Shares of Prestige Estates rallied as much as 2.3% to their day’s high of Rs 1,663 per share on the NSE after Nomura initiated coverage on the counter with a Buy rating and a target price of Rs 1,900, implying a nearly 17% upside from the last closing price of Rs 1,625. With today’s gain, the stock is up for the third consecutive session.Read More
City-based FMCG firm Ganesh Consumer Products Ltd has fixed a price band of Rs 306-322 per share for its initial public offering (IPO) that aims to raise Rs 408 crore in combination of fresh issue and offer for sale from promoters.Read More
Sanjay Bakshi, also known as Fundoo Professor, has criticized India’s sovereign gold bond (SGB) scheme, deeming it a flawed government borrowing program. He points to the high effective borrowing cost, exceeding 19% annually, and the lack of risk management. The scheme, designed to curb gold imports, has turned into a costly liability for taxpayers.Read More
Sixteen stocks in the index delivered double-digit returns, with 12 rising 20–80%, highlighting strong investor appetite for high-growth, tech-driven companies.Read More
Both stocks and gold are rallying ahead of the Fed’s rate decision, signalling cautious optimism. Investors are hedging with gold despite record-high equities, reflecting concerns over global debt, currency volatility, and potential market turbulence in the coming months.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
