Nifty ended with cuts on Thursday led by massive selling pressure on IT stocks. It was the second loss in a row as the index remained under selling pressure after a weak open.Commenting on the day’s action, Rupak De, senior technical analyst at LKP Securities, said the selling momentum was not strong, resulting in a […]
ICICI Prudential Asset Management Company will launch its $1.2 billion initial public offering in the second week of December, two sources said on Thursday. This makes India’s second-largest asset manager the latest in a long list of companies to go public this year.The fund house, which had filed for an initial public offering in July, […]
A close-up of a financial chart with trend lines and volume indicators representing data-driven investment strategies, financial market analysis and modern trading tools. | Photo credit: istockfoto Markets closed sharply lower on Tuesday, with the Sensex down 519.34 points or 0.62 per cent to 83,459.15 and the Nifty 50 down 165.70 points or 0.64 per […]
Top investor Rekha Jhunjhunwala, custodian of one of India’s most influential investment portfolios, has increased her stake in Titan Company by buying another 15 lakh shares, or about 0.2%, in the second quarter of FY26, according to the latest BSE filings. With this acquisition, its total stake in the Tata Group company now stands at […]
Zerodha’s youngest account holder is a 64-day-old baby, founder and CEO Nithin Kamath said in a tweet while sharing a video of a few parents talking about how they plan for their children’s financial future. “I can keep telling Gyan that you should start investing for your kids early, but nothing beats hearing from parents […]
The Indian market ended higher on Tuesday, because the announcement of Infosys of a potential share purchasing led a rally in IT shares. Consumer-discretionary shares also expressed in the midst of optimism on a broad reduction of goods and service tax, while investor sentiment was further supported later this month by growing expectations of a […]
The first share sales of integrated EPC player Sugs Lloyd received 3.23 times subscription to the last day of the offer on Tuesday in the midst of encouraging participation of institutional investors. The first share sales received bids worth RS 246.74 Crore, the company said in a statement. The quota for non-institutional investors received 5.30 […]