Pune-based GK Energy has filed its red herring prospectus for an IPO opening on September 19, with subscriptions open until September 23. The offering includes a fresh issue of Rs 400 crore and an offer for sale of Rs 64 crore. The company, a solar EPC player, reported revenues of Rs 1,095 crore in FY25...Read More

The Indian rupee strengthened, reaching a one-week high, driven by expectations of a U.S. Federal Reserve rate cut that weakened the dollar. Despite foreign investor outflows and concerns over U.S. tariffs, the rupee found support. The Reserve Bank of India’s intervention and upcoming trade talks between India and the U.S. also influenced the currency’s performance.Read More

Indian stocks rallied and ended in the green on Tuesday, with the Sensex climbing more than 590 points and the Nifty 50 breaching the 25,230 level, as a number of factors, from gains in auto stocks to optimism over U.S. trade negotiations and expectations of a U.S. Federal Reserve rate cut, shaped investor sentiment.Read More

ETMarkets’ latest analysis highlights stocks with the largest increase in mutual fund holdings in August 2025. Six standout stocks—including Eternal, Motherson Sumi, and Bajaj Finance—saw both high institutional accumulation and strong price gains, reflecting robust mutual fund interest and investor confidence across the Indian market.Read More

Nomura identifies Mahindra & Mahindra, Hyundai Motor India, and TVS Motor among top picks poised to benefit from India’s GST rate cuts on automobiles. Automakers swiftly passed on the reductions, spurring consumer interest and bookings, with Maruti Suzuki reporting a significant surge. The brokerage anticipates volume growth during the festive season, particularly for commercial vehicles...Read More

Veteran investor Shankar Sharma warned that India’s rising reliance on stock market taxes to fund capital expenditure makes the economy vulnerable. He stressed weak growth, not taxes, is driving poor market sentiment, countering Ajay Bagga’s critique.Read More

Indian markets stayed resilient above 25,100, with technical indicators signaling potential breakout towards 25,500. Dharmesh Shah highlights strong breadth, advises buying dips, and favors capital goods sector with L&T and Bharat Electronics as top picks.Read More

Mukesh Ambani plans to take Reliance Retail public in 2027, a year after Reliance Jio’s anticipated IPO, with the retail arm potentially valued at nearly $200 billion. As part of preparations, Reliance has demerged its FMCG unit and is closing underperforming outlets to boost margins. The IPO will also provide exits for major investors, including...Read More

Tata Motors shares slipped over 1% to Rs 705 on the NSE, marking their second straight session of decline, after Jaguar Land Rover extended its production halt amid an ongoing cyber incident probe. JLR has yet to provide a timeline for full recovery.Read More

Mayuresh Joshi highlights four key opportunities for investors—auto sector recovery post-GST cuts, auto ancillaries like SJS and Uno Minda, structural growth in diagnostics with Krsnaa Diagnostics as a dark horse, and long-term potential in power financiers PFC and REC amid renewable energy capex.Read More