Suba Hotels is set to list on the NSE SME platform on October 7. The company’s Rs 75 crore IPO saw strong investor demand, with a subscription of 15.33 times. The grey market premium indicates a positive debut. Suba Hotels operates 88 hotels across 50 cities. Funds raised will support hotel upgrades and expansion plans.Read More
Dhillon Freight Carrier is listing on the BSE SME platform on October 7. The company completed a Rs 10.08 crore IPO. Retail investors showed strong interest. The stock may list near its issue price. Dhillon Freight offers logistics solutions across several Indian states. The IPO funds will help expand its fleet and operations.Read More
Ahmedabad-based Mittal Sections is launching a Rs 53 crore IPO on Tuesday to fund expansion, working capital, and debt reduction. The steel manufacturer aims to significantly boost its production capacity. With a price band of Rs 136-143, the issue closes October 9, targeting a BSE SME listing on October 14. Investors can anticipate a potential...Read More
Seven Nifty200 stocks, including Fortis Healthcare, BSE, and Nykaa, formed a bullish White Marubozu candlestick pattern on October 6, signaling strong buying momentum.Read More
The Indian rupee is hovering near its record low against the US dollar. Concerns over US trade policies and slower investment are impacting the currency. Public sector banks, likely acting for the Reserve Bank of India, are selling dollars to support the rupee. The currency has been trading within a narrow range for several days.Read More
Hospital stocks surged on Monday following the Ministry of Health and Family Welfare’s announcement of revised rates for approximately 2,000 medical procedures under the CGHS scheme. This significant update, the first in over 15 years, is expected to boost hospital profitability and patient volumes, particularly for those with higher exposure to government schemes.Read More
Indian equities surged for a third straight day, with the Nifty breaching the 25,000 milestone, signaling a positive market outlook. Analysts anticipate stock-specific movements driven by Q2 results, with banking, IT, capital goods, and consumption sectors in focus. Technical indicators suggest further upside potential if the Nifty holds above 25,020.Read More
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