In a remarkable move, Poonawalla Fincorp has secured ₹2,500 crore through a strategic qualified institutional placement. The company offered its equity shares to institutional investors at a price of ₹370.75 each, attracting a mix of domestic and international financial entities. As of the conclusion of Q3 FY26, Poonawalla Fincorp reported impressive assets under management totaling ₹55,017 crore.Read More
Nine stocks signaled bearish momentum by slipping below their 200-day moving averages, indicating potential weakness and downside risk in the near term.Read More
LG Electronics India shares are in focus as a six-month lock-in period ends today, freeing over 44 crore shares for trade. The stock, which listed at a premium in October 2024, has seen volatility since its debut. Analysts maintain a positive outlook, citing market leadership and growth plans.Read More
Oil prices fell for a second day on hopes that renewed U.S.-Iran talks could ease Middle East supply disruptions after the Strait of Hormuz closure. Optimism grew after Donald Trump signaled negotiations may resume soon, raising expectations of a resolution that could restore crude flows.Read More
Asian markets opened higher, mirroring Wall Street’s positive trend. Hopes for further United States-Iran talks have boosted investor confidence. This optimism is also contributing to a decrease in oil prices. The broader MSCI Asia Pacific Index saw a significant increase. This development suggests a potential easing of global economic pressures.Read More
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