Who is Ebrahim Raisi, Iran's president whose helicopter suffered a 'hard landing' in foggy weather?

News of his helicopter making what state media described as a "hard landing" on Sunday immediately brought new attention to the leader, who already faces sanctions from the U.S. and other nations over his involvement in the mass execution of prisoners in 1988.

from Economic Times https://ift.tt/brC9EK0

A heavy monsoon season is great news for these Indian stocks

The Nifty FMCG Index has risen 1.5% so far in May, beating the benchmark NSE Nifty 50 Index by more than two percentage points. It underperformed in each of the previous six months.

from Economic Times https://ift.tt/pAlR6DP

Government gains PSU muscle as stocks climb peaks

The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discounts, high dividend yields, record cash flows and news of possible privatisation triggered a sharp rally in public sector companies over the last three years.

from Economic Times https://ift.tt/nl1I48Z

Stocks in news: L&T, Hero MotoCorp, Voltas, PB Fintech, LTIMindtree

Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter results.

from Economic Times https://ift.tt/LRukr4y

Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad news

Kotak Mahindra Bank's shares plummeted 4%, hitting a new 52-week low of Rs 1,561 following Joint MD KVS Manian's resignation. Nuvama downgraded the stock from buy to reduce. Earlier, RBI restrictions caused a 10% decline last week.

from Economic Times https://ift.tt/aQxlUCy

Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro Finance

Manappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi approval for an IPO. The IPO, filed last October, will follow a book-building process with allocation to various investor categories.

from Economic Times https://ift.tt/NzjLpYX

Conflicts vs elections: Navigating the markets in stormy waters

Recent weeks have been dominated by news of strife and armed conflicts. This has led to jitters in foreign flows into Asian equities, impacting India as well. Approximately Rs 25,000 crore has been pulled out by foreign institutional investors from Indian equity markets in April so far.

from Economic Times https://ift.tt/wKUM2JQ

Daily Voice: #39;Unless significant breakdown in US economy, 75 bps fed funds rate cut seems improbable in 2024#39;

While Marcellus Investment Managers broadly remains positive on the market, certain segments of the market, particularly in the small and mid-cap space, may face increasing scrutiny regarding valuations, says Arindam Mandal.

from Moneycontrol Market Outlook https://ift.tt/F9dukYx

Premiumisation, Indigenisation and Infrastructure — ITI AMC lists three themes to watch out for

CIO Bhatia sees the breadth of participation in the market as a proof that the quality of the market is good. "A high quality market like this doesn#39;t get disrupted very easily,” he says.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/premiumisation-indigenisationinfrastructure-—-iti-amc-lists-three-themes-to-watch-out-for_17528041.html

Daily Voice | This investment veteran sees banking and financials trade below median value, despite strong growth

Prima facie, oil prices crossing and sustaining above $100 a barrel does pose a risk and may have negative ramifications on India#39;s goldilocks macro, says Niraj Kumar.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-veteran-sees-bankingfinancials-trade-below-median-value-despite-strong-growth_17527391.html

Daily Voice | This investment manager has 3 sectors on his radar if there is a sharp correction

Banking, FMCG and speciality chemicals are Ashika Global Family Office Services co-founder Amit Jain’s picks if the market takes a tumble.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-manager-has-3-sectorshis-radar-if-there-issharp-correction_17526021.html