Primary market – English Daily Sat, 01 Oct 2022 02:49:15 +0000 en-US hourly 1 Primary market – English Daily 32 32 3 events will set the tone for the market in October Fri, 30 Sep 2022 22:11:59 +0000

CNBC’s Jim Cramer said Friday that three key events next week will determine whether the nightmare month for the stock market continues into October.

Here are the events:

  • The release of the non-farm labor report on Friday. Cramer said he expects him to show inflated hiring and wages.
  • Two speeches by Cleveland Fed Chair Loretta Mester, who Cramer says is the top inflation hawk on the Federal Open Market Committee. “She wants to protect us … from high inflation, even if that means raising interest rates in a recession,” he said.

The S&P 500 closed its worst month since March 2020 on Friday. The Dow Jones Industrial Average and the Nasdaq Composite fell 8.8% and 10.5% respectively for the month.

While both Mester and the report are likely to bring bad news, investors can protect themselves from a market meltdown if they stick to a solid game plan, according to Cramer.

“Owning high-quality companies with good balance sheets and high dividends that will benefit from lower inflation, because that’s what’s going to happen,” he said.

He also previewed next week’s earnings list. All earnings and income estimates are courtesy of FactSet.

Wednesday: Helen of Troy, Lamb Wesson

Helen of Troy

  • Publication of the results for the second quarter of 2023 before the bell; conference call at 9 a.m. ET
  • Projected EPS: $2.21
  • Forecast revenue: $521 million

Lamb Weston Holdings

  • First Quarter 2023 Earnings Release at 8:30 a.m. ET; conference call at 10 a.m. ET
  • Projected EPS: 79 cents
  • Projected revenue: $1.21 billion

“We saw that from Nike last night – all that happens is that the downside gets bigger while the upside just walks on water or goes up slightly higher. That’s what I expect it to happen with both when they report,” Cramer said.

Thursday: Constellation Brands, Conagra Brands, McCormick, Norwegian Cruise Line Holdings

Constellation Brands

  • Q2 2023 earnings release at 7:30 a.m. ET; conference call at 10:30 a.m. ET
  • Projected EPS: $2.81
  • Projected revenue: $2.51 billion

He said he expects the company’s sales to be “extraordinarily good”.

Conagra Brands

  • First Quarter 2023 Earnings Release at 7:30 a.m. ET; conference call at 9:30 a.m. ET
  • Projected EPS: 52 cents
  • Projected revenue: $2.85 billion

The company needs to expand its business, according to Cramer.


  • Third Quarter 2022 Earnings Release at 6:30 a.m. ET; conference call at 8 a.m. ET
  • Projected EPS: 71 cents
  • Projected revenue: $1.6 billion

Cramer said the company’s earnings call will simply bolster its weaker-than-expected third-quarter earnings and full-year outlook announced earlier this month.

Norwegian cruise line

  • Investor meeting at 10 a.m. ET

Cramer said he expects Norwegian to perform better than rival Carnival, which faced higher costs in its latest quarter, but it’s unclear whether that will be enough to help Norwegian’s actions.

Friday: Tilray Brands

  • First Quarter 2023 Earnings Release at 7:00 a.m. ET; conference call at 8:30 a.m. ET
  • Projected loss: loss of 5 cents per share
  • Projected revenue: $169 million

He predicted the company would make a “bold” statement on cannabis legalization and said he wondered if it might be a great speculative stock to own during the Biden administration.

Disclosure: Cramer’s Charitable Trust owns stock in Constellation Brands.

Cramer's game plan for the October 3 trading week

Jim Cramer’s Guide to Investing

Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter.

Live news: Bankers tell Kwarteng better communication will calm markets Wed, 28 Sep 2022 13:48:38 +0000

The renminbi’s offshore exchange rate fell to a record low on Wednesday, putting further pressure on China’s central bank to intervene directly to support the country’s currency.

The offshore rate fell 0.7% to 7.2281 Rmb against the dollar, the lowest on record since Hong Kong clearing banks were first allowed to open renminbi accounts freely in 2010.

Meanwhile, the more tightly regulated onshore rate also fell 0.7% to 7.225 Rmb. The decline sent the onshore rate down 13.6% year-to-date, underscoring the impact of widening policy divergence between a dovish China seeking to support growth and a hawkish US Federal Reserve.

Measures taken by the People’s Bank of China have so far failed to deploy large foreign exchange reserves, relying instead on indirect measures to discourage betting on further declines and slow the pace of the depreciation.

On Monday, the central bank introduced new measures, effectively making it more expensive to short sell the currency.

The offshore renminbi, introduced to facilitate greater international use of the Chinese currency, is not subject to the dollar trading band of the onshore rate, which limits movement to 2% in either direction from a point median fixed each morning by the central bank.

However, following a sell-off in 2015 spurred by a one-off devaluation, Chinese authorities limited liquidity in the Hong Kong market and the offshore renminbi has since tracked the onshore rate closely.

“Since there is little the PBoC can do to change the fundamental forces driving the dollar’s gains, attempts to reverse market trends would likely fail, undermining its credibility,” Wei He said. , analyst at Gavekal Dragonomics.

“The best thing is probably to let the current trend play out, while limiting volatility and waiting for the inevitable reversal in direction.”

Meet one of the hottest Charlotte-area tech companies you may never have heard of Sun, 25 Sep 2022 08:32:17 +0000

Photo courtesy of Atom Power

Huntersville-based Atom Power has grown from a small startup on the UNC Charlotte campus to a powerhouse garnering global attention for its electric vehicle charging technology in less than a decade.

Driving the news: Last month, SK, South Korea’s largest conglomerate behind Samsung, according to Reuters, announced a $100 million investment in Atom Power, the local company’s biggest investment to date.

Why is this important: Historically, the Triangle has gotten all the attention of tech talent in North Carolina (it’s even why Amazon snubbed Charlotte for its HQ2 shortlist). But Charlotte is teeming with engineering and technology workers, says Atom co-founder Ryan Kennedy, a Charlotte native. That’s why he has his company headquarters here.

“That’s the assumption, there’s not a lot of tech talent here. The reality is quite different,” says Kennedy. Charlotte just doesn’t present itself well enough as a home for workers and jobs. in technology, he adds.

Enlarge: Kennedy worked for years installing electrical systems in Uptown buildings before going to college — first for two years at Central Piedmont, then three at UNC Charlotte, where he studied electrical engineering. For years after college, he worked in building design and construction management, again at big Uptown towers like the Duke Energy Center.

Rollback: He started Atom Power in 2014. The idea was to create a simple, unified platform (a circuit breaker) as an alternative way to generate power, Kennedy told Axios.

  • Atom has designed its technology to be able to scale quickly – the charging infrastructure must be able to keep up with demand, according to the company.

“I personally saw that there was going to be a wave of transitioning from carbon-based fuels and going all-electric, which is really happening,” Kennedy says.

Today, he describes Atom as a power distribution company. Atom manufactures digital circuit breakers to power electric vehicle chargers for customers such as large-scale developers and multi-family properties.

Zoom out: SK’s recent investment will allow Atom to expand its operations throughout the United States and around the world, Kennedy said.

  • SK also announced a $50 million stake in Atom Power, making it the local company’s largest outside investor. Other big Atom investors include Siemens and ABB.
  • To note : SK pledged earlier this year to invest $22 billion in a range of technologies and “clean technology industries” in the United States,” WRAL reported.

Between the lines: With SK’s investment, Atom also plans to expand its workforce. The company employs about 70 people in Huntersville today; the goal is to grow to 240 by the end of 2023, Kennedy says, primarily in manufacturing and engineering.

  • The company also plans to open an office in Raleigh, he adds.

And after: Atom plans to use its technology to help evolve electric vehicle charging infrastructure. Scalability, says Kennedy, has been a challenge for manufacturers of electric vehicle chargers.

  • Additionally, SK cited Atom’s core technology as the reason for its investment, according to a statement from the two companies. This means the technology could be applied to a range of different industries.

Car charging is Atom’s main market today, says Kennedy, but the technology could adapt to any electric industry. This could go in a data center, commercial building or residences, for example.

“Atom Power has helped put Charlotte on the map in so many ways, globally at this point,” Kennedy says.

Read next story

25 fall experiences for every budget - from culinary hobbies to travel destinations

Luxury Hotel Market Business Growth Strategies 2022-2028, by Size and Survey Caproate | Oberoi Hotels, Hilton Hotels Wed, 21 Sep 2022 10:08:00 +0000

Luxury hotel market1

The luxury hotel market is expected to be driven by increasing growth in the travel and tourism industry, rising disposable income,

SEATTLE, WASHINGTON, USA, Sept. 21, 2022 / — Latest Luxury Hotel Market Study Provides Comprehensive Analysis of Key Business Models, Market Shares and Competitive Strategies of Companies most important in this sector. The study provides a comprehensive analysis of major influencing elements, along with market revenue statistics, industry data, regional data, and country-specific data. This report could be considered the most comprehensive proof of the constant evolution of the luxury hotel industry.

Luxury hotels are the hotels that offer luxurious accommodation to their customers. Luxury hotels offer rooms with high-quality furnishings, exclusive design interiors, and are equipped with flat-screen TVs, coffeemakers, and efficient air conditioning systems. These luxury hotels also offer quality catering services. Different types of luxury hotels include business hotels, airport hotels, suite hotels, resorts and spas, and golf and ski hotels.

Request sample copy of report here @

In-depth insights into market revenue, key market trends, macroeconomic indicators, controlling variables, and market attractiveness by market segment are provided in the study report. The study gives a general summary of the growth rate of the luxury hotel market from 2022 to 2028, which is the forecast period. The research also highlights the qualitative effects of key market components across market segments and geographies which is crucial. The market is split based on product type, application, technology, and geographical location in the research. The research examines the current state of several elements, including but not limited to supply chain management, niche markets, distribution channels, trade, supply and demand, and production capacity in several countries, in order to provide more clarity on the sector.

Major Key Market Players/Supplier/Manufacture including Are-

The Indian Hotels Company Limited, InterContinental Hotels Group plc, Rosewood Hotels & Resorts, Oberoi Hotels & Resorts, Naman Retreat, Jumeirah International LLC, Shangri-La International Hotel Management Ltd., Hyatt Hotels Corporation, Accor SA, Hilton Hotels & Resorts and Marriott International, Inc.

Market Taxonomy

On the basis of hotel type, the global luxury hotel market is segmented into:

Business Hotels
Airport hotels
Suite Hotels
Resorts and spas

On the basis of operating channel, the global luxury hotel market is segmented into:

On line

✅The research provides answers to the following key questions:

✦ What is the expected growth rate of the market over the forecast period 2022-2028? How big will the market be during the forecast period?
✦ What are the major factors that will determine the development of the luxury hotel market during the forecast?
✦ Who are the major market players and what are the successful business models that have enabled them to dominate the luxury hospitality industry?
✦ What are the key market trends affecting the growth of the luxury hotel market across various geographies?
✦ What are the main dangers and obstacles that could prevent the luxury hotel industry from developing?
✦ What are the main openings that market leaders could take advantage of to succeed and make money?

SWOT analysis is used in the study to assess the strengths and weaknesses of key players in the luxury hotel market. The research also provides in-depth analysis of market drivers and restraints. In addition to macroeconomic information, prevailing conditions and market attractiveness according to different categories, the research also assesses the trends observed in the main market. The research makes predictions on how various industry factors would affect the geographies and market categories for luxury hotels.

𝐆𝐞𝐭 𝐚 𝐅𝐥𝐚𝐭 𝐔𝐒𝐃 𝟐𝟎𝟎𝟎 𝐎𝐅𝐅

Buy this research report directly @

✅Our reports will help customers resolve the following issues:-

✧ Insecurity about the future:

Our research and insights help our clients anticipate future revenue buckets and growth ranges. This will help our clients invest or divest their assets.

✧ Understand market opinions:

An objective understanding of market perceptions is crucial to developing a strategy. Our findings offer a sharp perspective on the mood of the market. By engaging with key players in the value chain of each industry, we pursue our recognition.

✧ Understand the most reliable investment centers:

In order to categorize the investment centers of the market, our research considers their potential future demand, returns and profit margins. By purchasing our market research, our clients can focus on the most well-known investment hubs.

✧ Assess potential business partners:

Our research and insights help our clients identify compatible business partners.


Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Scope of research
1.4 Market Analysis by Regions
1.5 Global Luxury Hotel Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Impact on Luxury Hotel Industry

Chapter 2 Global Luxury Hotel Competition by Types, Applications, and Top Regions and Countries
2.1 Global Luxury Hotels (Volume and Value) by Type
2.3 Global Luxury Hotels (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Luxury Hotel Sales, Consumption, Export, Import by Regions (2016-2022)
Chapter 5 North America Luxury Hotel Market Analysis
Chapter 6 Analysis of East Asia Luxury Hotel Market
Chapter 7 Europe Luxury Hotel Market Analysis
Chapter 8 Southeast Asia Luxury Hotel Market Analysis
Chapter 9 Southeast Asia Luxury Hotel Market Analysis
Chapter 10 Middle East Luxury Hotel Market Analysis
Chapter 11 Africa Luxury Hotel Market Analysis
Chapter 12 Oceania Luxury Hotel Market Analysis
Chapter 13 South America Luxury Hotel Market Analysis
Chapter 14 Luxury Hospitality Company Profiles and Key Figures
Chapter 15 Global Luxury Hotel Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology

𝗔𝗯𝗼𝘂𝘁 𝘂𝘀:
Coherent Market Insights is a global market intelligence and advisory firm that offers syndicated and custom research reports and advisory services. We are known for our actionable insights and reliable reporting across a wide range of industries, including aerospace and defense, agriculture, food and beverage, automotive, chemicals and materials, and virtually every other domain and subdomain imaginable. Our clients benefit from our highly reliable and accurate reports. We are also committed to continuing to deliver measurable, long-term results to our clients post-COVID-19 by playing a leadership role in providing insights across various industries.

Mr Shah
Coherent Market Insights Pvt. ltd.
+1 206-701-6702
write to us here
Visit us on social media:

Looking to invest in bonds? Know the tax rules when buying in the primary market and holding to maturity Mon, 19 Sep 2022 09:16:27 +0000

There are several types of bonds available in India and investors seek to invest in these bonds with the aim of obtaining both interest and principal appreciation.

Since different bonds are taxed differently depending on their nature and how long they are held, you should be aware of the tax benefits and implications before making an investment decision.

Unless expressly stated, bond interest is generally taxable. Otherwise, the name of a bond would contain the terms – non-taxable and capital gain, etc., where applicable.

So what will be the tax rules when a bond is purchased in the primary market (when issued) and held to maturity?

Dr. Suresh Surana, Founder of RSM India, explains the tax rules for different types of bonds in such a case:

The taxation of bonds depends on whether the bond is listed or unlisted as well as the holding period of these bonds.

In the case of listed bonds, capital gains from such bonds would be long term in nature provided the bonds are held for a period of more than 12 months, otherwise such gains would be considered short term. Long-term capital gains from bonds would be taxed at the rate of 20% in accordance with Section 112 of the Income Tax Act 1961 (hereinafter referred to as “the Computers Act”) without indexation, while short-term capital gains from bonds would be taxed at marginal tax rates applicable to the investor. However, in the case of unlisted bonds, although the tax rates would apply as indicated above, the threshold limit for the determination of long-term capital gains would be 36 months instead of 12 months , that is, gains from these unlisted bonds would be considered long-term only. when the bonds are held for a period of more than 36 months, otherwise such gains would be treated as short-term.

It is pertinent to note that no indexation benefit can be used in the event of long-term capital gains from bonds, except in the case of capital-indexed bonds and sovereign gold bonds.

Since the Bonds are purchased on the Primary Market, it can be assumed that these bonds are listed bonds.

A. Period for deciding whether the capital gain is short-term or long-term – 12 months. In the event that these are not listed, the threshold period of 36 months would apply.

B. Current tax rates applicable to each situation – Long-term capital gains will be taxed at 20% and short-term capital gains will be subject to marginal slab rates.

However, it should be noted that in the case of gold sovereign bonds, no capital gain would arise on these bonds if they are held to maturity in accordance with article 47 (viic) of the IT law.

]]> Primary Sclerosing Cholangitis Market is Expected to Witness Increased Growth Over the Forecast Period (2022-2032), DelveInsight Reviews | Key Companies – Cilofexor, HTD1801, NGM282 (Aldafermin) Sat, 17 Sep 2022 02:27:37 +0000

The “Primary Sclerosing Cholangitis Market Inspections, Epidemiology and Forecast 2032” report from DelveInsight offers an in-depth understanding of Primary Sclerosing Cholangitis, historical and forecasted epidemiology as well as Primary Sclerosing Cholangitis market trends to the United States, in the EU5 (Germany, Spain, Italy, France and United Kingdom) and in Japan.

The Primary Sclerosing Cholangitis Market is expected to rise due to the increasing prevalence and awareness of the disease over the forecast period. Additionally, the launch of various multi-stage primary sclerosing cholangitis pipeline products will significantly revolutionize the primary sclerosing cholangitis market dynamics.

Overview of Primary Sclerosing Cholangitis

Primary sclerosing cholangitis (PSC) is a rare cholestatic disorder of the liver, with narrowings of the bile ducts leading to cirrhosis of the liver in a proportion of patients. The etiology of PSC is unknown; thus, PSC is generally considered an idiopathic condition. Primary sclerosing cholangitis is often associated with inflammatory bowel disease and an increased risk of cholangitis carcinoma, gallbladder cancer, colorectal cancer, and hepatocellular carcinoma. Medical treatments are primarily aimed at symptom management, and disease-modifying treatments are limited. Endoscopic therapies are used in patients with dominant strictures and liver transplantation is a last resort.

Some of the key facts from the Primary Sclerosing Cholangitis Market report:

  • Primary Sclerosing Cholangitis Market Size Expected to Grow with Significant Growth CAGR during the study period (2019-2032)
  • The United States accounted for the largest primary sclerosing cholangitis market size, compared to EU5 (UK, Germany, Italy, France, and Spain) and Japan.
  • According to Gochanour et al., the prevalence in the United States is estimated at 1 to 16 per 100,000
  • According to Aune et al, primary sclerosing cholangitis is a rare disease with an incidence of 0.4-0.7 cases per 100,000 in the UK and a prevalence of 3.9-16.2 per 100,000
  • Main undertakings of primary sclerosing cholangitis: Gilead Sciences, High Tide Pty Ltd, NGM Biopharmaceuticals and others
  • Key therapies for primary sclerosing cholangitis: Cilofexor, HTD1801, NGM282 (Aldafermin) and others
  • Gender-based epidemiology of primary sclerosing cholangitis analyzed that men are more affected than women in cases of primary sclerosing cholangitis

Get Free Sample for Primary Sclerosing Cholangitis Market Report

Key Highlights of the Primary Sclerosing Cholangitis Market Report:

  1. The Primary Sclerosing Cholangitis Market report covers a descriptive overview and comprehensive overview of the Primary Sclerosing Cholangitis Epidemiology and Primary Sclerosing Cholangitis market in 7MM (US, EU5 (Germany, Spain, France , Italy, UK) and Japan.)
  2. The Primary Sclerosing Cholangitis market report provides insight into current and emerging therapies.
  3. The Primary Sclerosing Cholangitis Market report provides historical and forecast global market covering the spread of drugs in 7MM.
  4. The Primary Sclerosing Cholangitis Market report offers an advantage which will help in developing business strategies by understanding the trends shaping and driving the Primary Sclerosing Cholangitis market.

Learn More About Therapies Aimed to Capture Major Primary Sclerosing Cholangitis Market Share @ Primary Sclerosing Cholangitis Market Forecast

Segmentation of the epidemiology of primary sclerosing cholangitis:

The Primary Sclerosing Cholangitis market report offers epidemiological analysis for the study period 2019-2032 in 7MM segmented into:

  • Total prevalence of primary sclerosing cholangitis
  • Prevalent cases of primary sclerosing cholangitis by severity
  • Prevalence by sex of primary sclerosing cholangitis
  • Diagnosed cases of episodic and chronic primary sclerosing cholangitis

Primary Sclerosing Cholangitis Market

Primary Sclerosing Cholangitis market dynamics are expected to change in the coming years owing to the anticipated launch of emerging therapies such as HTD1801, NGM282and others during the forecast period 2019-2032.

Download the report to understand which factors drive the epidemiological trends of primary sclerosing cholangitis @ Epidemiological insights of primary sclerosing cholangitis

Primary Sclerosing Cholangitis Market Drivers

  • Market opportunity
  • Increase in research activities
  • Genome-wide association studies for primary sclerosing cholangitis

Primary sclerosing cholangitis therapies and key companies

  • Cilofexor: Gilead Sciences
  • HTD1801: High Tide Pty Ltd
  • NGM282 (Aldafermin): NGM Biopharmaceuticals

Scope of the Primary Sclerosing Cholangitis Market Report

  • Study period: 2019-2032
  • Cover: 7MM [The United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan]
  • Main undertakings of primary sclerosing cholangitis: Gilead Sciences, High Tide Pty Ltd, NGM Biopharmaceuticals and others
  • Key therapies for primary sclerosing cholangitis: Cilofexor, HTD1801, NGM282 (Aldafermin) and others
  • Therapeutic assessment of primary sclerosing cholangitis: Currently marketed primary sclerosing cholangitis and emerging therapies for primary sclerosing cholangitis
  • Primary Sclerosing Cholangitis Market Dynamics: Primary Sclerosing Cholangitis Market Drivers and Barriers
  • Competitive intelligence analysis: SWOT analysis, PESTLE analysis, Porter’s five forces, BCG matrix, market entry strategies
  • Unmet Needs, KOL Views, Analyst Views, Market Access and Reimbursement for Primary Sclerosing Cholangitis

Primary Sclerosing Cholangitis Market Barriers

  • Lack of country-specific epidemiological data
  • Trial shortcomings
  • Unavailability of biomarkers


1. Primary Sclerosing Cholangitis Market Report Introduction

2. Executive Summary for Primary Sclerosing Cholangitis

3. SWOT analysis of primary sclerosing cholangitis

4. Share of patients with primary sclerosing cholangitis (%) Overview at a glance

5. Primary Sclerosing Cholangitis Market Overview at a Glance

6. Background and disease overview of primary sclerosing cholangitis

7. Primary sclerosing cholangitis epidemiology and patient population

8. Patient population by country with primary sclerosing cholangitis

9. Current treatment of primary sclerosing cholangitis and medical practices

10. Unmet needs in primary sclerosing cholangitis

11. Emerging therapies for primary sclerosing cholangitis

12. Primary Sclerosing Cholangitis Market Outlook

13. Primary Sclerosing Cholangitis Market Analysis by Countries (2019-2032)

14. Access to the primary sclerosing cholangitis market and reimbursement of therapies

15. Primary Sclerosing Cholangitis Market Drivers

16. Primary Sclerosing Cholangitis Market Barriers

17. Appendix of primary sclerosing cholangitis

18. Primary sclerosing cholangitis reporting methodology

19. DelveInsight Abilities

20. Disclaimer

21. About DelveInsight

To learn more about the treatment of primary sclerosing cholangitis, visit @ Medications for primary sclerosing cholangitis

Media Contact
Company Name: DelveInsight Business Research LLP
Contact person: Gaurav Bora
E-mail: Send an email
Call: 9193216187
Address:304 S. Jones Boulevard #2432
Town: Vegas
State: Nevada
Country: United States

Tamilnad Mercantile Bank IPO today. Experts predict flat starts Thu, 15 Sep 2022 00:17:27 +0000

Tamilnad Mercantile Bank share price will be available for traders and investors from today. According to information available on the BSE website, the IPO date of Tamilnad Mercantile Bank has been set for September 15, 2022. The BSE notice states that the shares of Tamilnad Mercantile Bank Limited will be listed and admitted to trade on the BSE and the NSE in the list of securities of group ‘T’. The certificate will be in the Trade-for-Trade segment until further notice.

According to stock market watchers, pending legal issues and subdued prices have investors on their toes. They said Tamilnad Mercantile Bank shares may have a flat quote and we may not see a Tamilnad Mercantile Bank IPO today. Tamilnad Mercantile Bank GMP (grey market premium) IPO is today, according to market watchers 10, this means that the gray market also expects the same lines.

Speaking at the Tamilnad Mercantile Bank stock listing, Abhay Doshi, Founder of, said: “Primary markets have gained momentum with few decent listings. However, Tamilnad Mercantile Bank got a lackluster response from QIB and HNI segments comparatively. and subdued prices may have made investors wary. The issue may list around its issue price and we might not witness much fanfare when listing.

Expecting a flat quote for Tamilnad Mercantile Bank shares, Aayush Agrawal, Senior Research Analyst at Swastika Investmart said: “We expect a flat or negative quote based on the current GMP and less subscription numbers. We had assigned an avoidance rating due to precarious legal challenges and lack of complete clarity on management’s long-term performance despite improving fundamentals over the past three years.”

Anticipating Tamilnad Mercantile Bank shares to trade around its issue price, Ravi Singh, CEO of GCL Securities, said: “Tamilnad Mercantile Bank has so far delivered cautious growth figures, however, margins remained stable with sound fundamentals. its issue price due to a subdued response amid subdued secondary market sentiment and a vigilant approach to the ongoing OFS legal case. »

On Tamilnad Mercantile Bank’s listing price, Manoj Dalmia, Founder and Director of Proficient Equities, said: “If there is positive market sentiment, Tamilnad Mercantile Bank shares could debut around 540 per share, which is less than 3% of its issue price of 500 to 525 per share. Investors can wait for the quote and those looking for the long haul can wait for the stock to gain as Nifty Bank looks bullish. Even those looking for gains can hold out for a few weeks, but with a stop loss depending on risk appetite.”

Tamilnad Mercantile Bank IPO GMP today

According to market watchers, Tamilnad Mercantile Bank GMP IPO is today 10, which is further 5 below its Wednesday GMP of 15. This means that the gray market expects shares of Tamilnad Mercantile Bank 535 ( 525+ 10), which is at par with its issue price of 500 to 525 per share.

Disclaimer: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

Catch all the trade news, market news, breaking news and latest updates on Live Mint. Download the Mint News app to get daily market updates.

More less

To subscribe to Mint Bulletins

* Enter a valid email

* Thank you for subscribing to our newsletter.

Post your comment

Five-year tranche of UAE Treasuries receives bids worth Dhs 8.6 billion in fourth auction Mon, 12 Sep 2022 21:00:28 +0000

The United Arab Emirates, represented by the Ministry of Finance (MoF) as issuer, together with the Central Bank of the United Arab Emirates (CBUAE) as issuing and paying agent, announced the results of the fourth sale auction of the Treasury bond program (T-Bonds), which is part of the Dhs 9 billion T-Bond issuance program for 2022.

The fourth auction, which saw the first issue of five-year Treasury bonds, saw strong demand through all six major banking brokers, with bids received worth $8.6 billion. Dhs and a 5.7x oversubscription, according to the state news agency. W.A.M..

The performance is reflected in attractive market-determined prices, which were achieved by an eight basis point (bp) spread over US Treasuries for two years and a 20 basis point spread over US Treasuries. of the US Treasury for five years.

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, said the new five-year treasury bills will help strengthen the local debt capital market and build the UAE dirham-denominated yield curve. He added that establishing an active market for treasury bill trading also helps increase efficiency in pricing and capital allocation and supports the development of a broader capital market. It also offers foreign investors safer alternatives to invest in the local currency.

“T-Bonds support the country’s financial and economic policies aimed at achieving comprehensive and sustainable economic development. They also help boost the financial market and credit structure, and create a multi-investment environment that helps make the UAE an ideal investment destination, especially as the country enjoys a solid rating. by international credit agencies, which has cemented its position as one of the most competitive economies internationally,” said Al Hussaini.

Khaled Mohamed Balama, Governor of the CBUAE, explained: “The issuance of five-year Treasury bonds in the national currency is an advanced step in the plans and directions of the UAE towards the diversification of capital markets activities, the construction of the UAE dirham-dominated yield curve and achieving the objectives of the monetary framework in dirhams.

“We are confident in the infrastructure we have established, which would enhance the UAE’s ability to develop the financial sector in line with monetary policies and strategic plans. We are pleased with the positive outcome of our partnership with the Ministry of Finance in developing the financial market and improving the country’s investment environment.

In May, the United Arab Emirates, represented by the MoF as issuer, together with the CBUAE as issuing and paying agent, issued the United Arab Emirates Government Dirham-denominated T-Bonds (T-Bonds). Bonds), in two and three years. warrants. Six agent banks have been appointed by the MoF as primary dealers for participants in the primary market T-Bond auction and to actively develop the secondary market. These banks are Abu Dhabi Commercial Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, Mashreq Bank and Standard Chartered.

The Ministry of Finance and the CBUAE have worked closely with all relevant government entities and international financial organizations to ensure the application of international best practices in the T-Bonds program.

In addition, in June, the United Arab Emirates announced that it would issue two-tranche benchmark size bonds denominated in US dollars.

Read: UAE to issue dual-tranche dollar-denominated sovereign bonds

Why smart cycle management is key to the ‘delicate’ nat cat range: AXA XL Re Sun, 11 Sep 2022 02:17:04 +0000

Nancy Bewlay (photo), Managing Director of AXA XL Reinsurance, is perfectly clear on her mission: to add value to the parent AXA group. It also means smart cycle management and knowing when an opportunity arises, like in the property chat room at reduced capacity right now.

An exodus of capacity from the real estate cat market has resulted in the best pricing in this sector since 2006 – and that means a clear opportunity for reinsurers able and willing to operate in this space, Bewlay said. Smart insurer.

Bewlay, who took over the reins of AXA XL’s reinsurance unit in March, replacing Charles Cooper, admits the real estate chat can be “a tricky space” and stresses the firm won’t accept too many volatility. But it is clear that competent and experienced players in this field, such as AXA XL Reinsurance, can reap the benefits of the cycle.

“We’re still a big provider of nat chat capability; there has been a big loss of capacity in this market, so we see potential for growth,” she said. “We manage our cat book carefully and strategically deploy our capital to control the volatility of our cat nat.

“A capacity leak means that there is not enough capacity for the primary market. Markets that would have had 150% on a placement last year are struggling to get 100%. In places like Florida, it’s even worse.

“It’s a tricky space, but for those of us who stayed, it’s certainly possible to look at the market risks and charge an adequate price that reflects the exposure.”

On one level, Bewlay views real estate chat business writing as part of the industry’s responsibility as the world grapples with climate change. The company has invested heavily in recent years in data and the application of science to how global warming will affect risk. She sees an opportunity in the reinsurance of climate-related products and services under development.

“As primary insurers move into this space, it also means an opportunity for reinsurers,” she said.

“Our job is to bring consistent results to AXA that diversify the portfolio.” Nancy Bewlay, AXA XL Reinsurance

Capacity needed

In addition to these potential growth areas, Bewlay sees opportunities in other areas where capacity is needed: artificial chat space and in lines impacted by the Ukraine-Russia war, including navy, energy and aviation.

Ultimately, across all industries, she argues, it’s all about knowing where you are in the cycle, which is sometimes only possible at an industry level with hindsight. But individual companies need to base their opinions on their own portfolios, she believes.

“Cycle management is about always knowing where you are in the cycle and defining it for yourself. My real estate team will tell you this is the best cat market they’ve seen since 2006. In American professional lines, it’s different.

“After two years of rising rates, we are now seeing a flattening. So it depends on where you stand in each industry based on your own benchmarks.

Bewlay has an extraordinary CV. Few other executives may have worked for a list of mentors/bosses that includes Warren Buffett, Hank Greenberg, Bill Berkley and Mike McGavick. During her 30-year career, she worked for General Re, which was acquired by Buffett’s Berkshire Hathaway, Greenberg’s CV Starr, WR Berkley E&S unit Admiral and XL Catlin. She served as Head of P&C Underwriting, North America at Swiss Re and also served at Marsh.

Despite this experience, this is Bewlay’s first Monte Carlo appointment. She says she is looking forward to rekindling relationships and meeting some clients in person for the first time. She notes that the face-to-face element will be unique and so important for some young participants accustomed to a virtual work environment. In a relational business and in a time of uncertainty on so many levels, that contact is vital, she believes.

“It’s a relationship-based industry and there’s a lot to discuss,” she said. “Our customers will want to talk a lot about cyber, climate change, and of course the need for additional chat capability.

“It will definitely be a priority. From our point of view, we know what capacity we want to bring to this market and who our best customers are. We are also always open to new customers. But it will be a big discussion in the context of the capacity constraints that we are seeing.

Such caution, she notes, is understandable, given the events of recent years. The industry has suffered not one but two Black Swan events in recent years: the COVID-19 pandemic and a frequency of catastrophic events that exceeded anything risk models predicted.

“We’ve had flooding in Australia, hailstorms in France, more wildfires – the uncertainty remains. People ask, “Is this the new normal?”. The industry stayed disciplined because we had those two black swans,” she said.

“If five years ago you were doing your scenario modeling, you would never have predicted this. So the industry was surprised.

Bewlay explains how she sees her job at the head of AXA XL Réassurance: bringing added value to the AXA Group by offering diversification and stability of results.

“Our job is to provide AXA with consistent results that diversify the portfolio. The question for me and the wider AXA XL Reinsurance management team is, which clients do we serve and how does this combination help us create the ideal global AXA XL reinsurance portfolio?

“This reflection will guide my conversations in Monte Carlo,” she said.

Global reach

Its mission, argues Bewlay, is facilitated in some ways by the fact that AXA is a parent. She describes AXA XL Reinsurance as a strong Tier 2 reinsurer. Although it is overshadowed by Swiss Re and Munich Re, with the support of its parent company, it can match them in terms of overall balance sheet, financial strength, expertise and access to different markets around the world.

“My job is to translate that brand and that financial strength into opportunities in the reinsurance business,” she said. “We have expertise in real estate, cat real estate, all long tail lines and we also have a nice portfolio of credit and surety, maritime and aeronautical activities.

“We have expertise in all of these areas. Our customers matter: we invest in long-term relationships. We have been working with some clients for over 30 years. We are still paying claims 30 years later. Additionally, we are very committed to data and analytics, which are some of the best I have seen in my career.

“Finally, we are a completely global company. We combine local knowledge and global expertise when allocating our reinsurance capital.

“The world is different everywhere. There are problems in some parts of the world that don’t exist in others. Each market works differently. The protection gap is wider in some places than in others. This local knowledge gives us an edge,” she concluded.

Monte Carlo Rendez-Vous, AXA XL Reinsurance, Property Cat, Nat Cat, Cyber, Climate Change, Catastrophe, Insurance, Reinsurance, Nancy Bewlay, Monte Carlo

Teeth Whitening Products Market to Witness Skyrocketing Growth 2022-2028 | The Procter & Gamble Company, Unilever PLC, Colgate-Palmolive Company, Johnson & Johnson, GlaxoSmithKline PLC Mon, 05 Sep 2022 09:21:34 +0000

Synopsis of the report

A new study titled Teeth Whitening Products Market 2022, published by The Coherent Market Insights, provides insights on regional and global markets expected to rise in value from 2022 to 2028. The in-depth research on the global Teeth Whitening Products Market Teeth offers significant insights on changing market dynamics, value chain analysis, well-known investment hotspots, competitive scenarios, regional landscape and major segments. It also offers comprehensive analysis of controls and restraints for the global market. Also provides excellent information on strategies and opportunities used in the global industry. It will help those industry workers, policymakers, stakeholders, investors, and newcomers in the global Teeth Whitening Products market industry to grasp opportunities, identify crucial tactics, and take advantage over their rivals.

Request a sample for authentic analysis and comprehensive market insights at:

Market overview

This study provides in-depth insights into market drivers, emerging trends, development opportunities and market restraints that might impact the market dynamics of Teeth Whitening Products. The study assesses the global market size of teeth whitening products and examines the strategic trends of key international competitors. The study estimates the market size in terms of sales over the forecast period. Every data point, including percentage shares and breakdowns, is derived from secondary sources and double-checked with primary sources. Porter’s Five Forces analysis, SWOT analysis, regulatory environment and significant buyers have all been done for the report to assess the major influencing factors and barriers to entry in the industry.

Top companies include: The Procter & Gamble Company, Unilever PLC, Colgate-Palmolive Company, Johnson & Johnson, GlaxoSmithKline PLC, Church & Dwight Co., Inc., Henkel AG & Co. KGaA, Lion Corporation, Ultradent Products Inc., Brodie & Stone, KöR Bleaching, GLO Science, Beyond International Inc. and Koninklijke Philips NV

Report scope

The teeth whitening products market is segmented on the basis of product line, scope, and geographical location. Market share, growth rate, and valuation for each industry, region, and nation are also included. The post also includes driving forces, restraining factors, and future trends that are expected to drive revenue inflow in the coming years by segment and location.

Regional analysis:

➤ North America: United States, Mexico and Canada
➤ South and Central America: Argentina, Chile, Brazil and others
➤ Middle East and Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt, South Africa and Rest of MEA.
➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, Nordics and Rest of Europe.
➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and rest of APAC.

Competitive landscape

In order to meet the various demands of customers and readers, the study contains a brief summary of key industry participants and contributions. Clients will also find significant variables in this report that have a strong impact on the growth of the Teeth Whitening Products market such as vendor environment and recent intensity of competition.

By conducting a comprehensive review of manufacturers, producers, distributors and dealers, the research aims to assist key players in a variety of strategic decisions and vital investment objectives. Secondary and validated primary sources are used to evaluate key companies and their production data, percentage breakdowns, market shares, product industry breakdowns, and growth rates.

Get a PDF Brochure Learn more about report analysis with numbers and data tables, as well as market segmentation:

Report objectives

• Conduct research and forecast on the amount and value of the teeth whitening products market.
• Determination of market shares for significant segments of the teeth whitening products market.
• To show how different regions in the global Teeth Whitening Products market are developing.
• Research and analyze micro markets with respect to their potential and unique growth models as well as contributions to the Teeth Whitening Products market.
• To provide accurate and practical information on the factors impacting the development of the teeth whitening products market.
• To provide an in-depth analysis of the various business tactics leveraged by the Teeth Whitening Products market, including R&D, partnerships, agreements, collaborations, acquisitions, mergers, new product launches and acquisitions, mergers and purchases.

Key elements recognized by the report

• Market size and growth rate during the study period
• Significant factors that enable and hinder the growth of the market.
• The best suppliers and service providers on the market.
• Every organization goes through a full SWOT analysis.
• PEST study segmented by region
• Opportunities and challenges in the teeth whitening products market for existing vendors.
• Strategic initiatives have been implemented by key players.


➤ What is the estimated growth rate of the market for the forecast period 2022-2028?
➤ How big will the market be in the expected time frame?
➤ What are the major aspects that will determine the fate of the Teeth Whitening Products market during the forecast period?
➤ What are the winning strategies of the leading market players to establish a strong foothold in the Teeth Whitening Products market industry?
➤ What are the major market trends influencing the growth of the Teeth Whitening Products market across various regions?
➤ What are the major dangers and difficulties likely to hinder the growth of the Teeth Whitening Products market?
➤ What are the most critical opportunities for market leaders to succeed and profit?


1. Market overview

• Research objective and hypothesis
• Research objectives
• Hypotheses
• Abbreviations

2. Market Overview

• Description of the report
• Definition and scope of the market
• Summary
• Market extract, by function
• Market extract, by application
• Market extract, by region
• Consistent Opportunity Map (COM)

3. Market dynamics, regulation and trend analysis

• Market dynamics
• Drivers
• Constraints
• Market opportunities
• Regulatory scenario
• Industry trend
• Merger and acquisition
• Launch/Approvals of the new system
• Value chain analysis
• Porter’s analysis
• PEST analysis

Buy this research report directly here

Click here to get $2000 flat discount @

Thank you for taking the time to read the research report. Please let us know for more information about custom report and customization plan, and we will provide you with the most suitable custom report.

About Us

Coherent Market Insights is a global market intelligence and advisory organization that provides syndicated research reports, custom research reports and advisory services. We are known for our actionable insights and genuine reports in various fields, including aerospace and defense, agriculture, food and beverage, automotive, chemicals and materials, and virtually any field and an exhaustive list of subdomains under the sun. We create value for our clients through our highly reliable and accurate reports. We are also committed to playing a leadership role in providing insights in various post-COVID-19 sectors and to continuing to deliver measurable and sustainable results to our clients.

Contact us

Mr Shah
Consistent market information
1001 4th Ave, #3200 Seattle, WA 98154, USA
E-mail: [email protected]United States of America: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837