Shree Ram Twistex’s Rs 110 crore IPO opens Monday, with a grey market premium suggesting moderate listing gains. The company, a manufacturer of cotton yarns, plans to use proceeds for renewable energy projects, debt repayment, and working capital. The issue is entirely a fresh issue of 1.06 crore shares priced between Rs 95 and Rs...Read More
Kiaasa Retail’s Rs 70 crore IPO opens Monday, with no immediate listing gains expected. The company, a women’s ethnic and fusion wear brand, plans to use IPO proceeds for opening new stores. Kiaasa reported increased income and profit in FY25, operating 113 outlets across India.Read More
CleanMax Enviro Energy’s Rs 3,100 crore IPO opens Monday, with a marginal grey market premium suggesting limited listing gains. The renewable energy provider, India’s largest in the commercial and industrial sector, aims to repay debt with IPO proceeds. Analysts offer mixed views, with some recommending long-term investment despite aggressive valuation.Read More
The dollar weakened as the U.S. Supreme Court struck down most of President Trump’s tariffs, seen as supportive for global growth. Despite this, Middle East tensions and confusion over replacement levies kept currency moves modest. Analysts suggest the decision constrains Trump’s tariff power, with longer-term fiscal implications for the dollar remaining unclear.Read More
Oil prices dropped as the United States and Iran prepared for nuclear discussions. This eased worries about a potential conflict. However, President Donald Trump’s new tariff increases introduced uncertainty for global growth and fuel demand. Brent crude futures fell to $71.01 a barrel. U.S. West Texas Intermediate crude futures were at $65.74 a barrel.Read More
Indian IT stocks face increased bearish bets. Traders are positioning for future declines, with significant open interest build-up in IT stock futures. This trend intensifies following AI automation tool launches. The sector’s growth trajectory is under scrutiny. Investors are closely watching upcoming contract expiries for further directional cues.Read More
Asian markets and the dollar showed hesitation as investors awaited clarity on U.S. tariffs, following President Trump’s shifting announcements. Tech stocks face scrutiny with Nvidia’s earnings this week, while oil prices eased ahead of U.S.-Iran talks amid lingering strike risks.Read More
Clean Max Enviro Energy Solutions, India’s top renewable energy provider for businesses, is set to raise funds through an IPO. The company aims to repay debt and expand its operations. It serves commercial and industrial clients with solar and wind power. Financials show revenue growth and a recent return to profitability.Read More
Markets brace for weekend news as the Supreme Court struck down Trump’s broad tariffs, prompting him to impose new levies under a different law. Asian markets showed mixed movements, with Japan’s Nikkei dropping and Australia’s ASX 200 gaining. The Indian rupee weakened against the dollar, nearing the 91 mark.Read More
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