Atlanta Electricals is set to launch its Rs 687 crore IPO on September 22, with a price band of Rs 718–754 per share. The IPO comprises a fresh issue and an offer-for-sale. Grey market activity indicates healthy demand. Proceeds will be used for debt repayment and working capital.Read More
Ganesh Consumer Products will launch its IPO on September 22. The IPO consists of a fresh issue and an offer for sale. The price band is Rs 306-322 per share. Ashish Kacholia-backed Bengal Finance invested in the anchor round. The company will use the funds to repay debt and expand facilities. Anand Rathi Research recommends...Read More
Asian markets saw gains, led by Japan, after its central bank addressed ETF concerns. Australian and South Korean shares also increased. US equity futures showed mixed performance amid H-1B visa fee worries. Trump touted progress on China issues. Wall Street reached new highs, fueled by rate cut prospects. Focus shifts to China’s loan rates and...Read More
Digital gold purchases have surged in popularity, with UPI transactions increasing by 377% since April 2024, driven by rising gold prices and the convenience of online buying. The value of these purchases has more than doubled, reaching ₹1,184 crore in August.Read More
Indian equities rose for the third week due to positive domestic and global cues, including optimism about India-US trade talks and a potential US Federal Reserve rate cut. However, concerns arose from Trump’s H-1B visa policy. YES Bank gained confidence from SMBC’s stake purchase, while IT stocks faced pressure. NTPC aims to secure uranium assets,...Read More
Despite global economic concerns, Indian stock markets are nearing record highs. Sensex and Nifty are close to peak levels. Domestic liquidity is driving the market. Foreign selling has receded. Investors are cautious due to high valuations and trade tensions. Some investors are shifting towards gold. Market participants are unsure about the sustainability of the rally.Read More
Reserve Bank of India establishes a Regulatory Review Cell. This cell will streamline regulatory changes. It will also quicken the review process. Financial institutions can now flag redundant rules. They can also provide feedback on dated regulations. An advisory group, led by State Bank of India MD Rana Ashutosh Kumar Singh, will channel industry feedback.Read More
Indian equities experienced a slight dip on Friday after a three-day rally, as selling pressure emerged. However, analysts maintain a positive outlook, anticipating a consumption boost from upcoming GST rate cuts and Navratri festivities. The rupee strengthened, while FIIs remained net short in the futures market.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
