Did PhysicsWallah shares end lower or higher on Thursday? It depends on which exchange you are looking at. In a rare and confusing trading anomaly, the newly listed edtech company ended the session with widely divergent closing prices on the two major stock exchanges, BSE and NSE, in a unique event that capped a volatile […]
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 […]
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 […]
India’s leading retail investment platform, Groww (Billionbrains Garage Ventures Ltd), has entered the third and final day of its IPO filing. At the end of Day 2, the issue was subscribed 1.64 times, receiving 59.84 crore bids against the 36.47 crore shares on offer.In the gray market, the IPO GMP (gray market premium) has been […]
India’s top 10 dividend-paying stocks have failed to meet investors’ return expectations, underperforming not only the benchmark returns of the BSE Sensex and Nifty, but also the sector. Half of these counters are down double digits, down as much as 28% over a one-year period.At 7.5%, MSTC tops the list when it comes to dividend […]
The seasonality of the market in November is evenly split between the bulls and bears, with Nifty ending higher in five of the last ten years and falling in the other five years. Despite the mixed record, the index delivered an average positive return of 1.6% over the month. Despite mixed action for India’s pulse […]
The euphoria in the headline masks an uncomfortable truth: this rally is a party with a selective guest list. While the Sensex and Nifty have already hit 52-week highs, the broader market is lagging behind, leaving both retail and institutional investors grappling with FOMO as their portfolios fail to reflect the boom. The BSE Smallcap […]
Indian shares rose on Wednesday, with the Sensex and Nifty closing within 1% of record highs, as investors positioned for an expected rate cut by the US Federal Reserve and optimism over a possible trade truce between the US and China boosted sentiment. The S&P BSE Sensex rose 0.44% to 84,997.13, up 368.97 points, while […]