Equity fundraising spiked 59% to ₹1.44 ­lakh crore in 2023: Report

Equity fundraising spiked 59% to ₹1.44 ­lakh crore in 2023: Report

Public equity fund­raising jumped 59 per cent to ₹1.44 ­lakh crore in calendar year 2023, led by 57 mainboard initial public offerings (IPOs) that collectively injected ₹49,434 crore into markets, and 45 qualified institutional placements (QIPs) that raised ₹54,350 crore, reported Business Line quoting primedatabase.com. The mop­up from QIP is 363 per cent higher than …

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Mutual Funds: 7 sectoral funds gave over 50% return in 2023

Mutual Funds: 7 sectoral funds gave over 50% return in 2023

As the year 2023 draws to a close, some retail investors must be scouting for the tempting mutual fund schemes to invest based on the historical returns of the past one year. Although different mutual funds in one category tend to deliver varied returns, yet some of the high-performing sectors in 2023 are undoubtedly PSU, …

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Gold vs Grey Hair: Are sovereign gold bonds a wise investment choice for senior citizens?

Gold vs Grey Hair: Are sovereign gold bonds a wise investment choice for senior citizens?

The past eight years have proven to be notably favourable for SGBs, showcasing their capacity for providing both consistent income and capital appreciation. Let’s delve into a detailed examination of their performance: Average annual return: Over the past eight years, SGBs have yielded an average annual return of approximately 13.7%. This comprises the assured 2.5% …

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Happiest Minds: This multibagger IT stock is down 46% from all-time high; should you buy?

Happiest Minds: This multibagger IT stock is down 46% from all-time high; should you buy?

The stock market can be unpredictable, and sometimes even the best-performing stocks can take a turn for the worse, leaving investors with significant losses. Happiest Minds Technologies is one such stock in this regard. The company’s shares witnessed an unprecedented rally between December 2020 and September 2021, soaring from ₹313.95 apiece to ₹1,380, delivering a …

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