Angel One has set February 26 as the record date for its 1:10 stock split, a move aimed at enhancing liquidity and accessibility for retail investors. Shareholders holding the stock on this date will receive 10 shares for every one held, with the face value of each share reduced.Read More
Vedanta Ltd shares surged upto 5% on Wednesday after BofA Securities upgraded the stock to “Buy” from “Neutral” and raised its target price sharply to Rs 840 from Rs 480. The brokerage turned positive on the back of a stronger outlook for aluminium and supportive silver prices, along with an estimated FY27 dividend yield of over 6%.Read More
Jamie Dimon warned markets resemble pre-2008 conditions, citing risky behaviour, elevated asset prices and AI-driven disruption. He said people are doing “dumb things” to make money, warned of cyclical downturns ahead, and cautioned that enthusiasm around artificial intelligence could destabilise software and technology sectors globally over time.Read More
South Korea’s KOSPI index is surging towards historic highs, driven by tech leadership in AI and semiconductors, alongside policy reforms aimed at improving corporate governance and shareholder returns. This rally, exceeding 40% this year, is sparking debate on its sustainability, with some investors expressing caution amid short-selling activity and global macro concerns.Read More
Mobilise App Lab’s Rs 20.10 crore SME IPO has drawn strong investor interest, with 12x subscription by Day 2 and a grey market premium of Rs 8 signaling a potential Rs 88 listing. The SaaS company aims to fund product development, expansion, and talent acquisition as it prepares to debut on NSE Emerge.Read More
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