EXIM Bank of India has successfully raised one billion US dollars through its dual-tranche bond issue. The bank sold ten-year bonds at five percent and thirty-year bonds at five point seven five percent. Strong demand allowed for aggressive pricing on these longer-duration bonds. Proceeds will fund overseas investments and capital goods imports.
Sachin Shah of Emkay Investment Managers outlines his E-Qual model for identifying long-term wealth creators. He emphasizes management quality, integrity, and capital efficiency, advocating for avoiding mistakes over chasing quick gains. Shah stresses that sticking to quality builds resilient portfolios through market cycles.
Smallcap outlook remains uncertain as valuation excesses drive a sharp correction. A broader rally in H2FY26 hinges on easing FPI selling, better earnings, and a supportive macro environment. Investors should remain mindful of valuation risks in certain sectors despite market corrections.
Copper prices surged to a record high above $13,000 a ton, driven by supply concerns stemming from a strike at a Chilean mine and dwindling warehouse stocks. Forecasts predict significant deficits in refined copper supply through 2027, further fueling the price rally. Other base metals also saw gains amid potential shortages.
Tata Motors Passenger Vehicles experienced a notable decline in share prices as Jaguar Land Rover reported a steep drop in sales for Q3 FY26. The aftermath of a cyber attack last year affected both production and distribution channels. Additionally, the decision to phase out older Jaguar models played a role in the downturn.
Asian equities advanced Tuesday, extending a global record run as investors overlooked geopolitical tensions. Gold and silver pared gains after the US captured Venezuela's President, while Treasuries steadied. Analysts remain bullish on risk assets, anticipating stronger earnings growth and a revival of M&A.
New-age companies like PhonePe, Zepto, and Oyo are gearing up for IPOs in 2026, aiming to raise nearly 50,000 crore. Investor appetite will depend on market conditions and the profitability of these tech businesses, as public investors become more selective on valuations and cash flow.
