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SD Retail will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 20 in the grey market. This indicates a likely listing premium of 15%, compared with an issue price of Rs 131 at the upper end.

BikeWo GreenTech will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 7 in the grey market. This indicates a likely listing premium of 11%, compared with an issue price of Rs 69 at the upper end.

Sandip Sabharwal, asksandipsabharwal.com, says portfolio allocation varies from person to person and the age group which they are in, etc. But for people who do not stay in the US and their currency is a reserve currency, gold has always been a very good investment. Today, it is one of the biggest sources of wealth for Indians as per current calculations. It is almost 75% of the country's GDP. It is pure currency and can be easily encashed at any point of time. Gold should be 10-15% of the asset allocation. Bonds and debt depend on person to person. But everyone should have one year of expenditure and some additional amount in fixed income and bonds to take care of your need if you cannot pull out of risky assets. This massive rally which is underway in auto, completely undoes what you were saying a couple of weeks ago, the inventory buildup and the fact that there was a lot of discounting and all those clamours which were coming through. What do you make of the auto sector right now? Sandip Sabharwal: When we were discussing the industry at that time, the two-wheeler stocks were running up and the four-wheelers were correcting and what I had said was that in anticipation of festival demand, it is likely that the four-wheelers will also see some sort of revival going forward. Now, it is a question of delivery. These companies have to deliver on the festival season sales and that is the challenge.

Phoenix Overseas will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 15 in the grey market. This indicates a likely listing premium of 23%, compared with an issue price of Rs 64 at the upper end.

«There is some softening globally, but India is performing very well on the macros. The balance sheets are very clean for corporates. Banks have the ability to lend,» says Ajay Bagga, Market Expert. What do you make of the momentum of the market, there is no stopping it at all? Ajay Bagga: Yes, flows are very strong and we see that domestic flows are absorbing. Even the little FII selling that is still coming through, we are seeing that absorption happening.

Subscribe to enjoy similar stories. MUMBAI : Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. A large number of traders lost their money in India’s futures & options (F&O) market, showed an analysis by the Securities and Exchange Board of India (Sebi).

Subscribe to enjoy similar stories. As many as 29 Tata Group stocks are listed on the stock exchange, of which five are already in the Nifty 50. From 30 September, another multibagger Tata Group stock will enter the benchmark index.

Subscribe to enjoy similar stories. In an attempt to curb the retail euphoria in equity options, the capital markets regulator is likely to implement all seven measures recommended by the Padmanabhan committee at its board meeting on Monday, according to two persons aware of the matter.

Subscribe to enjoy similar stories. A flurry of regulatory changes is about hit the stock market following a circular issued by Sebi, the market regulator. While these might be in the investor’s best interest, they might be bad news for brokerages.

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Citi in 5-7 years as the US bank looks to expand its services business — which its CEO Jane Fraser calls its «crown jewel» — and more domestic firms turn global, a top executive said. «It's highly likely that India will break out into the top three based on what we are seeing,» Shahmir Khaliq, Citi's head of services, told ET in an exclusive interaction. «We are investing across the network and as the government makes India a great place to invest in, we are seeing the incremental inflow (and) we are seeing Indian companies looking to invest abroad.» At present, India is the fourth largest market for Citi's services business. «It would not be beyond the realm of the possible for us to expect to see India in the top three over the next five to seven years,» Khaliq said.

Produce importer Peter Kopke, Sr. discusses the impact of a looming port strike on The Bottom Line.

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Sebi) is on the verge of introducing MF- Lite regulations for passive funds, its chief Madhabi Puri Buch said on Thursday. “We had a very detailed consultation on that and if as a part of that you feel that there needs to be relaxation in terms of how to do distribution of those kind of passive funds. We are open to any kind of suggestions so that we can facilitate growth of these funds across the country,” Buch said at an industry event.

An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel

The Nifty 50 closed 0.81% higher at 26,216 points, while the BSE Sensex surged 0.78% to 85,836.

Linc on Thursday announced two joint ventures (JV) — with Japan's Mitsubishi Pencil Company where it has a 49% shareholding and an equal ownership JV with Turkey's Silka Kirtasiye Imalat Sanayi Ve Ticaret Ltd Sirketi (SILKA), as per company's disclosures to the stock markets. Incidentally, Mitsubishi Pencil also holds a 13.45% stake in Linc. The promoter and promoter group owns 59.5% in the company

capital on sustained buying by jewellers as well as strong trends in global markets. Maintaining its record-breaking run for the second day, gold spurted by Rs 400 to a fresh lifetime high of Rs 78,250 per 10 grams, according to the All India Sarafa Association. The precious metal had closed at Rs 77,850 per 10 grams on Wednesday. Silver also soared by Rs 1,000 to Rs 94,000 per kg on robust demand from industrial units and coin makers amid strong overseas trend.