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The Securities and Exchange Board of India (SEBI) last year asked offshore funds that have invested more than 50% of their assets under management (AUM) in a single group of companies and have more than 250 billion rupees ($3 billion) in Indian equity markets to disclose their investors.

JPMorgan maintains underweight rating on Tata Elxsi with a target price of Rs 6000; Jefferies holds Oberoi Realty with target price of Rs 1341; CLSA outperforms Hero MotoCorp with target price of Rs 4964; Morgan Stanley maintains overweight rating on Axis Bank with target price of Rs 1450

Vivek Dewangandiscusses the implementation of the Rooftop Solar mission and the role of REC as the overall programme implementation agency. The target is to cover one crore households and install 40 gigawatts of rooftop solar capacity by 2026. The total financing required for this is estimated to be around Rs 2,00,000 to 2,40,000 crore. Dewangan also mentions that REC is diversifying into non-power infrastructure and logistics, with a focus on financing refineries, electromechanical components, railway projects, road and highway projects, airports, metro, super-speciality hospitals, IT infrastructure, and data centres.

Promoters held 46.86 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 9.86 per cent and 5.42 per cent, respectively.

IDFC First Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023.

The stock has been the subject of multiple de-ratings and sell calls since the Sony deal was terminated. Zee has already refuted Sony’s claims about the breach of the merger co-operation agreement and highlighted that it intends to explore all options, including resorting to legal recourse as well as contesting Sony’s arbitration claim proceeds of $90 million.

Taking cues from the international market, MCX February gold futures were trading at Rs 61,976 per 10 grams, up by Rs 8 or 0.01%. Meanwhile, the March Silver futures were trading at Rs 71,000 per kg, marginally up Rs 43 or 0.06%.

The Indian equity market is becoming a retail-driven market with growing interest from retail investors due to the financialisation of Indian savings. The debt market is also seeing increased retail and HNI interest in fixed-income instruments. Managed investments via mutual funds, insurance, and portfolio management services have grown significantly in the last five years.