Shree Ram Twistex’s IPO has seen overwhelming investor interest, being oversubscribed 12 times. Non-Institutional Investors and retail participants showed significant demand. The company plans to use the funds for renewable energy projects and debt repayment. Share allotment is expected soon, with a tentative listing on March 2.Read More
Foreign institutional investors are cautiously optimistic about India, with recent inflows following budget announcements and a trade deal. While sentiment has improved, many funds remain underweight, adopting a wait-and-watch approach. Sectors like banking and capex-driven industries are attracting interest, contingent on strong earnings visibility.Read More
Domestic brokerage Prabhudas Lilladher expects the Nifty 50 to hit nearly 28,000 in 12 months, saying India’s consolidation phase is paving the way for the next rally. It cites strong policy momentum, major trade deals, resilient corporate earnings and a multi-year compounding cycle supporting medium-term market growth.Read More
Australian shares reached a record high, driven by strong blue-chip earnings from companies like Woolworths and WiseTech. Despite a hotter-than-expected inflation report, the market focused on robust corporate performance, with miners also contributing to the gains. Investors are now anticipating a potential rate hike from the central bank.Read More
Waaree Energies Share: The United States has imposed significant preliminary duties on solar imports from India, Indonesia, and Laos. This action follows a determination that these countries unfairly subsidize their solar manufacturing sectors. Waaree Energies, an Indian company, expects its expanding US manufacturing to mitigate the impact of these tariffs.Read More
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