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On the inaugural day of the recently concluded AIF & PMS conclave 2.0, powered by ET Markets, Hitungshu Debnath, Chief Business Officer of Sundaram Alternates, offered a compelling case for investors looking to enhance yield, manage risk, and customise their investment approach through the promising solution of debt PMS. Here’s all that you need to know.

On the inaugural day of the recently concluded AIF & PMS conclave 2.0, powered by ET Markets, Nilesh Shah, Managing Director of Kotak Mutual Fund, painted a cautiously optimistic picture of the Indian market post-elections. He emphasised the strength of the Triveni Sangam—fundamentals, sentiments, and money flows—urging investors to be mindful of the ups and downs, but confident in the market’s long-term potential. “Invest for the journey of India to become a big set bar,” said Shah.

The stock quoted a 52-week high price of Rs 263.15 and a 52-week low of Rs 169.45.

​So, broadly, unless we have some trigger taking the market into a different zone, broadly, I see Nifty moving in this range and so is with Bank Nifty. The momentum says, right now, we are broadly into the sideways zone.

As a result of this inclusion, RVNL is expected to attract passive fund inflows amounting to $219 million, while Vodafone Idea may receive an estimated $278 million, according to projections by the domestic brokerage firm Nuvama Alternative & Quantitative Research.

The initial public offer (IPO) of Saraswati Saree Depot gained momentum on the second day of the bidding process with an overall subscription of 10.33 times so far. The issue, which closes tomorrow, sailed through on the first day within hours of opening.

MSCI unveiled the changes for its August 2024 rejig, adding 27 new stocks to the Smallcap Index. Notable inclusions are Bandhan Bank, Go Digit General Insurance, Protean eGov Technologies, Paras Defence and Space, and Aditya Vision.

Risk management is the most important factor of the right investing strategy, along with objective decision-making and an informed assessment of one’s financial goals. AIF & PMS conclave 2.0, powered by ET Markets, brings a fresh perspective on long and short-term investment strategies with an added focus on the long-short funds and the importance of risk mitigation.

The IPO includes a fresh issuance of shares valued at Rs 200 crore and an offer for sale (OFS) of up to 44.48 lakh shares, each with a face value of Rs 10. At the upper price band of Rs 900, the OFS is expected to be worth approximately Rs 400.28 crore. In the OFS, Arvind Nanda, Gautam Suri, Ishaan Suri, Shobhna Suri, and OIH Mauritius Limited will be selling portions of their stakes.