Aerospace manufacturer Aequs launches its Rs 922 crore IPO, aiming to leverage global supply chain shifts and domestic manufacturing support. The company, known for its integrated aerospace ecosystem, seeks funds for debt repayment and expansion. Despite recent financial losses, analysts suggest subscribing for the long term, citing strong customer ties and growth potential.Read More

Meesho’s IPO opens today amidst strong investor interest, driven by a significant grey market premium and positive analyst outlook. The e-commerce giant, a leader in Tier-2 and Tier-3 India, is capitalizing on the shift towards value purchases. Despite current losses, its rapid user growth and improving operational efficiencies are fueling optimism for future profitability.Read More

Shri Kanha Stainless is set to launch its Rs 46.28 crore SME IPO on December 3, capitalizing on growing demand for specialized stainless-steel components. The company, a producer of ultra-thin precision strips for various industries, aims to fund equipment upgrades and debt repayment.Read More

Vidya Wires is launching its Rs 300 crore IPO on December 3, driven by strong industrial demand and rising power sector investment. While early sentiment is positive with a 12% grey market premium, analysts advise caution due to thin margins and a premium valuation. The company aims to double output and reduce debt with IPO...Read More

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.Read More

Canara Bank successfully raised Rs 3,500 crore through a new issuance of Basel III-compliant Additional Tier I bonds. The perpetual, unsecured bonds offer a 7.55% annual coupon and were fully subscribed, reflecting strong investor demand. This capital infusion is set to bolster the bank’s core capital, enhancing its financial resilience and potentially influencing investor sentiment.Read More

Maruti Suzuki is entering the electric vehicle market with its new e-Vitara SUV. The company has also launched a unified charging platform. This platform connects home and public charging stations. Maruti Suzuki has partnered with 13 charge point operators. They aim to provide access to over one lakh charging points by 2030.Read More

Nifty experienced selling pressure, closing lower at 26,032, with analysts noting uncertainty and resistance at 26,325. A bearish to sideways sentiment is expected to persist, with immediate support at a rising trendline on the hourly chart. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.Read More

Indian markets saw a dip on weekly expiry day, continuing their consolidation phase. The Nifty is nearing support levels. Investors are advised to focus on specific stocks in auto, banking, pharma, and IT sectors. Companies like Vedanta, Maruti Suzuki, KPI Green, Canara Bank, and CEAT are in focus due to recent developments.Read More

Asian stocks traded in tight ranges as investors awaited fresh catalysts, with a cryptocurrency rebound losing steam. Mixed performance in regional markets mirrored Wall Street’s cautious approach ahead of key central bank rate decisions. Traders are carefully assessing economic data and potential Fed policy shifts, anticipating a ‘back and forth’ pattern in equities before a...Read More