The Indian Railway Finance Corporation (IRFC) offer for sale (OFS) opened flat at the floor price of Rs 104, valuing the total issue at around Rs 5,436 crore through the sale of 4% equity stake.The Center has proposed to divest 2% stake in IRFC, with another 2% offered as a green shoe option. Under the […]
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.Last week, the BSE benchmark Sensex gained 2,032.65 points or 2.43 percent. “Markets witnessed a sharp sell-off during the week […]
The stock markets are gearing up for an eventful week in which key factors such as quarterly earnings of companies, the US Fed’s interest rate decision and the upcoming Union Budget 2026-27 will be in the spotlight, analysts said.The stock markets would be closed on Monday for Republic Day. Moreover, the trading activities of foreign […]