Tenneco Clean Air’s Rs 3,600 crore IPO will list on November 19. Grey market trends suggest a 29% premium, with shares potentially opening at Rs 512. The IPO saw overwhelming demand, subscribing 61.79 times. Strong investor interest is driven by the company’s market position and financial performance. Allotment status can be checked on the registrar’s...Read More

New World Development is set to slash over a billion dollars in debt. The company launched an early bond exchange offer to reduce its financial burden. This move aims to boost cashflow and prevent defaults in a tough market. Bondholders had an early incentive to participate. The offer targets perpetual bonds and senior notes.Read More

Indian government bonds traded in a tight range as investors awaited new state debt supply and clarity on RBI bond purchases. Yields on longer-duration bonds hit record highs due to supply concerns. Market participants are paring positions, anticipating rangebound trading unless RBI purchases increase significantly.Read More

India’s Q2 earnings season showed cautious optimism with decent results despite tariff concerns. Corporate capex revival and potential rate cuts are influencing investors, while autos, healthcare, and engineering sectors present attractive opportunities. The market is currently tactical, but sustained trends in healthcare, smaller banks, and autos suggest a potential shift towards broader market strength.Read More

WeWork India shares saw a significant jump after Jefferies initiated coverage with a buy rating. The brokerage believes the company is entering a multi-year growth phase. This growth is expected to be driven by strong demand for premium flexible workspaces and operational efficiencies. WeWork India is positioned as a leader in the expanding Indian market.Read More

Bitcoin fell more than 5% in the last 24 hours, while Ethereum declined over 6%. Most major altcoins — including XRP, BNB, Solana, Tron, Dogecoin, and Cardano — were down about 5%. Hyperliquid, however, bucked the trend with a 4.24% rise. Overall, global crypto market cap slipped 4.05% to $3.1 trillion, per CoinMarketCap.Read More

Shares of Kaynes Technology India Ltd. fell sharply on Tuesday as 11.6 million shares exited the lock-in period, making them eligible for trading. However, this does not necessarily mean these shares will be sold immediately. The company reported strong quarterly earnings, with net profit rising 102% and a robust order book.Read More

Japan’s Nikkei share average experienced its largest decline in over seven months, falling 3% on Tuesday. This sell-off was driven by investors shedding tech stocks, mirroring a sharp overnight drop on Wall Street. The index’s fall below the key 50,000 level accelerated the decline as sentiment worsened.Read More

PhysicsWallah shares jumped up to 13% in their market debut after listing at a strong premium over the IPO price, sparking immediate interest among investors. While the edtech firm posted robust revenue growth and returned to profit, analysts remain divided, urging investors to balance optimism with caution amid competitive and regulatory risks.Read More

Peter Thiel’s hedge fund, Thiel Macro, has fully exited its Nvidia stake, selling about 537,742 shares worth nearly $100 million. The move, following SoftBank’s exit, has intensified concerns over an AI stock bubble. Investors are now watching Nvidia’s Q3 earnings as a key gauge of AI demand, while Thiel Macro shifts focus to Apple, Microsoft,...Read More