The NSE has adjusted price bands for 230 stocks, with 128 moving to 20% and 90 to 10%. This move typically signifies reduced manipulation risk or improved liquidity. Conversely, 10 stocks, including TVS Electronics, will see their bands reduced to 5%, with Cura Technologies moving to 2%.Read More
Sebi has ordered financial influencer Avadhut Sathe and his academy to stop unregistered investment advisory and research analyst services. They are banned from trading securities and must return ₹546 crore earned from the alleged illegal business. Sebi found they provided advice without registration, misleading over 3.37 lakh investors.Read More
Wakefit Innovations plans to raise over ₹1,288 crore via IPO for expansion and operational needs. The direct-to-consumer home furnishing company, profitable in the six months to September 2025 after prior losses, faces raw material price volatility. Investors with a high-risk appetite can consider the IPO for its long-term potential.Read More
A recent analysis reveals that over half of Indian IPOs launched since 2023, with issue sizes of ₹500 crore and above, are now trading below their issue price. This trend challenges the traditional advice of long-term holding, as many companies struggle to sustain post-listing momentum, with some experiencing significant drops in value.Read More
The Indian Rupee recovered from an all-time low of 90.42 against the US Dollar. State-run banks and corporate inflows helped the currency close at 89.97. The Reserve Bank of India likely intervened to prevent further depreciation. Traders anticipate a wide trading range on Friday, with the monetary policy committee set to announce its rate decision.Read More
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