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A Bain-consultant-turned-PE rainmaker, believes India is fast catching up as global corporations adapt to a diversified global supply chain beyond China. The focus is now to widen the engagement through credit, special situations among others. Bain is raising a new $5 billion APAC fund, and also a new distressed asset fund for its JV with Piramal that sources in the know say will be $1 billion.

“Despite factoring higher yield drop of 5 bps over FY 22-24, keeping costs estimates flat 1.6 per cent CAGR between FY 22-23 and assigning lowest multiple within listed AMC space, UTI provides the maximum upside in our coverage universe (31%),” ICICI Securities said in a report.

One is at an individual trade level - since I trade stock options mostly and you often see stocks hitting 10% circuit up or down so that exposes a risk to my portfolio if I have a position in that stock. This is best managed by having a low exposure in one single stock.

As per Silver Institute data, industrial demand for silver posted an increase of 9 percent last year. It was the highest level since 2010. The resumption of industrial operations and re-opening of businesses after the pandemic-related lockdown largely assisted the sentiment. Coin and bar purchases contributed a large chunk of the volume followed by industrial demand.

In the first quarter, record refining margins were wiped away by losses booked on not revising petrol and diesel prices daily in line with cost. While the difference between cost and retail selling price of petrol and diesel has narrowed, refining margins have fallen in the second quarter (July-September), worsening finances of the three firms.

Nifty is likely to head higher in next week since the Q2 results season starts kicking in from Monday. IT results are likely to be good since the revenue growth for IT was good in Q2 and the currency also has provided some tailwind.Banking results are likely to be very good, assisted by impressive credit growth and improving asset quality. The market would respond to the good results.

For the fiscal ended March 31, 2018 the operating revenue of company, which sells a range of vehicles including popular SUVs Creta and Venue along with hatchback and sedans such as Grandi10 NIOS, i20 and Verna, was at Rs 39,208.9 crore, as per Tofler data.

"With the pick-up in government expenditure on the back of higher GST and direct tax collections, growth is expected to accelerate. This has led to positive stance by FPIs on Indian markets," said Anita Gandhi, Whole Time Director and Head, Institutional Business at Arihant Capital.

The week before the previous week had seen Nifty bouncing off from the 20-week MA which stands at 16,854. It had halted its move near the 50-week MA. This week, it moved above that level as well. The 50-week MA positions itself at 17,084.

Kotak expects net income of automobiles (improvement in chip availability), banks (strong loan growth, NIM expansion and a sharp decline in loan-loss provisions) and diversified financials (accelerating loan growth) to increase sharply on a YoY basis.