Canara HSBC Life Insurance Company has received Sebi’s observation letter for its IPO, involving an offer for sale of up to 23.75 crore equity shares by Canara Bank, HSBC Insurance, and Punjab National Bank.Read More
JioBlackRock Mutual Fund anticipates continued stock market volatility for the next two quarters, with improvement expected post-March. Chief Investment Officer Rishi Kohli attributes this to fundamental, macro, and geopolitical factors, noting mixed data signals. He believes earnings will stabilize, providing a tailwind for Indian equity markets to resume their long-term upward trend.Read More
Alpha Alternatives is launching Anantam Highways Trust, an InvIT, aiming to raise ₹400 crore. The trust will initially hold seven HAM road projects across multiple states, covering 272 kilometers. This move reflects Alpha Alternatives’ diversification into infrastructure, capitalizing on investor demand for yield-generating assets with stable, annuity-based income.Read More
Alphabet’s market capitalization soared to $3 trillion on Monday, fueled by AI optimism and a favorable antitrust ruling. The company’s Class A and C shares reached record highs, joining Apple, Microsoft, and Nvidia in the trillion-dollar club. A U.S. federal judge allowed Alphabet to retain control of its Chrome browser and Android mobile operating system,...Read More
Tesla shares surged nearly 8% on Monday after CEO Elon Musk’s $1 billion open market share purchase on Friday, his first since February 2020. The stock’s rise, accompanied by high trading volumes, comes amid news of a proposed new pay package for Musk and a class action lawsuit against the company.Read More
Sebi has approved IPOs of six companies—Pine Labs, Hero Motors, Canara Robeco AMC, Manipal Payment & Identity Solutions, Orkla India, and Emmvee Photovoltaic Power—via observation letters, enabling them to proceed with fundraising plans.Read More
India’s IPO market is set for a surge, with over a dozen companies eyeing nearly Rs 10,000 crore fundraising in the next fortnight amid strong liquidity, reforms, and investor demand.Read More
Despite Sensex slipping 119 points to 81,785, 11 BSE 500 stocks hit fresh 52-week highs on Monday, signaling bullish momentum and investor confidence across finance, healthcare, and industrial sectors.Read More
Wall Street indexes opened slightly higher on Monday, setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained following CEO Elon Musk’s stock purchase.Read More
Sebi has settled proceedings against Deepak Agrawal, a former Axis MF fund manager, after he paid ₹85.8 lakh and surrendered over 43,000 mutual fund units. This action follows allegations of violating market norms, including sharing stock tips and divulging sensitive information. Agrawal settled without admitting or denying the charges.Read More
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