Latest Updates Around The World
Shares of Edelweiss Financial Services rose as much as 10.5% to the day’s high of Rs 123 on the BSE on Tuesday after the company reported a net profit of Rs 264 crore, a staggering 112% rise in the December quarter of FY26.The company’s Alternative Asset Management business reported strong growth, with FPAUM rising 33% […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 shares to 52 anchor investors at the top end of the price band of Rs 900 per share.The IPO opens for public subscription on Monday, February 9 and closes on […]
The US decision to sharply cut tariffs on Indian goods should strengthen the rupee and boost Indian stocks, strategists and fund managers say.US President Donald Trump announced he would cut his 25% tariff on Indian goods to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil during a phone call. Trump is […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
EAAA India Alternatives, an arm of Edelweiss Financial Services, has filed preliminary papers with market regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).The proposed issue will be entirely an offer-for-sale (OFS) by Edelweiss Group, according to the draft red herring prospectus (DRHP) filed on Monday. As a result, the company […]
Bitcoin is trading around $90,000, while Ethereum remains above $3,000, as the crypto market heads towards a consolidation phase. The cryptocurrency was trading at $90,016, while Ethereum was trading at $3,112.In the past 24 hours, Bitcoin and Ethereum are up 1.63% and 3.40% respectively. Among the major altcoins, XRP, BNB, Solana, Tron, Dogecoin, Cardano and […]
After suffering their worst slump in seven years in 2025, India’s small-cap stocks enter 2026 on cautious yet polarizing commentary. While large caps ended the year with respectable double-digit gains, small caps and microcaps significantly underperformed, forcing investors to rethink how and where they take risk next year. Here are five of India’s top market […]
The Rs 710-crore KSH International IPO witnessed modest interest from investors on the first day of bidding, with the issue attracting just 15% subscription. The IPO received bids for 19.87 lakh shares against a total issue size of 1.36 crore shares.On the gray market, the IPO is currently trading at a zero premium over the […]
KSH International has raised Rs 213 crore from major investors ahead of the opening of its IPO, indicating strong institutional interest in the magnet winding wire maker even before the public issue hits the market.In a filing with the stock exchanges on Monday, the company said it had allotted 55,46,874 shares to anchor investors at […]
