Shares of IdeaForge Technology rose 5% from the day’s low to Rs 551 per share on the NSE on Wednesday, September 24, after the company announced a joint venture (JV) with US-based First Breach Inc.Read More

USD/INR diverges from the U.S. Dollar Index as the rupee weakens to ₹88.45 despite DXY easing. RBI unwinding, FII outflows, and U.S. tariffs pressure the rupee, while India’s strong GDP, reforms, credit upgrade, and external balance support recovery. Near-term trend favours gradual rupee appreciation.Read More

India’s REITs and InvITs, with assets exceeding USD 103.5 billion, are poised for further growth as SEBI reclassifies REITs as equity. This move aligns India with global standards, attracting institutional capital and broadening investor participation.Read More

Adani Power shares are declining after a recent surge. The stock had risen following a stock split and positive brokerage reports. Profit booking has led to a decrease in share value. Technical indicators suggest the stock is overbought. Analysts advise caution, suggesting buying on dips. Brokerages support long-term growth, but execution risks exist. Valuations are...Read More

Dhoot Transmission Ltd., backed by Bain Capital, has enlisted Axis Bank, Kotak Mahindra Bank, Jefferies, and Nomura to manage its upcoming Mumbai IPO. The offering, anticipated next year, aims to raise approximately $250 million through a combination of fresh shares and secondary sales, potentially valuing the automotive-parts maker at up to $1.5 billion.Read More

VST TMT shares faced a 5% lower circuit after a modest listing premium on the BSE and NSE. Experts suggest investors consider booking partial profits, setting a stop-loss at Rs 90, due to the company’s cyclical sector and geographic concentration. Future performance hinges on debt reduction, operational efficiency, and expanding beyond Gujarat to bolster investor...Read More

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Minda Corp’s ambitious Vision 2030, projecting substantial revenue and EBITDA growth, has garnered strong endorsement from market expert Parag Thakkar. While expressing caution towards the IT sector due to AI’s potential deflationary impact and other headwinds, Thakkar remains constructive on metals, highlighting Hindalco and JSW Steel as promising investments.Read More

Epack Prefab Technologies IPO: The Epack Prefab Technologies IPO is currently showing a grey market premium (GMP) of around 9.7%, or ₹20, indicating moderate investor optimism for its listing. Based on today’s GMP, the stock is expected to debut at roughly ₹224 per share.Read More

BMW Ventures IPO opened for subscription with just 5% bids on Day 1, showing a muted start. The Rs 231.66 crore issue has no grey market premium yet, indicating weak sentiment. Retail saw 7% subscription, while NIIs and QIBs stayed away.Read More