Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite strong sales growth and a wide product range, Wakefit remains loss-making. Investors should consider the risks alongside the brand’s momentum before subscribing to the offer.Read More

Riddhi Display Equipments is launching its Rs 24.68 crore SME IPO on Monday, December 7th, closing December 10th. The Gujarat-based firm, specializing in display counters and kitchen equipment, offers 0.25 crore shares at Rs 95-100. Proceeds will fund expansion, including a new Lucknow unit and plant upgrades.Read More

Gold prices saw a slight increase on Monday. This rise was driven by growing expectations of a U.S. Federal Reserve interest rate cut this week. Such a cut would likely weaken the U.S. dollar. A weaker dollar makes gold more attractive to buyers using other currencies. Investors are closely watching economic data and Fed commentary...Read More

The U.S. dollar stabilized ahead of a busy week of central bank meetings, with the Federal Reserve’s interest rate decision being the main focus. Analysts anticipate a “hawkish cut” from the Fed, potentially supporting the dollar. Other central banks, including Australia and Canada, are also meeting, with no expected policy changes outside of the U.S.Read More

Oil prices reached two-week highs as investors anticipate a Federal Reserve rate cut, potentially boosting economic growth and energy demand. Geopolitical risks, including slow Ukraine peace talks and potential bans on Russian oil exports, are also influencing market sentiment. Additionally, increased purchases of Iranian oil by Chinese refiners are easing supply gluts.Read More

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Indian stock markets rose on Friday following a 25-basis-point rate cut by the RBI. Analysts anticipate consolidation with a positive outlook, supported by RBI’s actions and steady domestic flows. Global markets showed mixed movements. Foreign portfolio investors were net sellers, while domestic institutional investors were net buyers. The Indian Rupee closed lower against the US...Read More

Indian markets closed higher on Friday, showing resilience. Nifty’s bounce from support suggests the uptrend may continue. IndiGo, Bajaj Finserv, Eternal, Ola Electric, and Fino Payments Bank are in focus. Bajaj Finserv plans expansion into pensions and wealth management. Ola Electric begins mass deliveries of new vehicles. RailTel and Cochin Shipyard secured new orders.Read More

Astron Multigrain is set to list on the BSE SME platform on December 8 following a modest IPO that closed at ₹18.40 crore. The company, which manufactures instant noodles and other snacks, saw a 1.22 times overall subscription, with retail investors showing more interest than non-institutional investors. Proceeds will fund capital expenditure and working capital...Read More

Nifty is expected to continue its uptrend, consolidating near record highs. Analysts suggest buying on dips, with a breakout potentially pushing the index towards 26,500-26,800. IndusInd Bank and PB Fintech are highlighted as top stock picks, with specific buy recommendations and targets.Read More