Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/itc-ltd" target="_blank" data-smartkarma-citation="entities:327:1" rel="noopener">ITC Ltd (ITC IN)</a> will demerge its Hotels business with the ex-date set as 6 January and shareholders receiving 1 share of ITC Hotels for 10 shares of ITC Ltd.</li>
<li>
<a href="https://www.smartkarma.com/entities/itc-ltd" target="_blank" data-smartkarma-citation="entities:327:1" rel="noopener">ITC Ltd (ITC IN)</a> shareholders will own 100% of ITC Hotels - 60% will be owned directly and 40% will be owned through their shareholding in <a href="https://www.smartkarma.com/entities/itc-ltd" target="_blank" data-smartkarma-citation="entities:327:1" rel="noopener">ITC Ltd (ITC IN)</a>.</li>
<li>There will be a lot of selling in ITC Hotels within a few days of listing from different passive index trackers and that could provide buying opportunities for those interested.</li>
</ul>



ITC Ltd (ITC IN) will demerge its Hotels business with the ex-date set as 6 January and shareholders receiving 1 share of ITC Hotels for 10 shares of ITC Ltd.

ITC Ltd (ITC IN) shareholders will own 100% of ITC Hotels - 60% will be owned directly and 40% will be owned through their shareholding in ITC Ltd (ITC IN).
There will be a lot of selling in ITC Hotels within a few days of listing from different passive index trackers and that could provide buying opportunities for those interested.


ITC Hotels: Index Implications of Demerger from ITC Ltd (ITC IN)

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>India's economy is surging, fueled by a record-high capital expenditure of 3.4% of GDP and a remarkable revenue growth to Rs. 25.8 trillion from Rs. 9.4 trillion in 2015-16</li>
<li>Despite global headwinds, the rupee remains resilient, backed by $684.8 billion in forex reserves. </li>
<li>India is poised to become a global economic leader, mirroring China's ascent, with its thriving services sector and ambitious growth targets.</li>
</ul>


India's economy is surging, fueled by a record-high capital expenditure of 3.4% of GDP and a remarkable revenue growth to Rs. 25.8 trillion from Rs. 9.4 trillion in 2015-16
Despite global headwinds, the rupee remains resilient, backed by $684.8 billion in forex reserves. 
India is poised to become a global economic leader, mirroring China's ascent, with its thriving services sector and ambitious growth targets.


Thematic Report: How India’s Steady and Structural Economic Changes Charting Path of Growth?

<ul>
<li>What’s New? India surpasses $1 trillion in cumulative FDI inflows since 2000, reflecting steady economic liberalization and targeted policy reforms post-2014.</li>
<li>Why It Matters?The milestone highlights India’s appeal as a global investment destination but reveals the need for balanced, inclusive growth across states and sectors.</li>
<li>How It Changes Your View?Despite high FDI, uneven distribution and low FDI-to-GDP ratio suggest India must optimize policies to maximize investment impact and address trade imbalances.</li>
</ul>


What’s New? India surpasses $1 trillion in cumulative FDI inflows since 2000, reflecting steady economic liberalization and targeted policy reforms post-2014.
Why It Matters?The milestone highlights India’s appeal as a global investment destination but reveals the need for balanced, inclusive growth across states and sectors.
How It Changes Your View?Despite high FDI, uneven distribution and low FDI-to-GDP ratio suggest India must optimize policies to maximize investment impact and address trade imbalances.


FDI in India: 2000 to 2024 – A Journey to $1 Trillion

<ul>
<li>Periods of market euphoria often create fertile ground for substantial fundraising activity, where companies—both established and speculative—seize the opportunity to raise capital. </li>
<li>IPO surges and other equity fundraisers reflect heightened investor confidence and an increased appetite for risk.</li>
<li>However, as history shows, such periods of exuberance are often harbingers of steep market corrections.</li>
</ul>


Periods of market euphoria often create fertile ground for substantial fundraising activity, where companies—both established and speculative—seize the opportunity to raise capital. 
IPO surges and other equity fundraisers reflect heightened investor confidence and an increased appetite for risk.
However, as history shows, such periods of exuberance are often harbingers of steep market corrections.


Charted Insights: India's Fundraising Booms and Market Cycles; A Data-Driven Analysis

<ul>
<li>Indian markets lead in global IPO markets by volume with highest IPOs in 2024 accounting for 25% of IPOs.</li>
<li>Indian IPO saw one of the highest returns with participation from all the themes/sectors which is outlier to global trends.</li>
<li>As we look ahead to 2025, the Indian IPO market is poised for continued success, driven by strong investor confidence, a thriving stock market, and a conducive investment climate.</li>
</ul>


Indian markets lead in global IPO markets by volume with highest IPOs in 2024 accounting for 25% of IPOs.
Indian IPO saw one of the highest returns with participation from all the themes/sectors which is outlier to global trends.
As we look ahead to 2025, the Indian IPO market is poised for continued success, driven by strong investor confidence, a thriving stock market, and a conducive investment climate.


Thematic: India’s IPO Market: Outperforming Global Peers, Outlook for 2025

India

The S&P BSE Sensex Index is a cap-weighted index. The index members have been selected on the basis of liquidity, depth, and floating-stock-adjustment depth and industry representation. Sensex has a base date and value of 100 in 1978-1979. The Index shifted to free-float methodology since 09/01/03. Please see {SNSXOLD Index <GO>} for mid-month options.

S&P BSE SENSEX Index (SENSEX INDEX EQUITY)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

S&P BSE SENSEX Index (SENSEX INDEX EQUITY)

ITC Hotels: Index Implications of Demerger from ITC Ltd (ITC IN)

ITC Hotels demerges from ITC on 6 Jan. There will be an SPOS on 6 Jan to determine ITC's price post demerger. There will be a LOT of selling in ITC...

Brian Freitas

Thematic Report: How India’s Steady and Structural Economic Changes Charting Path of Growth?

India's economy is booming with high capital expenditure and revenue growth, positioning it as a potential global economic leader like China.

Nimish Maheshwari

FDI in India: 2000 to 2024 – A Journey to $1 Trillion

India surpasses $1 trillion in FDI since 2000, showing economic progress post-2014, but highlights need for balanced growth and policy optimization.

Nimish Maheshwari

Charted Insights: India's Fundraising Booms and Market Cycles; A Data-Driven Analysis

Market euphoria leads to increased fundraising activity as companies take advantage of investor confidence, but history warns of potential market...

Nimish Maheshwari

Thematic: India’s IPO Market: Outperforming Global Peers, Outlook for 2025

Indian markets dominate global IPO markets in 2024 with highest volume and returns, poised for continued success in 2025.

Nimish Maheshwari

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

ITC Hotels: Index Implications of Demerger from ITC Ltd (ITC IN)

ITC Hotels demerges from ITC on 6 Jan. There will be an SPOS on 6 Jan to determine ITC's price post demerger. There will be a LOT of selling in ITC...

Brian Freitas

Thematic Report: How India’s Steady and Structural Economic Changes Charting Path of Growth?

​India's economy is booming with high capital expenditure and revenue growth, positioning it as a potential global economic leader like China.

Nimish Maheshwari

FDI in India: 2000 to 2024 – A Journey to $1 Trillion

​India surpasses $1 trillion in FDI since 2000, showing economic progress post-2014, but highlights need for balanced growth and policy optimization.

Nimish Maheshwari

Charted Insights: India's Fundraising Booms and Market Cycles; A Data-Driven Analysis

​Market euphoria leads to increased fundraising activity as companies take advantage of investor confidence, but history warns of potential market...

Nimish Maheshwari

Thematic: India’s IPO Market: Outperforming Global Peers, Outlook for 2025

​Indian markets dominate global IPO markets in 2024 with highest volume and returns, poised for continued success in 2025.

Nimish Maheshwari

India's economy is booming with high capital expenditure and revenue growth, positioning it as a potential global economic leader like China.

India surpasses $1 trillion in FDI since 2000, showing economic progress post-2014, but highlights need for balanced growth and policy optimization.

Market euphoria leads to increased fundraising activity as companies take advantage of investor confidence, but history warns of potential market...

Indian markets dominate global IPO markets in 2024 with highest volume and returns, poised for continued success in 2025.