Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month and October. While telecom saw substantial inflows, the oil and gas sector also attracted considerable investment. Conversely, FMCG and automobile sectors experienced outflows as investors booked profits and re-evaluated high...Read More
Asset reconstruction companies (ARCs) are on the frontlines, lobbying for a pass-through tax designation for alternative investment funds (AIFs) that invest in security receipts (SRs). They believe the current tax bracket of 42.74% is stifling potential investors, proposing instead that SR income be taxed directly in the hands of the end investors.Read More
The Reserve Bank of India is urging large business groups to consolidate their non-banking finance and investment companies. This move aims to simplify structures for better risk assessment and regulatory oversight. Groups with multiple NBFCs, especially those with overlapping businesses, are being advised to merge entities.Read More
Indian markets fell for a second straight session. Analysts expect further downside but identified four trading ideas—PB Fintech, CAMS, Knowledge Marine and AU Small Finance Bank—offering selective buying and selling opportunities.Read More
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per ounce, driven by strong industrial demand expectations and persistent supply constraints. Analysts predict continued upward momentum for both precious metals.Read More
Two former Brightcom Group officials have settled with Sebi over alleged financial statement irregularities and disclosure failures between FY15 and FY20. Compliance officer M Manohar and independent director M Vijaya Bhasker Reddy will pay Rs 12.35 lakh each and face temporary bans from associating with the company.Read More
Indian markets extended losses ahead of the US Fed decision and trade uncertainties, with IT dragging benchmarks lower. Analysts flagged weak short-term sentiment as Nifty trades below key EMAs despite support at Fibonacci levels. Global cues and FII flows remain crucial.Read More
GQG Partners sold 1.52 crore JSW Energy shares worth Rs 677 crore at a slight discount, amid the stock’s sharp one-year underperformance. JSW Energy trades far below key averages, with oversold indicators and declining FII holdings following weak quarterly earnings.Read More
Indian markets are watching Wall Street’s mixed performance. Investors are focused on the US Federal Reserve’s upcoming policy decision. Signals regarding US AI chip exports to China are also creating uncertainty. Companies like Nvidia and AMD are seeing varied reactions. The Fed’s stance on inflation and interest rates will be key.Read More
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