Capital Market

terror financing: FIU notifies fresh money laundering, terror financing reporting alerts for capital markets

by

New Delhi: A fresh set of ‘alert indicators’ have been issued by India’s financial intelligence unit (FIU) for capital markets, insurance companies, online payment gateway intermediaries and crypto currency service providers for effective checking of suspicious transactions in their channels as part of the anti-money laundering and counter-terrorism financing regime. These new guidelines have been … Read more

Deepak Builders & Engineers files draft papers with Sebi to raise funds via IPO

by

Engineering and construction company Deepak Builders & Engineers India Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. This is the first company to file the draft papers with Sebi for floating a maiden public issue in the current financial year (2024-25). The initial public offering … Read more

Peak rates boost US demand for riskier form of corporate debt

by

The U.S. market for one of the riskiest types of corporate debt is resurging this year, as companies cater to investor demand for assets that can lock in high yields for several years ahead of an expected decline in interest rates. Holders of these bonds, called junior subordinated debt, are among the last to be … Read more

Sensex: Bubble bath on Dalal Street: Small, midcaps catch a cold

by

Mumbai: Indian equity benchmarks tumbled nearly 1.5% on Wednesday, defying Wall Street’s overnight gains, as investors spooked by the recent freefall in small-cap and mid-cap stocks rushed to offload riskier holdings. Brokers pushed traders to liquidate bets in smaller shares bought on loans following the capital market regulator’s recent warnings of ‘froth’ and ‘bubble’ in … Read more

Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs

by

Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business. In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements. Additionally, it proposed … Read more

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

by

Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more

raamdeo agrawal: There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal

by

Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Group, says “the capital market was extremely strong over October and November. September was very good. October was somewhat weaker. November picked up, but December was out of the charts and January is even better than December. So, momentum is picking up, as we come closer to budget … Read more

FPIs: Revised standards bring in some leeway for FPIs

by

Mumbai: 2024 begins on an easier note for several foreign portfolio investors (FPI) betting on India. Among the offshore funds who were put off by the onerous disclosure rules imposed by the Indian capital market regulator, some now have a leeway. A number of FPIs that are pooled-vehicles from countries like Mauritius, Singapore, and Cayman … Read more

Muthoot Microfin listing: Muthoot Microfin shares to list on Tuesday. What GMP signals ahead of listing?

by

Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company’s shares are commanding a premium of Rs 26 in the unlisted market.Considering the upper price band of Rs 291, the company’s shares are expected to list with a mild premium of … Read more