KSH International raised Rs 213 crore from anchor investors ahead of its IPO, indicating strong institutional interest. The magnet winding wires maker opens its public issue on December 16, backed by global funds and domestic mutual funds.Read More
The rupee slid to a record low of 90.73 against the dollar amid heavy foreign outflows, stalled India–US trade talks and strong importer demand, emerging as the worst performer among Asian currencies.Read More
Indian equities ended marginally lower as auto and financial stocks dragged amid foreign outflows, rupee weakness and trade uncertainty. Analysts see markets staying range-bound, with earnings expectations and global macro cues guiding near-term direction.Read More
Nifty snapped its two-day rally to end marginally lower, facing resistance near 26,050. Analysts expect range-bound trade, while technical breakouts highlight Indian Metals & Ferro Alloys and Zuari Agro Chemicals as buying opportunities.Read More
Wall Street’s main indexes opened higher on Monday, rebounding from a tech-driven rout last week, while investors braced for a barrage of economic data that could set the course for interest rates.Read More
Federal Bank, Hindustan Zinc and Ashok Leyland were among six stocks that hit fresh 52-week highs, posting gains of up to 17% over the past month amid strong market momentum.Read More
India’s defence sector is in a strong multi-year upcycle, backed by record order books, rising indigenisation and export demand, says Nirmal Bang’s Jyoti Gupta. While execution will remain milestone-driven and lumpy, structural growth, stable margins and higher budget support keep outlook positive. HAL, BEML, Data Patterns and Solar Industries remain key picks.Read More
Indian benchmarks slipped marginally as losses in auto, financial and pharma stocks offset gains in IT and FMCG. Stock-specific action dominated, with PVR Inox, TARIL and Indigo rising, while Urban Company, Wakefit and select autos faced selling pressure.Read More
Structural products maker Renny Strips has filed draft papers with Sebi for an IPO to raise up to Rs 300 crore via a fresh equity issue, along with an offer for sale. The Ludhiana-based firm plans to use proceeds for capacity expansion, debt reduction and strengthening its balance sheet.Read More
Indian stock markets saw a modest decline on Monday. This ended a two-day rally. Weakness in auto and financial sectors pulled down the markets. Foreign investors continued to pull money out. Uncertainty over a US-India trade deal also impacted sentiment. The Indian Rupee reached a record low against the dollar. The Sensex and Nifty both...Read More
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