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Finance & Markets

Goldman, GIC Among Buyers in NSE’s $703 Million Anchor Book

Goldman Sachs, HSBC, Fidelity and Eastspring are among major investors that participated in the anchor book of National Stock Exchange of India Ltd. before the world’s busiest derivatives exchange opened its initial public offering to the public, aiming to raise as much as 226 billion rupees ($2.4 billion).

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Government fuelled financial bubble, forecaster Dent says

Harry Dent warns that massive government stimulus has inflated asset prices, risking a tougher market downturn ahead.

  • Government intervention caused latest financial bubble, claims Harry Dent
  • Bubble may lead to severe panic selling and deflationary downturn
  • Gold's price surged from $1,600 to $5,600 in three years, Dent says

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