Why Global Investors Are Avoiding Indian Stocks

Tata Capital is preparing to raise $2 billion through an initial public offering (IPO) but is waiting for final approval from the National Company Law Tribunal (NCLT) regarding its merger with Tata Motors Finance. This IPO could value the company at around $11 billion, making it one of the largest in India's financial sector. The company has already received board approval for the IPO, which will include both new equity shares and an offer from existing shareholders. This move is required by the Reserve Bank of India, as Tata Capital was designated as an upper-layer non-banking finance company in 2022. The approval process is expected to be finalized by the end of the current financial year.

On March 9, 2024, the Karnataka State IT/ITeS Employees Union (KITU) protested in Bengaluru, demanding urgent reforms in the IT sector. The union highlighted issues like long working hours and unpaid overtime, calling for stricter enforcement of labor laws. Their four main demands include setting daily work-hour limits, revoking certain exemptions for IT firms, taking action against law violations, and introducing a 'Right to Disconnect' policy. This comes amidst growing concerns over work-life balance, with many IT employees facing health issues due to excessive work. The protest showcases the urgent need for better employee protections in the industry.

The Indian stock market is experiencing a dry spell in its primary market, with no new major IPOs for the fourth week in a row. However, two small and medium enterprise (SME) IPOs are set to launch soon. The PDP Shipping IPO and Super Iron Foundry IPO will open for subscription on March 10 and 11, respectively, offering investors fresh shares at fixed prices. Despite the current market slowdown, interest in IPOs has surged in recent years, with the total funds raised tripling in FY2025. Investors have also increased significantly, signaling a growing appetite for new investment opportunities.

Ghazal Alagh, co-founder of Mamaearth, recently shared a heartfelt Instagram post reflecting on her dual role as a mother and entrepreneur. In an emotional dream, she revisited her 26-year-old self, who was overwhelmed with doubts and fears about motherhood and her ambitions. Ghazal comforted her younger self, emphasizing that the journey of creating safe products for her baby was born from love, not just business. Despite the guilt of balancing work and family, she encouraged others to embrace their paths. Her message resonated with many, reminding all mothers and dreamers that they are not alone in their struggles.

The gold and silver rates in India have seen fluctuations recently, with the price of gold in Delhi today at ₹87,883 per 10 grams, a slight increase from yesterday's rate. In Chennai, the gold price is ₹87,731, while Mumbai reports it at ₹87,737. Silver prices are also on the rise, with Delhi at ₹102,200 per kg. Factors affecting these prices include global demand, currency changes, and economic conditions. Understanding these elements helps consumers make informed decisions about investing in gold and silver, which remain popular in Indian culture.

Stock markets in India are showing a positive trend after a 1% rise on Wednesday, continuing to climb by 0.93% on Thursday. This is due to reduced selling by foreign institutional investors (FIIs) and increased buying by domestic institutional investors (DIIs). Small-cap stocks, which were previously losing value, are recovering as investors find them attractive. The Sensex and Nifty indices have also gained ground, indicating a bullish market sentiment. Analysts suggest that with better valuations, it’s a good time for investors to consider a "Buy on Dips" strategy, especially as high net worth investors are likely to return to the market.

Road accidents in India are on the rise, with Union Road Transport and Highways Minister Nitin Gadkari pointing fingers at civil engineers and poor project reports. He believes that small mistakes in road design and execution lead to countless fatalities, yet no one is held accountable. Gadkari criticized the Indian Road Congress for not focusing on serious research and improvement, calling it a "pleasure trip organisation." He emphasizes the need for collaboration between the government and industry to enhance road safety. The Global Road Infratech Summit aims for safer roads, advocating for innovative practices and technology to reduce accidents to zero.

The United States has taken a bold step in the cryptocurrency world by establishing a Strategic Bitcoin Reserve, as announced by President Donald Trump. This reserve will use forfeited bitcoins owned by the Department of Treasury. The move aims to capitalize on Bitcoin's limited supply, providing the U.S. with a tactical edge in the global financial system. Additionally, a U.S. Digital Asset Stockpile will include other cryptocurrencies like Ethereum and XRP. While the initiative is designed to secure and maximize the value of these digital assets, it has yet to positively impact Bitcoin's market price.

US Secretary of Commerce Howard Lutnick urged India to open its agriculture sector to American products during the India Today Conclave. He emphasized the need for a comprehensive trade agreement that includes agriculture, suggesting that India might consider quotas or limits to manage sensitivities. However, the Global Trade and Research Institute warned that these proposals could favor US interests over India’s strategic needs. President Trump also highlighted that India has agreed to reduce tariffs, claiming it has been restrictive in trade. India's approach must be careful and aligned with national priorities to ensure fair trade relations.

Shiv Nadar, the founder of HCL Group, has made a significant move by gifting 47% of his stake in HCL Corp and Vama Delhi to his daughter, Roshni Nadar Malhotra. This strategic transfer not only makes her the largest shareholder in HCL Infosystems and HCL Tech but also positions her as one of the richest individuals in India. With a net worth of $34.4 billion, Shiv Nadar ranks 52nd among the world's wealthiest, while Roshni secures her place as the fourth richest person in India. This succession plan aims to ensure stability and continuity in the family's leadership of HCL, while Roshni also actively contributes to education and conservation through her philanthropic work.

The new Income-tax Bill will empower tax officers to access social media and digital accounts, including online banking and trading platforms. This change aims to include "virtual digital space" in the tax authorities' search and seizure powers, making it easier to investigate tax evasion. While the bill simplifies existing provisions, it does not grant new powers but clarifies the ability to access digital information. These changes are part of a broader effort to modernize India’s outdated tax system, with the bill expected to take effect by April 2026 after parliamentary approval.

IKEA is set to enhance sleep quality for Indians by addressing issues like heat and noise, according to Jasper Wuts from IKEA Sweden. The company is expanding its home furnishing range to include temperature-regulating materials and soundproofing solutions like curtains and windows. Recent studies show that while many Indians feel they sleep enough, stress and environmental factors significantly affect sleep quality. IKEA's research indicates that customers are satisfied with their bedding, but improvements can be made in bedroom environments. The findings will guide IKEA's product development in India and globally, focusing on furniture that meets local needs.

Samir Arora, the founder of Helios Capital, shared his insights at the Moneycontrol Global Wealth Summit 2025, emphasizing that markets reflect both past performance and current realities rather than predicting the future. He highlighted that mid-cap stocks might show better returns in the short term, while small caps could struggle to reach even 10% returns over seven years. Arora views the current market as a corrective phase rather than a new bull run, stating that investing in equities remains wise despite fluctuations. He also expressed concerns about the US market, noting his significant cash position due to ongoing uncertainties.

On International Women's Day, Sonam Srivastava, a seasoned fund manager, encourages women to invest wisely in a market facing significant corrections. She advises focusing on quality stocks with strong fundamentals, such as financials, consumer goods, and technology, rather than chasing quick gains. A balanced investment strategy includes sectors like manufacturing and pharma, which offer growth potential. Women are urged to develop a disciplined investment approach, set clear goals, and avoid emotional decisions. With patience and continuous learning, they can build wealth effectively, ensuring a brighter financial future.

Getting the pricing of an IPO right is vital, especially in unpredictable markets. Rahul Saraf, head of investment banking at Citi, emphasized at the Moneycontrol Global Wealth Summit that the true value of merchant bankers lies in their judgment, particularly in selecting long-term investors. He highlighted the importance of anchor investors, who not only buy shares but also influence market sentiment. With many IPOs struggling and trading below their listing prices, Saraf advised that sometimes, lowering the price can attract stable investors essential for long-term growth. Looking ahead, he sees a surge in IPOs by 2025 despite current market challenges.

The future of work is transforming with AI technology, especially in India, where companies like Avaamo are pioneering autonomous AI workers. Ram Menon, CEO of Avaamo, emphasizes that AI will not just replace jobs but create new roles and industries. As India’s AI market is expected to reach between $1.2 trillion to $1.5 trillion, businesses are learning to use AI to boost productivity and efficiency. While some traditional roles, like call center jobs, may decline, new opportunities will rise, similar to past technological shifts. Avaamo’s AI workers aim to streamline processes, showing how India can uniquely adapt AI for its diverse needs.

As International Women's Day approaches, we celebrate remarkable women who have excelled in business globally. Alice Walton, the richest woman with a net worth of $114 billion, leads the pack, inheriting Walmart's legacy. Julia Koch and Jacqueline Mars follow closely, showcasing their wealth and influence through various industries, including sports and confectionery. Abigail Johnson, CEO of Fidelity Investments, and Miriam Adelson, a casino mogul, also stand out with their significant contributions. In India, Savitri Jindal leads OP Jindal Group, advocating social welfare and education. These women exemplify leadership and innovation in their fields.

India's cryptocurrency scene is evolving, with more women stepping into the investment world. According to a report by CoinSwitch, women now represent 11% of the 20 million investors in India’s cryptocurrency market. Hyderabad leads with an impressive 45% female investors, followed by Surat and Botad. Major cities like Delhi and Bengaluru also show a growing interest among women, with 20% of Coinbase's investors being female. Interestingly, 46% of women are curious about digital assets, although many prefer to learn more before investing. As we approach International Women's Day 2025, this shift highlights the increasing role of women in finance and technology.