Last week in a nutshell
📢 11 expected IPOs in 2024; signs of an IPO bubble in India.
💸 Adani overtakes Ambani as India’s richest.
📈 Last month, total new Demat account openings touched a
Last week in a nutshell
🏭 Tatas may get admin control of Jamshedpur again
💰 Adobe, Figma Scrap $20 Billion Acquisition
❌ RBI bars lenders from investing in AIFs linked to borrowing companies
🏠 Rising interest rates
India surpasses Hong Kong to become the world's 4th largest stock market with a cap of $4,260,000 mil. Driven by a 16% rise in the Nifty 50 index and growing investor confidence, India's market shows robust economic growth and global financial impact.
In a nutshell
🙌 Defence, railway stocks surge after BJP's state election victory
📈 For the 5th time in a row, RBI keeps interest rates unchanged at 6.50% to make sure inflation
Last week in a nutshell
👴Charlie Munger, investing genius & Buffett’s right-hand man, dies at age 99.
📉Byju's valuation fell by ~633% in one year.
🇮🇳 India's stock market