Lenskart, which is poised to become India’s first eyewear only company to go public, has received approval for a stock market listing, the markets regulator said on Monday.Read More
Passive funds are increasingly popular among Indian retail investors, with 68% investing in index funds or ETFs. AUM has grown sixfold in six years to ₹12.2 lakh crore, driven by low costs, diversification, and rising awareness.Read More
Domestic Gold prices jumped nearly Rs 2,000 per 10 grams intraday on Monday, crossing the Rs 1.2 lakh mark while hovering near the $4,000 per troy ounce mark in the international markets, continuing their winning run.Read More
Nine BSE Midcap stocks, including Hindustan Petroleum, Muthoot Finance, and L&T Finance, hit 52-week highs on Monday, reflecting strong upward momentum and one-month gains of 7–19%.Read More
A halt in foreign outflows could spark a rebound in Indian equities, Motilal Oswal said in its October 6 report. The brokerage expects improving corporate earnings, robust domestic inflows, and pro-growth government policies to attract overseas investors back. After a year of underperformance, India’s more attractive valuations may further drive a reversal in foreign investment...Read More
The Indian rupee held steady near its record low, bolstered by likely RBI intervention amidst persistent dollar demand from importers. While upcoming IPOs might offer some relief through foreign inflows, analysts caution about potential further rupee depreciation if economic growth slows due to enduring tariffs.Read More
Rajesh Bhosale of Angel One anticipates the Nifty 50 will consolidate around 25,000 before resuming its upward momentum towards 25,400, advising investors to buy on dips. He notes strong performance in Bank Nifty and Fin Nifty, signaling broader market strength. Bhosale recommends TCS and BSE as high-conviction stock picks, citing their technical strength and attractive...Read More
Indian equity benchmarks Sensex and Nifty closed higher on Monday, driven by banking and financial heavyweights after lenders posted strong quarterly loan growth, while IT stocks gained ground ahead of the upcoming earnings releases.Read More
LG Electronics Inc.’s initial public offering of its India arm has attracted the sovereign wealth funds of Abu Dhabi, Norway and Singapore, according to people familiar with the matter.Read More
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