LIC shares fall nearly three per cent
 

Volumes jump at Star Health & Allied Insurance Company Ltd counter
Source Credit: Business Standard

Star Health & Allied Insurance Company Ltd witnessed volume of 89.41 lakh shares by 14:14 IST on NSE, a 24.99 times surge over two-week average daily volume of 3.58 lakh shares
 

Sebi-mandated stress tests on small, midcaps serve a purpose despite limitations
Small-cap stocks typically face liquidity challenges compared to their larger counterparts. In response, the Securities and Exchange Board of India (Sebi) has initiated an evaluation, or stress tests, to determine if fund managers can efficiently liquidate stocks to meet redemption requests. Fund disclosures now specify the time required to liquidate 25% and 50% of holdings, offering investors insight into a fund's liquidity profile. The stress tests aim to alleviate Sebi's concerns about market frothiness due to significant inflows.

SEBI moots draft papers of public offers to include audio-visuals
Mumbai: SEBI has proposed that the disclosures made in the draft red herring (DRHP) and red herring (RHP) prospectus of public issues be made available in audio-visual (AV) format by the issuer companies listing on the main board. The AV will be in English and Hindi and made available in public domain.

Mutual funds: Investment in these 5 aggressive hybrid schemes doubled in the past 5 years; check list here
Prior to investing in a mutual fund, investors tend to examine the past returns and compare them against the similar schemes in the same category. The mutual fund schemes which tend to deliver high returns for several years in a row are believed to be more lucrative vis-à-vis the ones which fail to deliver high returns.

MF stress test data has only limited value for retail investors
At the behest of Securities and Exchange Board of India (SEBI), starting March 15, small and mid-cap equity mutual funds have begun to disclose monthly data on liquidity stress tests of their portfolios. The first set of disclosures reveal that, in the event of sudden redemption pressures impacting 50 per cent of their assets, small-cap funds may take one to 60 days to liquidate their holdings. To sell 25 per cent, they estimate 0.22 to 30 days. Mid-cap funds have pegged the number of days for liquidating half their portfolios at 0.09 to 34 days and for 25 per cent at 0.05 to 12 days. As expected, the disclosures broadly show that funds with significant large-cap or cash holdings may take fewer days to cash out. But it is difficult to make much of the data beyond this.

Aditya Birla Sun Life AMC promoters sell 11.5% stake; shares fall 3.3%
 

Trustees of CIG Realty Fund move SAT against Sebi order
Mumbai: The Trustees of CIG Realty Fund on Tuesday moved the Securities Appellate Tribunal challenging an order by the Securities and Exchange Board of India (Sebi) in December that barred them from accessing the capital markets. 

Bond issues to increase in FY25, lending rates to ease only from H2: India Ratings
Mumbai: The Indian economy is in the middle of coordinated tightening on the fiscal, monetary, liquidity and regulatory fronts--the aggregate impact of which will be felt in FY25. While fiscal and regulatory tightening will continue, monetary conditions starting with the banking system liquidity to begin to ease from H2 FY25, according to India Ratings.

Indian bond yields flattish, focus shifts to Fed rate decision, guidance
Indian government bond yields were little changed on Tuesday after a record state debt issuance went through without any major disruption, while focus shifted to the Federal Reserve’s interest rate decision and guidance on Wednesday.

NaBFID considers $4.8 billion worth of bond sale to double loan disbursements