It is not often that you see IDFC rallying 19% in a single day, but in the last few days, the stock has been on an absolute run. It even scaled its 52-week high price level and touched Rs.62.60 on 22 July. IDFC was originally conceived 25 ye

In Indian stock markets, Rakesh Jhunjhunwala needs no introduction. Popularly called the “Big Bull”, he is the most successful non-promoter investor in India. With a portfolio worth Rs.20,000 crore, some of his top picks are almost as popular as

Going by the recent reports it looks like the BEML stock may be ripe for divesting by the government. As per the latest reports in the press, the government may have just about shortlisted the potential candidates for taking over the 26% stake in BEM

We normally tend to use the words trading holiday and clearing holiday in the stock markets interchangeably. These are two different things altogether. The trading holiday is the day on which there is no trading permitted. That means you cannot use y

In the last two months, the proposed Rs.4,000 crore preferential offer by PNB Housing to Carlyle has become the bone of contention. The first objection to the deal came from proxy firm SES. Shareholder Empowerment Firm (SES) is run by former SEBI ED,

It looked like a panic-driven sell-off in global markets on 19 July. The Dow Jones cracked 725 points to 33,962 while the NASDAQ fell 152 points to 14,275. If Dow fell 2%, the fall in European markets on 19 July was much sharper. The London-based FTS

Steel has been an unlikely star in the last few months. Since the beginning of 2021, most steel stocks have multiplied 2-3 times and are still looking attractive. Between April and June, foreign portfolio investors were busy adding steel stocks to th

When the Indian government was drawing plans for a big shift to electric vehicles (EV), the biggest challenge was not about costs or efficiency. It was about EV charging infrastructure. For a rapid spread of EV as a green motor strategy, the biggest

Reliance is known for its penchant for aggressive inorganic growth. In the last one year, Reliance Industries became zero-net debt on the back of its mega rights issue as well as the placement with PE funds. With a war chest in place, Reliance may be

When there is a major shift, it is normally the financial capital that is expected to take the initiative. Maharashtra took the lead and unveiled the Maharashtra EV Policy 2021 with the intent of fast tracking EV adoption in an accelerated move away

The big dispute over the GVK stake in Mumbai International Airport Limited (MIAL) is finally over with control of MIAL likely to fall entirely in the hands of Adani Group. Adani Group had already acquired 23.5% stake in MIAL from two South African in

An unlikely sectoral index, BSE Realty Index, hit 10-year highs recently. Even as experts have been talking about weak offtake in residential properties, the undertone appears to be changing gradually. A host of stocks like Godrej Properties, IB Real