The overall equity fundraising in the country is expected to touch $25 billion and the IPO market would grow 30% in calendar year 2023, despite sharp declines last year, according to Kotak Investment Banking. The equity fundraising is expected to reach pre-Covid levels this year. It fell by about 43% to $16.4 billion in 2022, […]
Indian equity indices concluded the day slightly up. The Sensex closed above 62,670 while the Nifty settled above 18,660. Meanwhile, Bank Nifty touched a new intraday high for the second consecutive session, reaching the 44,100 level and ending 100 points higher. The top gainer of the Nifty 100 was LTI Mindtree Ltd (up 2.97%), Gail […]
The stock exchanges are set to move to a shorter ‘trade-plus-one’ (T+1) settlement cycle from January 27. Future and options (F&O) stocks were to be transitioned to this regime in two phases, in December 2022 and January 2023. T+1 comes with its own benefits and issues. Ashley Coutinho takes a look at what this move […]