Groww’s IPO saw 1.64x subscription by Day 2, driven by strong retail demand. GMP slipped to 11% as analysts maintained bullish views citing strong fundamentals and long-term growth potential.Read More
Global AI stocks are showing early signs of a slowdown, with major tech companies experiencing sell-offs. This caution is now impacting Indian companies linked to the digital and data ecosystem, leading to volatility. Analysts suggest this is a valuation reset rather than a structural issue, with long-term AI potential still intact but requiring patience.Read More
Gold and silver opened with small gains on MCX, trading near key resistance levels amid high volatility and profit-taking. Analysts expect the metals to remain range-bound, supported by safe-haven demand and geopolitical tensions. A breakout above Rs 1,21,750 for gold and Rs 1,50,000 for silver could trigger a fresh rally, experts said.Read More
The Indian rupee faced depreciation against the US dollar on Friday, with foreign investors exiting the Indian capital markets. The domestic stock exchange experienced significant sell-offs. Concurrently, crude oil prices were on the rise in global markets. Notably, October saw a deceleration in growth within India’s services sector, leading to the rupee’s final settlement at 88.66 against the dollar.Read More
Studds Accessories share price: Studds Accessories, India’s largest helmet manufacturer, experienced a weak market debut, listing below its IPO price despite strong investor demand. The company, which raised Rs 455 crore through an OFS, saw its shares open lower on both NSE and BSE. Despite a blockbuster IPO subscribed 73.3 times, the stock’s initial performance suggests near-term challenges.Read More
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