Small and medium-sized enterprise (SME) IPOs have been severely oversubscribed. (Photo: Shutterstock)
Initial public offerings (IPOs) of small and medium enterprises (SMEs) have been highly oversubscribed and have witnessed substantial gains on listing day. However, the regulator has warned that the promoters of these companies tend to inflate their balance sheets and that the market ecosystem does not exercise due diligence on these offerings. In this week’s feature article, Sanjay Kumar Singh and Jerome Karthik examine the risks that people face when investing in these IPOs and evaluating the question of whether retail investors should participate in them.
In the second article, Namrata Kohli explores the growing popularity of aerial arts in fitness regimens, highlighting their physical and mental benefits. Readers will learn about the training options and costs they are likely to incur when attempting to learn aerobatics.
Premiums for term plans depend on age, so it’s best to buy early and lock in the price. If you are 30 years old and planning to buy a term plan for Rs 1 million, check Policybazaar.com premium table.
Experts suggest that the three to five year section of the yield curve currently offers the best returns. To take advantage of this, consider investing in a medium duration fund with a portfolio duration of three to four years. morning star review HDFC Medium Term Debt Fund can help you make a decision in this regard.
NUMBER OF THE WEEK
85,836: New high reached by Sensex on September 26
The Sensex hit a new high on Thursday in a rally led by metals and auto stocks. Large-cap stocks, which have more reasonable valuations, are at the forefront of the latest rally.
One of the reasons for the rally is China’s recent economic stimulus announcement, which has boosted investor confidence and boosted global markets.
Stable economic data in the United States (US) is also fueling the optimistic outlook. A 50 basis point cut in interest rates, and expectations of more, by the US Federal Reserve has also given fresh impetus to stock markets. Bond yields have fallen in the United States and other developed economies.
Corporate profits in India are expected to recover in the second half of FY25, driven by government spending. Consumer spending during the holiday season is also likely to have a positive impact on stock markets.
Rate-sensitive sectors such as banking, automobiles, real estate and financials are expected to do well amid expectations that the Reserve Bank of India will have to follow in the footsteps of its global peers. and cut rates sooner or later.
Instead of getting carried away by positive market sentiment, mutual fund investors should periodically reassess their portfolios. If they have become overweight in stocks, they should book partial gains to return to their original asset allocation. They should invest the money earned from the sale of shares in debt mutual funds and gold exchange-traded funds.
First published: September 27, 2024 | 8:23 a.m. IS
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.