Week Ending 04th May, 2024
# Markets Profit booking on Friday triggered by market chatter on changes to capital gains taxes on equities—piling on to prevailing election jitters—dragged India’s benchmark equity indices to their lowest in three weeks, before Hon’ble FM Nirmala Sitharaman dismissed what she called “pure speculation”. Section of the market also attributed to investors cutting bets ahead […]
The FinTech Phenomenon: Unleashing India’s Financial Potential
India’s core banking solutions get a FinTech makeover – and the shift is redefining the future of banking. The banking sector in India is witnessing a significant transformation, driven by the symbiotic relationship between FinTech and core banking. Core banking solutions (CBS) have revolutionised Indian banking from its early stages. By streamlining processes and centralising […]
LP’s appetite for private equity in India
2023 marked the second-highest year for Indian Private Equity (PE) and Venture Capital (VC) fundraising, with a record ₹1.3 trillion raised across 102 funds. This set a new record for the number of funds raising capital in a single year, which prompts an exploration into the sources of this influx of capital. Economic Growth and […]
Week Ending 27th April 2024
Week ending 27th April 2024 # 1 Markets Sensex and Nifty rallied for 6 days, running on firm Asian peers but short covering and derivatives closing on Friday, resulted in a marginal correction. Sensex closed at 73730 while Nifty ended 22419. US Markets roared higher on Friday, after the latest wave of earnings overshadowed worries […]
Week Ending 20th April 2024
# 1 Markets Breaking four straight days of its losing streak due to the escalation of tensions in the Middle East, surprisingly, Indian benchmark indices climbed on Friday, with Sensex closing at 73088 and Nifty closing at 22147. However, we expect volatility to persist until the election results in June. But this geopolitical tension weighed […]
Rebuilding Rural – A key component to India’s growth
The rural economy in India is experiencing significant growth, catalysed by a convergence of significantly enhanced digital reach and strategic infrastructure development. This surge is not only reshaping the economic landscape but is also enhancing the quality of life for millions of people in rural India. Central to this growth has been expanded access to […]
Week ending 13th April 2024
Week ending 13th April 2024 # 1 Markets 1.1 Two psychological barriers were breached on the bourses last week with India’s market capitalisation reaching ₹400 lakh crore, followed in quick succession by the benchmark Sensex cresting 75,000. It has taken less than a year to add ₹100 lakh crore to market value. Jubilation did not, […]
India’s Wealth Paradox
Navigating the wealth divide and embracing inclusive growth: the biggest challenges Over the past few decades, India’s economic odyssey has been remarkable. The nation consistently clocked impressive growth rates, with a 4.9% pinnacle between 2005 and 2010. Between 2015 and 2022, it maintained a commendable 3.9% growth rate, accompanied by the national wealth-to-income ratio rising […]
NBFCs – Private Market Valuations
The financial services space contributes 15% to the GDP; its size is comparable to the expansive manufacturing space, which includes sectors like FMCG, apparel, pharma, chemicals, etc. and contributes 18% to the GDP. The space further encompasses a diverse set of sectors – housing finance, consumer lending, nano and microenterprises lending, SME lending, insurance, wealth […]
Week ending 6th April 2024
# 1. Markets Markets got clueless last week with Indices remaining sideways and ending flat on Friday as RBI’s policy announcements had no major fireworks. It looks like indices are consolidating after a sharp run up, which is healthy sign. US markets marked worst sessions last week since mid Feb as interest rate uncertainty and […]