India’s steel sector is showing faint signs of stabilization, but any meaningful rebound appears distant. Prices for hot-rolled coil (HRC), a benchmark for domestic steel demand, have slumped to five-year lows, putting significant pressure on margins and denting producer earnings.
Tata Motors has re-oriented itself back to its core commercial-vehicles (CV) business after decades of diversification, yet the stock market is not giving full credit for scale.
As per market grapevine, Nifty, Sensex and BankNifty are at new all-time highs while portfolios sit near 52-week lows, signalling a clear mastermind game by big players and funds to manage headline indices and keep retail SIP flows steady, leaving investors frustrated despite record levels.
As the year draws to a close, the IPO market in India is seeing a fresh surge. Nearly two dozen companies — from marquee names to smaller firms — are preparing to launch public issues over December and January together targeting about Rs 40,000 crore in fundraising
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