Stocks/Share Market - Angel One

Foreign Institutional Investors (FIIs) have been aggressively selling across emerging markets and India has been no exception. In the 4 weeks of August, FIIs have pulled out over Rs.15,000 crore from Indian equity markets with the trend turning sharply negative due to a combination of geopolitical uncertainty and weak earnings season in the June quarter. …

The big story in the last one year has been the aggressive flow of investments into Indian equities and debt. In fact, the sub-narrative is a lot more important. While equity has been more or less neutral considering the valuations, it is debt that has actually attracted the lion’s share of the inflows. We are …

The regulator has been consulting the exchanges about a proposed tweak to our existing equity and index options expiry rules. When a trader buys an option, he will be required to choose whether the option is for excise on expiry or not. This case specifically pertains to in-the-money options and the entire anomaly arises due …

The 24th of August must have certainly been a day of irony for Mr. Nandan Nilekani. The Supreme Court upheld the Right to Privacy as a fundamental right under the Constitution. This right to privacy had become a major bone of contention with respect to Aadhar where there have been increasing concerns about data security and …

The Cabinet on August 23rd gave an in-principle approval for initiating the process of merger of PSU banks. The idea has been under discussion for the last few months and the reasons are not far to seek. Firstly, there is a lot of duplication in the network and operations of most of the PSU banks …

Infosys has been in the news for all the wrong reasons in the last couple of years. First, there was the major concern over the company ceding leadership position in the industry to TCS. That gap (at least in market cap terms) has widened in the last couple of years. Secondly, Infosys like most IT …

There was little by way of surprise when Vishal Sikka resigned on the 18th of August 2017. Like the man Sikka admires immensely, Steve Jobs of Apple, there was a sense of drama surrounding whatever Vishal Sikka did. There was a sense of drama in his arrival, there was a sense of drama when the …

The recent special bulletin brought out by the NSE on the occasion of the index touching 10,000 had an interesting comparison over the last 12 years time frame. Back in 2005, the weightage of banking and financial services in the overall Nifty was just about 12%, with automobiles, oil and IT having around the same …

Across the board, the auto sales numbers for the month of July 2017 had one little story. The spectre of GST which was being feared by most analysts almost seems to be missing. Almost, across the board, the domestic auto sales numbers have been extremely flattering. What does this mean and what does it hold …

Indigo Airlines, part of the Interglobe Group, announced its quarter results for the June quarter on 31st July. While it is well known that the Indian aviation industry is growing at the rate of 25% per annum (Source: Annual Report of Indigo), the results of Indigo for the first quarter did come as a pleasant …