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Saatvik Green Energy is launching a Rs 900-crore IPO with a price band of Rs 442-465 per share, valuing the company at around Rs 5,910 crore. The IPO opens on September 19 and closes on September 23, with anchor investor bidding on September 18. The proceeds will fund a new solar PV module facility in...
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Indian government bond yields are expected to remain stable ahead of state debt supply and the U.S. Federal Reserve’s interest rate decision. The 10-year benchmark yield is projected to fluctuate between 6.48% and 6.52%. States plan to raise 184 billion rupees through bond sales. Market anticipates a 25-basis-point rate cut from the Fed, closely monitoring...
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Shanghai copper futures surged to a five-month high. This rise was fueled by optimism surrounding US-China trade talks. A framework agreement on TikTok boosted hopes for a broader trade deal. Expectations of a US Federal Reserve rate cut further supported prices. However, London Metal Exchange copper saw a slight dip due to profit-taking.
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Suzlon Energy shares rose nearly 2% after securing its largest FY26 order — an 838 MW wind project from Tata Power Renewable Energy. The deal spans Karnataka, Maharashtra, and Tamil Nadu, boosting Suzlon’s order book and reinforcing its role in India’s clean energy transition.
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Infosys announces a massive share buyback. This move raises questions about prioritizing short-term gains over long-term innovation. Experts are divided on whether this is the best use of the company’s cash reserves. Some argue for increased investment in AI and research. Others say the buyback benefits shareholders.
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Urban Company, Shringar House of Mangalsutra, and Dev Accelerator are set to debut on the bourses after attracting significant investor interest. Urban Company is expected to deliver the strongest listing pop, driven by high GMP and strong subscription numbers. Shringar could offer modest gains, while Dev Accelerator may see a subdued listing despite robust oversubscription.
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Indian equities are set for a favourable phase, though with moderate returns. Nikhil Ranka suggests a 10% return outlook and sees Nifty reaching 26,000 in 10–12 months, urging investors to deploy capital with a medium-term view.
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Sigachi Industries has experienced a significant rally, increasing its market value by Rs 474 crore in five sessions, driven by high volumes and surpassing its 200 DEMA. While technical indicators suggest overbought conditions and caution is advised due to past volatility, optimism surrounding a potential US-India trade deal and a dividend announcement have fueled investor...
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Brokerage firms have initiated coverage on nine stocks, offering research-backed recommendations to investors. Jefferies is optimistic about Radico Khaitan, United Spirits, and Allied Blenders, while Motilal Oswal is neutral on Bajaj Housing Finance but positive on Ellenbarrie Industrial Gases. Morgan Stanley favors Aditya Birla Lifestyle Brands and CG Power, Axis Securities recommends Mahanagar Gas, and...
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Announced on his social media platform Truth Social, the proposal aims to cut costs for companies and discourage short-term thinking among publicly traded firms.
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