Shares of Prestige Estates rallied as much as 2.3% to their day’s high of Rs 1,663 per share on the NSE after Nomura initiated coverage on the counter with a Buy rating and a target price of Rs 1,900, implying a nearly 17% upside from the last closing price of Rs 1,625. With today’s gain,...Read More

Groww’s IPO filing reveals a Rs 1,060 crore fresh issue and strong FY25 performance with 49% revenue growth and Rs 1,824 crore profit. Despite client base dips, it leads the market share at 25.1%, outpacing Zerodha and Angel One in active clients.Read More

MCX shares rose sharply after Sebi Chairman Tuhin Kanta Pandey signalled plans to let banks, pension funds, and FPIs participate in commodity trading. The move is expected to deepen markets, boost liquidity, and drive higher institutional participation in exchanges like MCX.Read More

Both stocks and gold are rallying ahead of the Fed’s rate decision, signalling cautious optimism. Investors are hedging with gold despite record-high equities, reflecting concerns over global debt, currency volatility, and potential market turbulence in the coming months.Read More

Sixteen stocks in the index delivered double-digit returns, with 12 rising 20–80%, highlighting strong investor appetite for high-growth, tech-driven companies.Read More

Sanjay Bakshi, also known as Fundoo Professor, has criticized India’s sovereign gold bond (SGB) scheme, deeming it a flawed government borrowing program. He points to the high effective borrowing cost, exceeding 19% annually, and the lack of risk management. The scheme, designed to curb gold imports, has turned into a costly liability for taxpayers.Read More

City-based FMCG firm Ganesh Consumer Products Ltd has fixed a price band of Rs 306-322 per share for its initial public offering (IPO) that aims to raise Rs 408 crore in combination of fresh issue and offer for sale from promoters.Read More

Groww’s IPO filing reveals significant payouts to its four co-founders. These incentives, totaling over Rs 614 crore, were performance-linked rewards accrued in FY24 and paid in FY25. Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh received substantial bonuses. The company is preparing to go public. Groww is a major player in India’s retail investment...Read More

HDFC Bank continues to be the top pick for global brokerage Jefferies, which has retained its BUY call with a target price of Rs 1,200. The bank’s improving loan growth, stable asset quality, and operational efficiencies are seen as key drivers for earnings and valuation. The ADR target price is set at $92.Read More

Vietnam’s State Treasury successfully raised 7.23 trillion dong in a government bond auction, marking the highest amount since July. The auction saw a higher uptake rate of 53.5% compared to the previous week’s 28.7%.Read More