"Lenders have also been very cooperative, driven by the understanding that for NBFCs the core requirement is money. Once the debt restructuring process is over — in maybe around two months time — I will tell you in detail how our NBFC is shaping up, what are our future plans, etc."
Weekly Dossier | Pramod Gubbi, Nischal Maheshwari, Nilesh Shah & others on market trends
The S&P BSE Sensex fell 0.3 percent, while the Nifty50 was down by 0.4 percent in the week gone by but a bigger cut was seen in the small and midcaps.
Representative image | Source: Pixabay
The S&P BSE Sensex climbed mount 50k and the Nifty50 breached 14,750 in the week gone by but profit-taking towards the end pushed the indices in the red.
The S&P BSE Sensex fell 0.3 percent and the Nifty50 0.4 percent but it were the small and midcap that took a hard knock. The BSE midcap index fell 0.7 percent and the smallcap index was down 1.3 percent for the week ended January 22.
Super Rally! It took Sensex just 208 days to rally from 25K to 50K
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To many, Sensex @ 50K was unimaginable in late March 2019 when the Covid spike had threatened shutting down or curtailing stock exchange activities globally.
Market vateran Madhu Kela said Sensex is not yet done at 50,000.
NEW DELHI: A solid 24,500-point rally on Sensex in just 208 days says it all. The 30-pack index at last broke the 50,000 level on Thursday, riding on hopes of the economy recovering from the pandemic blow and huge dollars flowing into domestic equities. To many, the level was unimaginable in late March 2019 when the Covid spike had threatened shutting down or curtailing stock exchange activities globally.
Passive mutual funds gaining traction, but active funds here to stay
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Kalpen Parekh, President at DSP Mutual Fund, said the choice of passive funds is more institutional in nature.
ETMGS 2021 Day 2: Active and passive funds are going to co-exist in Indian market, say fund managers
NEW DELHI: Passive funds are gaining traction, but fund managers believe active and passive funds are going to co-exist in the Indian market.
It’s not active or passive, but active and passive, say industry captains. “While passive funds are simple and convenient, active fund managers with skills and temperament would keep delivering alpha, going forward,” they argued at the
Sensex@50,000: What Shankar Sharma, Vijay Kedia, other big investors said
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Last Updated: Jan 21, 2021, 01:44 PM IST
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Market veterans say they did not see the 50,000 mark on Sensex coming up this early.
Sensex hit a record high of 50,149.49 on Thursday.
NEW DELHI: Sensex claiming the 50,000 mark has sent Dalal Street into a frenzy. Big names such as Shankar Sharma, Ramesh Damani, Vijay Kedia and Madhu Kela, among others, said 50,000 is just a number, and India s story is much stronger, and more such milestones will be conquered sooner or later.
Madhu Kela said he has seen Sensex s journey from the 3,000 level to 50,000. There has been so much doubt which has been carved on the India story from time to time. But ultimately people like us who have been really optimistic have been able to make the most out of this growth, he said.