French multinational BNP Paribas on Tuesday bought over 35.43 lakh shares in Tata Motors Limited (Tata Motors Commercial Vehicle) through a block deal. In the deal worth Rs 152 crore, the seller was Goldman Sachs.BNP Paribas bought these shares at a price of Rs 429.3 each through its subsidiary BNP Paribas Financial Markets. It was […]
Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]
After a record 170% rally in 2025, silver has firmly positioned itself as one of the most followed assets in global commodity markets. According to domestic brokerage firm Motilal Oswal, the journey may be far from over.The brokerage firm believes that silver may be entering the first phase of a multi-year commodity super cycle. Silver’s […]
India’s benchmark Nifty 50 could rise to 29,500 by end-2026, which BNP Paribas said would deliver returns in the mid-teens, largely driven by earnings growth. The brokerage urges investors to focus on large, domestically oriented stocks such as HDFC Bank, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra, Reliance Industries and Bharti Airtel, as policy support, […]
Oil prices were little changed on Wednesday but are expected to fall more than 15% in 2025 as supply exceeds demand in a year marked by wars, higher tariffs, OPEC+ production and sanctions on Russia, Iran and Venezuela. Brent crude futures, down nearly 18% – the most substantial annual percentage decline since 2020 – are […]
Investors have found refuge in climate-friendly assets this year despite policy and regulatory rollbacks in the US and Europe as artificial intelligence drives demand for energy infrastructure.Global issuance of green bonds and loans has reached a record $947 billion so far this year, according to data compiled by Bloomberg Intelligence. That comes as renewable energy […]
The much-anticipated December meeting of the US Federal Reserve is finally upon us, but it’s not the only major event on investors’ radar. A cluster of major central banks – including those in Canada, Switzerland, Australia and Turkey – will also decide policy, while new economic data from China will give investors another chance to […]
ICICI Prudential Asset Management Company’s Rs 10,603 crore IPO is already heating up ahead of its launch on Friday, with a gray market premium of Rs 280 per share indicating a potential listing of 13%, an early signal of strong demand for one of the most anticipated offerings of the year in the Indian asset […]
China has won back global funds in a banner year for stocks, with investors anticipating further gains in AI and the country’s resilience amid US tensions. Global fund managers Amundi SA, BNP Paribas Asset Management, Fidelity International and Man Group all expect Chinese stocks to continue rising in 2026. JPMorgan Chase & Co. recently upgraded […]
HCL Capital Private Limited emerged as the largest acquirer of British American Tobacco’s (BAT) stake in ITC Hotels. The NBFC company associated with Shiv Nadar’s HCL Group on Friday bought 14.58 crore shares worth Rs 2,998 crore through a block deal. In separate block deals, major investors Nippon India Mutual Fund, Societe Generale, Morgan Stanley, […]