Vishal Mega Mart bulk deal: Singapore government and HDFC MF buy shares while promoter sells 14% for Rs 7,636 crore

The Singapore government and HDFC Mutual Fund on Friday acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore in Vishal Mega Mart, respectively, through separate bulk deals. The Monetary Authority of Singapore also emerged as a major buyer, buying shares worth Rs 858 crore in the supermarket-to-fashion retailer.Promoter entity Samayat Services LLP has […]

Gaurav Jogani sees jewelry and shoes as a driving force behind sustainable consumer growth

According to industry experts, the consumer discretionary sector continues to show mixed performance across segments, driven by gold prices, festive shifts and evolving consumer behavior.Jewelry and shoes lead to growthGaurav Jogani of JM Financial Institutional Securities, in an interview with ET Now, highlighted that the jewelery segment witnessed significant growth, largely due to the 65% […]

Election results in Bihar: How it could impact the stock market; 5 stocks to watch

Counting trends from the 2025 Bihar Assembly elections indicate a landslide victory for the National Democratic Alliance (NDA), a development that market participants say could reduce political uncertainty and strengthen expectations of continuity at the state level.Against this backdrop, research firm MarketSmith India has released a detailed report outlining how investors typically react to state […]

Meritto’s parent NoPaperForms files confidential IPO papers with Sebi

NoPaperForms, a SaaS-based subscription automation solution, has filed preliminary papers with market regulator Sebi through a confidential route for raising funds through an initial public offering (IPO). In a public announcement on Saturday, the company said it has “filed the pre-filed draft prospectus with Sebi and the stock exchanges… in connection with the proposed initial […]