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Investors become richer by Rs 13.22 lakh cr as markets bounce back

A day after facing massive erosion from their wealth, equity investors became richer by Rs 13.22 lakh crore on Wednesday with markets making a strong comeback.

The 30-share BSE Sensex jumped 2,303.19 points, or 3.20 per cent, to settle at 74,382.24.

During the day, it rallied 2,455.77 points, or 3.40 per cent, to 74,534.82. ....

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Daily Voice: Government to majorly focus on these 2 areas post general elections, says Rupen Rajguru, Julius Baer India

Rajguru feels domestic manufacturing will remain a key focus area of the government, both for import substitution as well as positioning India as a ‘factory to the world.’ That will not only help in employment generation and overall development, but also support the currency and help revive private capex. ....

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equity: ETMarkets Smart Talk: India remains expensive vs EMs but could still attract higher global flows: Rupen Rajguru, Julius Baer India

"Valuations, after very muted market returns and strong earnings growth over the past two years, have also turned reasonable, moving closer to the historical averages with Nifty trading at around 18.5x one-year forward earnings estimates. Overall market sentiment seems positive with broad market participation and healthy domestic flows, with the monthly SIP flows clocking $2 billion." ....

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SMT Energy enters into partnership with SUSI Partners to own and operate US battery energy storage projects

SMT Energy LLC (“SMT”), an experienced developer and operator of renewable energy and energy storage projects in the U.S., has reached an agreement with SUSI Partners AG (“SUSI”), ....

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SMT ENERGY ENTERS INTO PARTNERSHIP WITH SUSI PARTNERS TO OWN AND OPERATE U.S. BATTERY ENERGY STORAGE PROJECTS

/PRNewswire/ SMT Energy LLC ("SMT"), an experienced developer and operator of renewable energy and energy storage projects in the U.S., has reached an. ....

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