Page 37 - Virtual Events News Today

In the last month, several new-age companies backed by venture capital, have or are set to hit the public markets. This has resulted in a gold rush for their investors. Travel tech platform Ixigo is set to go public next week, while insurtech firm Go Digit and coworking startup Awfis have already listed on the exchanges in the past one month. Their investors, including Peak XV Partners, Elevation Capital, ChrysCapital and TVS Capital and A91 Partners, are sitting on multiple returns from some of...

Just before the start of the final phase of the general elections 2024 was to take place, there was a clear indication that it is bulls who are in control of the market. There are no two opinions, that a continuity in policy making will make the markets move upward very sharply. A glimpse of that will come in Monday’s trading session, when the impact of the exit poll result gets played out. So, with the base case assumption that the policy making will continue, we take things forward but ...

In the last month of volatility, there are some sectors which have shown a streak of out performance. They havent fallen as much as nifty and have been able to keep their head above the water even on the worst of days. The reason, their bottom lines are more correlated to what is happening in the country or the continent in which they have exposure both in terms of sales and in some cases in manufacturing. So, one way to take global exposure is to have a look at these companies, also it is a sor...

Till a few weeks back, expectation of the street was very clear that policy continuity post 4th June. But then there was a bout of selling from foreign portfolio investors (FPI) and a narrative got created that they are selling due to polls. First logical question to counter this narrative would be to ask a counter question. Do they have some kind of insider information, the answer is surely no. Probably, just a few weeks back, after remaining in the dumps for years, the Chinese market came bac...

According to rough estimates, as on date there are more than 10,000 crypto currencies which are available for trading. Do you know that there is nothing which stops you from launching another crypto currency. So there is a dichotomy in the world of crypto currencies. On one side there is “ bitcoin” whose biggest selling point is that it has limited supply, but on the other hand there can be unlimited supply of crypto currencies. So, which part of the story should you believe? There...

After a strong phase upward movement, mid cap stocks are witnessing a sort of selective profit booking move. Profit booking which is mostly happening in line with Q4 numbers. A strong directional move is only likely to appear post election results. During this phase, analysts are bullish on select stocks from different sectors, a number of the stocks on which analysts are bullish are essentially leaders of their sector.ET screener powered by Refinitiv’s Stock Report Plus lists down quality...

After a phase of calm, volatility is back on the street. Somehow word volatility got associated with bearish trend, while it might appear strange to some, the fact is that even volatility has a bias and that can be toward bulls also. That is the reason why in this volatile phase, Nifty made a new high. So, rather than fearing a word it is better to understand it. Similarly when it comes to investing, it is important to understand that while events can impact the price in the short term. In the l...

In an election season, there are bound to be times when one or the other narrative may make one question about whether one should sell the stocks. The underlying reason would be fear of losing the gains on which one is sitting. Especially when it comes to sectors like defence, railways and others which have seen a strong re-rating and siting with big gains and already there has been skepticism about their stock price moving ahead of time. Now lets look at the issue in two ways, first is whether ...

Few months back when it was announced that the fertilizer subsidy bill was seen as lower than expected, the street reacted negatively. The assumption is that if the fertilizer subsidy is going to come down then it is bad for the sector. Now there is another way to look at it, a government which has been ensuring that agriculture gets the right amount of attention and doing the various policy pushes, then why is the overall projected subsidy bill down? Probably, it may be because the government i...

The way markets have panned out in the last few sessions, it appears that bulls are waiting for a confirmation on 4th of June and then they will take over control of the street. But because valuations are high, one has to be cautious, while being bullish. Also as a thumb rule, one should remember that corrections and consolidation are part of every bull market. We will continue to see them at regular levels. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks wit...