Latest Updates Around The World
Omnitech Engineering’s IPO opens for subscription today, with the precision engineering player aiming to raise Rs 583 crore through a mix of a new issue and an for-sale offer. The issue, which closes on February 27, is priced between Rs 216 and 227 per share. At the high end, the company is valued at a […]
The Indian market ended higher on Monday, with the Sensex and Nifty recouping some of the losses recorded during Sunday’s special session, as investors digested the impact of the federal budget on markets and capital flows. The recovery came despite proposals to increase transaction taxes on derivatives and the absence of new measures aimed at […]
With the Union Budget 2026 to be presented tomorrow, defense stocks have shown resilience, rising as much as 23% in January even as broader markets remained volatile.An analysis shows that a majority of stocks in the Nifty India Defense index have outperformed the Nifty benchmark since Budget 2025. The sector is expected to remain in […]
Indian shares are on track for their worst start to a year in a decade, increasing pressure on Prime Minister Narendra Modi’s government to deliver new catalysts for economic growth in the upcoming budget.Attention is focused on whether the government will increase defense spending and accelerate stake sales in state-owned companies to boost revenues after […]
Bank of America (BofA) on Friday bought over 2 lakh shares of MTAR Technologies in a bulk deal, in a deal worth Rs 55 crore. The shares were bought at Rs 2,665.45 each, representing a 6% premium over Thursday’s closing price of Rs 2,519.65.Shares of MTAR Technologies ended at Rs 2,688.30 on the BSE today, […]
Amid rising geopolitical tensions following the US invasion of Venezuela and the arrest of President Nicolas Maduro on drug trafficking charges, the global focus has returned to military strength as the cornerstone of national power, while the episode poses potential risks to market sentiment.In an era when territorial sovereignty, trade interests and energy routes are […]
Indian shares ended October on a subdued note, snapping a four-week winning streak, while benchmark indices closed marginally lower amid profit booking and mixed global cues. The tone remained largely positive and volatile throughout the first three sessions; However, profit-taking in the latter part of the week erased early gains and pushed the indices close […]
Indian Defense shares rose on Monday for a second consecutive session and stimulated the sentiment of investors. Management of the win on the Nifty India Defense Index were Cochin Shipyard, Astra Microwave Products and Paras Defense and Space Technologies. All shares in the segment are closed in the Green on Friday. Main profit, including Garden […]
