Latest Updates Around The World
The markets traded largely within a certain range last week and ended slightly negative. After testing a high of 26097.85, the Nifty failed to maintain its gains and had to cut back, ending the week slightly lower. The Index fluctuated within a narrow range of 386.65 points during the week. India’s VIX rose 4.85% to […]
Markets snapped their four-week winning streak to end slightly lower as profit booking and mixed global signals weighed in. While the tone remained largely positive and volatile during the early sessions, selling at the end of the week erased early gains. Sector performance remained mixed throughout the week. Metals, energy and real estate stocks posted […]
Newly listed Urban Company reported a wider consolidated net loss of Rs 59 crore in the second quarter of FY25, compared to Rs 2 crore in the same quarter last year. However, the company posted 37% year-on-year revenue growth from operations. The results were announced on Saturday. Revenue from operations stood at Rs 380 crore […]
The Central Depository Services (India) Limited (CDSL) on Saturday reported its results for the second quarter ended September 2025, with a 13.6% year-on-year decline in net profit to Rs 140.21 crore, compared to Rs 162.02 crore in the same quarter last year. The company’s top line also took a marginal hit, declining 1% year over […]
Global brokerage firm Morgan Stanley has made significant changes to the India Equity Strategy’s focus list for the Asia Pacific region, adding Reliance Industries Ltd (RIL) and Mukesh Ambani-owned Varun Beverages Ltd (VBL) to the list. In addition, the brokerage firm also said that it has removed Interglobe Aviation (IndiGo) and Jubilant Foodworks from its […]
Indian fintech company Pine Labs has cut the size of its initial public offering, trimming the portion offered by existing investors by 44% and reducing the number of new shares issued to raise funds by 20%, an updated prospectus shows. The IPO, scheduled for November 7 to 11, follows a wave of listings on a […]
The buzz around Lenskart’s recent IPO has sparked sharp reactions and debates among investors and social media users. Deepak Shenoy, CEO of Capitalmind Asset Management, added perspective to the ongoing discussion and shared his views on the drama surrounding an IPO and the unpredictability of market behavior. Shenoy posted on social media platform So much […]
DSP Mutual Fund has clarified its decision to invest in Lenskart’s IPO following criticism on social media and several investors discussing the valuations. The fund house posted on social media platform However, given the questions and concerns on social media over the past 24 hours, we felt it was important to share clarity with our […]
In a sharp critique of India’s IPO ecosystem, veteran investor and GQuant Investech founder Shankar Sharma has described India’s public markets as the “dumbest in the history of IPO markets”, a sentiment sparked by the recent pre-IPO activity surrounding Lenskart. Sharma pointed to what he called a systemic pattern of retail investor manipulation and flawed […]
Bitcoin was on Friday on track for a monthly loss in October for the first time since 2018, snapping a seven-year streak of gains that had given the month a lucky reputation among cryptocurrency traders. Bitcoin, the world’s largest cryptocurrency, is set to plunge nearly 5% this month as the digital asset has struggled in […]
