Week ending 14th Jan 2024
Markets After the relentless buying in December, foreign portfolio investors took to selling in January, even though. benchmark Nifty 50 clocked weekly gains of around 1% and also scaled a lifetime high of 21928 on Friday. The gains in the index were primarily driven by information technology stocks following their December quarter earnings, heavyweight Reliance […]
Week ending 7th Jan 2024
India basks in Sun’s glory as its first Solar observatory, Aditya reaches the Lagrange point L1 on Friday, where gravitational forces exerted by Sun and Earth balance, to provide uninterrupted view of the Sun with no occultations. Truly, another landmark in ISRO’s tryst with space with through maiden solar mission. Markets Stocks declined to give […]
YEAR THAT WAS – REWIND 2023 – TVS Capital Funds
As we conclude another dynamic year at TVS Capital Funds, we are proud to share the key highlights and developments that have shaped our firm over the past year. Our journey has been marked by strategic initiatives, strong investment performance, and business partnerships that have reinforced our position in the private equity landscape. We celebrated […]
Week ending Dec 31, 2023
# 1. Markets’ 2023- Aha Moment Equity: Stocks globally ended 2023 near record highs, defying a year of higher rates though finished Friday in the red, powering through a year of economic uncertainty: The Dow rose 13% (second best since 2009) for the year, S&P 500 enjoyed gains of 24% (best since 2010) Nasdaq swelled […]
Week ending Dec 23, 2023
Positive global trends propel Sensex and Nifty upward on Friday. The calendar year 2023 anyway turned out to be a fabulous year for the Indian stock markets with benchmark equity indices hitting new all-time highs. The benchmark S&P 500 traded less than 1% shy of its all-time closing high as traders’ price in an aggressive […]
Week ending Dec 17, 2023
Markets Sensex rallied close to 6000 points in a month crosses 71000, on closing Friday, driven by falling rate of inflation, strong buying by foreign funds, a relatively stable rupee, sliding crude oil prices an robust corporate earnings by most of the large companies. Latest trigger was from Fed about possibility of rate cuts in […]
NBFCs/FinTech’s Landscape – RBI’s lens
India’s NBFCs emerge as financial titans, allocate ₹7 lakh crore to retail – reads the caption of India Finance Report (2023) by RBI’s Centre for Advanced Financial Research and Learning (CAFRAL), last month. In an epochal shift within India’s financial ecosystem, Non-Banking Financial Companies (NBFCs) have emerged as financial titans, making a monumental infusion of […]
Week ending Dec 10, 2023
Indian stocks rose to fresh closing highs on Friday with the Nifty briefly crossing 21,000 in early trade led by gains in large-cap bank and IT stocks. Reserve Bank, while keeping the dovish stance, made series of announcements to strengthen the financial system, each of them likely to have good impact. Nifty and Sensex will […]
Week ending Nov 26, 2023
Indian benchmark indices broadly remained stable last week. Nifty 50, Sensex, and Nifty Bank indices oscillated in a sideways range all through the week and closed marginally higher. The S&P continued to rally last week as risk assets have surged since yields on US Treasuries started to drop in late October. The index closed 2.2% […]
Key developments and notifications- 19th Nov 2023
Nifty 50 and Sensex have risen well for the third consecutive week while the Bankex failed to sustain the break. In US S&P 500 barely gains while Dow ends lower on the back of benign inflation data points. Let’s review key developments and notifications last week. 1. RBI 1a.RBI Googly on Banks/NBFCs RBI followed up […]