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 […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty continuing their declines to a fourth straight session as investors held on to gains near record highs. Sentiment on Dalal Street remained fragile ahead of the Reserve Bank of India’s policy decision on Friday, as continued foreign outflows kept pressure on the rupee, pushing […]
India’s power equipment and transmission space has returned to the spotlight as investors digest a mix of strong order inflows, execution delays and premium valuations. In a recent interaction with ET Now, market expert Dharmesh Kant out Cholamandalam Securities offered a nuanced look at the sector’s strengths and weaknesses, while also expanding its view to […]
State-owned power utility NTPC reported a 4% year-on-year decline in its consolidated net profit for the quarter ended September 30, 2025 at Rs 5,067 crore, compared to Rs 5,275 crore in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the parent company. The company’s Q2FY26 operating […]
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 […]
The Nifty 50 looks set to challenge a new all-time high this week as six key factors could converge to strengthen bullish sentiment – from expectations of a US Fed rate cut and an easing in FII selling to strong domestic earnings and progress in trade talks. The optimism comes after the benchmark index nearly […]
Indian benchmark indices Sensex and Nifty reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market […]
Indian benchmark indices Sensex and Nifty advanced on Friday, lifted by gains in financial heavyweights on renewed inflows from foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat mood, although Tata Consultancy Services (TCS) limited broader gains after posting weaker-than-expected September quarter results. The […]
Only one day after HSBC has upgraded Indian shares to ‘overweight’ of ‘neutral’ after attractive valuations, supporting government policy and resilient domestic streams, the broker has now said that foreign institutional investors (FIIs) will probably make a comeback after a long -term absence of 12 months. To take advantage of this trend, HSBC has mentioned […]
Markets traded under pressure on Thursday and lost more than half a percent, so that the current corrective phase was extended. In the absence of new triggers, analysts said that ongoing underperformance in important sectors, in combination with continuous Fii outflows, weighs on the overall sentiment. “We advise traders to check functions and to wait […]