Inox Wind and KP Energy have signed an exclusive MoU to jointly develop 2.5 GW of wind and wind-solar hybrid projects across multiple states. Inox Wind will supply turbines, engineering support, and handle turbine commissioning and O&M, while KP Energy will manage land, approvals, connectivity, and balance-of-plant EPC and O&M. The collaboration aims to streamline...Read More

Indian markets mirrored global sentiment as US stocks tumbled, driven by tech stock valuations and a weak Home Depot forecast. Investors eagerly await Nvidia’s results amid AI exuberance concerns. Job market data also showed a cooling trend, adding to market jitters. Despite strong overall earnings, fears are circulating.Read More

Gold prices held steady as investors keenly awaited Federal Reserve meeting minutes and U.S. jobs data for clues on future interest rate moves. A stronger dollar also weighed on the precious metal. Traders are now factoring in a slightly higher chance of a December rate cut, though uncertainty persists amid global equity market jitters and...Read More

Asian markets saw the yen strengthen and the U.S. dollar hold firm. Investors moved to safe assets after a global stock market decline. Concerns over AI stock valuations and rising jobless claims added to market anxiety. Traders are now considering potential interest rate cuts by the Federal Reserve. Japan’s holdings of U.S. Treasuries also saw...Read More

Oil prices dipped as U.S. inventories of crude and fuel rose, signaling a market oversupplied against demand. Despite concerns over Russian supply disruptions from Ukrainian attacks, persistent crude oversupply is tempering price gains, with analysts expecting a slight draw in official U.S. crude stocks.Read More

12 stocks close prices crossed below their 200 DMA (Daily Moving Averages) on November 18, according to stockedge.com’s technical scan data.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Read More

Excelsoft Technologies is launching its IPO on November 19 to raise Rs 500 crore, offering investors a stake in a growing ed-tech software firm. The company, which provides AI-powered learning and assessment tools, has seen strong financial improvements. However, a significant portion of revenue comes from a single client, posing a risk.Read More

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Gallard Steel’s Rs 37.5-crore IPO opens Wednesday, aiming to fund manufacturing expansion and debt reduction. Priced between Rs 142-150, the issue has a modest 7% grey market premium. The Pithampur-based firm, serving railways and defence, reported strong revenue and profit growth. Anchor investors have already subscribed.Read More