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
The Bank of England has issued a stark warning. A massive spending boom in artificial intelligence infrastructure, funded by debt, faces significant risks. Stretched stock market valuations are a major concern. A correction in AI stocks could impact wider debt markets. This situation is developing and could affect household wealth and borrowing costs.Read More
Indian banks are boosting lending to higher-yield loans. This strategy aims to safeguard profit margins in a favorable credit market. Recent data shows an increase in the average lending rate on new loans. This trend helps banks maintain their net interest margins. Banks are also lending more to individuals and smaller businesses.Read More
The Indian Rupee has reached a historic closing low against the US Dollar, nearing the significant 90 mark. The Reserve Bank of India has intervened to slow the currency’s fall. Traders observe a shift in the RBI’s strategy, allowing for a wider trading range.Read More
Capital Group, Norges Bank Investment Management, ICICI Prudential Mutual, and Nippon India Mutual were among the funds that opted out of the e-commerce marketplace’s ₹2,439-crore anchor book, said sources.Read More
E-commerce platform Meesho plans to raise ₹4,250 crore via a fresh issue for cloud infrastructure and capital expenditure, alongside an ₹1,171.2 crore offer for sale. Despite revenue growth, the company reported an increased net loss in FY25, though it narrowed in the six months to September.Read More
The IPO comprises a fresh issue of equity shares aggregating up to ₹377 crore and an OFS of 4.67 crore shares by existing investors. Axis Capital, IIFL Capital Services, and Nomura Financial Advisory are the book-running lead managers to the issue.Read More
Bank of Maharashtra’s offer for sale saw robust investor demand on its opening day, with bids exceeding 400% of the base issue size. The government will now exercise its green-shoe option, expanding the total stake on offer to 6% after the strong response from non-retail investors.Read More
Bajaj Finance has sold a significant stake in Bajaj Housing Finance. The deal involved 16.66 crore shares traded at Rs 95.3 each. This transaction represents a 2.35% equity stake, valued at approximately Rs 1,890 crore. The sale occurred at a discount to the previous day’s closing price. Bajaj Housing Finance shares experienced a notable drop...Read More
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