Ashwini Container Movers is set for its NSE SME debut on December 19, with grey market signals suggesting a modest listing around Rs 147-148. The Rs 71 crore IPO saw decent subscription, particularly from non-institutional investors.Read More
Stanbik Agro, a vegetable and fruit seller, is set to list on the BSE SME platform on December 19. The Rs 12 crore IPO, which closed on December 16, saw modest subscription. Grey market indicators suggest a flat opening, with shares likely to trade near the IPO price of Rs 30.Read More
India’s IPO market is set for a record year in 2026. Investment bankers predict fundraising to reach $25 billion. A strong pipeline includes Jio Platforms and the National Stock Exchange. Foreign investors are expected to increase allocations. Digital and financial services will likely lead the sector. This momentum follows a surge in mutual fund and...Read More
Indian markets saw a positive trend on Thursday. Major US stock indexes closed higher. This was driven by lower-than-expected inflation figures. Hopes for interest rate cuts by the Federal Reserve increased. Chipmaker Micron’s strong forecast also boosted sentiment. This indicated robust demand for AI technology. Consumer discretionary stocks and tech stocks performed well.Read More
Oil prices are heading for a second weekly drop as hopes for a Russia-Ukraine peace deal overshadow concerns over Venezuelan supply disruptions. While a U.S. blockade of Venezuelan tankers was announced, its enforcement remains unclear. Analysts suggest potential Russian oil measures could pose a greater market risk. Prices are currently hovering around $56-$60 per barrel.Read More
Mitsubishi UFJ Financial Group is set to invest $4.45 billion for a 20% stake in Shriram Finance, marking the largest FDI in India’s financial services sector. This strategic move paves the way for an eventual acquisition, with MUFG aiming to increase its holding and gain majority control over time.Read More
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