KVS Castings is set to open its ₹27.83 crore SME IPO on the BSE from September 26–30, offering 49.7 lakh fresh equity shares at a price band of ₹53–56 each. With no grey market premium so far, the issue will rely on the company’s fundamentals, including its strong product portfolio and consistent profitability, to attract...Read More

Rukmani Devi Garg Agro Impex is set to launch its IPO on September 26, seeking to raise ₹23.52 crore through a fresh issue of shares priced between ₹93 and ₹99. The IPO, closing on September 30, will allocate shares to various investor categories. The company, involved in agro-processing, reported significant revenue and profit growth in...Read More

“RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.Read More

MPK Steels has introduced its IPO, aiming to secure Rs 25.74 crore. The IPO opens for subscription on September 26 and closes on September 30. The company will issue 32.58 lakh shares, priced between Rs 75 and Rs 79 each. Proceeds will fund machinery, a solar plant, and working capital. The IPO’s performance will be...Read More

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Economists anticipate the Reserve Bank of India (RBI) to maintain policy rates next week, despite potential for cuts, due to uncertainties from US tariffs and GST impacts. While some advocate for proactive rate cuts given low inflation, the majority prefers retaining options, awaiting clearer signs of economic slowdown and assessing the effects of recent GST...Read More

Maruti Suzuki India has ascended to become the world’s eighth most valuable automaker, surpassing giants like Ford and General Motors. Fuelled by positive investor sentiment following tax reforms and a revamped GST regime, Maruti’s market capitalization has soared to nearly $57.6 billion. The company’s stock has rallied significantly, outperforming the Nifty Auto index, with foreign...Read More

Silver prices in Delhi soared to a record ₹1.40 lakh per kg, driven by strong global cues. Conversely, gold prices dipped to ₹1,17,370 per 10 grams due to weak retail demand. Futures trading saw silver contracts reach new peaks, while gold also experienced gains, fueled by expectations of Federal Reserve rate cuts.Read More

Weekly derivatives contracts in India are under scrutiny. Securities and Exchange Board of India is considering potential curbs. This follows concerns about speculation by individual traders. Restrictions could impact market liquidity and trading volumes. Exchanges and brokers may face challenges. Market participants worry about higher hedging costs. The regulator aims to address systemic risk in...Read More

UPI transactions for capital market investments experienced a 22% year-on-year decline in volume from June to August, totaling ₹1.51 lakh crore. This drop occurred as investors became cautious ahead of the new UPI payment framework aimed at curbing fraud, set to launch on October 1. The new system introduces a fund-blocking mechanism similar to ASBA.Read More