Metal Stocks

What happens to metal stocks after the Credit Suisse downgrade After a heady rally in recent months, the metal stocks got a sharp jolt in the last couple of weeks. Metal stocks showed signs of stabilizing in the last few days after China gave a positive perspective on metal prices. But it may be a…

Borrowing binge

Indian government must not take its fiscal deficit too lightly During the week, the GST Council has stated that the center will borrow a sum of Rs.158,000 crore to compensate the states for GST losses. This is due to the COVID 2.0 stress, but is it a good idea? Not much of a choice One…

Paytm IPO

How excited would investors be about a cash burning IPO? There is, at last, indication that Paytm may do the biggest IPO in Indian new issues market at Rs.21,800 crore. More details are awaited but it is expected to happen by December 2021, making it the largest IPO; ahead of Coal India. Biggest IPO ever…