Amidst a bustling IPO market, particularly in September, prominent investor Ashish Kacholia strategically invested in several recent initial public offerings. His notable participations include Suba Hotels, Ganesh Consumer Products, Vikran Engineering, Euro Pratik Sales, and Patel Chem Specialities. These investments offer insights into potential picks during a period of high market activity for new listings.Read More

The Indian Army floated a ₹30,000 crore tender for the ‘Anant Shastra’ surface-to-air missile system. BEL will lead production, with BDL as co-producer. Developed by DRDO and earlier known as QRSAM, the system offers a mobile, all-weather defence against aircraft, drones, rockets, and missiles at ranges beyond 30 km.Read More

Tata Motors shares: JLR secured a £2 billion loan guarantee to ease liquidity pressures after a September 1 cyberattack halted production. The shutdown affected plants in the UK, Slovakia, Brazil, and India, though its China JV remained operational. JLR has begun a phased restart, with key systems and operations gradually resuming.Read More

Precious metals have dramatically outperformed Indian stock market this year, with silver up 59% and gold 47% against Nifty50’s 4%. While some experts see equities poised for a comeback due to lower valuations and earnings recovery, others remain bullish on precious metals, though caution is advised at current highs. The market faces a potential reversal...Read More

Jinkushal Industries’ Rs 116.15-crore IPO entered its final bidding day, having been subscribed 5.11 times by Day 2, largely due to robust retail and NII interest. Its grey market premium of Rs 17 suggests a potential 14.6% listing gain, despite a slight dip.Read More

Azad Engineering shares: The company signed a $73.47 million (₹651 crore) five-year contract with Japan’s Mitsubishi Heavy Industries to supply turbine engine components. This builds on an earlier deal, taking total business value with MHI to $156.36 million (₹1,387 crore).Read More

Benchmark indices Nifty and Sensex opened in the green on Monday, September 29, snapping a six-day losing streak. Gains in IT, oil & gas, and metal stocks propelled the market, though a sharp drop in FMCG counters limited the overall upside. The Sensex rose 162 points, while the Nifty gained 75 points.Read More

Indian gold and silver futures soared to unprecedented record highs early Monday, driven by significant gains in international prices and a weakening rupee. Domestic gold futures climbed 0.74% to Rs 114,627 per 10 grams, while silver futures surged over 1.3% to Rs 143,968 per kg, reflecting strong market momentum.Read More

Waaree Energies’ shares rose after the company reaffirmed its U.S. manufacturing commitment and regulatory compliance, despite a U.S. Customs and Border Protection inquiry. The probe investigates allegations of mislabeling Chinese-made solar components as Indian to circumvent tariffs. Waaree is cooperating, expressing confidence in its compliance, and does not expect additional duties.Read More

Indian public sector banks have transformed into powerful wealth creators, multiplying investor wealth over five times since FY20, with their combined market cap surging to Rs 16.40 lakh crore. This re-rating is fueled by fundamental improvements like drastically reduced NPAs, strong RoA, and outperforming private banks in loan growth.Read More