Financial services, consumption and manufacturing will lead the next market upcycle: Vikas Khemani

After a year marked by consolidation, uneven sector performance and subdued benchmark returns, veteran market participant Vikas Khemani of Carnelian Asset Management believes the foundation has been laid for a more constructive phase for Indian equities. In a detailed interaction with ET Now, Khemani outlined why the coming year could mark a shift, with earnings […]

Defence, consumption and BFSI offer strong multi-year visibility: Pankaj Pandey

According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]

KKR and Kreate acquire the Cheongna Logistics Center in South Korea

Global investment firm KKR and its affiliated Korean asset manager Kreate Asset Management said on Tuesday they have bought the Cheongna Logistics Center, in what they called South Korea’s largest single-asset logistics deal.The companies did not disclose the financial terms of the transaction. One person with knowledge of the matter said the deal would value […]

Investors’ wealth to rise by Rs 30.20 lakh cr by 2025 as equity markets post decent gains

Dalal Street investors have become richer by Rs 30.20 lakh crore this year, helped by a rise of over 8 per cent in the BSE benchmark Sensex, despite multiple headwinds in the form of exodus of foreign funds, rate-related uncertainties, high valuations and a weakening rupee.Analysts said despite the headwinds, equity markets showed resilience, helped […]

A nifty index change takes effect tomorrow. Check the stocks that will see large inflows and outflows

The quarterly rebalancing of the Nifty Indices, which will take place on December 30, is expected to lead to notable portfolio adjustments in several frontline indices including the Nifty 50 and Nifty Bank.This exercise, which involves aligning index constituents with updated free-float weights and revised methodologies, is likely to result in measurable inflows and outflows […]