Tuesday, October 27
ET Intelligence Group: A booming market for initial public offerings (IPO) continued to lure foreign portfolio investors (FPIs) in 2024 as they were net sellers of Indian equities in the secondary market amid rich valuations, sluggish demand and slowing GDP growth. Given the sustained flow of companies filing draft red herring prospectus (DRHPs) with the markets regulator as a part of the IPO launch process, the domestic primary market is likely to remain a major route of equity investment for foreign investors in 2025 as well.In 2024, FPIs pumped ₹1.22 lakh crore ($14.5 billion) into the primary market, the most they've invested in IPOs and qualified institutional placements (QIPs), according to NSDL data. This more than offset their exit from the secondary market to the tune of ₹1.21
Mumbai: Investors must continue to treat gold as a key component of their investment portfolios in 2025 as the precious metal will not only provide the benefit of diversification, but is also set to post gains for the fourth consecutive year, said experts.While gains this year are unlikely to be as sharp as those last year, investors should use corrections in prices as a buying opportunity, they said.Crossing ₹80,000 per 10 grams to an all-time high in the domestic market, gold prices have gained more than 26% in 2024, fuelled by geopolitical uncertainties, prospects of lower interest rates in the US and buying from global central banks. For this year, the policies and stance in the US after Donald Trump takes charge later this month will be an additional factor to look out for and could
ET Intelligence Group: In times of higher stock market volatility and uncertain economic scenario, it will be a prudent strategy to focus on companies that have reported higher profits and improving operating profitability. According to the latest ETIG analysis of the ET 500 list, there were 20 companies that reported higher net profit in the first-half of FY25 compared with the profit for the entire previous year. The list includes companies across sectors including Vedanta, Bharti Airtel, Tata Chemicals, Zomato, Dilip Buildcon, Ashoka Buildcon, Aster DM, Jubilant Pharmova, Voltas, and Texmaco Rail among others.While improving bottomline is often considered as an important factor while evaluating stocks, it demands caution since net profit may shoot up due to non-operating items such as l
New Delhi: India’s job market closed 2024 with a 9% year-on-year increase in hiring activity, according to Naukri JobSpeak Index, a white-collar hiring indicator that climbed to 2,651 points in December, reflecting broad-based growth across key sectors. Artificial intelligence and machine learning (AI/ML) led the surge with an impressive 36% rise in hiring last year, alongside steady gains in other high-growth areas such as oil and gas (+13%), FMCG (+12%) and healthcare (+12%). “India’s job market is entering 2025 with vigour, driven by AI/ML growth and creative sectors,” said Pawan Goyal, chief business officer at Naukri.com. Geographically, South India drove the hiring charge, led by Chennai (+35%) and Bangalore (+21%), bolstering the overall momentum. Meanwhile, entry-level recr
