Anthem Biosciences shares have risen significantly since its listing. The company reported strong June quarter results, boosting investor confidence. Capacity expansion for custom synthesis is underway. Anthem plans to increase capacity to 425 kilolitres by September 2025. Two products received approval, expanding the commercial portfolio. Revenue jumped nearly 60% in the June quarter.Read More
JPMorgan Chase plans to reduce the influence of major bond issuers in its emerging-market index. This shift will re-route investment from countries like China and India. Smaller nations are set to gain from this adjustment. The change involves lowering the issuer cap to 9% by 2026. This move aims to balance regional exposure and boost...Read More
Indian stock markets closed slightly down after a day of limited movement. This happened before the US Federal Reserve’s meeting. Analysts predict the market will stabilize. They are watching the US Fed policy and India-US trade discussions. India VIX, a measure of market fear, increased. Foreign investors were net buyers of shares. The rupee strengthened...Read More
Asian stocks saw modest gains following Wall Street’s record highs, fueled by anticipation of a Federal Reserve interest-rate cut this week. The S&P 500 surpassed 6,600 amid bets on Fed easing, while a TikTok deal and potential Trump-Xi talks also boosted sentiment.Read More
Railway stocks experienced a surge on Monday, fueled by substantial order wins and the government’s capital expenditure push. Ircon International and RailTel Corporation of India led the gains, driven by positive sentiment from recent project inaugurations and significant capex announcements. Analysts predict further near-term gains for select stocks, advising investors to exercise caution due to...Read More
Lower-income borrowers in India are increasingly favoring gold loans over microfinance due to soaring gold prices and stricter MFI lending practices. Gold loans have surged by 122%, driven by lower interest rates and a shift in perception towards gold as a mainstream financial tool.Read More
Euro Pratik Sales has secured Rs 135 crore from anchor investors before its Rs 451.31 crore IPO, which opens on September 16. The IPO, an OFS share sale priced between Rs 235–247 per share, has attracted investments from notable entities like 360 One Group and Motilal Oswal Mutual Fund.Read More
SEBI has halted Par Drugs and Chemicals’ proposed slump sale of its core business to Phal-Jig Fine Chemicals, a promoter-related entity, citing irregularities in valuation and shareholder communication. The regulator has ordered an independent re-evaluation of the business and a fairness opinion.Read More
Nirman Agri Genetics will consider a 1:10 stock split and bonus share issue on September 30, 2025, aiming to improve affordability and reward shareholders. The company also plans to explore hydroponics and aquaponics to meet the rising demand for sustainable agriculture. Despite a past year decline, the stock recently rebounded and closed at Rs 172.45.Read More
Indian market closed lower on Monday, ending an eight-session winning streak, influenced by weakness in IT and auto sectors. Investors were cautious ahead of the U.S. Federal Reserve’s policy decision. The Nifty formed a reversal candle, indicating uncertainty, while support lies at 24,800. Vodafone Idea and Anant Raj were among the most active stocks.Read More
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