Radhika Gupta cautions investors against choosing mutual funds based on one-year returns, urging a shift towards rolling return analysis for better long-term decision-making.
Bharat Coking Coal Ltds IPO is drawing strong interest ahead of its January 9 opening, with a grey market premium of Rs 1314 indicating a potential 56% listing gain. The Rs 1,071-crore offer is a pure OFS, and Coal India shareholders as of January 1, 2026, are eligible under the shareholder quota in the offer.
Global markets showed muted reactions to the U.S. announcement of taking control over Venezuela, despite rising geopolitical risks. Asian equities rose, oil prices dipped slightly, and gold saw modest gains as investors sought safe-haven assets. Analysts attribute the calm to Venezuelas relatively small current oil output and the long-term nature of any production recovery.
Japan's 10-year government bond yield increased on Tuesday. This followed a bond auction with a moderately firm outcome. Market participants are concerned the Bank of Japan is not acting fast enough on inflation. They expect further interest rate hikes. Longer-dated bond yields also saw an upward movement. Shorter-dated yields experienced a slight decrease.
Bitcoin hovers near $94,000 while Ethereum stays above $3,200 as major altcoins rally. Market optimism is supported by institutional activity and US-Venezuela geopolitical developments.
Indian equity markets are consolidating near record highs, supported by domestic flows but hindered by a lack of foreign investment. Persistent selling and uncertainty over a trade deal are keeping indices range-bound, with muted expectations for IT earnings and a need for more data on retail slowdown.
