Prominent tech startups, including Oyo Hotels and Delhivery, are pushing back their IPO and preparing to reappraise target valuations amid battering received by newly listed firms.
The reprieve may be short-lived as traders are worried about the unprecedented bond sales of about Rs 15 lakh crore for the fiscal year starting April amid dwindling demand.
Will the new Omicron variant set the clock back and dampen the spirits? Modi govt would be naïve to believe RBI and not plan for recovery of the Indian economy.
Survey by LocalCircles says the rise indicates the 'economic uncertainty that was prevailing in May at the peak of second Covid-19 wave has greatly reduced'.
Booming markets have left the industry swamped with work when employees have been sickened by Covid. Contrast of pandemic pain & financial-market euphoria has nowhere been so extreme.
Before the arrival of the second wave of Covid, India’s markets were full of optimism. So far in 2021, IPOs in India have raised nearly $3 billion, the best start to the year since 2018.
The NSE has telecom links with two service providers and there were issues with both leading to impact on the NSE system. However, the trading at BSE was not impacted.
A wave of YouTube influencers as well as a host of private stock-tipping social media chat groups have drawn millions of day traders into discount brokers.
Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.