Shyam Dhani Industries’ IPO opens with a strong 67% grey market premium, indicating high investor interest. The Rs 38.49 crore issue, priced between Rs 65-70, is for a manufacturer and marketer of spices and grocery products. The company reported steady financial growth, with revenue up 16% and profit up 28% in FY25.Read More
Sundrex Oil Company’s IPO opens Monday, aiming to raise Rs 32.25 crore. Despite a flat grey market premium, indicating cautious investor sentiment, the company boasts strong recent financial growth. Proceeds will bolster working capital and fund expansion. Investors are increasingly prioritizing sustainable businesses over immediate listing gains.Read More
Gold and silver have touched new record highs. This surge is driven by global geopolitical tensions and anticipation of interest rate cuts by the Federal Reserve. Platinum prices are also climbing steadily. Investors are showing increased interest in these precious metals as safe-haven assets. Central banks and exchange-traded funds are contributing to this strong performance.Read More
Five Nifty stocks showed improving momentum on December 19 as their RSI readings moved above the 50 mark. This shift signals strengthening price action and early accumulation. Rising RSI levels often reflect a developing bullish bias, offering traders early cues of potential upside as sentiment and trend strength improve.Read More
Four stocks from the Nifty200 universe featured in the White Marubozu bullish scan on December 19, reflecting strong buying interest. This candlestick pattern signals firm buyer control throughout the session and often indicates sustained momentum, suggesting a possible continuation of the upward trend as sentiment and price strength improve.Read More
Shriram Finance shares are in focus following MUFG’s 20% stake acquisition, the largest FDI in India’s financial services. Brokerages are positive, citing the deal as an endorsement of the company’s fundamentals and growth trajectory. Analysts have raised target prices and AUM growth assumptions, anticipating a significant boost to capital base and potential for rating upgrades.Read More
Varun Beverages will acquire South Africa’s Twizza for over Rs 1,100 crore. This deal is set to boost Bevco’s market reach in South Africa. Global brokerage Citi has responded positively, maintaining a ‘Buy’ rating and a target price of Rs 675. The acquisition is expected to be completed by June 2026.Read More
RITES shares are expected to gain attention. The company signed a Memorandum of Understanding with the Republic of Botswana. This agreement aims to develop and modernize Botswana’s railway and transport infrastructure. RITES will provide technical expertise for upgrading transport systems. The collaboration includes rolling stock supply and workshop modernization. Broader infrastructure projects are also part...Read More
Infosys shares are in focus after sharp volatility in its ADRs on the NYSE, driven by heavy trading volumes and sector-wide optimism. The company clarified there were no material developments behind the move. The rally followed strong Accenture results, reinforcing positive sentiment around Indian IT stocks and near-term sector momentum.Read More
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