Sumana Sarkar
Editor- Markets, Chief of Bureau- Mumbai at Financial Express
The Business Of Communication
Articles
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5 days ago |
financialexpress.com | Sumana Sarkar
Latest in India-pakistan news, the current IMF bailout for Pakistan exceeding $1 billion is the 24th bailout by the International Monetary Fund since 1958. Over the last 7 decades, Pakistan has resorted to a continuous cycle of debt, policy inertia, and geopolitical tension, giving rise to more reasons for further bailout.
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1 week ago |
financialexpress.com | Sumana Sarkar
The Indian markets have been relatively mature amidst the growing geo-political tension with Pakistan in the aftermath of Operation Sindoor in response to the terror attacks in Pahalgam where 26 civilians were killed. Listing out its India strategy at the moment. Key international brokerage house Jefferies says, while an escalation in tension cannot be ruled out, any correction is likely to be shortlived.
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1 week ago |
financialexpress.com | Sumana Sarkar
The markets stabilised after initial nervousness and apprehension about the Operation Sindoor and its impact on the market. According to a report by Kotak Mutual Fund, these conflicts have rarely derailed the long-term India story and has led to only short-term swings. Investors need to stay invested for long-term wealth creation.
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1 week ago |
financialexpress.com | Sumana Sarkar
It’s a rather edgy morning. Market participants are cautious and watching out for the developments across he border. India has launched Operation Sindoor and 9 Pakistan based terror camps have been targetted. This is after the deadly terrorist attacks in Pahalgam, late April. Market expert Ajay Bagga said, “The geopolitical risk that was hanging over the Indian markets has got crystallised today with the Indian strikes on POK and Pakistan based terror camps.
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1 week ago |
financialexpress.com | Sumana Sarkar
The much awaited Ather Enegy IPO will make its D-Street debut today. The issue was subscribed 1.50 times overall. The retail category was a subscription of 1.89 times while QIBs saw 1.76 times subscription. The Grey market premium for the issue has pickwed some traction since last evening. It now shows a 4% uptick from the issue price of Rs 321 per share. The issue is expected to list around Rs 335 a share, up 14 rupees from the issue price.
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