Western Overseas Study Abroad is set to debut on the BSE SME platform. The company’s IPO saw modest subscription levels. Funds raised will be used for marketing, software acquisition, and debt repayment. Market sentiment suggests a flat to slightly positive listing. Investors are watching the broader SME market for cues on listing day.Read More

Pajson Agro India’s Rs 74.45 crore IPO opens Thursday, aiming to fund a new cashew-processing facility. Despite strong financial growth, the grey market shows zero premium, suggesting a cautious investor sentiment. The company plans significant expansion, but faces raw material price volatility. Subscription levels will be key to its listing success.Read More

HRS Aluglaze is launching its Rs 51 crore IPO. Subscriptions open on Thursday and close on December 15. The company specializes in aluminium facade products. It has a strong order book and has shown rapid profit growth. Funds will be used for expansion and working capital. The IPO aims to list on December 18.Read More

Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future. This move boosted tech and financial stocks across Asia. Investors anticipate positive trends for Asian equities and currencies. Export companies are expected to benefit from improved US growth prospects.Read More

Indian markets saw volatility and closed lower on Wednesday. Analysts are watching key support levels. Several companies are in focus due to recent developments. Jio Financial and BlackRock are investing in their joint venture. Adani Enterprises’ rights issue saw strong demand. Adani Green experienced a large block deal. Cipla launched a new medication. IOC is...Read More

Indian stock markets closed lower for the third day in a row. Early gains were lost as traders took profits. Analysts anticipate markets will follow global trends, with a focus on US monetary policy. Foreign investors sold shares, while domestic investors bought them. The Indian Rupee weakened against the US Dollar.Read More

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Indian markets reacted positively as the US Federal Reserve cut interest rates. The Dow Jones surged over 500 points. The Fed indicated a pause in further rate reductions, boosting investor confidence. Projections for economic growth were also raised. This move signals a stable economic outlook, encouraging investment in equities.Read More

Federal Reserve Chair Jerome Powell indicated the central bank is well-positioned to pause interest rate adjustments, awaiting further economic data. Having already cut rates by 75 basis points this year, the Fed funds rate is now considered within its neutral range. Powell clarified that a rate hike is not the base case for future policy...Read More

Savings deposits in rural centres also posted a robust 10% increase, the fastest pace in six quarters. Experts attribute this shift to rising rural incomes while growth in the metro areas appears to be losing momentum as financially savvy investors increasingly divert funds into higher-yielding avenues such as mutual funds and equities.Read More