Clean Max Enviro Energy Solutions IPO allotment is set for February 26. The public issue saw muted demand overall, though institutional investors showed strong interest. Retail and non-institutional investor participation was weak. The grey market premium is currently negative. Shares are scheduled to list on March 2. Listing performance will depend on institutional participation and...Read More

Striders Impex launches its IPO on February 26, aiming to raise Rs 36.28 crore. The company operates in the toys and kids’ merchandise sector. Shares will be listed on the NSE Emerge platform. The IPO includes a fresh issue and an offer for sale. Funds will support expansion and loan repayment.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.Read More

Oil prices are near seven-month highs as markets weigh U.S.-Iran talks against potential supply disruptions. While diplomatic efforts continue, military posturing in the Middle East keeps tensions high. However, a significant build-up in U.S. crude inventories is tempering further price surges, creating a complex market outlook.Read More

Tokyo’s Nikkei index soared past 59,000 for the first time on Thursday, shattering its previous record. This surge was fueled by diminishing hopes of an immediate Bank of Japan interest rate hike and impressive performance from chip giant Nvidia. The benchmark Nikkei 225 saw a significant 1.2% jump, reflecting strong market sentiment.Read More

Shapoorji Pallonji Group is set to raise approximately ₹25,000 crore through a bond issue. This fundraising effort, planned for early April, is expected to have a lower pricing than previous borrowings. Improved prospects for asset sales and a potential settlement regarding its stake in Tata Sons are boosting investor confidence.Read More

US imposition of a 125.87% countervailing duty on Indian solar modules is set to impact domestic companies by potentially lowering module prices. Exporters may redirect unsold inventory to India, while companies like Waaree Energies are strengthening US manufacturing to mitigate the effects. The duty erodes future revenue visibility for Indian manufacturers targeting the US market.Read More

Despite a strong corporate earnings season with 13% growth and positive future guidance, the S&P 500 declined. Investors are grappling with uncertainty surrounding AI’s disruptive potential, geopolitical risks impacting energy markets, and concerns over private credit, leading to a ‘scare trade’ and a decoupling of stock performance from current fundamentals.Read More

Asian markets are rising for the fourth day. Concerns about artificial intelligence are easing. Nvidia’s sales forecast is upbeat. This is boosting Asian chipmakers. South Korea’s Kospi Index reached a record high. The dollar weakened. Gold edged up. Bitcoin fell. Investors are watching Nvidia’s outlook to support the AI trade.Read More

Wall Street indexes climbed to two-week highs, led by tech stocks, as optimism about AI’s potential benefits overshadowed concerns about disruption and costs. Nvidia’s strong earnings fueled the rally, with the Nasdaq showing the largest percentage gain. Investors are weighing existential AI risks against potential returns.Read More