Aequs will open its Rs 921.81-crore IPO on December 3, with grey market premiums surging to about 35%, indicating strong investor appetite. Priced at Rs 118–124 per share, the issue includes a fresh offering and OFS. Despite widening losses, pre-IPO institutional interest and strong aerospace manufacturing capabilities support sentiment.Read More
Paytm shares rose sharply on Monday, extending their fourth straight session of gains after One97 Communications announced full ownership of three key group companies. One97 Communications has secured full ownership of Foster Payment Networks, Paytm Insuretech and PFSL by acquiring the remaining 9.99%, 67.55% and 51.22% stakes. With this, all three firms are now wholly...Read More
Global commodities face heightened volatility as the US Treasury’s reopening, a firm dollar, and uncertain Fed rate-cut timing shape price trends. Strong yields and dollar strength are pressuring crude, gold, and base metals, while potential 2026 rate cuts and easing geopolitical risks could revive demand across key commodity segments.Read More
India’s benchmark indices, Nifty and Sensex, surged to fresh all-time highs, propelled by a stronger-than-expected 8.2% GDP growth in the second quarter. Nifty Bank also hit a record, with broad market gains reflecting renewed confidence in domestic demand amidst uneven global cues.Read More
Gold and silver futures opened strongly on Monday. Gold February futures rose Rs 879, while silver March futures hit a new peak, gaining Rs 3,639. A weaker dollar, anticipated U.S. Federal Reserve rate cuts, and a depreciating rupee fueled this rally. International gold prices saw a slight dip from recent highs, while silver reached a...Read More
Meesho’s Rs 5,421-crore IPO is drawing strong interest, with GMP indicating a possible 40% listing premium. Backed by improving fundamentals, rising user growth, and a defensible value-ecommerce position, analysts see medium-term potential despite near-term profitability risks. The IPO opens on December 3.Read More
The Indian Rupee began December on a quiet note. Strong GDP figures did not boost the currency. Importer demand for dollars and outflows from foreign investors pressured the Rupee. The Reserve Bank of India is expected to hold interest rates steady. State-run banks intervened as the Rupee neared an all-time low. Asian currencies showed mixed...Read More
Bitcoin dropped sharply on Monday amid a broad risk-off move that erased $140 billion from the crypto market. Ethereum and major altcoins tumbled sharply, while analysts noted heavy liquidations, weakening technicals, and macro uncertainty. Still, experts say the decline appears more like a leverage flush-out than a structural breakdown.Read More
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