Indian shares ended the week on a firmer note on Friday, with technology and pharmaceutical stocks posting modest gains, as investors took confidence from the US government reopening and clearer macro signals. Sentiment was further supported by stronger domestic gains and the outcome of key state elections.The Nifty 50 rose 0.12% to 25,910.05, while the […]
Markets have been strong over the past week, mainly on favorable domestic cues, with Nifty gaining over one and a half percent, just below the coveted 26,000 mark. Inflation pressures reached a ten-year low of 0.25%, boosting investor confidence. The wins also ensured that a number of specific actions remained intact. Now that the season […]
The markets witnessed a volatile session on the weekly expiration day but ultimately ended in the green, extending Monday’s recovery. Technically, analysts say the Nifty has regained its short-term moving average, the 20-DEMA, around 25,600. Staying above this level could open the door for a move towards 25,800-26,000, while any weakness below could lead to […]
The Indian market ended higher on Tuesday, with the Sensex and Nifty paring early losses, as optimism over a possible trade breakthrough with Washington and the reopening of the US government boosted sentiment. Gains were capped by weakness in financial stocks after Bajaj Finance cut its asset growth forecast and volatility rose ahead of the […]
Mahamaya Lifesciences’ IPO worth Rs 70.44 crore will open for subscription on Tuesday, against the backdrop of a cautious gray market. The IPO, which will close on November 13, is offered in the price range of Rs 108-Rs 114 per share and the shares are proposed to be listed on the BSE SME platform on […]
The Rs 69.84 crore initial public offering (IPO) of Workmates Core2Cloud Solutions, a Kolkata-based AWS Premier Consulting Partner, will open for subscription on November 11, amid robust investor interest in the cloud services and IT consulting space. The issue will close on November 13 and the shares are proposed to be listed on the BSE […]
The Indian market ended higher on Monday, with the Sensex and Nifty mirroring gains in Asian markets, amid optimism that Washington is nearing a solution to the prolonged US government shutdown. Investor sentiment was also boosted by stock-specific rallies following positive quarterly results.The S&P BSE Sensex climbed 0.38% to 83,535.35, up 319.07 points, while the […]
The Tata Motors Commercial Vehicle (TMCV) arm will be listed on the stock exchange on November 12. The new entity will trade in the T Group of Securities. According to the BSE notification, 368 crore shares of face value of Rs 2 each will be admitted to trading under the ticker TMCV. The stock remains […]
Fujiyama Power has announced the price range for its IPO of Rs 828 crore at Rs 216-228 per share. The issue, which opens for public subscription on November 13 and closes on November 17, includes a fresh issue of Rs 600 crore and an offer for sale (OFS) of Rs 228 crore by existing shareholders.The […]
When Lenskart founder and CEO Peyush Bansal took the stage at the company’s listing ceremony on Monday, he didn’t just talk about valuations and vision. Instead, he shared how building India’s largest ever eyewear brand meant not only convincing engineers to join a ‘chashma ka company’, but even convincing his co-founder’s future father-in-law that an […]