Indian government bonds held steady as traders awaited state debt supply and watched for a potential trade deal with the US. Hopes for a US-India agreement are tempering market sentiment, with a trader noting its impact on the central bank’s rate easing.Read More
Aequs Ltd has secured approximately Rs 144 crore in a pre-IPO funding round from SBI Funds Management, DSP India Fund, and Think India Opportunities Fund. This capital infusion reduces the fresh issue size of its upcoming IPO to around Rs 576 crore. The funds will be utilized for loan repayment, machinery acquisition, and strategic growth...Read More
Investors are focusing on smaller companies reporting robust growth. Pankaj Pandey highlights the pipe sector, naming Astral and Prince Pipes as attractive. Defense stocks like Solar Industries are also performing well with significant order books. While some mid and small-cap stocks offer opportunities, larger FMCG firms like Britannia present limited upside due to high valuations.Read More
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in...Read More
Indian stocks opened weaker on Tuesday, with the Sensex and Nifty retreating into consolidation after October’s strong rally, as financial stocks led the declines. Volatility remained elevated ahead of the Nifty 50’s weekly derivatives expiry. Asian stocks climbed, while gold and tech shares extended sharp overnight gains on signs the U.S. government shutdown could soon...Read More
India’s growth could surprise on the upside in 2026, says Herald van der Linde, Chief Asia Equity Strategist at HSBC. He expects earnings recovery driven by banks, IT, and consumer sectors, aided by lower input costs and improving margins. As AI-heavy markets peak, global funds may rotate into India, where valuations now look more reasonable...Read More
Groww’s Rs 6,632 crore IPO allotment has been finalised, with investors able to check their status via the BSE or MUFG Intime India portals. Despite robust demand and a 17.6x subscription, the grey market premium has softened, signalling cautious sentiment ahead of Groww’s market debut amid high valuations but solid fundamentals.Read More
Goldman Sachs has upgraded India to Overweight, anticipating the Nifty to reach 29,000 by end-2026. The brokerage identified 11 stocks with high earnings growth and reasonable valuations, including those in defence, energy, travel, pharma, telecom, healthcare, auto components, and cables sectors.Read More
Sula Vineyards shares saw a decline on Tuesday after the company reported a mixed set of numbers in its Q2 earnings. It saw a 58% year-on-year decline in Q2 net profit to Rs 6 crore. Revenue slipped 1.1% amid route-to-market disruptions in Telangana, while EBITDA margins contracted 557 basis points to 18.2%, though management expects...Read More
Market expert Ambareesh Baliga sees strong growth in India’s beauty and personal care sector, with Nykaa’s profits picking up. However, he expressed caution on Trent due to potential pressure on same-store sales. For power ancillary companies like Transformers and Rectifiers, Baliga advised waiting due to cash flow concerns, while a dip in Transrail Lighting might...Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.