Market experts remain cautious following the government shutdown, with continued Washington turbulence fueling uncertainty. However, strong corporate earnings and resilient consumer spending are driving the U.S. stock market higher, offsetting policy-induced volatility. Experts anticipate ongoing global trade realignments and potential political drama in January.
Hasina, her home minister in the ousted Awami League government, Asaduzzaman Khan Kamal, and then inspector general of police (IGP) or police chief Chowdhury Abdullah Al-Mamun were tried in the tribunal, where the ex-premier and Kamal were tried in absentia, with the court declaring them fugitives.
India's midcap stocks are reaching new heights, outperforming larger companies. Strong company earnings and reasonable stock prices are driving this surge. Experts see this as a fundamental shift, not just a temporary trend. Investors are favoring quality midcap companies with good growth and improving finances. This trend is supported by strong domestic investment.
Billionbrains Garage Ventures Ltd., the entity behind the innovative platform Groww, experienced a notable rise in its stock prices on Thursday, hitting a record high. This upward trend follows an enthusiastic debut in the market, reflecting a robust demand from investors.
Indian markets see a valuation divide in IPOs. Foreign firms LG Electronics India and Tenneco Clean Air India offer attractive pricing. This contrasts with domestic startups like Lenskart and Groww, which launched at high valuations. Investors are now favoring companies with clear profits and good governance. This trend may encourage more global companies to list in India.
Anand Shah of ICICI Prudential AMC expresses caution on India's IPO market, citing stretched valuations and unrealistic growth assumptions. He believes genuine value lies in established listed companies with proven earnings, strong business moats, and rational pricing, especially amidst a time-correcting market.
