Blog Full Right Sidebar

The Securities and Exchange Board of India (Sebi) has put Sterlite Electric’s proposed initial public offer on hold, withholding its observations without providing a specific reason. The specialized capital goods manufacturer, formerly Sterlite Power Transmission, had recently filed its draft papers for the public issue, which is set to include both a fresh issue and an offer-for-sale.Read More

India’s IPO market is booming with record fund raising and many companies filing for public offerings. This surge is driven by strong investor appetite and ample domestic liquidity. Investment bankers anticipate this momentum to continue, with more mainboard IPOs expected next year. Mega IPOs from major companies are a key feature.Read More

Global stock markets are taking a pause after a record rally. Investors are now watching for big tech company earnings and decisions from major central banks. This week’s focus is on how technology firms perform and what the Federal Reserve will do with interest rates. Trade talks between the US and China are also a key factor.Read More

Indian markets opened positively, driven by easing US-China trade tensions and hopes for a trade deal. Several companies like Adani Ports, PVR Inox, and Ola Electric are in focus due to news and results. Adani Ports plans significant investment in Dighi Port. PVR Inox anticipates record footfalls. HPCL faced refinery issues. Ola Electric expands service access.Read More

Indian equity benchmarks concluded Monday’s session strongly, with the Nifty nearing 25,950 ahead of the October F&O expiry. Analysts suggest a sustained move above 26,100 could propel the index towards 26,300 and 26,500. Meanwhile, the rupee depreciated 36 paise to 88.19 against the dollar.Read More