Silver prices have seen an 18% drop in the past two weeks, presenting a buying opportunity for investors. Analysts predict a potential 50% surge by next year, with prices consolidating before moving towards $75 per ounce. Supply constraints and increasing industrial demand are key drivers for this optimistic outlook.Read More
RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank’s $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12.Read More
Indian equity benchmarks concluded Monday’s session strongly, with the Nifty nearing 25,950 ahead of the October F&O expiry. Analysts suggest a sustained move above 26,100 could propel the index towards 26,300 and 26,500. Meanwhile, the rupee depreciated 36 paise to 88.19 against the dollar.Read More
Indian markets opened positively, driven by easing US-China trade tensions and hopes for a trade deal. Several companies like Adani Ports, PVR Inox, and Ola Electric are in focus due to news and results. Adani Ports plans significant investment in Dighi Port. PVR Inox anticipates record footfalls. HPCL faced refinery issues. Ola Electric expands service...Read More
Global stock markets are taking a pause after a record rally. Investors are now watching for big tech company earnings and decisions from major central banks. This week’s focus is on how technology firms perform and what the Federal Reserve will do with interest rates. Trade talks between the US and China are also a...Read More
India’s IPO market is booming with record fund raising and many companies filing for public offerings. This surge is driven by strong investor appetite and ample domestic liquidity. Investment bankers anticipate this momentum to continue, with more mainboard IPOs expected next year. Mega IPOs from major companies are a key feature.Read More
The Securities and Exchange Board of India (Sebi) has put Sterlite Electric’s proposed initial public offer on hold, withholding its observations without providing a specific reason. The specialized capital goods manufacturer, formerly Sterlite Power Transmission, had recently filed its draft papers for the public issue, which is set to include both a fresh issue and...Read More
The Securities and Exchange Board of India (Sebi) is proposing to increase the threshold for identifying high value debt listed entities (HVDLEs) from ₹1,000 crore to ₹5,000 crore. This adjustment aims to significantly reduce the compliance burden for companies, as current extensive requirements are proving costly and disproportionate, especially for non-banking finance companies.Read More
Indian stock markets rose on Monday. Easing US-China trade tensions boosted investor confidence. Investors now await the US Federal Reserve’s rate decision. The Nifty and Sensex saw gains, nearing record closing levels. Analysts expect the rally to continue. Mid and small-cap stocks also advanced. Foreign investors sold shares, while domestic investors bought.Read More
Shares in US chipmaker Qualcomm skyrocketed on Monday after the company unveiled two new artificial intelligence processors designed for data centers, marking a major push into a market dominated by rivals Nvidia and AMD.Read More
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