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Nine Nifty200 stocks, including Tata Motors, ICICI Bank, and Kotak Mahindra Bank, closed above their 200-day moving averages, signaling a potential bullish breakout.
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Telge Projects will debut on the BSE SME platform on October 3, 2025. Its Rs 27 crore IPO concluded with a 2.99 times subscription. The grey market premium currently shows no gain. The company provides engineering design services. It reported strong revenue and profit growth in FY25. IPO funds will support new offices and IT...
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India faces a severe job creation challenge for its vast youth population, highlighted by the success of gig economy and edutech startups. While digitization offers opportunities, manufacturing decline, US immigration policies, and AI advancements threaten traditional job avenues. Sustained economic growth and strong US ties are crucial to absorb new job seekers and prevent underemployment.
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Berkshire Hathaway is acquiring Occidental Petroleum’s chemical division, OxyChem, for $9.7 billion, a deal potentially marking a leadership transition to Greg Abel. While Warren Buffett’s direct mention was absent, his influence is widely assumed. This significant acquisition, though using under 3% of Berkshire’s cash, will substantially help Occidental reduce its considerable debt.
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Ten NSE large-cap stocks, including Shriram Finance, Tata Motors, and HDFC Bank, showed a bullish RSI upswing as momentum strengthened above the 50 mark.
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Logistics firm Glottis is set to finalize its Rs 307 crore IPO allotment on Friday after receiving 2.12 times subscription. Despite strong investor interest across categories, the grey market premium of just Re 1 indicates muted listing-day gains are anticipated. Investors can check their allotment status from October 3.
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WeWork India’s initial public offering opened for subscription on October 3. The Rs 3,000 crore offer will close on October 7. Shares are priced between Rs 615 and Rs 648. The company aims to list on October 10. WeWork India is a flexible workspace provider. It reported a profit turnaround in FY25. Analysts hold divided...
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Chatterbox Technologies will debut on the BSE SME platform this Friday. Its initial public offering closed earlier this week. The company raised 42.86 crore rupees. The IPO received strong investor interest. Shares are trading at a premium in the grey market. Chatterbox operates an influencer marketing platform connecting brands with creators.
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Gold remained steady on Friday, poised for its seventh consecutive weekly gain, driven by expectations of further U.S. interest rate cuts and concerns over a government shutdown. The precious metal, a traditional safe haven, touched an all-time high on Thursday. Markets anticipate a significant Fed rate cut this month, bolstering gold’s appeal.
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