No structural breakdown yet in small and midcap indices: Anand James
The gap between largecaps and small and mid cap indices is widening, but no structural breakdown has occurred. IT stocks, except for TCS, are in a downtrend. Tata Steel shares hit fresh 52-week highs. A largecap route is a more broad based one, while smaller cap approach is often in search of superlative returns, and provides a larger universe to pick. This advantage stays with the smaller market capitalized segment. Key Points
Economic Times'Mamata Banerjee's house is smaller than mine,' says Salman Khan at KIFF 2023
Mamata Banerjee inaugurated the 29th edition of the KIFF on Tuesday. She addressed the inaugural session, which featured prominent figures such as Salman Khan, actors Anil Kapoor and Sonakshi Sinha, filmmaker Mahesh Bhatt, and West Bengal's newly appointed brand ambassador Sourav Ganguly. Key Points
Business TodayTime for them to say cheers and get re-rated? 4 not so well known smallcap breweries and liquor stocks
In the last three years, many sectors and companies which have been in the dumps for years have made a comeback. There are two kinds of comebacks, one is comeback on the dalal street. Second is a comeback in the real business. It is the second one which is more important as that is what finally matters to even the street. If one looks at the history of the liquor industry it has been dominated by two large names, but over the last few years, many smaller companies have made a comeback in a real business sense. Some due to their one brand getting super successful, others have been able to restructure their operation, reduce debt by selling some of the non core assets. Some by becoming bottlers and outsourcing their capacity to large players. In a nutshell, after two decades of ups and downs, these smaller players have reached the point where there is a possibility that they might see a re-rating, if they stay in course of clean and transparent corporate governance. Key Points
Economic TimesChina’s lithium battery industry detrimental for its economy
China's investment in the lithium battery industry has led to an oversupply of batteries, causing smaller manufacturers to face closures. By 2025, China's battery manufacturers are expected to produce quadruple the demand from EV makers, resulting in an estimated production capacity twice the demand levels. Key Points
Economic TimesStudy reveals how snack size affects eating speed and sodium intake
Researchers reveal snack size impacts eating habits. Larger snacks lead to faster consumption and higher calories, while smaller ones increase sodium intake. Key Points
India Today
Tata Motors demerger: CV unit will exit Sensex, Nifty just like Jio Financial
The demerger of Tata Motors into separate listed entities for commercial vehicles (CV) and passenger vehicles (PV) will result in the exclusion of the smaller stock (CV unit) from Sensex and Nifty. Global indices like MSCI and FTSE will evaluate the market cap of the smaller entity to determine its eligibility for passive indices. Key Points
Economic TimesFMCG giants feel the pinch as regional players' reach widens
In a notable shift, local and regional firms have made significant inroads, reaching up to 31% more households in key segments like biscuits, soap, washing powder, and detergent during the September quarter. This trend has caught the attention of chief executives at major consumer goods companies, who are now acknowledging the resurgence of smaller brands and its consequential impact on their sales growth. Key Points
Economic TimesD-Street's smallcap rally fades as cautious foreign investors flee
BSE Ltd.s small and mid-cap indexes fell 1.7% and 3.4%, respectively, in the latest month. The declines came as overseas funds sold $2.6 billion of Indian equity in October, on a net basis, their biggest withdrawal since January. Key Points
Economic TimesMidcap and smallcap stocks will continue to outperform, says Vinit Bolinjkar. Here’s why
Vinit Bolinjkar, Head of Research at Ventura Securities, expects earnings to continue strong in India, especially with an influx of bond money that will lower the cost of funds. He remains positive on midcap and smallcap stocks, as earnings have been solid and there are opportunities for growth and lower acquisition costs for MSMEs. Bolinjkar also believes that consolidation in the cement industry will benefit smaller players. Key Points
Economic TimesWhy depression, anxiety is common among children with attention deficit hyperactivity disorder?
Emotional dysregulation occurs because of a small brain region called pars orbitalis. A smaller brain region responsible for control over behaviour, processing... Key Points
The Tribune India
The great migration in T.N.: away from metros, towards small towns
The idea of retaining talent in IT/ITeS sectors has become frustratingly painful, after the COVID-19 pandemic, when office rules were relaxed or suspended, for corporates to allow for hybrid working and work-from-home models, leading to sections of the workforce moving back to their hometowns. It has become nearly impossible to return to a pre-COVID situation, forcing companies to innovate. Some of them have found value in moving to tier 2/3 cities that now offer a number of advantages Key Points
The HinduShakeout in Indian small-caps seen luring dip buyers to market
Perceived as key beneficiaries of the South Asian nations 8%-plus economic growth, shares of smaller firms are seen staging a comeback after a selloff thats pushed down the Nifty Smallcap 250 Index almost 10% since Feb. 27. Key Points
Economic TimesElon Musk reduces gold tick fee for businesses on X, here is what it costs now
Elon Musk has reduced the cost of gold tick for businesses on Twitter, now called X. The new plan now costs USD 200 per month. Key Points
India TodayThis 'Louis Vuitton' bag is smaller than a grain of rice
US artist collective MSCHF created a bag so small that you would need a microscope to see it. Take a look at the bag inside. | Trending Key Points
Hindustan TimesDavid vs Goliath: 3-year returns in mid- and smallcaps 2x that of Nifty
In 1999-2000, the market cap of Asian Paints was ~$200m, just 2% of the largest consumer company then, Hindustan Unilever. Today Asian Paintss market cap is $35bn, more than 50% of Unilevers! Titan was a tiny cap during 2001-4 (the lowest was in 2001, a market cap of $25m, vs $40bn now!) when it entered the jewellery segment and changed the industry. Key Points
Economic Times
Realty fund flows into small town India boom
Capital flows in India's tier-II and tier-III cities doubled in 2023 to a record $1.3 billion, driven by robust real estate demand. Developers flocked to these cities for land acquisitions, and private equity interest is growing across sectors like e-commerce and startups. Key Points
Economic TimesGet into consumer stocks; 2 stocks to buy as metals in a very sweet spot: Sanjiv Bhasin
Sanjiv Bhasin of IIFL Securities recommends investing in consumption stocks like Voltas and Havells. He says real income is going to be generated now from the tier II, tier III, and the smaller rural class, where we are seeing unprecedented growth He is bullish on metals and recommends Vedanta and JSW. Bhasin mentions investments in Indiabulls Real Estate and Indiabulls Housing Finance. Key Points
Economic TimesFMCG majors slash prices, hike advertising spends to beat regional brands
Top FMCG majors, including Hindustan Unilever, Marico, and Adani Wilmar, are reducing product prices and increasing marketing investments to combat competition from regional brands. These companies have faced a decline in market share due to lower-priced products from local and unorganised players. By lowering prices and increasing pack weight, they are already witnessing sales growth and expect further gains in the coming months. Hindustan Unilever anticipates that pricing corrections and increased pack weight in detergent bars will help in the fight against local players. Additionally, companies like Marico and Adani Wilmar have seen improved volume growth and doubled sales in their branded segments. Key Points
Economic TimesTop 10 smaller models to check out: Better than 11kg Samsung washing machine
Top 10 smaller washing machine models to check out: We delve into top smaller models that offer a blend of efficiency, and compact design. This guide showcases a variety of models, highlighting that bigger isn't always better. Key Points
mintBetter than an 11kg Samsung washing machine: Top 10 smaller models to check out
Exploring alternatives to the 11kg Samsung Washing Machine, we delve into 10 top smaller models that offer a blend of efficiency, and compact design. This guide showcases a variety of models, highlighting that bigger isn't always better. Key Points
mint
Is it time for them to get re-rated? Only for moderate risk takers, 5 mid & small-sized PSU banks
When a sector gets re-rated, it is the leader of that particular sector which tends to get the attention in the first leg. If the fundamentals of that sector continue to improve, then companies which are lower than in terms of scale and size are the ones which tend to get re-rated. If one looks at the re-rating of PSU banking space, the likes of SBI, BoB had started to do well some time back. But the mid and smaller PSU banks, not smaller when one looks at the market cap, but in terms of geographical presence and overall size of the business are likely to get more attention now. There are multiple reasons for it: GDP growth rate has a strong correlation with credit off take, which will be visible even in the books of these banks. Some of these banks started their digital journey late, the impact of which will be visible in the coming quarter. Key Points
Economic TimesWhite-label ATM leader India1 eyes a slice of fintech
India1 Payments, in which ICICI Ventures has about 49% stake, is promoted by Australias Banktech group. The company plans to leverage its customer base using its white-label ATM platform by being an account aggregator and connecting those interested in small-ticket loans with the potential lender. This could earn the company a fee-based income for the concluded transactions. Key Points
Economic TimesWhat we can learn from returning NRIs
Loneliness and isolation are becoming increasingly common in urban India, exacerbated by the focus on individual goals and the decline of multigenerational family structures. Housing options in India now cater to smaller nuclear families, with wider familial fallback options being drastically reduced. Concurrently, long-resident Indians based abroad are returning in search of a more sociable and caring retired life. Key Points
Economic TimesMarkets in red, defying Fed's smaller rate hike good news; banking stocks drag, SBI top loser
Indian equities on Thursday closed in the red with banking stocks taking a massive toll. Sensex erased its psychological mark of 58,000 and Nifty 50 came below the 17,100 level. Key Points
mintCo-lending pacts between NBFCs gaining traction
These include segments like home loans, two-wheeler loans, commercial vehicle loans, microfinance loans, gold loans and MSME loans. We are seeing bank-NBFC co-lending arrangements as well as NBFC-NBFC co-lending tie-ups,” he added. Key Points
Financialexpress