The Nifty is poised to hit 26,300, says Dharmesh Shah, Vice President and Head of Technical and Derivatives Research at ICICI Direct, who believes India remains in a structural bull market. With defence stocks like Bharat Electronics (BEL) and PSU banks such as Canara Bank leading the rally, Shah advises investors to buy on dips...Read More
Allcargo Logistics’ demerger of its international supply chain business into a new listed entity, Allcargo Global, takes effect today. Shareholders will receive one Allcargo Global share for every Allcargo Logistics share held. The record date, revised from November 10 to November 12, determines eligible shareholders. The demerger became effective on November 1 after NCLT approval.Read More
Hero MotoCorp is expected to post strong Q2 results, driven by festive demand, volume recovery, and a richer product mix. Brokerages project double-digit growth in revenue and profit, aided by higher ASPs, stable input costs, and improved margins. Analysts remain upbeat on Hero’s festive momentum and EV strategy.Read More
Awfis CEO Amit Ramani addressed market concerns, clarifying that company-wide debt stands at 21 crores, a decrease from the previous year, while profitability and EBITDA have seen significant year-on-year growth.Read More
Groww’s successful stock listing highlights a major change in how Indians invest. Digital platforms like Groww make investing simple, like online shopping. This has brought many middle-class individuals into the stock market. The trend shows a growing confidence in equities as a way to build wealth. This shift is reshaping India’s financial landscape.Read More
Aequs Ltd. raised around ₹144 crore through a pre-IPO placement by issuing 1.16 crore shares at ₹123.97 each to marquee investors, including SBI Funds Management, DSP India Fund, and Think India Opportunities Master Fund.Read More
The Nifty index recovered strongly after early losses, closing with gains of 120 points near 25,700. Analysts maintain a bullish view, suggesting a Bull Call Spread amid sustained market momentum.Read More
Tenneco Clean Air India’s Rs 3,600 crore IPO opened for subscription on Wednesday, offering over 9 crore shares in a complete offer for sale. The issue, priced between ₹378–₹397 per share, closes on November 14, with allotment on November 17 and listing slated for November 19.Read More
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) said it has approved six new real estate projects involving a proposed investment of Rs 863.94 crore across five districts of the state.Read More
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