Indian stocks opened slightly higher on Friday, with both the Sensex and Nifty hovering near their all-time highs. Investors are anticipating interest-rate cuts in the U.S. and India, while also looking forward to resilient quarterly growth data driven by strong domestic demand.Read More
Vidya Wires is launching its Rs 300-crore IPO on December 3 with a price band of Rs 48–52. The issue includes fresh shares and an OFS, valuing the firm at a discount to industry peers. With strong FY25 revenues and solid profitability, the IPO offers attractive sector-linked growth potential.Read More
Japanese government bond yields climbed Friday as the government plans to issue more debt to fund substantial new spending. The 10-year JGB yield rose, heading for its steepest monthly increase in six months. Primary dealers suggested increasing issuance of shorter-term bonds while reducing super-long-dated debt.Read More
Indian finance firms are actively seeking long-term funding. They anticipate the current rate-easing cycle will soon conclude. This makes it an ideal moment to issue longer-tenure bonds. Companies are aiming to lock in funds before borrowing costs potentially rise. This strategic move also helps meet year-end regulatory and investment needs.Read More
Vedanta’s ESL Steel is set to raise ₹2,000 crore via non-convertible debentures. This fundraising follows a previous ₹5,000 crore raise earlier this year. Vedanta’s leverage remains a focus due to dividend outflows to its parent, Vedanta Resources. The company’s net leverage has seen a reduction. Vedanta Resources has also reduced its debt significantly.Read More
The surge in Can Fin Homes’ stock prices reflects its successful strategy to extend operations outside southern India. As the company spreads its wings, it expects a substantial increase in its asset management growth. Recent reports indicate a sharp rise in loan disbursements, backed by strong asset quality and controlled NPAs.Read More
Meesho’s initial public offering opens on December 3. The e-commerce firm plans to raise Rs 5,421 crore. The IPO includes a fresh issue and an offer for sale by early investors. Proceeds will fund infrastructure, marketing, and acquisitions. Meesho will debut on the stock market on December 12. The company aims for significant growth.Read More
Thyrocare Technologies will trade ex-bonus today for its 2:1 bonus share issue, under which investors will receive two additional shares for every one held. The record date for determining eligible shareholders is November 28.Read More
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