Thursday, 20 January, 2022

Topic: Stocks

Tech, banking names are among hottest India stock picks for 2022

Despite concerns about lofty valuations and unwinding of easy-money policies, India’s benchmark is among those leading gains in Asia so far in 2022 with an advance of more than 4%.

Indian stocks’ winning run sputters as foreign investors exit over tighter policy, low spending

Since reaching a record high in October, BSE has approached a technical correction, with foreign investors pulling out over $4 billion from market over the past three months.

These 2 Indian companies have zero sales but their stocks have soared like crazy rockets

The stocks of fruit-jam maker Transglobe Foods and real-estate services firm Shree Precoated Steels have jumped over 4,300% and 1,300%, respectively.

Why hedge fund managers aren’t buying the rally in Indian stocks

The Sensex has rebounded 34% from its March low but the jury is still out with the IMF cutting India’s growth outlook by the most among all major economies.

Facebook plunge sees megacap tech stocks group Fangs suffer worst dip

The amalgamation of internet stocks that has for three months been indestructible dropped more than 4% Friday, the group’s worst session since Covid struck.

Why India must not drop out of the global cryptocurrency race

If India wants a voice in a world of two clashing superpowers & competing networks for moving money cheaply, it needs to build its own crypto capabilities.

Quant funds are the new craze in India even as stocks keep breaking records

Quant strategies seek to reduce role of human bias. They follow data-driven approach to pick stocks, using pre-defined parameters such as momentum or valuation.

A $677 billion manager spots buy opportunity amid sell-off in Indian equities

Aberdeen Standard Investments sees short-term volatility as a chance to build positions in quality Indian companies whose share prices have shrunk.

Modi govt’s tax on stock buybacks puts brakes on a great year of share repurchases

The proposed tax may affect share purchases worth Rs 10,000 crore that are in progress.

Jet Airways stock plummets by a record 34% day after operations are suspended

Jet Airways shares fell 8.1 percent to Rs 240.50 Tuesday. They declined 13 percent in 2019 after losing two-thirds of their worth in 2018.

On Camera


Neeraj Chopra won Gold at Tokyo Olympics in 2021 | Photo: Suraj Singh Bisht | ThePrint

Armed forces’ ‘sports for wellness’ rule cost India. Time to bring back ‘gladiator sportsmen’

Until 1970s, Indian armed forces allowed units to spare military training for some men to help them focus only on sports. Then came the outcry to ban sports competitions.
Reserve Bank of India building in Mumbai | Photographer: Kanishka Sonthalia | Bloomberg

Exotic forex derivatives make comeback in India as RBI pushes to deepen markets

RBI allowed lenders to offer derivative products this month. Banks like ICICI Bank & Axis Bank sold barrier forex options to customers including Reliance Industries & Supreme Petrochem.


File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.