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institutional investors

Prosus gains $2 billion on Swiggy investment with IPO valuation

by Mark McDuffie
Prosus gains  billion on Swiggy investment with IPO valuation

Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside …

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HZL OFS attracts bids worth Rs 3,400 cr from institutional investors, govt to exercise greenshoe option

by Mark McDuffie
HZL OFS attracts bids worth Rs 3,400 cr from institutional investors, govt to exercise greenshoe option

The government’s offer-for-sale for more than 4.75 crore Hindustan Zinc Ltd (HZL) shares to institutional investors over-subscribed on Wednesday, with institutional buyers putting bids worth close to Rs 3,400 crore. …

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Amitabh Bachchan to Rahul Dravid: Know the star-studded lineup of Swiggy’s celebrity investors as IPO nears

by Mark McDuffie
Amitabh Bachchan to Rahul Dravid: Know the star-studded lineup of Swiggy’s celebrity investors as IPO nears

As Swiggy gears up for its high-profile IPO next week, anticipation is high among its celebrity investors, who acquired stakes in the food delivery giant early on. These high-profile stakeholders …

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Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India

by Mark McDuffie
Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India

Finance minister Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US and impressed on them to take advantage …

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FIIs sold Indian stocks worth $1.3 billion this week. Will the sell-off deepen?

by Mark McDuffie
FIIs sold Indian stocks worth .3 billion this week. Will the sell-off deepen?

Led by a confluence of global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew …

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Ola Electric IPO opens on August 2: 10 key points for investors

by Mark McDuffie
Ola Electric IPO opens on August 2: 10 key points for investors

The SoftBank-backed electric scooter maker Ola Electric is set to open its IPO for retail subscription on August 2. The public issue will open for investors a day earlier and …

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FPIs go big on capital goods, consumer discretionary firms

by Mark McDuffie
FPIs go big on capital goods, consumer discretionary firms

ET Intelligence Group: Foreign investors are increasingly favouring India’s discretionary consumption and capital expenditure sectors, ramping up equity allocations in Asia’s third-largest economy following a brief pause. The capital goods …

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Vedanta Resources: Vedanta Resources sells 2.63% stake in Indian arm, raises Rs 4,184 crore

by Mark McDuffie
Vedanta Resources: Vedanta Resources sells 2.63% stake in Indian arm, raises Rs 4,184 crore

Mumbai: Vedanta Resources, the holding company of billionaire Anil Agarwal, sold a 2.63% stake in India-listed firm Vedanta on Wednesday through block deals. According to the BSE bulk deal data, …

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SIP: Record additions of new SIPs give local funds added muscle

by Mark McDuffie
SIP: Record additions of new SIPs give local funds added muscle

Robust flows have allowed domestic institutional investors to own 16.05% of NSE market capitalisation at the end of the March quarter, reflecting market share gains of a fifth of one …

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Traders bet on calendar spread as Nifty moves in a tight range

by Mark McDuffie
Traders bet on calendar spread as Nifty moves in a tight range

MUMBAI: A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors. The strategy, known as calendar spread, where traders simultaneously sell options contracts in …

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