The Stock Market’s Strong 2023 Performance Comes Down to 5 Names

One thing that pops up no matter where you look is the Pareto distribution. It’s a probability model that’s also been dubbed the 80-20 rule, and it illustrates how a tiny number of causes are responsible for the lion’s share of effects. For example, it’s like how the top 20% of sales people produce 80% … Read more

$5.3 Trillion in Cash Could Fuel Bull Rally

Investors can’t stop piling up cash, with assets in money market funds ballooning to a record $5.3 trillion. The surge in cash comes amid a combo of high interest rates and depressed investor sentiment towards the stock market. But that massive pile of cash could be the fuel needed to drive the next bull market … Read more

Equities, other risk assets face hit as $800 bn stimulus to fade, says Citi

Equities and other risk assets will take a hit when central banks withdraw as much as $800 billion of stimulus deployed to prop up the global economy, according to Citigroup Inc. The risk rally has been fueled by the injection of over $1 trillion of central bank liquidity, and high-frequency liquidity indicators suggest this is … Read more

Pump-and-dump lands Arshad Warsi, wife, others in Sebi net

The Securities and Exchange Board of India (Sebi) on Thursday barred several social media influencers from the securities market and impounded their unlawful gains, in connection with pump-and-dump schemes in shares of Sharpline Broadcast and Sadhna Broadcast. Arshad Warsi and his wife Maria Goretti Warsi profited ₹29.43 lakh and ₹37.56 lakh respectively from the scheme, … Read more

China reopening spurs record inflows into emerging market funds: BofA

Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in response to China’s easing of its Covid-19 restrictions on activity, data on Friday from BofA Global Research showed. The sudden shift in Chinese policy has boosted many different asset classes, from commodities and mining stocks to currencies … Read more

What is NSE IFSC-SGX Connect, how it will work? Here’s all you need to know

Prime Minister Narendra Modi launched NSE IFSC-SGX Connect on July 29, 2022 at the International Financial Service Centre (IFSC) in GIFT City, in Gujarat’s Gandhinagar. During the launch, Modi said, “India is now integrating with the global supply chain and GIFT City is one of the major gateways.” What is NSE IFSC-SGX Connect?   To … Read more

SEBI bans six persons from securities market in IIFL Group front running case

SEBI noted that these persons were front running the trades of six entities of IIFL Group, including IIFL Asset Management, also called Big ‘Clients’. SEBI noted that these persons were front running the trades of six entities of IIFL Group, including IIFL Asset Management, also called Big ‘Clients’. The Securities and Exchange Board of India … Read more