016 and has a marble foyer, two coat closets and east and west facing terraces.
Even whatever rally we have got, that being met with a sell-off. Even if we look at the instance of the last two days, we tested the January low with some buying interest; however, this subsequent rise, we witnessed this subsequent rise quickly dissipated and indicating a lack of sustained momentum
Six mutual fund houses saw decline in assets under management by over Rs 3,000 crore in January. Out of 44 fund houses, around 24 witnessed outflows (Source: ACE MF)
