The market capitalisation of BSE companies hit an all-time high on Thursday, a day after markets cheered Union government’s Budget proposals including its decision to exempt category 1 and 2 foreign portfolio investors from
Investors who betted on initial public offerings (IPOs) this year have not been disappointed. Close to three-fourths of the companies — 17 of 25 — listed in the calendar year (CY) 2016 so far are trading above their issue
Buyback activity in cash-rich PSUs seems to have rubbed off on to private companies with the total amount spent by private sector firms on such offers touching R9,806 crore in the calendar year (CY) 2016.
Despite the sharp sell-off seen in Indian equities since the government’s move to demonetise high-value currency notes, the Indian market trades at a premium to emerging market peers, data compiled from Bloomberg shows.