Podcasts about national stock exchange

Dame Julia Hoggett is the CEO of the London Stock Exchange. Julia previously worked at the UK's Financial Conduct Authority as Director of Market Oversight and Head of Wholesale Banking Supervision. In Today's Episode We Discuss: 04:25 How to Become CEO of a National Stock Exchange 05:36 Why The Domestic Economy is F***** Despite the Boom in Financial Services 06:45 How Pension Fund Reform Dmaaged the UK Economy 09:31 Should the UK Copy the Canadian Pension Fund Structure 16:30 Will the Best Companies Like Revolut and Monzo List in London 24:17 Why Are Revolut Wrong to Want to List in the US 27:32 Are Companies Priced Lower in the UK vs US 32:05 Why is Stamp Duty a Perversity We Have to Change 35:46 Why is the Way the UK Thinks About Financial Services So Wrong 40:31 Quick Fire Round: Insights and Reflections  

National Stock Exchange of Australia CEO Max Cunningham talked with Proactive's Angela Harmantas from the PDAC conference in Toronto about the exchange's role in the Australian market, its focus on mining companies, and its expansion plans. Cunningham explained that the NSX is one of two active stock exchanges in Australia with a tier-one license, allowing it to serve all investors, including retail. He highlighted that around one-third of the exchange's listings are mining-related, with strong growth potential in the sector. Cunningham noted that NSX is working to fill a gap in the Australian venture market and is focusing on attracting mining companies, especially from regions like Perth. He also emphasized the importance of international relationships, mentioning cross-listing agreements with Canadian exchanges such as the CSE and TSX, as well as OTC Markets. Looking ahead to 2025, Cunningham discussed the challenges of IPOs due to regulatory hurdles and capital-raising difficulties. Instead, the NSX is prioritizing direct listings, which allow companies to go public without raising capital upfront. He stated that NSX is seeing increased interest from firms moving from the incumbent Australian exchange, as well as from Canadian companies seeking dual listings. #NSX #StockMarket #MiningStocks #IPOs #DirectListings #PDAC2025 #Investing #AustralianMarkets #DualListings #CapitalMarkets

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, October 31, 2024. This is Nelson John, wishing you a very happy Diwali. As we step into Samvat 2081, speculation is rife about whether the Sensex can breach the 100,000 mark by March 2025. A Mint survey, reported by Mayur Bhalerao, reveals a split verdict among analysts: about half expect it to reach the milestone, driven by robust corporate earnings and steady foreign inflows, while others remain cautious, citing global uncertainties. Market volatility is now the new normal, with most experts anticipating a turbulent stretch ahead—marked by a potential correction followed by a gradual recovery toward the year-end. All eyes are on the US Federal Reserve, with many expecting a rate cut in December, which could provide a timely lift to Indian markets. Diwali brings a unique tradition to India's stock market with Muhurat Trading, where the National Stock Exchange and the BSE will light up for a special one-hour session from 6-7 pm this Friday. This auspicious hour marks the start of the Hindu calendar year, Samvat 2081. Since last Diwali, the Nifty 50 has surged 25%, buoyed by strong GDP growth, robust corporate earnings, and plentiful liquidity. Which sectors have beaten the benchmark, which stocks have been the winners and laggards, and what can investors expect in the medium term? Abhinaba Saha brings a recap of Samvat 2080. Europe's largest paint maker is planning to exit its India business. Anirudh Laskar reports that Akzo Nobel is eyeing a ₹25,000 crore valuation for the sale, with Citigroup managing the transaction. Among the potential bidders are Adani, Aditya Birla, JSW, and Asian Paints. While Asian Paints already owns a 4% stake in Akzo Nobel's Indian arm, any acquisition bid may attract regulatory scrutiny, given its dominant position in the market. India is positioning itself as the next hub for artificial intelligence. Major players like Nvidia and Meta have already set up operations and are optimistic about India's role in shaping the AI landscape. However, the government's push for indigenous development presents both challenges and opportunities for global firms. Leslie D'monte writes that initiatives like Viksit Bharat offer tech giants a platform to collaborate with local companies, fostering research and job creation. High-profile visits from tech leaders reflect this growing momentum, while Indian firms are also making strides with localised AI models. In India, where privacy is a coveted luxury, the hotel industry is evolving to cater to the ultra-wealthy. A prime example is Arq by The Leela—a collection of exclusive villas that debuted in Udaipur this month, offering unparalleled seclusion. Despite its premium pricing, demand for these opulent stays remains strong. The luxury travel sector has seen a robust post-pandemic revival, with India's spending on luxury travel hitting $10 billion in 2022. High-end properties are driving this growth, with 39% of the country's branded hotel rooms classified as upscale or luxury, reports Varuni Khosla.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, October 30, 2024. My name is Nelson John. Let's get started. As Sebi comes down hard on futures and options trading, the National Stock Exchange is seeing fewer trades. Turnover and trades on the NSE have hit a six-month low. Ram Sahgal writes that average daily turnover fell nearly 12% to ₹1.07 trillion in October, with only 734.3 million trades taking place. Market experts said that Sebi's incoming clampdown on F&O trading is the main reason for the decline. Additionally, increased selling by foreign investors has contributed to a pessimistic market sentiment. Swiggy is gearing up to “deliver” an IPO in early November. The quick commerce company is eyeing a valuation of $11.3 billion with a price band of ₹371-390 p er share. The IPO spells huge gains for Swiggy's early backers like Accel, Apoletto, and Elevation Capital, with returns possibly soaring up to 35 times their initial investments, reports Priyamvada C. The IPO will be a mix of ₹4,499 crore in fresh issues and a secondary sale of 175.1 million shares. Swiggy is looking to expand its quick commerce arm, Instamart, and scale up its network of dark stores. As Swiggy steps into the public market, it's set against the backdrop of its rival Zomato's recent profitability and booming market cap.  Bharti Airtel recently announced a unique CEO transition plan with a 14-month wait before the new chief takes the helm on January 1, 2026. This prolonged handover period raises questions: What's the ideal CEO transition time? Shelley Singh tackles that question in today's Primer. Traditionally, CEO transitions can vary. For instance, Starbucks and Boeing witnessed rapid transitions due to performance crises, with new CEOs stepping in within a month. However, planned transitions generally allow six months to a year for a new CEO to settle in, providing clarity on a company's direction to investors and employees.  India and Canada are at loggerheads. Diplomatic tensions between the two nations have affected geopolitics and harmed their trade. Previously on an upward trajectory, trade has dropped from last year's total to $3.38 billion in the first five months of this fiscal year. India's imports from Canada and exports both saw minor reductions, contributing to a widening trade deficit, reports Rhik Kundu. This slowdown in trade comes at a time when global trade is generally muted due to economic slowdowns in major economies and geopolitical tensions.  It's tough to grow out of your parent company's shadow. Peak XV (pronounced fifteen) Partners is experiencing just that. The venture capital firm is experiencing a decline in brand value since it was hived off from global brand Sequoia last year. Shelley Singh writes that despite inheriting assets worth $9.2 billion, Peak XV  recently announced a reduction of 16% in its growth fund. It also reduced its management fees, reflecting a diminished brand prestige. Its leaders assert that such a move is necessary to remain competitive, and maintain that the firm's image and economics are still unparalleled. 

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, October 17, 2024. My name is Nelson John. Let's get started.Indian stock markets declined for the second straight session on Wednesday, with the benchmark Sensex shedding 319 points, or 0.39 per cent, and the Nifty 50 slipping 86 points, or 0.34 per cent.In the past three months, several films have been re-released in theatres, driving higher footfalls and occupancy rates for PVR Inox, India's largest cinema chain. Abhinaba Saha reports that re-releases now account for 6 per cent of the chain's total footfalls. PVR Inox plans to continue this strategy in the coming quarters, with upcoming blockbusters like Singham Again and Pushpa 2 expected to further boost its business and, consequently, its stock performance.Over the past two decades, Bandra Kurla Complex (BKC) has emerged as Mumbai's premier business hub, housing giants like the National Stock Exchange, Sebi, ICICI Bank, and Facebook. However, available office space in BKC is now scarce, with vacancy rates hovering at just 3-4%. Khushi Malhotra reports that the intense demand for office space has driven businesses to explore nearby areas such as Kalina, Kurla, Worli, and Lower Parel. Yet, with many projects in these locations still years from completion, companies seeking grade-A offices face a prolonged wait.How much does bhujia cost? According to Haldiram's, about 10 billion dollars. The leading snack maker initially explored a majority sale, but is now eyeing a smaller stake sale, Sneha Shah reports. Despite the shift, investors like Bain Capital, Blackstone, and Temasek Holdings remain interested, eager to tap into India's booming snacks market, which is projected to double by 2032. With its status as a profitable market leader and a potential IPO candidate, Haldiram's presents a compelling investment opportunity, Sneha adds.The Indian rupee hit a record low of 84.07 against the US dollar this week, marking a depreciation of over 9% since April 2022—far exceeding the typical 3% annual decline. The slide is attributed to foreign institutional investors pulling out around $8 billion this month, dampening demand for the rupee. With global markets in flux and geopolitical tensions—such as the Israel-Iran conflict and the ongoing Russia-Ukraine war—adding pressure, experts anticipate further depreciation, possibly touching 84.20. Sumant Banerji breaks down how the weakening rupee impacts both you and the broader economy.Pratilipi, the platform for long-form regional stories, hit a major milestone in July 2024 by turning cash-flow positive. Founded in 2014, with backing from big names like Tencent and Nexus Ventures, Pratilipi saw its revenue jump 66% to ₹58 crore last year, while it managed to slash its losses by 62%. In a market where many content platforms have struggled or shut down, Pratilipi's focus on in-depth storytelling in Indian languages has set it apart. While others chased short videos and social media trends, Pratilipi remained true to its core—delivering engaging narratives across 12 regional languages. The platform's success comes from its loyal reader base, mostly women aged 18-35, and a commitment to its authors, offering workshops and fellowships to support their work. Shadma Shaikh delves into how the platform scripted a rare hit.    PVR Inox re-release bet pays off in Q2, more in the pipeline With BKC packed, Mumbai hunts for its new business districtHaldiram deal turns into a minority stake saleMint Primer | Rupee's big fall: How much lower can it go?How storytelling platform Pratilipi scripted a rare hit

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, 23 August 2024. My name is Nelson John. Let's get started. Indian equity benchmark index, the Nifty, extended its winning streak to six consecutive sessions on Thursday, rising by 0.17 per cent. BSE's Sensex too saw a surge of 0.18 per cent at the end of the trading session.  Zomato is making strides by entering another duopoly market. It already competes with Swiggy in the food delivery market, and now it is entering entertainment and ticketing, dominated by BookMyShow. The company is planning to acquire Paytm's ticketing business and rebrand it as a separate entity called ‘District'. Zomato will acquire the business for a little over 2,000 crore rupees. However, launching District as a separate app could pose challenges in user convenience and operational costs, Mint's startup correspondents Priyamvada C and Sowmya Ramasabramanian explain. Despite these potential hurdles, analysts are optimistic, predicting significant revenue growth for Zomato through this expansion.Ronnie Screwvala's Swades Foundation has stirred up interest in social stock exchanges or SSEs by raising 10 crore rupees on the National Stock Exchange's SSE. This move has other non-profits curious, but the complex compliance requirements are a bit of a deterrent. Since the concept launched in early 2023, just a handful of NGOs have actually raised funds through SSEs. Introduced in India in 2019, SSEs are designed to help non-profits raise funds transparently, hoping to draw individual donors and build trust. Mint's Sneha Shah and Nehal Chaliawala write that allthough there's potential for SSEs to make fundraising more accessible, experts caution that they may not offer significant advantages over existing channels like crowdfunding. Prime Minister Narendra Modi's recent trip to Ukraine marks a significant stride in India's foreign policy, especially following his visit to Russia. The move showcases the fact that the country can maintain ties with both Russia and Ukraine while navigating its relationships with Western allies like the US. Modi's visit—the first by an Indian prime minister since diplomatic ties were established 30 years ago—aims to enhance relations in sectors like agriculture, infrastructure, and education, among others. Shweta Singh, associate professor at the department of international relations, South Asian University, explains the significance of the PM's trip to the war-torn Eastern European nation.Get ready for a government-owned OTT platform. Prasar Bharati, India's public broadcaster, is diving into the crowded digital scene with its own OTT platform. This new venture aims to feature content from private broadcasters and indie creators, potentially expanding streaming access, especially in rural areas, Mint's entertainment and media correspondent Lata Jha reports. Yet, it faces stiff competition from giants like Netflix and Amazon Prime Video, not to mention the free content powerhouse, YouTube. While the platform may initially focus on news and movies—areas with fewer digital rights headaches—luring fresh content could be tough. Prasar Bharati will need to navigate these waters carefully, possibly leveraging its niche to attract viewers who aren't the primary target for mainstream OTT platforms. Korean esports giant Krafton just kicked off a major gaming tournament in India, the Battlegrounds Mobile India Pro Series 2024, with a juicy 2 crore rupees prize pool. Exciting times, right? But here's the twist: despite the hype, many pro gamers in India are struggling to make money off their gameplay and social media. Mint's Shouvik Das and Pratishtha Bagai write that unlike in the West, where gamers make bank by streaming on platforms like YouTube and Twitch, Indian gamers are hitting roadblocks with monetization. The scene here is pretty new, and most of the audience is quite young, which complicates things. However, there's a silver lining—industry experts believe that as today's young gamers grow up and start calling the shots, they'll pump up the esports economy.   Show notes:Mint Explainer: Zomato's Paytm deal and its big bet on entertainmentNGOs eye social stock exchanges, but compliance barriers remainMint Primer | PM Modi in Ukraine: Can India play a role in ending the war?Prasar Bharati's OTT ambition: Can it compete in a crowded market?Indian gaming influencers reach for the stars, but it's tricky

The $1.000 challenge is up 284% so far as we are getting very close to the $4.000 threshold. While the bet still is on NIO, additional possible gainers are mentioned in this week's; "Trading tips with Jim". New in this week's podcast is also a quick look at the National Stock Exchange of India, where Barthi Hexacom (BHARTIHEXA.NS) and Crompton Greaves Consumer Electricals (CROMPTON) seem to have some potential in the forthcoming trading week. This and much more in this weeks exclusive Stockinvest.us podcast; Trading Tips With Jim

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, July 4, 2024. My name is Nelson John. Let's get started:Indian stock market benchmark indices Sensex and the Nifty hit fresh highs on Wednesday. The Sensex breached the coveted 80,000 landmark, while the Nifty scaled its fresh peak of 24,309 points. The Sensex finally ended the day 0.69 per cent higher, while the Nifty closed 0.67 per cent higher.A new player has entered India's investment game - and it's not a new company or a new investor. It's an entire generation of Indians. GenZ now makes up 40 per cent of the 95 million registered users on the National Stock Exchange. This marks a substantial increase from the 22-23% share before the pandemic. Mint's Ram Sahgal and Sneha Shah spoke to industry insiders to report on the changing demographics of Indian investors. Dhiraj Relli, MD & CEO of HDFC Securities, notes that this age group tends to favour short-term gains through index options and intraday trading rather than long-term investment strategies. This trend is reflected in the overall dynamics of the NSE's investor base, where the median age has dropped from 38 in FY18 to 32. When Uttar Pradesh reported higher GST collections than Tamil Nadu for April, it stirred discussions about potential shifts in economic performance between the states. However, this occurrence seems more like a statistical outlier rather than a trend, as Tamil Nadu quickly regained the lead in May. Over the past six years, Tamil Nadu's gap in GST collection over Uttar Pradesh has actually widened from 13% to 16%. When GST was rolled out in 2017, there was a theory that it might benefit larger but economically weaker states due to their higher population and consumption. But the numbers tell a different story. Despite their large populations, states like Uttar Pradesh and Bihar haven't seen the surge in collections many expected. In contrast, Maharashtra, another populous state but with a stronger economic base, has consistently outperformed in GST collections. Our partners at howindialives.com report on this scenario that challenges the simplistic equation that a bigger population equals higher GST revenue.The price of onions has always been a pain point for parties when it comes to electoral politics. Historically, soaring onion prices have influenced voter behaviour. The looming shadow of another onion price hike is causing the Indian government to take preemptive measures to avoid a repeat of last year's crisis when skyrocketing prices hit consumers hard. Despite a good harvest, fewer onion-laden trucks are rolling into the country's largest vegetable market—Delhi's Azadpur mandi. This raises concerns about a potential price rise. This decrease in supply has not yet reached alarming levels, but it's enough to make the government cautious. Mint's Puja Das reports that the government is considering requiring traders to declare their stocks and possibly imposing stock limits if the situation does not improve. This issue is particularly sensitive as several state elections are on the horizon.Top Chinese smartphone brands Vivo, Oppo, and Xiaomi are exploring partnerships with Indian companies to manufacture and distribute their products locally. This follows previous attempts to create joint ventures with Indian entities, but those didn't progress as planned. The discussions have evolved as large Indian conglomerates including the Tata Group, Reliance Industries, and Dixon Technologies have showed interest in setting up their own manufacturing operations rather than taking a majority stake in these Chinese firms. Mint's telecom correspondent Gulveen Aulakh along with Shouvik Das report on developments that come amid ongoing investigations by India's Enforcement Directorate into allegations of tax evasion by the Chinese companies, totaling around ₹9,000 crore. This scrutiny has made potential Indian partners wary of associating closely with these brands despite the mutual benefits a partnership could bring.In Bengaluru's Embassy Manyata Business Park, a 15-year-old Rosewood building has been extensively renovated to meet modern office standards. This 250,000 square foot structure now features a modern design with a double-glazed glass façade, updated elevators, and new interior finishes. It's part of a broader upgrade within the park, which also includes new premium dining options, enhancing the park's appeal to the 125,000 employees who work out of its office buildings. The renovation reflects a wider trend towards high-quality office spaces that combine functionality with luxury, aiming to attract top tenants and cater to a young workforce. Such spaces command a higher rental premium due to their enhanced amenities and design that prioritise employee experience and comfort. This shift is driven by companies' focus on retaining talent and making offices more appealing places to work. Mint's Madhurima Nandy takes a detailed look.We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance. Show notes:GenZ's share of investors on NSE doubles as young turks charge at the marketsUttar Pradesh tops Tamil Nadu in GST collection: Myth and realityNow, Centre mulls stock declaration for onions, imposing stock limitChinese smartphone makers looking for Indian partners for manufacturingStill working from home? These offices just might lure you back

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, June 19, 2024. My name is Nelson John. Let's get started:The Indian stock market's record-breaking spree continued as key equity indices—the Sensex and the Nifty 50—settled at their fresh record highs on Tuesday. The Sensex closed up by 308 points, gaining 0.40 per cent. The Nifty gained 0.39 per cent at the close. A severe heatwave has been lashing parts of North and East India for weeks now. Daytime temperatures have perpetually been above 45°C, affecting Indians' daily lives. The recently concluded general election was notably impacted by the heat, with voters in 19 states enduring dangerous 'heat stress' during polling. A recent analysis by Respirer Living Sciences highlighted that during the last three phases of the election, over 70% of the constituencies experienced significant heat stress. The long-term effects of these rising temperatures are evident. Even areas traditionally unaffected by severe heat, like Jammu and Kashmir, Himachal Pradesh, and Uttarakhand, recorded multiple heatwave days this year. This year alone, heat-related illnesses have been deadly, and discrepancies in government-reported data on heatwave-related deaths have raised concerns. As the country continues to face record-breaking temperatures, the electricity demand has surged, hitting a five-year high in June. Mint's Manjul Paul explains through charts how the harsh effects of the heatwave have deepened the misery of millions of Indians. Click on the links in show notes to read the stories featured in today's podcast. India Inc is calling for a significant increase in government capital expenditure. Confederation of Indian Industry (CII) president Sanjiv Puri argues for a 25% rise from the ₹11.11 trillion set in the 2024-25 interim budget for 2024-25. The proposed increase would cost an additional ₹2.78 trillion, raising capex to 4.25% of GDP. This demand is aimed at bolstering the rural sector, which has not fully recovered from the pandemic's impact. This demand is somewhat unexpected, given that other economic drivers like government spending, private consumption, and exports have improved. However, private investment has lagged despite significant corporate tax cuts since 2019. So how will this demand affect fiscal consolidation? And will the government heed the call by India Inc? Mint's senior editor N Madhavan tackles these questions in today's Mint primer. In Bengaluru, top tech companies like Cognizant, Infosys, and Wipro have seen their office spaces shrink over the past year, reflecting broader changes in the industry. Collectively, these firms ended the previous financial year with a collective 103.2 million sq.ft., a decrease of 3.7% from 107.25 million sq.ft. in FY23. This downsizing has helped bolster profitability amid concerns about the future role of these companies as major employers and leasers of extensive office areas. The contraction in the physical presence of these companies occurs against a backdrop of sluggish growth in the $254 billion Indian IT services sector, Mint's IT correspondent Varun Sood reports. The industry reported its weakest-ever dollar revenue growth of 3.8% in the fiscal year 2024. This year, the NEET results stirred significant controversy, revealing a major issue in the exam's handling. On the day the results were released, Alakh Pandey of Physics Wallah was engrossed in tallying NEET scores, noticing alarming discrepancies. Saurabh Pant of Sri Gosalites Medical Academy and concerned parents expressed shock at the unusually high scores. A staggering 67 students scored the maximum of 720 points, many from a single centre in Haryana, raising suspicions of potential misconduct. This anomaly led to widespread concern among students and parents, with many taking to social media and planning legal action to address the perceived injustices. The uproar centered around the inconsistency in scores and alleged issues at the testing centers, including delayed start times that led to the distribution of grace marks. The situation escalated as more individuals demanded a re-examination and a thorough investigation into the handling of NEET, emphasising the need for transparency and fairness in the examination process. Mint's careers correspondent Devina Sengupta, along with legal reporter Krishna Yadav, takes a look at the key figures driving the widespread protests against the alleged discrepancies and injustices surrounding the NEET examinations.Retail investor activity on the National Stock Exchange saw a significant uptick on the day of the Lok Sabha election results. This surge in buying brought their total investments for the first two-and-a-half months of this fiscal year close to the totals for each of the previous two fiscal years. Mint's markets correspondents Ram Sahgal and Sneha Shah report that this change suggests a shift in investment behaviour. On June 4, as the BJP failed to secure a clear majority, causing the Nifty to drop by 8.5%, retail investors bought shares worth more than 21 thousand crore rupees. This large purchase accounted for almost half of their total investments of 46,383 crore rupees up to June 14. In contrast, Foreign Institutional Investors and mutual funds combined sold off shares worth almost 19 thousand crore rupees. We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance. Show notes:Polls, deaths, and loaded power lines: India's summer misery deepensIs India Inc.'s call for more public capex justified?Why office space is shrinking at Cognizant, Infosys and WiproNEET fiasco: Meet the heroes behind the massive protestsRetail buying on 4 June pushes F25 buys to levels seen in whole of F24

India has recently become the world's most populous country overtaking China and is projected to become the world's third largest global economy by 2027.Gargi Pal Chaudhuri, Chief Investment and portfolio strategists for the Americas at BlackRock and Tara Iyer, Chief US macro strategist for the BlackRock Investment Institute join host Oscar Pulido to uncover the various factors that are driving India's growth and what hurdles may yet lie ahead for investors.Sources: “Mapping India's growth story to mega forces”, BlackRock Investment Institute, January 2024; “Insight on India, the world's fastest-growing major economy”, iShares market insights April 2024; IMF World Economic Outlook, Jan. 2024; BlackRock, Morningstar as of 12/31/2023; National Stock Exchange of India, BSE as of Dec. 31, 2023See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to a new episode of the European VC Podcast! Today, we are very excited to introduce you to Sumer Juneja, the Managing Partner of SoftBank Investment Advisors in Europe.For those of you who don't know, SoftBank is the GP of the Vision Fund that we all know about.SoftBank has an AUM of $147B across all funds, has made around 60 investments in Europe so far, and has allocated $13B in total here. In their current portfolio, you can find companies like Revolut, Klarna, eToro, or BytdeDance.Sumer has been investing since 2006. Before SoftBank, Sumer was a Partner at Norwest Venture Partners, focusing on growth equity and venture investments in Indian companies across various sectors. He has led and successfully exited multiple investments, including Swiggy, Indusind Bank, Shriram City Union Finance, Cholamandalam Finance, and National Stock Exchange.At SoftBank, Sumer is covering the EMEA region and India, and today we'll talk about things like:Europe vs. India - and how each market is differentWhy Sumersh joined Softbank, and his view on fundraising.How does investing in Europe look for SoftBank?… and more that we invite you to discover below.Chapters:04:06 Sumer's Journey into Venture Capital05:49 The Importance of Mentorship in Career Growth08:52 Joining SoftBank: A Game-Changing Decision11:43 SoftBank's Investment Strategy15:54 Comparing Venture Dynamics: India vs. Europe22:45 The European Exit Environment26:46 Lessons from Success and Failure in VC40:29 SoftBank's Success in India42:35 The Importance of Having Your Feet on the Ground43:15 SoftBank's Organizational Structure in Europe and India46:45 Building Relationships with VCs53:44 Evaluating Founders and CEOs57:49 Case Study: Swiggy's Success in India01:03:42 Challenges of Scaling Across Regions01:04:23 Balancing Work and Family Life01:12:20 Key Learnings and Advice for Emerging Managers

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, April 12, 2024. My name is Nelson John. Let's get started:Indian markets ended Thursday on a robust note with the benchmark indices Nifty and Sensex both ending the day in the green. Touching an all time high of 22,775 points, Nifty closed just 22 points below it, up 0.49 per cent from its previous close. Sensex too closed on a higher note, up 0.47 per cent from its previous close. Equity trading at record levels, which has been going on for some months now, may soon hit its peak. Fresh data from the National Stock Exchange shows that retail investors as well as high net-worth investors have turned bearish on index futures amid rising geopolitical tensions in the Middle East. This group of investors became net sellers of more than 16,000 Nifty and Bank Nifty futures contracts, after the NSE index hit a fresh high on Thursday. Mint's markets correspondent Ram Sahgal reports on the significant shift in sentiment from this group of investors. This comes after 84 days of bullish stance from the group of investors referred to as ‘Client' by the NSE. Historically, the positioning of clients in index futures has been a reliable indicator of market tops or bottoms. When these positions turn light or negative, it often signals a market peak, while a substantial increase in bets typically indicates a market bottom.Generative AI - buzzword of the decade - is still a concept people are trying hard to grasp. It is important that people understand what generative artificial intelligence is. But it is even more crucial for lawmakers of the world to have a good understanding of the concept because laws around Gen AI will shape the technology's future. One such law that could prove to be crucial for AI's future has been tabled in the US Congress. The proposed “Generative AI Copyright Disclosure Act, 2024”, introduced by US Congressman Adam Schiff, addresses growing concerns over the fair use of copyrighted materials in the development of AI models. So what does the bill propose to do? This bill mandates that tech firms like OpenAI, Microsoft, Google, and Meta, which have developed large AI models trained on vast amounts of data, disclose the use of any copyrighted data in their training datasets. So what does the bill mean for innovation in AI? If passed, will it set a precedent? Will AI models be able to train themselves on copyrighted work? Mint's Shouvik Das tackles these questions in today's Primer. It hasn't been smooth sailing lately for Tata Group's Vistara. The airline has been seeing some turbulence after it had to ground 30 to 50 flights a day with pilots calling in sick as a protest against an imminent cut in their salaries. The carrier even blamed botched up rostering for the delays and cancellations. Now the airline's CEO, Vinod Kannan, has addressed the airline's recent operational challenges in a reassuring message to employees. Kannan emphasised that the difficult period marked by flight cancellations and scheduling disruptions is now in the past. The troubles, as Kannan explains, were a mix of things out of their control like air traffic delays, some unexpected bird encounters, and maintenance that just had to be done. These hiccups threw a wrench into their finely tuned schedules and, with pilot rosters already maxed out, it was tough to keep everything running smoothly. Mint's aviation correspondent Anu Sharma reports on the latest development surrounding Vistara's struggle to keep its flights on time and running smoothly.In the run-up to the Lok Sabha elections, India's political landscape is buzzing. Leaders of all political parties are out there campaigning, electioneering and asking for people's support. The election, which is planned to be conducted over seven phases, will kick off in exactly a week's time. Uttarakhand happens to be one of the key states going to polls in the first phase on April 19. Amidst the ongoing Game of Thrones for 7 Lok Kalyan Marg, its incumbent, the ruling party's star campaigner for over a decade and the nation's Prime Minister Narendra Modi sat down for an interview with Hindi Hindustan's editor-in-chief Shashi Shekhar. The prime minister seemed  confident about returning for a third term. He listed out his government's achievements during the course of the interview, with special focus on Uttarakhand, which is one of the states voting in the first phase. Modi talked about issues ranging from his government's approach towards corruption to its stance on renewable energy.  Perhaps unsurprisingly, the prime minister refuted any claims of an anti-incumbency wave in the country. He said his party has robust on-ground support. Last week, Thierry Delaporte stepped down as the CEO of Bengaluru-based IT giant Wipro. To fill in his shoes, Srinivas Pallia was chosen. But Pallia isn't just any new CEO on the block; he's a seasoned Wipro veteran who's weathered the ups and downs of the company for 32 long years. However, as Pallia steps into the limelight, it won't be an easy road ahead for him. He faces a mammoth task of steering the company back to its former glory and reclaiming its spot among India's top 3 IT companies, a position it lost to HCL in 2022. Wipro's recent years have been anything but smooth, with the company grappling to keep pace with its peers. Mint's Shelley Singh spoke to critics and analysts, who echo this sentiment. According to many of them apart from the pandemic boom, Wipro has mostly lagged behind its peers. Adding to the challenge is the instability at the leadership level. More than 20 senior executives left under the watch of outgoing CEO Delaporte. This leadership instability is further underscored by the sheer number of CEOs Wipro has had since the year 2000—Pallia marks the eighth. Shelley takes a deep dive into the challenges awaiting Wipro's new chief, for today's Long Story.We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance.Show notes:Futures flashing signal that market rally may be about to peakMint Primer | American AI bill: Is it a boon or bane for global innovation?Worst is behind us, says Vistara CEO to employees as airline trims networkJust 3% of ED investigations related to people in politics: PM Narendra ModiWith Delaporte gone, can legacy hand Srinivas Pallia steer Wipro through the AI

Indian economy expanded by 7.6 per cent in the second quarter of this financial year, much higher than the Monetary Policy Committee's projection of 6.5 per cent. The pace of expansion surprised most economists, even as RBI Governor Shaktikanta Das had dropped hints about it during an Business Standard summit. But, what does the fine print tell us? What are the details that stand out?  But an impressive growth doesn't always translate into good infrastructure which can withstand nature's test. Heavy rains triggered by a cyclone have once again brought several parts of Chennai and nearby districts to a standstill. Despite spending hundreds of crores on building storm water drains, there is no end to flooding. So could the Chennai calamity have been avoided? Kasthuri Akhil caught up with Jaya Dhindaw of World Resources Institute -- an NGO that studies urban challenges and offers solutions to make cities more liveable and sustainable.  Moving on, all eyes are on the three-day meeting of RBI's rate setting panel. Its decision, which will be announced tomorrow on December 8, remains a crucial trigger for equity markets, which are holding onto their recent strength and making record highs. Find out what is expected from Friday's RBI policy, its likely impact on equity markets and other factors that will be watched out  Staying with the markets theme, the National Stock Exchange is mulling deferring indefinitely the internal deadline set for extending trading hours. Longer trading hours are expected to enhance the profitability and volumes of the country's top bourse. In this segment of the podcast, find out more about trading hours.

On today's episode, financial journalist Govindraj Ethiraj talks to Namrata Mittal, Economist at SBI Mutual Fund. SHOW NOTES[00:00] Stories Of The Day[01:00] Markets And The Rupee[01:37] Forget the sundowner. The National Stock Exchange wants to start derivatives trading between 6 and 9 pm.[04:22] Foreign funds will flow into Indian Government bonds but that comes with some additional scrutiny.[16:46] India is waiting for Tesla's car factory but then so are several other countries.[22:06] And hmm..where in India you should really buy your booze.[23:37] Late night talk shows in America might return as the Hollywood writers strike could endFor more of our coverage check out thecore.inInteract with us or ask us questions on TelegramSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

In this episode of Market Minutes, Shailaja Mohapatra talks about US debt ceiling crisis, National Stock Exchange's Q4 numbers, why PVR-INOX reported a loss and Astral Ltd's March quarter performance. (With inputs from Sucheta Anchaliya) Also, catch Ajay Garg of Equirus Capital in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends

MAHANKALI SRINIVAS RAO (MSR) is the Chief Executive Officer of T-Hub, and leads its mission of driving results and collaboration for entrepreneurs' success. An accomplished serial entrepreneur, MSR has built and scaled businesses across geographies over his 35-year stint in the IT industry.Before T-Hub, MSR served as Chief Executive Officer of GAME (Global Alliance for Mass Entrepreneurship), a social impact entity, where he was responsible for the implementation of the organization's programs and expansion plans in its mission to catalyze 10 million mass entrepreneurs by 2030.Earlier, he co-founded Aujas in 2008, with seed funding from IDG Ventures, with a vision to help organizations manage risk and enhance information value through innovation and excellence. He drove the Aujas exit to NSEIT, a 100% wholly owned subsidiary of the National Stock Exchange. MSR was part of the promoter team at Network Solutions (Netsol) which he helped scale from an early-stage entity to being among India's top 3 Network Integration entities before its acquisition by IBM in October 2005.At the start of his career, MSR also worked at Sonata, Computer Vision Labs, and Microland. MSR is a native of Telangana and currently lives in Hyderabad. He holds an MBA from the Indian Institute of Management Bangalore (IIM-B) and a Bachelor's degree in Electrical Engineering from OU College of Engineering. He is a bibliophile, a cricket fanTimestamps Current state challenges in the start-up sector - 5:00Short-termism vs Long termism - 10:47Skills to acquire in the ever-changing business environment - 16:57Power of 3 - 20:13What makes businesses success or failure - 30:06**New Segment ** Making it Stick - 34:35QuotesEvery business has a responsibility to ensure a sustained path to profitabilityEvery slowdown has resulted in better technology solutionsHard things take time, stay persistentThe only thing you owe to yourself is to be the best version of yourselfConnect with MSR:  LinkedIn | Website Do not miss to check out our new website and share your love https://inspiresomeonetoday.in/Do stay tuned for new episodes every alternate Friday. Next episode -Feb 10'23. Available on all podcast platforms, including, Google Podcasts, Apple Podcasts, YouTube, Spotify

Mr. Alok Jain has been in the stock market since 1996. He has serviced institutions and retail investors as well. He has had his share of ups and downs in life and in the stock markets as well. Today we will talk about his journey in life as well as stock markets and also how the average retail investor can perceive the stock markets and get into the world of investing. About Mr. Alok Jain Mr. Alok Jain is a graduate of the Indian Institute of Technology Delhi (1991) and holds a Master's in Finance and an M.B.A. from the University of Maryland USA (1995). He has been in the Indian stock markets since 1996. Alok is passionate about building rule-based investing model portfolios to generate superior returns with lesser effort. Alok's journey in the markets started with his setting up one of the first National Stock Exchange corporate members in New Delhi in 1996. For two decades, he serviced institutional, corporate, H.N.I., and thousands of retail clients and along the way developed a keen sense for systematic rule-based investing systems and technical trading. On completing twenty years of the business in 2016, Alok decided to roll out the same strategies that he was running for his own money on for others which led to the creation of this DIY model-based portfolio under the banner of Weekend Investing that required only 2-minute weekly intervention by the users. --- Support this podcast: https://anchor.fm/tbcy/support

India's Ministry of Electronics and Information Technology has released a draft bill, titled ‘The Digital Personal Data Protection Bill 2022' for public feedback. The last date to provide feedback, via the ministry's website, is Dec. 17. This brings India a step closer to formulating rules that will govern the individual rights of the ‘digital citizen' and the need to process data for lawful purposes. And deep tech startups in the country need much more money at various levels to thrive, Debjani Ghosh, president of Nasscom, India's main tech lobby, said last week. Notes: India's Ministry of Electronics and Information Technology has released a draft Bill, titled ‘The Digital Personal Data Protection Bill 2022' for public feedback, the ministry said in a statement last week. The purpose of the draft Bill is to provide for the processing of digital personal data in a manner that recognizes both the right of individuals to protect their data and the need to process personal data for lawful purposes, according to the statement. The feedback on the draft bill in a chapter-wise manner can be submitted at https://innovateindia.mygov.in/digital-data-protection/ by December 17, 2022. India's Central Depository Services Limited, or CDSL, the country's leading central securities depository, said its systems have been compromised by malware, TechCrunch reported on Friday. The securities depository said in a filing with India's National Stock Exchange that it detected malware affecting “a few of its internal machines.” “As a matter of abundant caution, the company immediately isolated the machines and disconnected itself from other constituents of the capital market,” the filing said. CDSL said it continues to investigate the breach and that it has so far “no reason to believe that any confidential information or the investor data has been compromised” due to the incident, according to TechCrunch. Mohit Gupta, a top executive at Zomato, who was elevated to the status of co-founder in 2020, has quit, Economic Times reports. Mohit held various positions at Zomato including being the chief executive of its food delivery unit and head of its new initiatives, according to ET. That makes for the third top-level exit in the Mumbai-listed loss-making food delivery services provider, according to ET. Rahul Ganjoo, head of new initiatives, resigned earlier this week while Siddharth Jhawar quit the company as vice president and head of intercity legends service earlier this month. Lenskart, the online retailer of eyewear, has raised $39.6 million in Series I funding from Chiratae, DSP Mutual Fund and Axis Growth, according to data sourced from private markets intelligence provider Tracxn. This takes Lenskart's total funding to $1.05 billion and post-money valuation to $4.26 billion, according to Tracxn data. India's deep tech startups need higher levels of seed and early-stage funding to grow faster, but currently, only 11 per cent of technology-related funds reach this ecosystem, Debjani Ghosh, president of Nasscom, said on Friday, Press Trust of India reports. Speaking at a workshop on ‘Startups and Entrepreneurship: Vision India@2047,' Ghosh called for encouraging 10,000 deep tech startups in India by 2030. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds

In his talk, Dr. A Velumani takes you through his life experiences and hardships he faced throughout his journey to. He talks about the attitude one needs to have to tackle such adversities and the critical roles women play in a person's life.He started Thyrocare in 1995. Using a unique business model in a focused Biochemistry back end laboratory, he has built an organization which got listed in National Stock Exchange in May 2017, with a stellar oversubscription of 74 times.He has given various talks on subjects like ‘The Luxury of Poverty' and ‘Accidental Entrepreneur'.Hope this podcast will help you a lot! Keep listening! Stay Tuned! Thank you!

The recent arrest of Ravi Narain -- the former chief of the National Stock Exchange (NSE) -- for alleged money laundering is a stark reminder that governance structures still need nurturing. Markets have seen quite a few fallen heroes, and they offer lessons to investors and regulators. Let us have a brief look at some of them   How can we talk of market mishaps and not start with Shantilal Harshad Mehta. In the second quarter of 1992, the securities scandal roiled the markets. Till the scam broke, Mehta epitomised rags to riches story -- someone who started as an outsider to Mumbai to become one of leading market brokers in BSE. The Rs 4,000 scam involved Mehta taking advantage of the loopholes in the banking system to manipulate the Bombay Stock Exchange. From a wave of followers flocking to his investment choices, Mehta's fall was stark. He was charged with over 70 criminal offences. The securities scandal brought about many changes in the financial regulatory system. Investors look up to market leaders for investment choices. But not all of them live up to the expectations in terms of conduct. Ketan Parekh was one such figure. A protege of Harshad Mehta, he had learned trading from him. Ketan was revered as the “Bombay Bull” and was famous for picking stocks that turned to gold. Like Harshad Mehta, Parekh exploited the loopholes in the market and faced allegations of insider trading and manipulating stock prices.  He was also accused of misrepresentation of facts to borrow from the banks. After Harshad Mehta, Ketan Parekh had markets on the boil and took regulations for a toss. Another billionaire market leader whose enviable rise was jaw-dropping and eventually fell prey to his own ambition was Jignesh Shah. Shah revolutionised commodities trading in India when he set up Multi Commodity Exchange (MCX). He later launched the National Spot Exchange Limited (NSEL), the country's first electronic spot exchange for commodities, which eventually led to his downfall. Shah was arrested in a Rs 5,600 crore payments scam, where contracts were sold without collateral, at NSEL. This marked the beginning of the fall of his empire and Shah was forced to move out of everything that he had built. From market stakeholders, let us move on to the regulators themselves. Chitra Ramakrishna was part of a core team that built the tech-driven National Stock Exchange, now a favourite for retail investors. Chitra Ramakrishna brought with her an understanding of debt markets to NSE. When she was appointed head of NSE in 2013, Chitra Ramakrishna was one of the rare women CEOs leading a bourse. But in 2015, reports emerged about the co-location scam where select traders were allegedly given preferential access to data and trading systems through the co-location facility at the exchange. There were also allegations of money laundering. This has severely hurt the credibility of the exchange. Ramkrishna resigned from the NSE in late 2016 and earlier this year, the CBI took her into custody. Even as the Chitra Ramakrishna continues to dominate headlines, the enforcement directorate has arrested former boss of NSE, Ravi Narain in a money laundering case. Narain was the longest serving chief of the NSE, from 1994-2013. Under Narain, NSE established an edge over BSE and facilitated large volumes of derivatives trading. But then, the shadows of the co-location case haunted him. Earlier this year, Narain was questioned by CBI for his role in the co-location scandal and regulator Sebi had also imposed a penalty. Allegations of governance lapses during his tenure as NSE chief marred his image. Deven Choksey, MD, KR Choksey Investment Managers says regulations have always been in place, but individuals always found a way to overstep these norms. The systems and frameworks should be more simple With strict regulations in place, the governance standards have improved leaps and bounds over the years. Effectiveness of these norms sh

What is the Central Bureau of Investigation doing in the National Stock Exchange co-location scam? Why has it not questioned the Himalayan Yogi? Or the Evil Genius? Are they trying to hang it on the necks of Chitra R, Anand S, and Sanjay P? #nsescam #NationalStockExchange #chitraramkrishna #anandsubramanian #SanjayPandey #CBI #nsecolocationscam

Trading Strategies for the long term involve analysing the key financial ratios of a business to determine its financial health and to provide an estimate of the value of the business. “We want to perceive ourselves as winners, but successful traders are always focusing on their losses” -Peter Borish, Chief Strategist, Quad Group. Trading is a profession that dates back to the times of the Barter exchange. Two parties came together to strike a deal for goods that each party needed and the other had. That formed the basic groundwork of the system of trading. A stock market is simply a place of congregation of buyers and sellers of stocks, which represent the ownership claims on businesses. These businesses may include securities listed on a public stock exchange and securities that are traded privately. The first modern stock was traded on the Nieuwe Brug in Amsterdam for the Dutch East India Company in 1602. The first derivatives were traded in 1607 for that single company, with the dividend being distributed after some years. Futures trading and short-selling were also invented in Amsterdam after a few years. As of May 2021, the Market Cap of the National Stock Exchange is US$ 3.1 Trillion, with a listing of 1952 companies. Trading is a noble profession in India and is a subject of interest to thousands of traders. While there are many success stories, the market remains to be a place where people have lost a lot of money. The bottom line? Trading on emotions, by fluke and not following certain fundamental rules. Let's discover some of the trading strategies to always stay in profit: Here present 10 proven Trading strategies :

Veratin (NSX: VTN) executive chairman Ramiz Boulos joins Small Caps to discuss the company's strategy to use green technology to upcycle wool waste and produce high-end sustainable products including its all-purpose fertiliser and soil improver Verigrow. Veratin listed on the National Stock Exchange of Australia in February and plans to upgrade the production capacity of Verigrow, while developing products for cosmetic, health foods and materials markets. Dr Boulos says the technology is based on using green chemistry process that turns solid wool into liquid keratin.Article:https://smallcaps.com.au/veratin-upcycles-wool-fertiliser-other-sustainable-products/

Summary: For the 10th and final episode of Propcast season 8, Louisa is joined by Greg Smithies, Partner and Co-Head of Climate Tech at Fifth Wall and Jonathan Schulhof, co-founder and CEO of FootPrint Coalition Ventures. They talk through their roles and what their funds are doing within the climate and sustainable technology space. They explain the growth and trends that they have seen in the market at the macro and micro level. Finally, they speak about what the future looks like and what we can personally do to reduce our carbon footprint. The key insight from this episode is the simplest thing you can do for the planet is to switch your thermostat down.  Resources: LMRE Global Recruitment and Search Consultancy LMRE YouTube Interviews Companies Mentioned:   Battery Ventures Coldwatt, acquired by Flextronics  Kleiner Perkins GE Conoco Turntide Motors Carbon Cure  Sidewalk Labs  Zero Acre Sealed     Shout Outs: Rob Soni, Executive Chairman, Founder, CEO & Investor Krishna Srinivasan, Founding Partner at LiveOak Venture Partners, Chairman of the Board at DISCO, Chairman of the Board at The Miracle Foundation Stephen M. Ross, Owner of The Related Companies Jeff Blau, CEO at Related Companies  Harvey Spievak, Executive Chairman and Managing Partner, Equinox Group Robert Downey Jr. Key Insights From This Episode:    Looking at climate tech today, the vast majority of them require some level of industrial tech. - Greg     The technologies we're investing in on the climate side are good for the planet, cheaper for the consumer and have higher returns. - Greg We might be in the golden age of climate and impact investing. - Greg We've had a washout of cleantech, 1.0 companies that weren't sustainable without subsidy. - John It is a travesty for the planet that for the last 20 years, the world's best and brightest went through, and spent all of their time doing ad click-through optimization. - Greg When you look at a problem that no one's looked at in the last 200 years, you can come up with some solutions that are cheaper, better and faster. - Greg  People are really looking and examining the food supply and thinking about how we can scale in a way that's compatible with the planet. - John 70% of the world's natural gas is burnt inside buildings for either powering them or heating them. - Greg Keywords: Climate Tech, Sustainable Tech, Future, Climate Change, Sustainability  About Our Guests: Greg Smithies, Partner and Co-Head of Climate Tech at Fifth Wall. Greg is a Partner at Fifth Wall, where he co-leads the Climate Technology Investment team. Prior to joining Fifth Wall, Greg was a Partner at BMW i Ventures where he led the Sustainability investing practice, investing in companies such as Prometheus Fuels, and PureCycle (NASDAQ: ROCH). Before joining BMW i Ventures, Greg led Finance & Operations for both The Boring Company and Neuralink simultaneously. Greg started his investment career at Battery Ventures where he covered early-stage enterprise technology startups, as well as industrial technology buyouts. Successful exits from his work there include Nutanix (NASDAQ: NTNX), AppDynamics (acquired by Cisco Systems, Inc.), and IST (acquired by Scott Brand). Greg was born in Pretoria, South Africa, and currently lives in Oakland, CA. He graduated from the University of Pennsylvania's Wharton School where he received a BS in Economics and a BS in Computer Science. Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology-driven innovation for the global real estate industry. With approximately $3.0 billion in commitments and capital under management, Fifth Wall connects many of the world's largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World. Fifth Wall is backed by a global mix of more than 90 strategic investors from more than 15 countries. Jonathan Schulhof is co-founder and CEO of FootPrint Coalition Ventures, a digital publishing and venture firm he started in partnership with Robert Downey Jr., to back environmentally focused sustainable technologies. FootPrint is a cross-platform digital publisher that features sustainable technology in news and short form video content for social media, and long-form series for streaming networks. FootPrint uses its publishing activity to originate and add value to investments in high growth companies. FootPrint then makes these investments accessible to investors that want to join in our movement through funds and through co-investment syndicates. We invest in areas such as alternative proteins, biodegradable plastics, electric vehicle motors, and energy storage.   Jon has over 20 years of experience investing in clean technology startups.  He was a founder and lead investor in Motivate, which owned and operated Citibike and the other leading North American bike sharing systems (sold to Lyft).  He started Loom Media to finance the rollout of free public electric vehicle charging systems, and other smart city amenities sponsored by corporate media (now part of WPP).  Earlier in his career, Jon created ColdWatt, a high efficiency power 81 Piccadilly, Mayfair, London W1J 8HY electronics company (sold to Flextronics); and Glori Energy, a microbially enhanced oil recovery business (IPO).  In addition to his cleantech work, Jon serves as non-executive chairman of GTI Capital Group, a permanent capital investor in India.  Jon started this company while living in New Delhi from 2010 through 2012.  GTI's holdings include Air Works (aviation maintenance), Samhi (hotels), and WebEngage (B2B SaaS tools for ecommerce).  GTI has several prior exits including Brattle Foods (refrigerated logistics, sold to Future Group), National Stock Exchange (sold through secondary trades), Sandhar (autoparts, IPO), and Nova Medical Centers (healthcare services, sold to Apollo).  Jon was a term member of the Council on Foreign Relations, and served on the Board of Northside Center for Early Childhood Development for 10 years.  He is now a mentor at iMentor.  Jon holds a law degree from Stanford, and attended Dartmouth College. About Our Host Louisa Dickins https://www.linkedin.com/in/louisa-dickins-ab065392/ Louisa started her career in property working at a well-known estate agency in London. Realising her people skills, she moved over to Lloyd May to pursue a career in recruitment. She now is a Director at LMRE, who are a specialist recruitment firm driven by PropTech and recruitment professionals, and Louisa oversees their 5 core areas. Louisa co-founded LMRE and provides a constructive recruitment platform to the new disruptors in real estate. Louisa is also on the board of Directors at UK PropTech Association (UKPA). About LMRE www.lmre.tech LMRE believe there is a better way to recruit. LMRE focus on a more comprehensive, client led focus delivering exceptional talent to the place at the time. They are passionate about the industry and passionate about people's careers. LMRE spend time with each client to become and an extension of the business, and their transparency and core values help them grow with the sector. LMRE simplify recruitment and innovate with our clients and evolve the people driven, PropTech community. Timestamps: [02:05] Greg, can you talk us through your journey?  Currently, I co-head the climate investment team at Fifth Wall.  I set up and founded the climate investing team for BMW.  Prior to BMW, I was an Elon Musk world for a number of years. I was head of finance and operations at two of his companies.  I started my investing career at a fund called Battery Ventures. [06:10] John, can you talk us through your journey?  I didn't set out to be a climate tech investor. I have a law degree from Stanford.  I started several companies that were venture-backed, the first was Coldwatt.  I started my first asset management company as an investor in India and set up a permanent capital vehicle for investing.  I partnered with Stephen M. Ross, Jeff Blau and Harvey Spievak and we turned around Citi Bike.   Finally, I set up Footprint Coalition with Robert Downey Jr.  [14:20] Greg, can you talk us through impact investing and how it's going affect our built environment?  Impact investing has historically gotten little bit of a negative connotation to it because in the capital markets people have always said there's real investing and then there is impact investing. A lot of these technologies that people used to think were expensive are now incredibly cheap. [16:50] John, in your 20 years, what major changes have you seen?  We've had a wash out of clean tech, 1.0 companies that weren't sustainable without subsidy. Technology is accelerating, the world looks nothing today, like it did 15 years ago. The talent that has followed the capital that is flooding into this market is truly amazing. [22:30] With technologies such as Carbon Cure and cross-laminated timber, it is expensive for buildings to put into practice and will the cost of these building be higher?  This technology is safer because these things are lighter and they're easier to transport. You need smaller foundations for the buildings and they naturally are able to band with the wind and high-rise buildings.  It's cheaper, it's better for the planets, your buildings go up faster and they weigh less.  We've got to climb up a little bit of a mountain when it comes to training engineers and getting permitting done. [24:50] John, you have experience in alternative proteins, can you expand on that and give an example of a technology in that space?  People are really looking and examining the food supply and thinking about how we can scale in a way that's compatible with the planet. We look for investments in areas where through alternative methods of production, we can create more denser sources of the very things that we need to eat and that are healthier and just better alternatives. Zero Acre Farms ferment in this case, vegetable oil and if you're able to do that you have a much more energy dense way of producing that food without having to go and cut palm forest.  [28:00] Is there something our audience could be looking in to play their part in the future of the built environment?  The simplest thing you can do, inside buildings is turning your thermostat down. What we need is to allow people to voice their opinions and give CEOs and the people who make policy decisions, the power and the space to change how they do business. [30:55] The ‘LMRE' part, Louisa asks the guests to talk about;  Lessons learned in your career Greg:  Catch me if you Can and Inventing Anna, these people were to do outstanding things because they had the moxie and the guts to try.  Greg: You fail at a 100% of the things, you don't try. John:  Never underestimate the power of human incentives. Mention a person, product or service Greg: Sealed.com John: My wife Rewarding parts of working in the space: Greg: When you work on anything in climate tech it is quite rewarding inherently because the, technologies you're working on are here to try and save the world. John: I love the community feedback.    What are you most Excited about for the future of the space?: John: I drove a 1968 Volkswagen bus and this one was kitted with a salvaged Tesla engine. Sponsors  Launch Your Own Podcast Kopus.com is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, and guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@kopus.com

The arrest of Chitra Ramkrishna, the ex-MD, and CEO of the National Stock Exchange in connection with the co-location scam is just the beginning, and more needs to be taken into custody, says Sree Iyer. Why is the Co-lo scam bigger than 2G? How are NIFTY 50 creators connected? A must-watch! #ChitraRamkrishna #NSE #CoLocationScam #CBI

Just like the world, India too caught its breath and figured out the next course of action as Russian troops stormed into Ukrainian cities early Thursday. The Indian government is now scrambling all the resources to evacuate its 20,000 citizens from the eastern European country, whose air space has been shut since the offensive. Apart from this, the war will also have its economic consequences too.  Back home, the India's largest bourse, National Stock Exchange, is at the centre of a controversy. And at the heart of that controversy is a mysterious yogi everyone is talking about now. Chitra Ramkrishna, a founding member of NSE who was at the helm between 2013 and 2016, has told investigators probing alleged irregularities during her tenure, that she was being guided by the mystic who lived in Himalayas. But did that mystic really lived in the Himalayas? Or was he moving around in the plush exchange office of Mumbai? Meanwhile, the Russian invasion led to a bloodbath on Dalal Street. Global financial markets were rattled too. While most equity markets across the globe corrected sharply, Brent Crude oil hit the psychological level of 100 dollars a barrel. These developments along with other headwinds have kept the markets choppy in the February F&O series, which turned out to be one of the most volatile series since April 2021 F&O expiry. Will the March series be equally volatile? What should your strategy be in this backdrop?  Markets are eagerly awaiting the IPO of government-owned Life Insurance Corporation of India or LIC. But even before it hits the primary market, LIC filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India. This episode of the podcast tells more about this document and why it is filed.    Watch video

It's turning out to be one of the most bizarre scams in the history of the markets .... India's prestigious National Stock Exchange - was being run by a 'Yogi' from the Himalayas ... his directions and orders were being followed to the T - by CEO Chitra Ramakrishna, including the absurd appointment of Anand Subramanian as CSO and finally as GOO with a salary of 4 crore plus. Despite numerous reports of mis-governance - why was Chitra allowed to resign with a fat pay packet? Will the CBI now be able to track who this mysterious Yogi is????

Headline indices extended gains on Tuesday on the back of all-round buying as investors sidelined Omicron related fears. The BSE Sensex, surged to an intra-day high of 57,952, and ended 477 points up at 57,897. The NSE Nifty touched a high of 17,250, and settled with a gain of 147 points at 17,233. Some analysts, Business Standard spoke to, remain hopeful that the equity markets will look past Omicron fears and move higher. Despite, multiple headwinds, including the policies of various global central banks amid the rising Covid cases with the emergence of the omicron variant, they believe that there would not be any major fall in the markets over the short-term but do not rule out bouts of volatility going ahead. The broader indices also closed with smart gains. The BSE Midcap index was up 1 per cent, and the SmallCap index gained 1.5 per cent. Asian Paints and Sun Pharma were the major gainers among the Sensex 30 stocks, up nearly 3 per cent each. Mahindra & Mahindra, Titan, NTPC and UltraTech Cement also rallied more than 2 per cent each.  Larsen & Toubro, HCL Technologies, Tech Mahindra, Reliance Industries, and Infosys, were the other prominent gainers.  Individually, debutant Supriya Lifescience stole the limelight as the active pharmaceutical ingredient manufacturer got listed on the BSE at Rs 425- a 55% premium over its issue price of Rs 274. The stock that had received strong response from investors, ended 42 % higher on the exchange. Further, the shares of BSE surged up 10.5% to a high of Rs 2,028 on the National Stock Exchange, after the company announced that its board will meet on February 8, 2022 to consider a bonus issue. In the past one month, the stock has outperformed the market by surging 30%, against a 1.1 % rise in the Nifty50 index. In the broader market, state-owned telecom services provider MTNL continued its upward movement for the fourth straight day. The stock was locked at the 10% upper circuit on the BSE, with only buyers seen on the counter. The stock traded at its highest level since June 2014. So far in December, its share price has appreciated by 117 %.  That apart, two other stocks-Urja Global and 63 Moons Technologies have also surged over 100% in the last one month. Urja Global was locked in the 5% upper circuit for the 15th day, while 63 Moons hit a 52-week high on the BSE being locked in the same upper circuit. Cinema theatre player PVR ended 4% lower on the BSE after Delhi ordered closure of cinemas, gyms, schools and colleges, with immediate effect, amid various other restrictions. The new restrictions have been enforced as the national capital is seeing a new spike in covid cases, possibly led by the Omicron variant.  Moreover, the telecom space overall put up a good performance on the back of the Department of Telecommunications announcing the initial roll out of commercial 5G services in 13 Indian cities in 2022. Other sectors that were leading gainers included Auto, IT, Realty, and Consumer Durables.  The Nifty Pharma index also logged gains and closed 0.9% higher after health minister Mansukh Mandaviya said that India has granted emergency approval to Merck's anti-Covid pill Molnupiravir and two new covid-19 vaccines. The minister said that the pill will be manufactured by 13 companies in India. It was granted  emergency approval by the US FDA last week. Lastly, Bitcoin slid below $50,000, a level some analysts see as a key pivot for assessing the largest cryptocurrency's outlook heading into 2022. The token fell as much as 4.5% in Asia and was trading at about $49,100 as of 1:10 p.m. in Singapore. Second-largest coin Ether and the Bloomberg Galaxy Crypto Index were also in the red. 

The Nifty recovered 279 points from the day's low to close at at 17,096.30, the highest level since December 16. However, volumes have gone down as foreign institutional investors remain sluggish. The National Stock Exchange cash turnover was at its lowest since April 3, 2020. From the recent swing low of 16,410, the Nifty has managed to recover more than 4.5 percent. It is still in continuation of a downtrend, forming lower tops and lower bottoms on the daily charts. The previous swing on the daily chart was seen from 17,640 (top of December 13) to 16,410 (bottom of December 20). If we were to consider this downswing and apply 61.8 percent Fibonacci retracement, then that level comes in at 17,170. If the Nifty manages to surpass 17,170 on a closing basis, it will be the first indication of bullish trend reversal. There has also been good amount of Call writing at 17,200 strike price, which indicates strong resistance. So, unless Nifty sustains above 17,200, trend will remain down. Currently 56 percent of NSE500 stocks are trading above their 200-daily moving average (DMA), which can be considered near the lower band of the last one year data. Downward sloping trend line adjoining the previous swing highs projects the strong resistance at 17,500. The Bank Nifty formed bullish "Piercing Line" candlestick pattern on December 27, which indicates the probability of a short-term reversal. A level above 35,478 would trigger the buy signal of this candlestick pattern and would also result in higher top preceded by higher bottom on the daily chart. Strong support for the Bank Nifty is seen at 34,000. Resistances for Bank Nifty are seen at 35,800 and 36,220. Indicators and oscillators like Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) have developed positive divergence on the short-term chart of the Nifty as well as the Bank Nifty. We believe that markets are on the path to recovery, however, the short-term bullish trend reversal would be confirmed only above 17,170. The medium-term downtrend would be negated once we see the Nifty closing above 17,500.

Hey everyone, I'm Dr Siddharth Warrier. In today's episode of the Dr Sid Warrier podcast, we have with us none other than Harsh Goela, who is a stock market investor, entrepreneur, mentor and public speaker. He is one of the youngest winners on behalf of the Bombay Stock Exchange and National Stock Exchange. In this video, we talked about our journey in the stock market and how young investors can learn about the investment industry from reliable sources and how they can invest from a young age. Watch till the end to gain clarity over the topic. If you are watching this video then you've already taken a step forward to start your investing journey. Let me know in the comments what was your favourite part of the podcast. Enjoy the podcast.

Top headlines   Sensex ends 612 pts higher; RIL, L&T and Bharti Airtel shine Metro Brands makes a tepid debut with 13% discount ZEE falls 5% after inking merger pact with Sony Pictures, trims losses later RateGain Travel Technologies surges 28% in two sessions, hits new high CMS Info Systems IPO subscribed 65% on day 2   The bulls were in control on Dalal Street today as key benchmark indices remained in the positive zone throughout the session. The BSE benchmark index hit an intra-day high of 56,989, led by strong gains in index heavyweights Reliance Industries, Bharti Airtel and financial stocks. By close, the Sensex stood 612 points higher at 56,931. With this, the index has gained over 1,100 points in two trading sessions.   The NSE Nifty climbed to a high of 16,971, before eventually ending with a gain of 184 points at 16,955.   Reliance Industries surged 2.4 per cent and accounted for more than a quarter for Sensex gains today. According to Edelweiss Alternative Research, RIL's weight on the Sensex and Nifty is likely to rise from December 29 and December 30, respectively, after a rebalancing of weighting. The total cumulative inflows for RIL are expected to be $245 million.   Bharti Airtel, Larsen & Toubro and Tata Steel were the other major gainers. They closed between 2 and 2.7 per cent higher. Gains in the financial shares were led by Bajaj Finance, IndusInd Bank and ICICI Bank.   The stock of the day was Zee Entertainment, which ended almost flat after recouping losses made earlier in the day. The stock fell up to 5% on the back of profit booking after the company said it had entered into a definitive agreement with Sony Pictures to complete its proposed merger. Technical charts suggest the stock has the potential to surge as much as 35%.   ITC, Nestle, and Wipro were among the few Sensex losers.   The broader markets, on the other hand, ended with significant gains. The BSE Midcap and Smallcap indices were up around 1.5 per cent each. The overall market breadth was extremely positive, with over 2,400 advancing shares against 907 declining stocks on the BSE.   Among individual stocks, the shares of India Cements surged 9% on the BSE after billionaire investor Radhakishan S Damani, Gopikishan Shivkishan Damani & family increased their stake in the company to 22.76 per cent. Since March 30, 2020, they have acquired an additional 2.03 per cent stake in the company through open-market purchases.   That apart, shares of recently listed RateGain Travel Technologies rallied 10 per cent in intra-day trade to hit a new high at Rs 402, extending its previous day's 9 per cent surge on the National Stock Exchange. The stock today bounced back 28 per cent from its Monday's low. On December 17, Goldman Sachs Funds had bought 0.7 million equity shares of the company through bulk deal on the NSE.   Electronic components maker Hind Rectifiers also hit a 52-week high of Rs 244.35, surging 13 per cent on the BSE. The stock has zoomed 35 per cent in the past three trading days, and 47 per cent in the past month.   Further, Rakesh Jhunjhunwala-backed Metro Brands had a muted debut on the bourses. It was listed with a 13 per cent discount on the BSE at Rs 436, against its issue price of Rs 500 per share. The stock, however, ended at Rs 493, down 1 per cent against the issue price.   Lastly, in the primary market, the initial public offering of CMS Info Systems remained sluggish on the second day of bidding. It was subscribed only 65% as at 4:30 pm. The retail portion, however, was fully subscribed.

Top headlines   Sensex, Nifty slide 3% in 1 week as hawkish monetary policies and Omicron concerns weigh IT stocks dazzle in a weak market on Accenture's stellar earnings show Govt mulls changes in law to cut govt stake in PSU banks RBI discusses private cryptocurrencies at its board meeting   Stocks across the board, barring the IT sector, witnessed significant selling pressure on Friday as unwinding of global stimulus packages dented sentiment. That apart, unforeseen threat from the Omicron variant of coronavirus and high inflation kept bulls at bay all through the day.   The BSE Sensex tanked to a low of 56,951, and eventually settled with a loss of 889 points at 57,012. The NSE Nifty50, meanwhile, slumped to a low of 16,966 intra-day, and ended with a loss of 263 points at 16,985. This was the first time since December 6 that the Nifty ended below the 17,000 mark.   Amid persistent FPI selling, a weaker currency, and worries due to fresh restrictions across global economies due to the new Covid-19 variant, the frontline indices declined 3 per cent during the week.   As regards today, index heavyweight Reliance Industries plunged 2.6 per cent, and alone accounted for a fifth of the total loss for the BSE benchmark. That apart, HDFC twins, ICICI Bank, Kotak Bank, and HUL were some of the other major draggers.   On the positive side, Infosys surged 3 per cent. It was followed by HCL Technologies, PowerGrid, Sun Pharma and TCS. Shares of information technologies companies were in demand today after global IT consultancy firm Accenture reported strong results for the quarter ended November and also gave a strong FY22 outlook.   The broader indices also finished with deep cuts, with the BSE Midcap and Smallcap indices falling 2.4 per cent and 2 per cent, respectively. The overall breadth favoured sellers, with more than two stocks declining on the BSE for every advancing share.   Among individual stocks, the shares of Kopran hit their highest level since 1994 after freezing at 5 per cent upper circuit for a second straight day. In the past 21 months, the stock price of the company has zoomed a whopping 1,874 per cent.   On the contrary, RateGain Travel Technologies made a weak debut as the shares listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange. Further, it dropped to a low of Rs 334 intra-day before settling at Rs 337.5.   The weakness in the secondary market, however, failed to deter primary market investors. Till 4:15 PM on day 2 of the offer, the IPO of Surya Life Science was subscribed over 5 times. The retail quota was subscribed 24.5 times and NIIs over 2 times.   HP Adhesives, meanwhile, was subscribed over 20 times on the last day of the offer.   A look at some other top developments of the day:   The central board of the Reserve Bank of India reviewed the current domestic and global economic situation, evolving challenges and remedial measures. The Board also discussed various aspects related to Central Bank Digital Currency and Private Crypto Currencies.   The government is considering changes that would make it easier to lower its stake in state-run banks, reported Bloomberg. The proposals – if approved – would allow the government to gradually lower its holding in state-run lenders to 26% from 51% without diluting its grip on management appointments.   Lastly, Omicron case-load has topped the 100 mark in India. The virus has been detected in 11 states so far, with Maharashtra's tally at 32.

ITC Ltd had its first-ever investor meet in its 111-year history. But there was hardly anything new. What's stopping transformational changes in the conglomerate that can rejuvenate its languishing share price? Host Arijit Barman speaks to Dwijottam Bhattacharya, a former journalist turned stock market investor who has stayed invested in ITC since the 1990s and ET's Kiran Somvanshi to decode the company's DNA and figure out if the cigarettes-to-coffee giant has what it takes to outshine peers and disruptors. Credits: Stockonomics, National Stock Exchange of India Limited

Following the directive of the Securities and Exchange Board of India, the country's two largest registrar and transfer agents, CAMS and KFintech, came together to set up the MF Central. The first phase of MF Central went live on September 23 and the platform will become fully functional by the year-end. Investors can sign up using their PAN and mobile number. The first phase covers non-financial transactions, allowing investors to get a consolidated portfolio view in real-time, place service requests like change of phone number or bank account, update nominee details, download consolidated account statements (CAS), and view unclaimed payouts. Investors can also track all their service requests at one place. The second phase will see the launch of a mobile app this month. The third and final phase will let investors buy, sell and switch mutual funds. MF Central will also enable integration with ecosystem partners for several value added services. According to CAMS Managing Director Anuj Kumar, the platform will simplify mutual fund services and reduce turnaround time for investors.  However, industry players have questioned the need for a new interoperable platform when three similar dashboards are already in existence providing similar services. Investment platform Kuvera's CEO Gaurav Rastogi had in July said it is not clear why SEBI has mandated another such platform. The National Stock Exchange's Mutual Fund Service System, BSE's Star MF and MF Utilities India, which is sponsored by the mutual fund industry, allow investors to make financial and non-financial transactions. But MF Central promotes ease by requiring just the PAN and mobile number to see your investments. It remains to be seen how the new platform takes shape and whether it is as user-friendly as the current options.  Watch video

Easing concerns about the potential severity of the Omicron variant lifted world stocks on Tuesday. According to White House Chief Medical Advisor Dr Anthony Fauci, the initial data regarding the variant was ‘encouraging', which bolstered confidence of market bulls. The S&P BSE Sensex vaulted 1,150 points intra-day but ended 886 points higher at 57,634. The Nifty50, meanwhile, ended above the 17,150-mark. However, caution is the word on the Street as technical indicators suggest volatile phase ahead. According to tech charts the current volatility has disrupted the positive momentum in the markets, dragging the benchmark Sensex towards the previous reversal mark. Given this, the index is facing stiff resistance at 59,000 level, while it has a near-term support at 57,000. As regards Nifty, the index is striving to hold the support of 100-days moving average, which is placed at 17,195. The immediate resistance comes at 17,550 and support stands at 16,600 levels. In the broader markets, the Nifty MidCap100 and the Nifty SmallCap 100 have managed to hold their support levels. The indices may see up to 5 per cent upside in the near-term. Fundamentally, this volatility and cautious approach may extend into 2022 as well, as global equities, including India, face multiple headwinds. For one, analysts say new variants of the Covid -19 infection that make current vaccines less effective is one of the key risks worth flagging. Secondly, stickier-than-expected inflation could lead to tighter monetary conditions and increase the risk of a policy error. According to analysts at Morgan Stanley, volatility in Asia's financial conditions may rise, if and when US 10-year real rates rise sharply in a short span. That apart, the third risk to equities, according to Street watchers, is lesser room for fiscal stimulus. This is because governments will likely wind down their unprecedented fiscal policy, and there could also be policy gridlock following the US midterm elections. Lastly, a slew of initial public offers, especially Life Insurance Corporation  and the National Stock Exchange, may hit the street in 2022, which is another reason why the secondary market liquidity may suffer. In a nutshell analysts at Motilal Oswal Financial Services expect sectors exposed to markets with rising Covid-19 cases may underperform in 2022. The brokerage expects sector rotation to continue and defensives like pharma, information technology and consumer to make a comeback till sentiment improves. As regards today, all eyes will be on the Reserve Bank of India's bi-monthly monetary policy outcome. Governor Shaktikanta Das will release the policy statement at 10 AM and will address the media later in the day. If the RBI maintains status quo in policy rates, as widely expected, it would be the ninth consecutive time since the rate remains unchanged. Given this, rate sensitive stocks such as autos, banks and real estate players will be on investor radar. That apart, shares of Nykaa, Fino Payments Bank, SJS Enterprises and Policybazaar are also expected to see volatility today as the anchor lock-in is set to unravel from today onwards. According to analysts, the anchor investor sell-off may keep these stocks under pressure as they have already made money on their investments and will not be willing to hold on for too long. In the primary market, the initial share sale of RateGain Travel Technologies will enter its second day today. The company's three-day IPO has been subscribed less than 50 per cent with retail portion seeing 2x subscription. Moreover, Shriram Properties will also launch its IPO tomorrow, which will run through Friday. The company aims to Rs 600 crore at a price band of Rs 113-118 a share.

On this episode of the Family Business Voice, Dr Nupur Pavan Bang talks about share-pledging — what it looks like in practice, where it works and what family businesses should avoid. Dr Bang, Associate Director of the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business in Hyderabad, recently co-authored a study on the impact of share pledging for Indian firms. While it dispels some of the negative myths associated with share pledging, Dr Bang’s research also calls for caution, advocating a balanced approach for family enterprises considering the practice. – In India, share-pledging has been very popular for decades now. Almost a quarter of all businesses listed on the National Stock Exchange of India have pledged their shares in some way. The average percentage of their holding that’s pledged is a staggering 44 per cent. – There have been many high-profile cases in the last couple of years where Indian family promoters lost ownership of their company because of share-pledging. – Despite these cautionary tales, the practice also has its benefits, freeing up capital for family enterprises to expand. Dr Bang’s ongoing research seeks to understand share-pledging in greater detail so that families can make informed decisions about the practice.

FSN E-Commerce Ventures, the parent company of Nykaa, debuted in the stock market at Rs 2,018 apiece yesterday, commanding a premium of 79 per cent over its issue price of Rs 1,125 on the National Stock Exchange. Backed by strong investor interest, the shares scaled a high of Rs 2,248, up 100 per cent versus the issue price, in the intra-day trade.   They, however, ended at Rs 2,208, up 96 per cent against the issue price. The strong debut also pushed Nykaa's market capitalisation over Rs 1-trillion mark, placing it among the top-60 most valuable companies on the BSE. Meanwhile, Nykaa owner Falguni Nayar's net worth, who owns about half of Nykaa, swelled to $6.5 billion courtesy the solid listing.   Going-forward, Vikas Jain, senior research analyst at Reliance Securities, suggests investors to partially book profit in the stock. He says:   The stock is up over 95% compared with issue price Any level around Rs 2,400 will be a good exit point New investors should wait for earnings before taking positions   Jyoti Roy, DVP- Equity Strategist at Angel One, on the other hand, suggests aggressive investors to hold the stock while new investors may buy at current levels. He explains:   Nykaa is trading at price-to-sales ratio of 43 times FY21 revenues This is a significant discount vs Zomato (54times FY21 revenue) Investors can buy stock at around Rs 2,200   Overall, as Nykaa remains one of the few profitable start-ups in India, belonging to the growing consumer Internet space, analysts expect it to be one of the greatest growth stories over the next decade. However, it needs to deliver consistently on the bourses to justify the market exuberance.   While for Thursday's session, volatility may remain high amid continuous foreign fund outflow and mixed corporate earnings. Besides, scheduled weekly expiry today will also lead to choppiness through the day. Overall, as stock-specific news flow, Q2 results, and global cues will guide the sentiment in the secondary market, investors are advised to maintain extra caution in the selection of stocks and focus more on risk management. In the primary market, public offers of Sapphire Foods and Latent View Analytics will be on investor radar today. Watch Video

Extending their winning streak into seventh straight session, benchmark indices closed at record closing peaks for the sixth day in a row amid stellar buying in PSU bank, metals, and IT stocks. The Nifty PSU Bank and Metal indices closed nearly 4 per cent higher while the Nifty IT index advanced 1.6 per cent on the National Stock Exchange as investors turned bullish on the sectors amid Q2 earnings season and rise in base metal prices. That apart, buoyancy in the Indian economy, increased domestic consumption, and industrial production nearing pre-Covid level further supported sentiment on the Street. According to reports, the Nomura Business Resumption Activity Index hit an all-time high of 108.8 for the week ended yesterday. This was higher than the 105-mark seen during the week. While labour participation increased to 41.6 per cent during the week, from 40.4 per cent, coal shortage led to a fall in power demand by 1.17 per cent. Overall, the 30-share BSE Sensex ended 459.64 points, or 0.75 per cent higher, at its new closing record of 61,766. It hit a lifetime high of 61,963 in the intra-day session. Similarly, the Nifty50 surged 138.5 points, or 0.76 per cent, to its all-time closing high 18,477 after touching a new intra-day record of 18,543 Infosys (up 4.47 per cent) was the top gainer in the Sensex pack, followed by Tech Mahindra, Tata Steel, ICICI Bank, ITC, Maruti, SBI and Axis Bank. On the other hand, HCL Tech, M&M, Dr Reddy's, Asian Paints, Bajaj Auto and Bharti Airtel were among the laggards, falling up to 2.4 per cent. Among individual stocks, shares of HCL Tech slipped 3 per cent to Rs 1,215 apiece on the BSE in the intra-day trade today after the management reiterated its guidance of double-digit dollar revenue growth and 19-21 per cent earnings before interest tax (EBIT) margin for FY22, but it lowered its Products and Platforms (P&P) growth to 0-1 per cent from low-single digits. While the stock ended 2.4 per cent down, it has corrected 11 per cent from its record high level of Rs 1,377 touched on September 24, 2021. Separately, shares of HDFC Bank 1 per cent to close at Rs 1,670 on the BSE as the lender's higher-than-expected restructuring of loans in the July-September quarter made analysts cautious in the near-term. Shares of Avenue Supermarts, meanwhile, cracked 19 per cent from record high level of Rs 5,900 per share hit in the intra-day trade to touch a low of Rs 4,850 on the back of profit booking. The company on Saturday had reported a twofold increase in its consolidated net profit at Rs 417.76 crore for the second quarter ended September 2021 (Q2FY22) and reported revenue growth of 47 per cent year-on-year (YoY) to Rs 7,789 crore. The stock, eventually, ended 8 per cent lower at Rs 4,895 apiece. Ultratech Cement, on the other hand, ended flat with a negative bias today post Q2 results. The Aditya Birla group firm reported a consolidated net profit of Rs 1,310.34 crore for the quarter ended September 2021 against Rs 1,310 crore in the year-ago quarter on account of sharp rise in coal and pet coke prices. However, its revenue from operations was up 15.69 per cent to Rs 12,017 crore. Among sectoral movers, shares of sugar companies rallied by up to 20 per cent on the BSE in today's intra-day trade on expectation of strong earnings growth. Vishwaraj Sugar Industries (up 20 per cent), Triveni Engineering and Industries (9 per cent), Balrampur Chini Mills (5 per cent) and EID Parry (India) (3 per cent) hit their respective record highs in the process. Shree Renuka Sugars, Dhampur Sugar Mills and Dwarikesh Sugar Industries gained between 3 and 5 per cent. That apart, the Nifty Metal index hit a record high of 6,300-mark, surpassing its previous high of 6,079.55 hit on October 14, 2021, amid rising base metal prices. Individually, Vedanta and Nalco surged 13 per cent, Hindustan Copper 12.6 per cent, Hindustan Zinc 11.6 per cent, Hindalco 5 per cent, and SAIL and JSW

Download the “65 Investment Terms You MUST Know to Reach Your Financial Goals In The Shortest Time Possible” for FREE by going to https://TodaysMarketExplained.com/ Trust us, this free gift will be your cheat sheet for reaching your financial goals in the shortest time possible! This episode's guest is Don Cuttone (https://drivewealth.com/). With new growing companies like Robinhood and Webull, investing has become more accessible to the average person than ever before. While this is exciting, it does come with some serious risks. This week Don Cuttone, CEO of DriveWealth Institutional, shares his insider knowledge about his own innovative company and the risks and future of retail investing, along with techniques and resources meant to help you become the best investor you can be. Donato J. Cuttone is CEO of DriveWealth Institutional and a member of DriveWealth's Board of Directors. Donato joined DriveWealth through the acquisition of his firm, Cuttone & Company, one of the largest independent NYSE Member firms. Founded in 1984, Cuttone & Company provided institutional execution services at the point-of-sale on the NYSE trading floor and across all U.S. Exchanges, ECNs, ATSs and alternative venues. Under Donato's leadership, the company expanded its business lines to include investment banking, wholesale execution, and algorithmic sales and trading. Donato serves on the Board of Directors of NYSE National, Inc., and previously as a Board Member on the National Stock Exchange. Donato has also developed and successfully launched businesses in proprietary trading and asset management, including AlgoPartners, LLC, a FINRA registered broker-dealer, with an innovative new business model that unlocked value in order flow and passed it back to the client, while maintaining exceptional execution quality. https://drivewealth.com/ https://twitter.com/DriveWealth Follow @TodaysMarketExplained on TikTok, Instagram, and YouTube to see short videos of all the best and most valuable moments from this episode! Connect with Brian Kasal and TME: To see the complete show notes, specific links to everything mentioned, and videos of the best moments from the episode please go to https://todaysmarketexplained.com/ https://www.tiktok.com/@TodaysMarketExplainedFollow https://www.instagram.com/TodaysMarketExplained https://www.youtube.com/channel/UCYjCaTkX698mc6yAFaFz4tgLike https://www.facebook.com/TodaysMarketExplained https://twitter.com/PodcastTME DISCLAIMER: This podcast is provided by FourStar Wealth Advisors for the general public and general information purposes only. This content is not considered to be an offer to buy or sell any securities or investments. Investing involves the risk of loss and an investor should be prepared to bear potential losses. Investment should only be made after thorough review with your investment advisor considering all factors including personal goals, needs and risk tolerance. FourStar is an SEC registered investment advisor that maintains a principal business in the state of Illinois. The firm may only transact business in states in which it has filed or qualifies for a corresponding exemption from such requirements. For information about FourStar's registration status and business operations please consult the firm's form ADV disclosure documents, the most recent versions of which are available on the SEC investment advisory public disclosure website at www.adviserinfo.sec.gov

The benchmark indices eyed a lackluster start to the day as investors mulled how to position themselves with the markets hovering at all-time high levels and mixed global setup. Further, with the IPO market in full swing, the volume in the secondary markets could again remain subdued. After the IPOs of CarTrade Tech and Nuvoco Vistas which opened for subscription on Monday, two new IPOs - one by Aptus Value Housing Finance and other by Chemplast Sanmar - will also kick off today. Aptus Value Housing Finance's IPO is priced at Rs 346-353 per share and looks to raise Rs 2,780 crore at the upper end of the price band. The company garnered Rs 834 crore from anchor investors on Tuesday. Meanwhile, Chemplast Sanmar's Rs 3,850-crore IPO is priced in the range of Rs 530-541 a share. The company collected over Rs 1,732 crore from anchor investors on Monday. Meanwhile, the IPO of CarTrade Tech was subscribed 41 per cent at end of Day 1 and Nuvoco Vistas 16 per cent. On the global market front, US stocks dropped from record highs amid concerns about pullback in stimulus and a resurgence in the fast-spreading delta virus variant. The Dow Jones Industrial Average fell 0.3 per cent and the S&P 500 lost 0.09 per cent. The Nasdaq Composite added 0.16 per cent. In Asia, too, the stocks drifted. Topix index rose 1 per cent, Australia's S&P/ASX 200 and Hang Seng Index added 0.2 per cent each. Meanwhile, Kospi index fell 0.6 per cent. Amid this backdrop, SGX Nifty was trading 25 points down at 16,248 around 7.40, indicating a flat-to-negative start for Dalal Street. That apart, focus will also remain on the commodity markets, as global gold prices continued to languish at multi-month lows, hurt by a rise in US dollar and raised bets of Federal Reserve tapering stimulus earlier than expected. Spot gold was little changed at $1,730.47 per ounce. Oil although stabilised after hitting three-week lows but the gains are likely to be limited with the virus concern still looming. Brent crude was up by 0.4 per cent at $69.34 a barrel after falling 2.3 per cent on Monday. Now, a look at stock-specific triggers that are likely to sway the market today. Zomato, Coal India, Lupin, Power Grid Corporation of India, Ashoka Buildcon, Deepak Fertilisers, Eveready Industries, KIMS, Max Financial Services, Motherson Sumi Systems and Whirlpool of India are among over 200 companies slated to post their quarterly earnings today. Shree Cement posted Q1FY22 PAT at Rs 630 crore before adjustment, up by 90.7 per cent versus Rs 330 crore posted in the same quarter last year. The figure declined by 21 per cent versus Rs 798 crore reported at the end of March 2021 quarter. It also reported Rs 3,635 crore in consolidated operational revenues, which was 46 per cent more than Rs 2,487 crore in the corresponding quarter of 2020-21 . Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries, along with a few other investors, has announced an investment of $144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The National Stock Exchange will include 10 stocks to the F&O segment with effect from August 27. These include Can Fin Homes, Dixon Technologies, Hindustan Aeronautics, Indian Energy Exchange, IndiaMART InterMESH, Ipca Lab, MCX, Oracle Financial, Polycab India and Syngene International. The Securities Appellate Tribunal on Monday delivered a split verdict on the tussle between PNB Housing Finance and markets watchdog Sebi over the proposed Rs 4,000 crore investment by Carlyle Group, a development that will continue to keep the much-needed deal for the funds-starved lender in limbo.

After clocking record closing highs in Thursday's session, the benchmark indices eye a sombre start to the day, mainly on account of weakness in global peers. But the ongoing slide in fresh Covid cases is likely to cap the downside. Besides, the outcome of the RBI monetary policy committee and commentary by Governor Shaktikanta Das will be closely tracked by investors and could sway the market mood later today. Expectations are ripe that the MPC may hold the key interest rate near an all-time low of 4%. Stock-specific moves, Covid-19 related updates and crude price movement could further sway the market. At 7.40 am, SGX Nifty was down 17 points at 15,678. On the global market front, US stocks ended lower in the overnight session, with tech shares dragging on the S&P 500 and Nasdaq, as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes. The Dow Jones Industrial Average 0.07%, the S&P 500 lost 0.36% and the Nasdaq Composite dropped 1.03%. Asian stocks followed Wall Street lower. Japan's Nikkei fell 0.8% early in the Asian session, while MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.3%. Chinese blue chips slipped about 0.1% at the open. Now, a look at the stock-specific triggers that are likely to guide the market today PNB, Bank of India, Bharat Forge, Jubilant Pharmova and NIIT are among 34 companies slated to post their quarterly numbers today. Shares of telecom equipment manufacturers will be in focus today after the Department of Telecom issued guidelines on the implementation of production-linked incentive (PLI) schemes for equipment manufacturers in the sector. Gujarat State Petronet reported a higher consolidated profit at Rs 577.5 crore for the quarter ended March 2021 as against Rs 497.67 crore in the same quarter last fiscal. Mahindra & Mahindra will be in focus today after the Ministry of Defence signed a contract with Mahindra Telephonics Integrated Systems for procurement of 11 Airport Surveillance Radars with Monopulse Secondary Surveillance Radar for Indian Navy and Indian Coast Guard. The procurement will be made under the ‘Buy & Make' category and will cost MoD Rs 323.47 crore. The National Stock Exchange, on Thursday, added four stocks, namely -- Coromandel International, Aditya Birla Fashion, Metropolis Healthcare and The India Hotels -- for trading in the futures and options segment. Their derivative contracts will be available to traders for trading from June 25.

A range-bound trade ended flat on Tuesday as indecision weighed on investors' minds. Tracking solid global cues, the domestic equity indices opened gap-up with the frontline S&P BSE Sensex and NSE's Nifty50 indices extending their gains to surge as high as 50,961 and 15,294 levels, respectively in the intra-day deals. However, profit-booking at higher levels and selling in financial counters put a lid on gains. That said, expectations that the government is preparing a stimulus package for sectors worst affected by the deadly coronavirus wave, aiming to support an economy struggling with a slew of localized lockdowns, supported indices. According to a Bloomberg report, the finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies. The discussions are at an early stage and no timeline for an announcement has been decided. Given this, the BSE barometer of 30 shares gyrated within a band of 487 points and eventually settled 14 points lower from previous day's closing at 50,637.5 levels. On the NSE, the Nifty50 defended the psychological level of 15,200 and shut shop at 15,208, up 11 points. Up to 2 per cent decline in heavyweights such as HDFC Bank, Reliance Industries, Axis Bank, Kotak Bank, HDFC, ITC, and IndusInd Bank largely dragged the indices lower. Meanwhile, Infosys, Asian Paints, TCS, Titan Company, and ICICI Bank, which gained between 0.4 per cent and 3.5 per cent, supported the indices. Overall, JSW Steel, Asian Paints, Titan, Eicher Motors, Britannia, and Bajaj Finserv were the top gainers on the benchmark indices while HDFC Bank, HDFC Life, Axis Bank, IndusInd Bank, Coal India, and Reliance Industries were the top laggards. In the broader markets, the S&P BSE MidCap index slipped 0.3 per cent as against the S&P BSE SmallCap index that rose 0.3 per cent. From a sectoral view point, all financial indices -- the Nifty Bank, Private Bank, PSU Bank, and Financial Services indices -- slipped between 0.9 per cent and 1.4 per cent. On the upside, the Nifty Media index zoomed 3 per cent, followed by the Nifty IT index (up 1 per cent) and the Metal index (0.6 per cent). Global indices   European stocks advanced on Tuesday as easing inflation fears lifted global market sentiment. The pan-European STOXX 600 index rose 0.3 per cent to an all-time high of 446.5 points after it surpassed its early-May peak of 446.19. Germany’s DAX also gained 0.8 per cent and hit a fresh peak. Meanwhile in Asia, Japan's Nikkei added 0.7 per cent, South Korea's Kospi gained 0.9 per cent, and China's Shanghai Composite zoomed over 2 per cent. A look at some of the top developments and buzzing stocks of the day: >> Shares of Barbeque Nation Hospitality hit 20 per cent upper circuit at Rs 767.50 on the BSE today after the company's consolidated Ebitda more-than-doubled at Rs 56.1 crore in the March quarter. The company's consolidated revenues grew 18.5 per cent year on year (YoY), while same store sales grew 20 per cent. >> Shares of Amara Raja Batteries declined 6.5 per cent to Rs 732 on the National Stock Exchange in the intra-day trade after 39.12 million equity shares of the battery maker changed hands on the counter. According to a media report, Clarios was to sell 17.1 million shares for an aggregate of $174 million today. The floor price for the same had been fixed at Rs 746 per share. >> Asian Paints and Berger Paints India surged over 2 per cent on the BSE and hit fresh record peaks of Rs 2,922 and Rs 827, respectively on expectation that strong volume growth would sustain along with potential demand shift from unorganised segment. In the past one month, these stocks have outperformed the market by surging 15 per cent each, as compared to 6 per cent gain in the S&P BSE Sensex. >> On the earnings front, a report by Motilal Oswal Financial Services suggests that Nifty FY22 earnings may largely rem

The National Stock Exchange is the most popular exchange in India, seeing 95% of all market activity. Being the first exchange in India to be hosted online, the once disruptive entity is facing constant glitches and outages. Factoring this in, the Securities Exchange Board of India seeks to break up its dominance, with a much criticised move. Story originally reported by Anand Kalyanaraman How India's National Stock Exchange turned from solution to problem https://the-ken.com/story/how-nse-india-turned-from-solution-to-problem/   Stonks https://www.youtube.com/watch?v=8E1M8f3PYQ8    Hosts: Anushka Chhikara  Olina Banerji   Guests: Anand Kalyanaraman, staff writer Debashis Basu, Moneylife Nithin Sasikumar, editor of Beyond the First Order Sarthak Mishra, student trader   Music and editing by Sameer Rahat from Baqsa Studios.   Special offer for our podcast listeners: https://the-ken.com/podcastoffer/ Follow us on twitter: https://twitter.com/TheKenWeb Psst share your feedback with us on podcast@the-ken.com

The economic fallout of the second, stronger, and more lethal wave of Covid-19 butchered bulls on Dalal Street on Monday as investors sold shares worth Rs 3.6 trillion. And not just domestic investors, FPIs too seem to be second-guessing the India recovery story. The foreign portfolio investors have pulled out a net Rs 4,615 crore from Indian markets in April so far which is also putting pressure on the rupee. The domestic currency on Monday slipped 53 paise and ended at 74.88 per US dollar. While the defensive counters witnessed restricted profit-booking, cyclical sectors cracked hard at the bourses. On the National Stock Exchange, the Nifty Pharma index was the only index that ended in the green, up 0.17 per cent, after media reports suggested that Prime Minister Narendra Modi is set to hold a meeting with top pharma firms later this evening to discuss supply crunch of various Covid-related drugs.   Among other defensive sectors, the Nifty IT and FMCG indices ended 0.33 per cent and 0.9 per cent down, respectively. Among cyclicals, the Nifty PSU Bank, Nifty Bank, Nifty Private Bank, and Nifty Financial Services indices slipped between 2.5 per cent and 4 per cent as concerns over near-term growth momentum and asset quality improvement due to the pandemic-induced local lockdowns weighed on sentiment. AU Small Finance Bank, IDFC First Bank, RBL Bank, ICICI Bank, Axis Bank, IndusInd Bank, State Bank of India, Bajaj Finance, and HDFC slipped between 5 per cent and 7 per cent in the intra-day trade. The Nifty Auto, Realty, and Metal indices, meanwhile, tumbled up to 4 per cent. Overall, the S&P BSE Sensex tanked 1,469 points in the early deals to hit a low of 47,363 levels. On the NSE, the Nifty plummeted 427 points to 14,191 levels. However, buying at lower levels in the pharma and IT space lifted Sensex and Nifty nearly 600 points and 170 points off lows. At close, the Sensex index quoted 47,949 levels, down 883 points while the Nifty50 was at 14,359 levels, down 258 points. Both the indices ended at 1-week lows, down 1.8 per cent each. Britannia, Dr Reddy's Labs, Infosys, Wipro, and Cipla were the only gainers on the Nifty index, up between 0.6 per cent and 1.5 per cent. On the downside, Adani Ports, Power Grid, ONGC, Hero MotoCorp, IndusInd Bank, Bajaj Finserv, Kotak Mahindra Bank, and HDFC Life were the top drags, down up to 4 per cent. In the broader markets, the S&P BSE MidCap and SmallCap indices declined 1.9 per cent and 1.6 per cent, respectively. >> Individually, shares of Macrotech Developers listed at Rs 439, a 10 per cent discount from its issue price of Rs 486 per share. The stock listed at Rs 436 on the National Stock Exchange. It eventually ended at Rs 463 per share, down 4.7 per cent against the issue price. >> That apart, shares of Glenmark Pharmaceuticals hit a 23-month high of Rs 587.50, up 3 per cent, on the BSE in the intra-day trade today after the company announced that its API division, Glenmark Life Sciences, is planning to raise funds via an initial public offer. Glenmark Life Sciences, on April 16, filed a draft red herring prospectus with Sebi for an IPO, comprising a fresh issue of up to Rs 1,160 crore and an offer for sale of up to 7.3 million equity shares. The stock settled 1 per cent higher at Rs 579 apiece. >> Market participants also offloaded shares of private lender HDFC Bank on Monday as near-term concerns on the bank’s growth prospects weighed on investors’ minds. Shares of the Mumbai-based bank skidded 4 per cent in the intra-day trade but eventually settled 1 per cent lower at Rs 1,412 apiece. Despite the robust credit growth and stable asset quality in the March quarter, analysts believe the second wave of the coronavirus may delay growth and asset quality normalization in the near-to-medium term. Global markets   Contrary to Indian markets, world shares traded near record highs as markets were generally upbeat about the prospects for a global economic

The benchmark indices witnessed a see-saw trade on Friday as markets failed to breach crucial resistance zones at the higher levels. As per technical charts, if the frontline S&P BSE Sensex and the Nifty surpass their psychological levels of 50,000 and 15,000 levels, respectively, then the indices may log a 4-per cent rally in the short-term. However, with the Covid-19 situation in the country getting grimmer day by day, market participants have stayed on the sidelines. During Friday's session, the Sensex index dropped 250 points from the day's high of 49,089 to settle 28 points, or 0.06 per cent higher at 48,832. The NSE's Nifty50, on the other hand, ended at 14,618 levels, up 36 points or 0.25 per cent. The index had reached an intra-day high of 14,698. For the week, both the indices have slipped 1.5 per cent each. Wipro, which jumped 10 per cent in the intra-day trade and hit a record high of Rs 474 on the NSE, ended as the top gainer (up 9 per cent) on the Nifty after clocking its best performance in the March quarter in a decade. ICICI Securities said that the key highlights of the quarter were healthy deal wins, up 16.7 per cent QoQ, to $1.4 billion, healthy net addition of 7,400 employees, and higher offshore, up 180 bps.   That apart, Hindalco, Asian Paints, Cipla, BPCL, HCL Tech, and UltraTech Cement were the other best performing stocks on the Nifty, up in the range of 2 per cent to 4 per cent. On the downside, Tata Steel, L&T, ICICI Bank, SBI, Bajaj Finance, and JSW Steel slipped up to 2 per cent to end as top drags on the index. Investor participation in the broader markets, however, remained strong with the S&P BSE MidCap and SmallCap indices settling 1.2 per cent and 1.05 per cent higher, respectively. >> Among the key buzzing stocks in the broader markets include those of SBI Cards and Payment Services that traded higher for the third straight day, advancing 8 per cent to Rs 976 on the BSE in the intra-day trade, on the back of heavy volumes. In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021. According to reports, global lender Citi's exit from retail banking business in India is likely to pave the way for consolidation in the Indian financial sector, eying for an increased market share across business verticals. Analysts believe SBI Card could be one of the beneficiaries along with ICICI Bank and Axis Bank. >> Shares of DCM Shriram, meanwhile, moved higher by 20 per cent to hit an all-time high of Rs 664 on the National Stock Exchange, in the intra-day trade on Friday, on the back of heavy volumes. The stock has surpassed its previous high of Rs 637, touched on May 23, 2019. It ended 18 per cent higher on the NSE today. >> Shares of multiplex operators like PVR and Inox Leisure, on the other hand, continued to remain under pressure, hitting seven-month lows on the BSE in intra-day trade after Delhi Chief Minister Arvind Kejriwal announced sweeping restrictions in a bid to break the chain of Covid-19 infections in the city. Among individual stocks, PVR slipped 3 per cent to Rs 1,030, while Inox Leisure dipped 2.5 per cent to Rs 248.45 on the BSE in intra-day trade today. Both these stocks are trading at their lowest level since September 2020. >> On the earnings front, Mid-tier IT firm Mindtree on Friday reported a consolidated net profit of Rs 317.3 crore for the March quarter of fiscal year 2020-21 (Q4FY21), up 53.4 per cent from previous year’s profit of Rs 206.2 crore. It also declared a dividend of Rs 17.5 per share. Ahead of the result, shares of the firm ended 0.17 per cent higher at Rs 2,067.6 apiece on the BSE. Sectorally, the Nifty Pharma index ended 2 per cent higher while the Nifty Auto, IT, Metal, and FMCG indices gained between 0.6 per cent and 1.2 per cent. On the downside, the Nifty Bank, PSU Bank, and Realty indices slipped up to 0.6 per cent.

Snapping their 3-day winning streak, domestic equity markets traded range-bound in the negative territory on Friday, with a few episodes of gains. Amid mixed global cues and record Covid-19 cases back home, coupled with reports of vaccine supply crunch, the benchmark indices dropped 0.3 per cent today. Among headline indices, the S&P BSE Sensex ended the day at 49,591 level, down 155 points. 50 per cent of the constituents ended the day in the red with Bajaj Finance (down 3 per cent), Ultratech Cement, NTPC, ICICI Bank, Axis Bank, IndusInd Bank, and Reliance Industries leading the list of losers. On the upside, Sun Pharma, HUL, Tech Mahindra, Titan Company, Dr Reddy's Labs, and HCL Tech were the top gainers on the index, up in the range of 1 per cent to 3.5 per cent. On the NSE, the 50-share barometer settled 39 points down at 14,835 levels, dragged down by UPL, Tata Steel, Coal India, and Axis Bank. Trends in the broader markets were mixed as the S&P BSE SmallCap index closed 0.7 per cent higher while the S&P BSE MidCap index dipped 0.07 per cent. The SmallCap index hit fresh record peak of 21,667, for second day in a row on the back of gains in Srei Infra, Butterfly Gandhimathi, Kilitch Drugs, Subex, Bank of Maharashtra, Aarti Surfactants, Vimta Labs, and Sasken Technologies.   Among individual stocks, shares of Srei Infrastructure Finance Limited hit 20 per cent upper circuit at Rs 7.02 on the BSE after its subsidiary Srei Equipment Finance Limited said it has received expression of interest for up to $250 million capital infusion in the company from international private equity (PE) funds. Those of Khadim India, meanwhile, extended their winning run to the fourth day in a row and jumped over 7 per cent in the intra-day trade to hit a high of Rs 159 on the BSE following a change in the credit rating of the company by rating agency ICRA. The agency has revised long term credit rating on the company's overall borrowings of Rs 204 crore to BBB- from BBB, although, it tweaked the outlook to 'Stable' from 'Negative'. Shares of Zensar Technologies too extended gains to the third straight day on Friday and climbed nearly 6 per cent after the company announced a strategic partnership with US-based Claimatic. Following this development, the stock of Zensar Technologies jumped 5.70 per cent on the BSE in intra-day trade to touch a high of Rs 290. Sectorally, investors appeared to be defensive with the Nifty Pharma index ending over 3 per cent higher. The Nifty IT and FMCG indices, meanwhile, settled 0.8 per cent higher each. Shares of PSU Banks too outperformed at the bourses with Bank of Maharashtra skyrocketing 15 per cent on the National Stock Exchange in the intra-day trade while Indian Overseas Bank surged 12 per cent, and Central Bank of India jumped 10 per cent after a Buisness Standard report said that senior officials of the Niti Aayog, the Reserve Bank of India (RBI), and the finance ministry’s financial services and economic affairs departments are set to meet on April 14 to discuss the potential candidates for privatisation. The index closed 2 per cent higher today after ralling 5 per cent in the early morning deals. On the downside, the Nifty Bank, Private Bank, and Auto indices slipped up to 1 per cent. In the primary market, the three-day IPO of Macrotech Developers sailed through on the final day and was subscribed 1.34 times till about 4 pm on the last day of the issue. Global markets   MSCI’s broadest gauge of world stocks set a record high in Asian trading, though it was down 0.1 per cent by close. In Asia, Japan’s Topix gained 0.6 per cent and Australian stocks hovered near a 13-month high, while South Korea’s Kospi touched the highest intraday level since mid-February. Chinese shares, however, slid 1.5 per cent, as robust domestic inflation data raised worries over policy tightening. European stocks, however, were subdued on Friday, but were on cour

It's difficult to stay positive when everyone around you is negative. In this episode, Aastha Almast a co-founder from the New Shop stops by the show to share how she was able to push through all obstacles she has faced. We talk about starting as a stockbroker and ultimately becoming an entrepreneur. ~ ~  ~Aastha Almast is the Co-founder of The New Shop, a venture backed and fast growing omni-channel 24/7 convenience store chain in India. She wants to build the largest retail chain in India, with a mission to make modern retail more accessible to the next billion. The New Shop is present at prominent transit points such as railway stations and neighborhoods in India.Previously, co-founded 2 startups -  a smartphone gaming app company and a leading global Online Reputation Management company that had Bollywood celebrities, HNIs and MNCs as clients ; She is a serial entrepreneur, who is always looking for solutions to simplify businesses - making them more productive and efficient. She started working while still in school when she landed a role in a Bollywood film when she was 10 years old. While studying Bachelor’s, she joined a stockbroking firm making her one of the youngest certified stock-broker from National Stock Exchange at the age of 18. She has also previously worked in Bank of America and S&P Global. She has lived an adventurous life and has amassed 15 years of diversified experience in entertainment, finance, technology, and retail.She believes spirituality is the guiding force in her life and practices Vipassana meditation every day. She is known as the happiest and most optimistic person in her circles. However, she wasn’t always the happy person who people know her as now. She has evolved from a pessimist to an eternal optimist, and it took her 30 years and many hard lessons in that journey to make her realize who she truly is.~ ~ ~Support the show on Patreon @norlundCheck out more details about the show at https://www.chrisnorlund.com/podcastFollow on Twitter @chris_norlundFollow on Instagram @norlundStay positive and thank you so much for listening!

Domestic indices started gap-up and extended their rally to clock gains of 490 points from previous day's closing after the US Federal Reserve projected the US economy would grow by 6.5 per cent in 2021 - the largest annual output growth since 1984. However, the BSE barometer of 30 shares wiped off the gains completely and plunged 1,334 points from day's high to hit a six-week low of 48,962. Markets came-off sharply in the noon deals on Thursday as US Treasury yields recorded a steep uptick of 5 per cent to hit 1.74%, causing equity holders to unwind their long positions. Besides, a single-day increase of over 35,800 Covid-19 cases in India, the highest since December 6, 2020, made market participants question the sustainability of the economic recovery. While Mumbai's mayor Kishori Pednekar said imposing a night curfew is necessary in the city, Punjab CM Amarinder Singh announced a two-hour extension in the night curfew in the state's nine worst-affected districts. Delhi's CM Arvind Kejriwal, on the other hand, held a review meeting and extended the timing of vaccination till 9 PM from 5 PM. Given this, the S&P BSE Sensex index eventually ended at 49,216.5 levels, down 585 points or 1.2 per cent. On the NSE, the Nifty50 hit an intra-day high of 14,875 but dropped nearly 400 points to hit a low of 14,479. By close, the 50-share index was quoting at 14,558 levels, down 163 points or 1.1 per cent. This was the indices fifth consecutive session of declines. HCL Tech, Infosys, Dr Reddy's Labs, NTPC, TCS, Reliance Industries, and Tech Mahindra, all down between 2 per cent and 3.5 per cent, were the top losers on the Sensex. Meanwhile, Divis Labs, GAIL, Hero MotoCorp, Axis Bank, Wipro, and Cipla were the additional losers on the Nifty. On the upside, ITC, Bajaj Auto, Bharti Airtel, M&M, Maruti Suzuki, ONGC, HDFC, Power Grid, and Bajaj Finance closed as the top gainers. The broader markets fell in-line with their large-cap counter with the S&P BSE Mid and SmallCap indices sliding 1.3 per cent and 1.6 per cent, respectively at close. Individually, shares of Bharat Heavy Electricals Limited rallied 7 per cent to Rs 53.80 on the BSE in intra-day trade on Thursday after the company said it has emerged as the lowest bidder for fleet mode tender floated by Nuclear Power Corporation of India. The shares ended 4 per cent higher at Rs 52 apiece. That apart, shares of Dixon Technologies hit a new high following a 14 per cent rally to Rs 4,588 on the BSE in intra-day trade after the stock turned ex-stock split in the ratio of 1:5 i.e. from Rs 10 to Rs 2. The stock of the consumer electronics company surpassed its previous high of Rs 4,300 (adjusted to stock split) touched on March 15, 2021. The shares eventually settled around 6 per cent higher on the BSE. Lastly, shares of Bharti Airtel recovered 2 per cent from day's low and ended marginally higher after the telecom firm said Investment firm TPG's Rise Fund will invest $200 million in Airtel Africa's mobile money business at a valuation of $2.65 billion. All the key sectoral indices, barring FMCG and Metal, were painted in red with the Nifty IT index, down 3 per cent, leading the list of losers. Shares of information technology companies skid up to 5 per cent on the National Stock Exchange in intra-day trade on Thursday on account of profit booking ahead of Accenture's second-quarter result fo fiscal year 2021. Among individual stocks, Infosys and HCL Technologies slipped 5 per cent each while Tata Consultancy Services (TCS), Tech Mahindra, Wipro, Mphasis and Coforge were down in the range of 3 per cent to 4 per cent on the NSE. Accenture, in a post-market hour development, reported revenue growth of 8 per cent in US dollar terms at $12.1 billion, and of 5 per cent in local currency. It now expects full-year revenue growth of 6.5% to 8.5% in local currency; and operating margin of 15% to 15.1%. That apart, the Nifty PSU Bank

An across-the-board sell-off dragged the benchmark indices around a per cent lower on Friday as sombre global mood hit markets during the second-half of the trading session. US 10-year Treasury yields rose again on Friday, back above 1.6 per cent, and were on track to rise for the seventh straight week. Add to it, the dollar index rose 0.4 per cent denting sentiment further. Against this backdrop, gains in Asian stock markets proved tough to match for most of European peers, after they hit a 1-year high in the prior session. Nasdaq Futures, which tumbled over 1.5 per cent, or 200 points, also suggested a lower start for Wall Street later in the day. Japan's Nikkei added 1.7 per cent - but this faded out as Europe opened for business. Britain’s FTSE 100 and the STOXX Europe 600 slipped around 0.5 per cent each, weighing on the MSCI World Index, which was down 0.1 per cent. Back home, the equity indices snapped their three-day winning streak and settled 0.9 per cent lower. The frontline S&P BSE Sensex dropped 487 points, or 0.95 per cent, to end the day at 50,792 levels. From the intra-day high of 51,822, the index plunged 1,284 points to hit an intra-day low of 50,538. On the NSE, the Nifty index held the 15,000-mark to close at 15,031 levels, down 144 points, or 0.95 per cent. In the intra-day trade, the index hit a low of 14,954. 26 of the 30 constituents on the Sensex and 42 of the 50 constituents on the Nifty ended the day in the red. Hindalco, Bajaj Auto, HDFC Life, SBI Life, Maruti Suzuki, Adani Ports, IndusInd Bank, ICICI Bank, Hero MotoCorp, SBI, and Reliance Industries, all down between 2 per cent and 3 per cent, were the top laggards on the indices. On the flipside, PowerGrid, Titan Company, Infosys, ONGC, Bajaj Finance, Indian Oil Corp, BPCL, and JSW Steel remained the top gainers on the benchmark indices. In the broader markets, the S&P BSE SmallCap index fended the fall and settled 0.14 per cent higher, supported by gains in Apollo Pipes, Jindal Poly Firms, MTNL, BGR Energy Systems, Delta Corp, and Meghmani Organics. The MidCap counterpart, however, fell 0.45 per cent. Individually, shares of IDBI Bank surged 17 per cent to Rs 44.80 on the BSE in intra-day trade after the Reserve Bank of India removed the lender from the prompt corrective action framework on improving finances and credit profile. This eases the rules for the lender to expand its business and also sets the stage for strategic divestment by the government which holds a 45.48 per cent stake in the firm. The stock ended 10 per cent higher at Rs 42 per share on the BSE. That apart, shares of Indian Energy Exchange advanced 13 per cent to hit a new high of Rs 349 on the BSE in intra-day trade after the company entered into a strategic partnership with the National Stock Exchange of India and Oil and Natural Gas Corporation (ONGC) to build gas markets. The stock, which surpassed its previous high of Rs 322.85, touched on February 11, 2021, ended 6.5 per cent higher at Rs 328 on the BSE. Lastly, shares of India Glycols slipped 9 per cent to Rs 529; down 13 per cent from day’s high, on the BSE in the intra-day trade after its board approved the transfer of the company's BioEO (speciality chemicals) business to IGL Green Chemicals Private Limited (IGCPL), a wholly owned subsidiary. BioEO accounted for 13 per cent of the total revenue and 26 per cent of the total net-worth of India Glycols, as on March 31, 2020. The stock ended around 8.7 per cent lower at Rs 528 per share. Sectorally, all the NSE indices were painted red with the Nifty Auto and PSU Bank indices down around 2 per cent each. The Nifty Bank, Financial Services, FMCG, Metal, and Private Bank indices, on the other hand, slipped nearly 1 per cent.   Here are the other top developments of the day: >> The Rs 760-crore IPO of Anupam Rasayan has been fully subscribed till 4:00 PM on the first day of the issue. >>  In another development, BNP Paribas Cardi

Investor wealth continued to soar at the bourses as a growth-driven Budget to fire the pandemic-hit economy impressed investors and analysts alike. Market-cap of all the BSE listed firms neared Rs 197-trillion mark as benchmark indices soared 2.5 per cent at the bourses. Among the headline indices, the S&P BSE Sensex zoomed 1,197 points, or 2.46 per cent, to settle the day at a fresh record closing peak of 49,798 levels. The index reclaimed the 50,000 level in intra-day deals and hit a high of 50,154 earlier today. Now, if analysts at Morgan Stanley are to be believed, the index is on course to hit the 55,000 mark by December 2021 – an upside of around 10 per cent from the current levels. According to Morgan Stanley, very gradual fiscal consolidation glide path with looser-than-expected fiscal policy; good quality spending mix and reasonable assumption on fiscal math; and focus on privatisation, asset monetisation and long-term funding for infrastructure investments are the three key themes from the Budget 2021 that will help the index achieve the feat. The broader Nifty50, meanwhile, topped the 14,600-mark today and closed at new closing peak of 14,648 levels, up 367 points or 2.57 per cent. UltraTech Cement, SBI, HDFC Bank, and L&T surged between 5 per cent and 7 per cent on the BSE and remained the top gainers on the Sensex index. Meanwhile, Shree Cement, Tata Motors, and Hindalco, advanced between 6 per cent and 15 per cent, and were the top gainers on the Nifty50. The broader markets too rallied today but once again, underperformed their benchmark peers. The S&P BSE MidCap and SmallCap indices ended 2.26 per cent and 1.56 per cent higher, respectively. The Nifty sectoral indices were painted green, with Nifty Auto and the Nifty Realty indices, up 4 per cent each. Meanwhile, the Nifty Bank index surged over 1,179 points to end at a fresh closing high of 34,268. The index hit a lifetime high of 34,652 in the intra-day trade today. Coming to individual stocks, Indigo Paints made a solid debut at the bourses on Tuesday, listing at Rs 2,607 apiece, a 75 per cent premium against the issue price of Rs 1,490 on the National Stock Exchange and BSE. The stock settled Rs 3,119 on the BSE, up 109 per cent against the issue price. That apart, shares of Tata Motors rallied 17.6 per cent to Rs 329 on the NSE in Tuesday's intra-day trade after the company retained positive momentum and reported a 15 per cent month-on-month and 94 per cent year-on-year growth in domestic passenger vehicles sales during the month January 2021. The stock ended 17% higher today. Moreover, shares of capital goods companies were on a roll on Tuesday, with the S&P BSE Capital Goods index surging 4 per cent in intra-day deals to hit an all-time high after the government's strong capital expenditure (capex) push in the Budget 2021. Individually, Larsen & Toubro, Havells India, Bharat Heavy Electricals, Kalpataru Power Transmission, Thermax, Finolex Cables, ABB and Siemens surged in the range of 3 per cent to 8 per cent in the intra-day trade. Shares of Reliance Industries ended 1.6% higher while that of Future Enterprises jumped 5% after the latter rejected Delhi HC's proposal for entering into talks with Amazon for amicable resolution. On the earnings front, mortgage lender HDFC on Tuesday reported a 65 per cent year-on-year decline in standalone net profit to Rs 2,925.83 crore for the quarter ended December 2020. Its consolidated net profit, however, came in at Rs 5,177 crore, clocking an improvement of 35 per cent YoY. Meanwhile, Escorts reported an 83.4% YoY jump in net profit at Rs 281 crore for Q3FY21, along with a 23.5% YoY increase in revenue at Rs 2,017.4 crore. Global stock markets gained for a second day on Tuesday, spurred by increased optimism about economic stimulus and global recovery, while retail investors retreated from GameStop and their new-found interest in silver. Positive momentum from Asia carried

Nifty का full form National Stock Exchange Fifty है और इसे National Fifty के नाम से भी जाना जाता है. यह दो शब्द National और Fifty को मिलाकर बना है. Nifty 50 NSE (National Stock Exchange) में लिस्टेड Top 50 कंपनियों के पर अपनी नज़र रखता है. यह NSE की  शिर्ष  50  कंपनियों  का सूचकांक है  जो कि हमे बाजार की स्थिति से अवगत करवाता  है. --- Send in a voice message: https://anchor.fm/dr-rakshit-bagde/message

A once in a lifetime opportunity to explore the inner workings of a billion dollar organization with Nikhil Kamath, the Co-Founder of Zerodha, India's first and largest online trading platform. After dropping out of high school and briefly playing professional chess, Nikhil and his brother set out to revolutionize financial investing with zero external capital and a huge appetite for risk. Today, Nikhil has been recognized as Forbes' “30 Under 30” in Finance, Forbes India's maiden 'Tycoons Of Tomorrow', and the National Stock Exchange's “Best Retail Brokerage Award” consecutively in 2018 and 2019! In this episode of Rising High, Rana addresses: ✔️How he bootstrapped his business to consistent free cash flow ✔️Nurturing an office culture with no hierarchies ✔️His greatest learnings in the stock market ✔️The synergies of a trustworthy business partner I hope you enjoy this episode. Check me out and follow me on: Instagram: instagram.com/risinghighpodcast?igshid=19p5b7gdazxns LinkedIn: www.linkedin.com/in/ananya-dugar-456689150/

Bulls returned to Dalal Street in the last hour of trade on Tuesday after the chief executive officer of BioNTech said the German pharmaceutical company is confident that its coronavirus vaccine would work against the UK variant, but needed further studies to be completely sure. Sentiment was also positive after the US Congress on Monday approved an $892 billion coronavirus aid package, throwing a lifeline to the nation's pandemic-battered economy. That apart, official data released on Tuesday showed that Britain's economy recovered quicker than previously thought in the third quarter. Gross domestic product grew by a record 16 per cent from July to September, revised up from a previous estimate of 15.5 per cent. The benchmark S&P BSE Sensex rebounded 895 points from the day's low and settled 453 points, or 0.99 per cent, higher at 46,007 levels on the BSE. The index had slipped to 45,112 mark in the intra-day deals. The broader Nifty50, on the other hand, clawed back above the 13,400-mark and closed at 13,466 level, up 138 points or 1.03 per cent. From the day's low of 13,192, the index settled 274 points higher. On the sectoral front, all the key indices ended the day in the green. IT stocks outperformed the markets with the Nifty IT index and Infosys hitting their respective record highs on the National Stock Exchange. At close, the Nifty IT index was 3.3 per cent higher at 23,612 on the NSE. It hit a fresh record high of 23,681 in the intra-day trade. Among individual stocks, Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro Infotech, Coforge and Mindtree surged up to 6 per cent on the NSE today. The other outperforming sectoral index on the NSE was the Nifty Pharma index that settled 2 per cent higher. On the downside, shares of IDBI Bank skid 11 per cent on the BSE after listing 372 million equity shares allotted to qualified institutional buyers (QIBs). In the intra-day trade, it tanked 19%. The broader markets, meanwhile, snapped their 3-day losing streak with the S&P BSE MidCap index and S&P BSE SmallCap indices settling 1 per cent higher each at 17,252 and 17,118, respectively. In the primary market, the initial public offer of Antony Waste Handling Cell was subscribed 3.3 times till 3:45 pm. Global markets-- European stocks steadied on Tuesday with the broad Euro STOXX 600 up 1.2%. It was on course for its biggest one-day jump in over five weeks. That apart, German and French indices added 1.3% each. Earlier, MSCI's gauge of Asia Pacific stocks outside Japan fell 0.8%, dragged down by Hong Kong’s Hang Seng Index and China's benchmark CSI300 Index. At 4:10 pm, the Dow Jones Futures were 45 points or 0.15% lower indicating a flat start to indices on Wall Street later today.

The Indian markets extended the bull run for the fifth straight week, with the benchmark index Sensex rising by more than 2 per cent last week to scale the 45,000 level for the first time. The broader Nifty50 also finished the week at a record closing level of 13,259. Amid lack of fresh domestic cues, global developments are expected to dictate the market trend this week. Besides, news related to coronavirus situation, Covid vaccine, US stimulus, and macro data will also be in focus. Meanwhile, the Serum Institute of India on Sunday became the first indigenous company to apply to the DCGI, seeking emergency use authorisation for the Oxford Covid-19 vaccine in the country citing unmet medical needs due to the pandemic and in the interest of the public at large. A day earlier, the Indian arm of US pharmaceutical giant Pfizer became the first to seek a similar approval from India's drug regulator for its own Covid-19 vaccine in the country, after securing such clearance in the UK and Bahrain. India reported 32,272 fresh Covid-19 cases on Sunday, taking the tally to 96.76 lakh. The Health ministry, on Saturday said that for the past eight days, the daily new recoveries recorded in the country have been more than the daily cases. This apart, markets would also be waiting for industrial production and inflation data, to be announced post market hours on Friday. CPI in India increased to 7.61 per cent in October from 7.27 per cent in September. Besides, sentiment in the market will also be guided by other major market movers like trend in the rupee, Brent crude and foreign capital flows. Foreign institutional investors were net buyers in the equity segment last week, with net inflow of Rs 16,520 crore. Now, let's see how the markets are positioned from a technical point of view. According to Sameet Chavan of Angel Broking, the broader degree trend remains strongly bullish and in case of any meaningful decline, one should stick to the ‘buy on decline’ strategy. The ‘Rising Wedge’ pattern is being formed on hourly chart and hence, a move below 13,100 would lead to further profit booking towards 12,980 – 12,900. Hence, traders should note these key levels and act accordingly.   And, finally, let's look at the market setup for today. SGX Nifty was flat at around 13,333 levels at 7:30 AM, indicating a flat start for the Indian markets. This comes amid mixed trends in Asian shares early Monday. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 per cent, on track for its fifth straight session of gains. Japan’s Nikkei fell 0.3 per cent while Australian shares climbed half a per cent. Hong Kong's main index, meanwhile, slipped over 1 per cent. On Wall Street, stock indexes reached fresh all-time highs on Friday on hopes of a much-needed US stimulus package before year-end just as coronavirus vaccines roll out, while oil prices hovered near their highest since March. The Dow rose 0.8 per cent, the S&P 500 gained 0.9 per cent and the Nasdaq added 0.7 per cent. In commodities, oil prices hovered near their highest since March on Friday. Brent was last down at $49.10 per barrel. Besides, the National Stock Exchange has revised circuit limits of 302 stocks with effect from today. The circuit limit of Adani Gas, Angel Broking, Arvind Fashions, Central Bank of India, Emkay Global, SH Kelkar and Company and Snowman Logistics has been revised to 20 per cent from 10 per cent.

Let's start with a look at the global markets. The main Wall Street indices closed lower overnight as the deadine for US lawmakers to pass an economic stimulus bill approached. The Dow fell 1.44 per cent, the S&P 500 was 1.63 per cent lower and the Nasdaq settled down 1.65 per cent. Asian indices too were trading under pressure on Tuesday. In early trade, Australian stocks dipped at the open while MSCI’s gauge of stocks across the globe shed 0.06 per cent. Japan’s Nikkei and Hong Kong slipped 0.33 per cent each. In line with the global trends, the SGX Nifty was also trading lower. At 7:30 AM, the SGX Nifty was down 40-odd points, indicating a weak start for the domestic indices with Nifty at around 11,870-levels. However, Finance Minister Nirmala Sitharaman yesterday refused to rule out one more stimulus to perk up demand in the economy, and investors are likely to take positive cues from that. Besides these, market participants will focus on corporate results and stock-specific developments. Private sector life insurer HDFC Life’s standalone profit rose 5.6 per cent year-on-year in Q2FY21 to Rs 326 crore. Net premium income of the insurer in the second quarter rose 35 per cent to Rs 10,045 crore. Meanwhile, Britannia posted a healthy 23 per cent increase in net profit for the September quarter at Rs 495 crore as compared to the corresponding quarter a year ago. The company's consolidated revenue rose 12 per cent yoy to Rs 3,493 crore, slightly lower than the Street's expectation of 14 per cent. The stock of both these companies are set to trade actively today. Today, a total of 26 companies including Hindustan Unilever, Larsen & Toubro Infotech, and Bombay Dyeing are scheduled to announce their quarterly earnings. Analysts expect a strong recovery in HUL's  essentials and discretionary categories. However, products focused on premium price and out-of-home consumption will continue to face growth headwinds, they say. On the Covid-front, total number of coronavirus cases in India stands at 75.9 lakh, while the death toll has reached 1.15 lakh.  And, now a quick look at other top news. The Rs 518 crore initial public offering of Equitas Small Finance Bank opens today. The price band for the issue is fixed at Rs 32-33 per share, and the issue will close on Thursday. As per analysts, the issue's attractive pricing leaves upside potential for investors. Although, one should not expect huge listing gains. Hexaware on Monday said trading of its shares on the National Stock Exchange will be suspended from November 2 on account of voluntary delisting by the IT company. The delisting offer with a floor price of Rs 264.97 per share had opened on September 9 and closed on September 16.

Mohandas Pai, Chairman Aarin Capital and Manipal Global Education chats with Sanjay Swamy, Managing Partner Prime Venture Partners.Mohandas Pai is a Padma Shri Awardee and former CFO and Board Member at Infosys. He is also the co-founder of Akshaya Patra, the world's largest midday meal program. Mohan has served as the Chairman of the Board of SEBI, and is now a Board Member of the National Stock Exchange in India.He has helped start over 10 different funds in venture, growth, and public markets. He also leads a private equity fund - Aarin Capital - along with Manipal Group Chairman Ranjan Pai that invests in life sciences and education companies.Listen to the podcast to learn about:2:18- The digital ecosystem in India9:35- India as being large but a different opportunity15:16- The direction of doing business in India19:21- The role of both entrepreneurs from the smaller towns in India as well as the opportunities for all entrepreneurs in the metros23:45- The opportunities for the private sector and startup ecosystem to work with the governmentRead the complete transcript here.Enjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: https://twitter.com/Primevp_inLinkedIn: https://www.linkedin.com/company/primevp/

Today's blockchain and cryptocurrency headlines Bitcoin is up 0.5% at $10,547 Ethereum is up 2% at $347 and XRP is up 1.5% at 23 cents Top gainers in the last 24 hours: Ampleforth up 22% Celsius Network up 19% Braintrust raises 18 million in a new funding round led by Acme. Equilibrium raises 5.5 million for cross-chain DeFi. Venezuela launches national stock exchange built on Ethereum blockchain. J Barry Thompson of Pennsylvania pled guilty to his involvement in a $7 million Bitcoin buying fraud. Episode sponsored by ungrocery.com

The Indian markets are expected to open flat today, tracking mixed cues from the Asian indices. At 7:30 AM, the SGX Nifty was trading with slight cuts at around 11,160 levels. Investors should also brace themselves for volatility today due to the scheduled expiry of monthly derivative contracts tomorrow. In overnight trade, Wall Street stocks rebounded, led by a 5.7per cent jump in Amazon. The Dow Jones rose half a per cent, the S&P 500 gained 1 per cent and the tech-heavy Nasdaq Composite added 1.7 per cent. In Asia, Japan’s markets reopened after a two-day public holiday and were trading half a per cent lower. Korea's Kospi was also down half a per cent while Hong Kong's Hang Seng was flat. Meanwhile, Australia rose 1 per cent in early trading. Back home, easing of tensions between India and China might provide investors some relief. According to media reports, both India and China have agreed that there should not be any further escalation in tensions. However, there still was no official word on the outcome of Monday's talks. On the Covid-front, India on Tuesday recorded 80,391 new cases, taking the overall caseload to over 56 lakh. Meanwhile. the death toll has now surpassed the 90,000-mark. Tata Group stocks are expected to be in focus in today's session after the SP group, owned by the billionaire Mistry family, yesterday told the Supreme Court that it would exit Tata Sons, provided an early, fair, and equitable solution was reached. The Mistry family owns 18.37 per cent in Tata Sons and is its largest minority shareholder. And now, a look at some other top news. Federal Reserve Chair Jerome Powell yesterday told a congressional panel that America’s economy has shown “marked improvement” since the coronavirus pandemic drove it into recession, but the path ahead remains uncertain and the US central bank will do more if needed. The National Stock Exchange and the Singapore Exchange have entered into a formal agreement to cement the key terms to operationalise the NSE IFSC-SGX Connect.  Both NSE and SGX will also withdraw arbitration proceedings. The two were engaged in arbitration proceedings under the Arbitration and Conciliation Act over the trading of Nifty products for more than two years. And to wrap up things, a few updates from the primary market. The IPO of Computer Age Management Services was subscribed 1.93 times on the second day of bidding while the IPO of Chemcon Speciality Chemicals was subscribed 12.65 times on Tuesday. Both the issues will close for public subscription today. Meanwhile, the Angel Broking IPO was subscribed 0.77 times on the first day of issue yesterday, with the retail investor portion being subscribed 1.46 times.

Ms. Mini Gyan Gautam is the Partner ay AQUILAW, specializing in the Corporate & Commercial/Data Privacy Laws; Intellectual Property Rights; Infrastructure and Project Financing; Real Estate; Labour Laws, and other Legal Advisory. She is also a pro bono legal consultant to NGOs and Social Service Sectors. Ms. Gautam has previously worked with the National Stock Exchange of India as Senior Legal Manager. She has also worked as an in house Legal Counsel and Advisor for L&T Financial Services, ITC Ltd., etc. Ms. Gautam has completed her LL.B. from ILS Law College, Pune, and LL.M. from King's College, London. Ms. Gautam is an avid writer, credited with many short stories and a published creation "The Gutter Princess - Diary of a (Un)Willing Prostitute". In this episode, Ma'am talks about her experience with Law; her experience with In-House Roles and Law Firm; Her suggestions for Law students on Navigating careers in the In-House Roles and Law Firm Jobs.

In this episode, Founder & Chief Happiness Officer of The Hub - Azaan Feroz Sait sits down with T. V. Mohandas Pai to talk about how startups are dealing with the Covid19 pandemic and the current lockdown. Mohandas Pai is a Padma Shri Awardee and former CFO and Board Member at Infosys. He is also the co-founder of Akshaya Patra, the world's largest midday meal program, and works actively with government and regulators on policy recommendations and guidelines. Mr. Pai has served as the Chairman of the Board of SEBI, and is now a Board Member of the National Stock Exchange in India. He has emerged as one of India's most prolific angel investors. He has helped start over 10 different funds in venture, growth, and public markets. He also leads a private equity fund - Aarin Capital - along with Manipal Group Chairman Ranjan Pai that invests in life sciences and education companies. A selection of the companies includes Byju's, Counsyl, ZoomCar, Praxify, YourStory, and Licious.

National Stock Exchange of India Ltd & IIM Ahmedabad in association with India Bullion And Jewellers Association organised a knowledge series webinar on Re-imagining gold prices in the changing world. Prof. Arvind Sahay from IIM Ahmedabad and Chairperson, India Gold Policy Centre (IGPC) and Mr Vikram Dhawan from Nippon India Mutual Fund discussed the various scenarios that are going to play out influencing the direction of gold prices.

As the business leaders grapple with the ethical dilemma of choosing between not cutting the jobs & letting the business sink, it is time to reassess the way business was being done so far. The conflict between morality & saving business is not easy. Despite the gloom, those that are able to change business models with speed will survive while those that procrastinate will go out of the market. Deepak talks about the ways how businesses can manage their finances along with the ethical dilemma and emerge winning in these difficult times.Over half of the top 500 companies listed on the National Stock Exchange could find themselves strapped for cash to even make routine payments in the aftermath of the COVID-19 induced lockdown. Except for some strong companies, a majority of the firms could find themselves in liquidity trouble, unless if promoters step in with equity or banks lend to them.As per data out of 467 of the top 500 NSE-listed companies, excluding banks, 257, or 55% of them, have less than 100% cushion for bearing fixed and debt-servicing costs. Should the CEO think about the sailors or the ship? Can both be saved? How to manage job cuts? To talk more about it, we have with us Deepak Narayanan – a Qualified Chartered Accountant and the Founder Director of MyCFO and Practus Advisors, a leading Office of CFO and Performance Improvement services. His team comprises over 1200 professionals across India, USA, and the Middle East with projects in over a dozen countries. bit.ly/ritukant

Indian equities shifted their focus back to December quarter earnings and placed stock-specific bets amid expectations of market-friendly proposals in the upcoming Union Budget for FY 2020-21. That apart, China's proactive measures to curb the spread of coronavirus, too, provided stability to the global markets.  The frontline S&P BSE Sensex snapped two-day losing streak to settle 232 points, or 0.57 per cent, higher at 41,199 level. Market breadth remained balanced with every 1 stock advancing for every 1 stock that declined at the BSE.  On the National Stock Exchange, the Nifty50 settled above the crucial 12,100-mark at 12,129 level, up 73 points or 0.61 per cent. Bajaj Finance closed 5 per cent higher on the BSE after the NBFC reported its highest ever quarterly consolidated net profit at Rs 1,614.11 crore in the December quarter of FY20, up 52 per cent year on year. Besides, the NBFC logged a consolidated net interest income of Rs 4,537 crore, a rise of 42 per cent YoY.  Overall, except Nifty Pharma, all the key sectoral indices ended the day in the green. Nifty FMCG index was up 1.20 per cent at close, followed by gains in Nifty Metal index (up 0.79 per cent), and Nifty Auto index (up 0.77 per cent).   The broader markets, however, underperformed the headline indices today. The S&P BSE mid-cap edged 0.46 per cent to 15,750.36 level, while the S&P BSE small-cap index was at 14,837.49, up 0.10 per cent. Big corporate news: Bharti Airtel on Wednesday said it is working to get the company's name removed from 'Denied Entry List', but added that DGFT's latest action does not limit its ability to undertake future imports or exports. The stock settled 0.17 per cent lower at Rs 490 per share. And before we close, let's take a look at the global markets' performance:  Barring Hong Kong's Hang Sang, most of the Asian indices stabilised on Wednesday.  MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.41 per cent. However, most of the losses were confined to Hong Kong shares, which sank 2.4 per cent on their first session after a two-and-a-half trading daybreak for Lunar New Year. Meanwhile, Japan’s Nikkei stock index rose 0.62 per cent, and Australia’s main index added 0.53 per cent. That apart, European futures rose 0.22 per cent in early trading and US stock futures were up 0.27 per cent.

Indian equities began the last week ahead of the presentation of the Union Budget for the financial year 2020-21 on shaky ground with most counters collapsing like a pack of cards on Monday.  The benchmark S&P BSE Sensex plunged 458 points, or 1.10 per cent, to settle at 41,155.12 level. In the intra-day trade, the index tanked 490 points to hit a low of 41,122. On the NSE, the broader Nifty50 ended the day at 12,119-mark, down 129 points or 1.06 per cent. In the intra-day trade, the index erased 141 points to hit a low of 12,107. Benchmark indices logged their second-biggest loss in the month of January. Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak. Tata Steel was the top loser on the S&P BSE Sensex at close, down nearly 4 per cent. Among individual stocks, JSW Steel slipped 5 per cent, and Tata Steel and Jindal Steel and Power (JSPL) dipped more than 3 per cent on the National Stock Exchange (NSE) in the intra-day trade. India VIX -- the volatility index -- jumped nearly 11 per cent in the intra-day trade.   Sectorally, all the key indices closed in the red barring Nifty Pharma index, which was up 1.4 per cent. The Nifty Metal index was the top loser, down 3 per cent, on the NSE, followed by Nifty PSU Bank (down 2 per cent), and Nifty Bank index (down 1 per cent).  In the broader markets, mid and small-caps performed relatively better than the benchmarks on Monday. The S&P BSE mid-cap index slipped 0.4 per cent to settle at 15,759.01 level. The S&P BSE small-cap index, on the contrary, settled unchanged at 14,846.51.  Important December quarter results released today:  >> Housing finance firm HDFC Monday reported 296 per cent year-on-year rise in the standalone net profit at Rs 8,372.5 crore during the December quarter of FY20, compared to Rs 2,113.8 crore reported in Q3FY19. The NBFC extended loans totalling Rs 20,475.59 crore during the period under review. The stock was down by 2.25 per cent at close on the BSE. >> Besides, InterGlobe Aviation – the parent company of IndiGo airline – reported a consolidated net profit of Rs 496 crore during the December quarter of FY20. The figure was 168 per cent higher from a profit of Rs 185.2 crore logged in the December quarter of FY19. At close, the stock slipped 0.54 per cent. Actively traded stocks today: >> Shares of UltraTech Cement climbed 2 per cent to Rs 4,753 on the BSE on Monday, in an otherwise weak market, as most of the analysts maintained ‘buy’ rating on the stock, citing improving demand scenario which would lead to sustained volume growth for the company. At close, the stock was 1 per cent higher on the index. >> On the downside, shares of metal companies were under pressure today with the Nifty Metal index falling more than 3 per cent as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak. Among individual stocks, JSW Steel slipped 5 per cent, and Tata Steel and Jindal Steel and Power (JSPL) dipped more than 3 per cent on the National Stock Exchange. Vedanta, Hindalco Industries, Steel Authority of India (SAIL), Moil and NMDC were down in the range of 2 per cent to 3 per cent. Here is how the global markets traded today: Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan's Nikkei average suffered a steep 1.8 per cent loss, on track for the biggest one-day fall in three weeks.  MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.2 per cent, although trade in the region has already slowed for the Lunar New Year and other holidays, with financial markets in China, Hong Kong and Australia closed on Monday. In the commodities market, Brent Crude Futures were h

Ever wondered what's the big difference between the National Stock Exchange and Bombay Stock Exchange.  Here, we decode the same for you. Here's how you can open your free demat account and start trading in India: https://bit.ly/2GAWsQy

Ever wondered what's the big difference between the National Stock Exchange and Bombay Stock Exchange.  Here, we decode the same for you. Here's how you can open your free demat account and start trading in India: https://bit.ly/2GAWsQy

Global gains, improved December auto sales figures, and expansion in manufacturing activity to a 7-month high in December pushed Indian equities higher on Thursday. Reliance Industries, L&T, HDFC twins, and IndusInd Bank were the major contributors towards today's gains.  The S&P BSE Sensex ended 320.62 points, or 0.78 per cent, higher at 41,626.64 level, with UltraTech Cement, Tata Steel, IndusInd Bank and L&T being the top gainers on the index. On the downside, TCS, Bajaj Auto, Infosys, and Nestle ended the day as top laggards. On the NSE, the broader Nifty50 settled at record closing high of 12,283, surpassing its previous closing high of 12,271.80 (touched on December 20, 2019). At close, the Nifty index was up 100.45 points, or 0.82 per cent. Meanwhile, broader markets settled with gains of over a per cent each. About eight stocks in the BSE small-cap index were locked in the 20 per cent upper circuit today. The S&P BSE Mid-cap and Small-cap indices closed 1.18 and 1.44 per cent higher, respectively. The units of the ambitious Bharat Bond exchange-traded fund issued by Edelweiss Asset Management got listed at the National Stock Exchange today. At close, both the units - BHARAT Bond ETF - April 2023 and BHARAT Bond ETF - April 2030, settled mildly above the issue price of Rs 1,000. Last month, the ETF saw an oversubscription of 1.7 times, garnering Rs 12,000 crore which is likely to be utilised for capital expenditure of PSUs.  In the corporate section, challenging the NCLAT's order to reinstate Cyrus Mistry, Tata Sons said in its petition that former Tata Sons chairman Cyrus Mistry's actions as a Director of Tata Sons were causing a grave threat to the integrity of Tata Sons Board. Lastly, on the economic front, India's factory activity expanded at its fastest pace in seven months in December as a jump in new orders prompted companies to ramp up production.  Here is how the first day, of 2020, was for global markets: Asian shares kicked off 2020 on a strong note spurred by Chinese markets after Beijing eased monetary policy to support the slowing economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.43 per cent, while Hong Kong’s Hang Seng added 1.05 per cent. In Europe, the pan-European STOXX 600 index was up 0.9 per cent.

Indian markets scaled new peaks on Tuesday as buying sentiment firmed up at metal and information technology (IT) counters at the bourses. The benchmark S&P BSE Sensex settled near record high levels of 41,401.65, at 41,352.17-mark, up 413.45 points or 1.01 per cent. Select heavyweights like Bharti Airtel, and HDFC twins, which also hit record highs today, lifted the index along with metals stocks like Tata Steel and Vedanta.  On the NSE, the Nifty50 index closed at 12,165-mark, up 111 points or 0.92 per cent. The index, too, hit a fresh record high of 12,182.75 during the last trading hour. Among the key sectoral indices, Nifty Bank scaled lifetime high of 32,213.35 in the morning deals. At close, the index settled 0.57 per cent higher at 32,156.20 levels. Nifty Metal index, however, was the top performer, up nearly 3 per cent, while Nifty Realty index settled 0.35 per cent lower. In the broader market, small-caps fared better than mid-cap stocks. The S&P BSE small-cap index closed 0.66 per cent higher at 13,393.77 level, while the S&P BSE mid-cap index settled at 14,818.14 level, up 0.38 per cent. Buzzing stocks Shares of metal companies, mainly steel, were in focus on Tuesday with Nifty Metal index surging more than 3 per cent intra-day as analysts remain ‘overweight’ on Indian steel industry and see a likely consensus earnings upgrade cycle in sector major. Among individual stocks, Jindal Steel & Power rallied 8 per cent on the National Stock Exchange while Tata Steel hit an over four-year high of Rs 442, soaring 5 per cent in the intra-day trade today. besides, Steel Authority of India, JSW Steel, and Jindal Stainless (Hisar) gained in the range of 3 per cent to 4 per cent. Shares of multinational company, Federal-Mogul Goetze (India) hit an all-time high of Rs 660 in intra-day deals on Tuesday. The stock surged 19 per cent on the BSE after the Supreme Court dismissed an appeal against an order passed by the Sebi upholding the open offer price.  GLOBAL CUES Trade deal optimism, positive economic signals in China and Wall Street’s rally sent Asian shares to an 18-month high. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent to its highest since June 2018. Japan's Nikkei touched its firmest in more than year, while markets from Shanghai to Seoul and Hong Kong all rose by more than a percentage point. European shares paused after a record run on Tuesday as a sales warning from Unilever and concerns that Britain’s Prime Minister Boris Johnson could take a hard stance on the transition period for Brexit dented UK stocks.

Indian equity indices ended a lackluster trade off day's low on Monday, as investors booked profit post stellar gains seen on Friday. The benchmark S&P BSE Sensex settled 71 points, or 0.17 per cent, lower at 40,938.72 level. The losses seen at metal and FMCG counters were trimmed by gains in the information technology (IT) stocks.  Among the 30-share index pack, Tata Consultancy Services (TCS), Tech Mahindra, HCL Technologies, and HDFC were the top gainers, up between 1 and 1.7 per cent. On the downside, ITC, Tata Steel, Hindustan Unilever, and Vedanta dragged up to 1.5 per cent lower.  On the NSE, the broader Nifty50 index held the 12,000-mark, at 12,053.95 level, down 33 points or 0.27 per cent.  Among the key sectoral indices on the National Stock Exchange, Nifty Metal index closed 1.3 per cent lower, while Nifty IT index settled 1.02 per cent higher. In the broader markets, the mid-caps took deeper cut. The S&P BSE mid-cap index declined 0.46 per cent, while the S&P BSE small-cap index was down 0.20 per cent. BUZZING STOCKS Nifty Bank index hit a record high of 32,186.95 in the opening deals on the National Stock Exchange (NSE) on expectations that ArcelorMittal could complete payment worth Rs 42,000-crore in the Essar Steel case to the lenders. For the world’s largest steel maker, the timeline of one month for the full payment ends on Monday. At close, the Nifty Bank index was at 31,997.20 level, down 0.08 per cent.  Shares of Sun Pharma cracked as much as 2.84 per cent to Rs 426.50 apiece on the BSE on Monday after the company informed that the US FDA has issued a Form 483, with eight observations for its Halol (Gujarat) facility. The inspection was conducted from December 03-13, 2019, the company said in its regulatory filing. The stock eventually settled 0.9 per cent lower at Rs 434.70 level.  GLOBAL CUES Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there. Positive sentiment helped push the MSCI’s broadest index of Asia-Pacific shares outside Japan to its highest level since April 18. It was last up 0.25 per cent. Australia’s S&P/ASX 200 led the way as it jumped 1.63 per cent, while shares in Taiwan added 0.22 per cent. European shares hit an all-time high on Monday with the pan-European STOXX 600 index advancing 0.89 per cent to 415.68 points, surpassing the previous life-high made in April 2015.

Shares of Sterling and Wilson Solar, a solar engineering, procurement, and construction company, touched the lower circuit again on Tuesday on the National Stock Exchange. With this, the stock has fallen over 60% from its issue price of Rs780 apiece during the initial public offering (IPO). What gives? The promoters have sought an extension for repayment of loans taken from Sterling and Wilson. Promoters had originally promised to clear the dues within 90 days of listing and investors are seemingly disappointed that the promoters have not kept their word.

Pashupati Advani pursued his education from Haas Business School (UCLA) and Harvard Business School and started his career with Goldman Sachs. He went on to become the youngest partner at Bear Stearns & Co. and then moved back to India. One of the most renowned names in the investment sector and the current President of National Stock Exchange, Pashupati Advani gives us immense insight on insider trading, how to strategise your investments and about the workings of the stock market. Tune in to learn more! Follow us on Facebook - http://facebook.com/followtbcy/ Twitter - http://twitter.com/followtbcy/ Instagram - http://instagram.com/followtbcy/ --- Support this podcast: https://anchor.fm/tbcy/support

Sensex and Nifty surged on the final day of a volatile week on Friday with both the benchmark indices gaining over a per cent each ahead of exit polls outcome on Sunday. The benchmark Sensex zoomed almost 1.5 per cent, up 537 points, to close at 37,931, with Bajaj Finance, Hero MotoCorp, Maruti Suzuki India, Kotak Bank, and Bajaj Auto registering the biggest gains. Market breadth remained in favour of buyers with the advance-decline ratio at 3:2. Kotak Mahindra, ICICI Bank, HDFC twins, and ITC were the biggest contributors in Sensex's march to the north. The broader Nifty50 also surged 1.33 per cent, or 150 points, to end the day at 11,407. About 1,029 stocks advanced and 723 shares declined on National Stock Exchange. Among sectoral indices, only three indices remained in the red, with Nifty Media gaining the highest 3.53 per cent. Nifty Bank, Nifty Auto, Nifty Finance Service, Nifty FMCG and Nifty Private Bank all rose more than 2 per cent. In the broader market, the S&P BSE MidCap gained 153 points, or 1.08 per cent, at 14,308.36, while the S&P BSE SmallCap also rose 70 points, or 0.51 per cent, at 13,887. Bajaj Finance shares hit a fresh all-time high of Rs 3,262, up 5 per cent, in early morning trade on the BSE on Friday after the company reported a better-than-expected profit and net interest income (NII) in March quarter. Aurobindo Pharma shares fell 6 per cent to Rs 682 in early morning trade on the BSE on Friday after the drug firm announced that the American drug regulator classified the inspection of the company’s API intermediates facilities of Unit I, IX and XI as Official Action Indicated (OAI).

The benchmark indices made a subdued start to the week with metal stocks taking the heaviest hit after US President Donald Trump's comment that he would raise tariffs on $200 billion of goods to 25 per cent on Friday from 10 per cent. Trump's action came as a major Chinese delegation is expected to arrive Wednesday in Washington for the latest round of talks to end the trade war between the world's two biggest economies -- a round billed as the last one and possibly leading to a deal to end the conflict. The S&P BSE Sensex ended the day 363 points, or 0.93 per cent, lower at 38,600, with YES Bank, Tata Motors, Bajaj Finance, Tata Steel, and HDFC among the top losers. Only five of the 30 constituents of the BSE were in green. The broader Nifty50 index, was down 114 points, or 0.97 per cent, at 11,598. About 1,146 stocks declined and 588 shares advanced on National Stock Exchange. Only Nifty IT index finished the day in the green while all other sectoral indices ended in the red. Nifty Media index and Nifty Metal index were the top losers, down 2.18 per cent and 2.03 per cent, respectively. Voltality-measuring index, India VIX, also rose sharply to 10.23 per cent on the day. In the broader market, the S&P BSE MidCap index dipped 117 points, or 0.79 per cent, at 14,666, while the S&P BSE SmallCap index finished at 14,424, down 124 points, or 0.85 per cent. BUZZING STOCKS Cadila Healthcare shares hit a 52-week low of Rs 292, down 4 per cent in early morning trade on Monday after getting 14 observations from US health regulator for its Moraiya plant. However, the stock recovered later in the day to end 1.22 per cent higher at Rs 307.70.   Shares of YES Bank slipped 5.3 per cent to Rs 166.30 after rating agency Icra downgraded the bank's tier-I and tier-II bonds and infrastructure debt on deterioration in the credit quality of large ticket borrowers.

PaisaPedia is an educational podcast series by National Stock Exchange in collaboration with Bloomberg|Quint. This two-episode series features industry experts with an aim to provide insights on investment tools that help you take well-informed financial decisions. In the second episode of PaisaPedia, we are discussing everything you need to know about commodities with our guest Mr. Kunal Shah, Head of Commodity Research, Nirmal Bang. The conversation covers the different types of commodities available on NSE, understanding how the prices of commodities move and more. You can listen to this show and other awesome shows on the IVM Podcast App on Android: https://ivm.today/android or iOS: https://ivm.today/ios You can check out our website at http://www.ivmpodcasts.com/

PaisaPedia is an educational podcast series by National Stock Exchange in collaboration with Bloomberg|Quint. This two-episode series features industry experts with an aim to provide insights on investment tools that help you take well-informed financial decisions. In the first episode, we are ‘Decoding ETFs’ with our guest Mr. Kaustubh Belapurkar, Director, Fund Research, Morningstar. The conversation covers the different types of ETFs available on NSE, understanding liquidity and price movement on an ETF and more. You can listen to this show and other awesome shows on the IVM Podcast App on Android: https://ivm.today/android or iOS: https://ivm.today/ios You can check out our website at http://www.ivmpodcasts.com/

On the podcast this week, Anthony and James first look at recent Brexit developments and examine how tech providers—and, specifically, Approved Publication Arrangement (APA) operators—are dealing with the looming 2019 Brexit deadline (1:15). They then provide a quick update in the fight between the Singapore Exchange (SGX) and the National Stock Exchange of India (NSE) (8:30). They hit on an important Supreme Court decision involving fourth-amendment rights and cellphone data (13:45) before transitioning to Tuesday’s primary elections in the US (18:30). They wrap things up by looking at some of the early results from this year’s World Cup (29:15). https://www.waterstechnology.com/risk-management-performance-reporting/3709301/bloomberg-eyes-amsterdam-for-trading-and-reporting-platforms https://www.waterstechnology.com/exchanges-trading-venues/3707136/sgxs-indian-products-live-for-now

This week on NL Hafta, we discuss the meat ban in Maharashtra and the Censor Board denying clearance to some recent movies. Then the team moves on to discuss the case in Gurgaon where two Nepali women were rescued from a Saudi diplomat’s house. We also discuss the Bombay High Court's order on the National Stock Exchange’s defamation suit against Moneylife magazine.Produced by Kartik Nijhawan See acast.com/privacy for privacy and opt-out information.

In this episode of #WhatsinYourStoryBag Rituparna is talking to Ms Lulu Raghavan, MD of Landor India, a brand consulting and design company. Ms Raghavan has been named as one of India’s most influential women in media, marketing and advertising in 2019. Ms Raghavan has led corporate and consumer branding programs for clients such as National Stock Exchange, Mahindra, Godrej, Aditya Birla, Taj Group, Tata Global Beverages, Sony Pictures Networks, Axis Bank, Wipro, Usha Martin and Britannia.In this podcast Ms Raghgavan talks about how silos impact a brand. From her story bag we hear a real customer story of how silos were broken to build a brand narrative. Ms Raghavan also gives us a sneak peak into her organisation and the concept of Naked Lunches, a story-driven initiative to break silos before they are even born!Real Stories and Real Conversations - Stay tuned to our podcasts as we bring new stories and conversations in this series.To connect with Your Story Bag drop us a line at contact@yourstorybag.com