Largecap, midcap cutoff surges over 26% in latest Amfi classification

The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. Illustration: Dominic Xavier/Rediff.com On the......

Renewable energy: Avaada, others up the ante against conglomerates

When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the......

MSCI Index inclusion likely to spur big churn for domestic stocks

IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. Illustration: Dominic Xavier/Rediff.com These stocks, along with......

Some active funds made hefty bets on Jio Financial amid ETF selling

At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of......