Sampre Nutritions stock offers a final chance today, November 10, for investors to secure bonus shares and a stock split. The company is issuing one bonus share for every share held. Additionally, each share’s face value will halve from Rs 10 to Rs 5. These corporate actions will take effect from Tuesday. Investors buying after...Read More
Groww IPO saw strong investor demand, subscribed 17.6 times. Allotment results are expected Monday. Shares will be credited Tuesday, with listing on Wednesday. The IPO was valued at Rs 6,632 crore. Grey market premium indicates a modest listing gain. Investors can check allotment status on the registrar’s or stock exchange websites. Groww’s performance will be...Read More
Oil prices saw an increase on Monday. Hopes for an end to the U.S. government shutdown are boosting expectations for higher demand. This optimism is currently outweighing worries about increasing global oil supplies. Brent crude futures and U.S. West Texas Intermediate crude both experienced gains.Read More
Gold prices surged on Monday, driven by anticipation of a December Federal Reserve rate cut and concerning economic data. Weak U.S. job figures and declining consumer sentiment fueled global growth worries. This environment, coupled with a potential end to the U.S. government shutdown, boosted investor confidence in the precious metal, with significant inflows into gold-backed...Read More
Global growth concerns resurfaced with weak economic data, but a potential U.S. government shutdown resolution offered some relief. The dollar strengthened against the yen and euro as U.S. lawmakers moved towards ending the shutdown. Analysts anticipate a renewed slowdown in Asian economic growth, potentially boosting the U.S. dollar further.Read More
Nykaa’s parent company, FSN E-Commerce Ventures, saw a remarkable 243% surge in net profit for Q2FY26, reaching Rs 34 crore. Revenue climbed 25% to Rs 2,346 crore, with gross margins hitting a 12-quarter high. EBITDA also saw a significant 53% jump, marking a post-IPO record. Analysts remain optimistic, maintaining ‘Buy’ ratings.Read More
Markets experienced volatility, ending nearly flat as participants adopted a cautious stance amid global headwinds. Key companies like Lenskart, Trent, and Bajaj Auto reported their second-quarter results, with Lenskart set for its exchange debut. Several other firms, including Adani Enterprises and TVS Motor, are also in focus due to business developments and expansion plans.Read More
Goldman Sachs has upgraded Indian equities to ‘overweight’ with a 2026 Nifty target of 29,000, anticipating a strong rebound after this year’s underperformance. The brokerage cited stabilizing earnings and expected policy easing as key drivers.Read More
India’s short-term debt markets saw a surge in September as corporates ramped up commercial paper issuances to ₹62,300 crore for festive season liquidity. Banks, particularly public sector lenders, aggressively tapped the certificate of deposit market, raising ₹1.04 lakh crore. NBFCs, however, adopted a more measured approach, moderating their CP issuances.Read More
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