U.S. Equity Index and Sector Breakdowns Remain Absent; Buying Communications & Services Stocks
Until we start to see breakdowns at the Sector and index level, we remain constructive overall. Charts highlighted: XOP, JETS, S&P 500, IWM, IWC,...
132 Views
Nuvoco Vistas IPO Trading - Tepid Demand
Nuvoco Vistas (NV) raised around US$673m in its India IPO. It is promoted by the Nirma Group and has recently acquired Emami’s cement business.
198 Views
Cartrade Tech IPO Trading - Decent Demand but It Remains Expensive
CarTrade Tech raised around US$400m in its India IPO. The company is backed by Warburg Pincus and Temasek. It is an online portal for sale of cars...
161 Views
Devyani IPO Trading - Strongest of the Lot
Devyani International Limited (DIL), Yum Brand’s largest franchisor in India, raised around US$250m via its Indian IPO. In this note we will talk...
213 Views
Sensex Dec 2021 Index Rebalance Preview: Wipro Could Be IN, Pushing Bajaj Auto OUT
Half way through the review period for the Sensex, we expect Wipro replaces Bajaj Auto at the December rebalance. Both stocks trade cheaper than...
393 Views