Latest Updates Around The World
Eyewear retailer Lenskart is gearing up for its stock market debut, with its initial public offering (IPO) opening for public subscription on Friday, October 31. In the gray market, Lenskart’s IPO is currently trading at a premium of around 19% over the issue price of Rs 402 per share, indicating strong investor interest ahead of […]
India’s benchmark Nifty ended with cuts on Friday due to selling pressure in key sectors such as banking, auto and IT. Commenting on the current outlook, Rupak De, Senior Technical Analyst at LKP Securities, said Nifty remained weak during the session as traders continued to book profits. “On the downside, it fell below the initial […]
Markets continued their upward momentum for the fourth week in a row, ending the Diwali-shortened trading period with modest gains. Optimism dominated the first sessions; however, some gains in the latter part of the week offset the progress. As a result, the Nifty climbed 0.33% to 25,795.15, while the Sensex rose 0.31% to 84,211.88. Stronger-than-expected […]
In the shortened three-day trading week, markets showed a slight uptrend and managed to end with marginal gains. The Nifty remained within a narrow range and fluctuated between 26,104.20 at the higher end and 25,718.20 at the lower end, marking a tight range of 386 points on the week. Despite limited activity, India’s VIX fell […]
Market expert Ajay Bagga shared a detailed perspective on Indian equity markets, consumption trends, global macro factors and sectoral opportunities, highlighting both the risks and potential opportunities for investors. On the earnings front, Bagga believes the Indian market is nearing a recovery phase in the next two quarters. He noted that the September quarter will […]
Indian markets showed the positive momentum, driven by better-than-expected Q2 results from major companies and festival optimism. Positive global cues further boosted investor sentiment, with US-China trade stories easing and European markets rallying, led by defense stocks. In today’s session, trading will be symbolic and short for about an hour on the occasion of Diwali. […]
The Nifty and Nifty Bank index have risen well for the second week in a row. Nifty is getting close to its crucial resistance. We will have to see if the expected bullish breakout happens this time or not. Nifty may gain momentum after breaking above immediate resistance at 25,450. Such a break could take […]
Indian stock markets ended the week on a steady note without any major bad news, with the BSE 500 index gaining 1.3%. Nearly 53% (263) stocks closed in the green, while 226 stocks fell weekly. Markets largely maintained their positive momentum, supported by gains in IT stocks, steady buying from domestic institutional investors and continued […]
The Indian market advanced on Thursday, led by gains in IT and metals stocks. Investors turned bullish on Tata Consultancy Services’ quarterly results, while a recovery in base metal prices added momentum to the rally. The S&P BSE Sensex rose 398.44 points, or 0.49%, to close at 82,172.10, and the NSE Nifty 50 gained 135.65 […]
Steptrade Capital, an entity for investment management, has used about RS 177 CRORE for nearly 63 IPOs in the last 24 months and the placements of the Fund House on motherboard and SME emissions have yielded an average exhibition gain of approximately 35%, somewhat the growing role of the IPO-Peditional capital. Of the total deployment, […]
