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Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.

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The controversial nature of such restrictions is on full display in South Korea, where a short-selling ban hurt its attempts to win an upgrade from MSCI Inc. These developments show the difficulties policymakers have in keeping up with increasingly sophisticated trading strategies and their impact on financial markets, a challenge that’s only set to grow with the adoption of artificial intelligence.

State-owned Punjab & Sind Bank plans to raise Rs 2,000 crore in the second half of this fiscal via Qualified Institutional Placement (QIP) to fund business growth. "The board has already given approval, and merchant bankers should be on-boarded by August," Punjab & Sind Bank managing director and CEO Swarup Kumar Saha told PTI.

India Playbook 2024: Where to invest conundrum?

Updated at : 2024-06-30 14:20:01

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Retail investors favor small-cap stocks due to high returns. Large-caps trade at a valuation discount to small-caps. Domestic ownership prevails in small-caps, with retail investors holding a significant share. Opportunities exist in Finsumption, Capex, and Make in India themes favoring small and mid-cap companies.

"The Nifty index experienced a strong momentum rally over the past 3-4 days, followed by some profit booking at higher levels. The immediate resistance stands at 24,200, and a sustained move above this level will confirm the continuation of the ongoing uptrend."

In 2021, for instance, euphoria surrounded several newly listed companies. Many investors poured money into these companies based solely on hype, neglecting factors like profitability and growth prospects. This resulted in a correction in 2022, with several companies that previously completed successful IPOs witnessing significant value erosion.

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After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets.

Billionaire Warren Buffett on Friday announced his highest-ever annual donation of Berkshire shares worth $ 5.3 billion to charity.

Oil India and Vertoz Advertising, among other companies, are set to be in the spotlight this week as they near their record dates for bonus issues, stock splits, buybacks, and demergers. The record date, determined by each company, determines eligibility for these corporate actions, requiring shares to be held in a Demat account on that date to qualify.

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