The past week was a roller-coaster one for investors with bad news overwhelming the good. Here’s a curated list of BL’s top stories on markets to help you remain on top of it.
Nasty jolt
Depositors in Yes Bank faced a torrid time after the cap on withdrawals
https://www.thehindubusinessline.com/news/withdrawal-cap-sends-depositors-in-mumbai-into-a-state-of-frenzy/article31002958.ece?utm_source=udmprecommendation_markets&utm_medium=rightbar&transactionId =Lj7ftbM87apxM62uM8juU89OjDmfpC13
Tight spot
Shareholders of the bank were taken by surprise at the low acquisition price.
Rethinking AT1
What are the AT1 bonds that were written off by Yes Bank? An analysis
Cryptos are back
The SC this week overturned an RBI ban on crypto currencies reviving interest in the asset class.
Taking off
The BPCL sale seems to be taking off amid the market volatility.
https://www.thehindubusinessline.com/news/govt-invites-bids-for-sale-of-bpcl/article31008012.ece?utm_source=udmprecommendation_news&utm_medium=rightbar&transactionId=eZf9r v37IrpLIkY1p16oMdMeyOrjrccE
Watch the ROE
ROE is key to making money from stocks says a Motilal Oswal study.
Equities are the favourite asset class with HNIs.
New hit
Mutual funds may face a fresh round of troubles from Yes Bank’s AT1 bond defaults.