Morgan Stanley and Goldman Sachs choose multibagger Ather Energy via block deals; NIIF sells stake of Rs 233 cr

Morgan Stanley and Goldman Sachs acquired shares in small-cap multibagger Ather Energy in separate block deals on Wednesday, with the National Investment and Infrastructure Fund (NIIF) emerging as the seller. NIIF has sold over 33.78 lakh shares in transactions worth around Rs 233 crore.Other buyers of the electric two-wheeler maker included Tata Mutual Fund, Aditya […]

Siddhartha Bhaiya’s global playbook: Top sectors in the US, China and Europe

Fund manager Siddhartha Bhaiya, who recently passed away after suffering a cardiac arrest, had turned cautious on Indian equities in his latest views while spotting selective opportunities in global markets. He remained bullish on non-tech themes in the US, consumption-led developments in China and defensive sectors in Europe, which he said offered better risk-adjusted opportunities.“As […]