Three of India’s newest stock market entrants hit their first real stretch of turbulence on Wednesday, as volatile swings, brisk profit-taking and an unusual auction-triggering short squeeze tested investor conviction. Analysts say the corrective moves reflect a shift from debut euphoria to fundamentals, as investors recalibrate near-term risks and reassess positioning after steep post-listing rallies.Read More
Capillary Technologies India is set to finalise share allotment for its ₹877.5 crore IPO today. Applicants can view their allotment status on the BSE website or the registrar MUFG Intime India’s portal once the process is completed. The company’s shares are slated to list on November 21.Read More
Sudeep Pharma’s Rs 895-crore IPO is set to open on November 21, comprising a Rs 95-crore fresh issue and an Rs 800-crore OFS. The price band for the offer is set at Rs 563–593, with 50% of shares reserved for QIBs, 15% for NIIs and 35% for retail investors. With a GMP hovering around 16%...Read More
Public sector banks are rallying, sparking debate on their valuations compared to private lenders. Rahul Arora sees opportunities, especially in SBI and Bank of Baroda. He notes a significant valuation gap remains, suggesting further upside potential for PSU banks. Private banks face growth limitations due to large balance sheets. Global fund flows could favor banks...Read More
Ambit has issued a scathing SELL call on Swiggy, warning its Rs 10,000-crore fundraising plan could worsen losses in the fiercely competitive quick-commerce market. The brokerage says Instamart is lagging Blinkit in scale and efficiency, the market’s growth potential is capped, and Swiggy may need aggressive spending just to hold its ground, limiting long-term profitability.Read More
Parag Thakkar sees opportunities in select large companies and FMCG stocks for patient investors. He is constructive on Hindustan Unilever’s future performance, expecting a turnaround from November. Thakkar also views Dabur as an interesting contra bet due to predicted intense winter. He remains cautious on Tata Motors’ JLR business but is optimistic about the paints...Read More
Groww’s first major post-listing setback has triggered a massive settlement crunch, with more than 30 lakh shares pushed into NSE’s auction window after traders shorted the stock and failed to deliver. Abhijit Chokshi says misplaced bets against Groww’s rally have now snowballed into a Rs 100-crore lesson on T+1 deadlines, delivery shortages, and market discipline.Read More
Japan’s Nikkei index fell for the fourth consecutive day. Investors are cautious ahead of key earnings from artificial intelligence giant Nvidia. The Nikkei 225 closed lower, extending its longest losing streak in seven weeks. Concerns over technology stock valuations and rising bond yields are impacting the market. All eyes are on Nvidia’s performance to gauge...Read More
Mohandas Pai defends Narayana Murthy’s controversial long-work-hours remark, clarifying that the 70-hour workweek advice is meant only for startup founders and tech innovators—not regular employees. Pai says India must match China and Silicon Valley’s intense work ethic to stay competitive, while stressing that such hours should be voluntary, ambition-driven and limited to entrepreneurs pursuing breakthrough...Read More
China successfully raised 4 billion euros in a bond sale, attracting significant investor interest despite global market jitters. Demand for the issuance, which saw two tranches, exceeded 100 billion euros, indicating strong confidence in the high-grade sovereign issuer. This follows a recent $4 billion dollar bond sale, highlighting continued international appetite for Chinese debt.Read More
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