BSE MD & CEO Sundararaman Ramamurthy highlighted India’s market evolution from uncertain settlements to a trust-based system, driven by technology and investor outreach. He emphasized SME capital access, cybercrime education for youth, and increasing women’s participation to foster market stability and growth. BSE actively engages colleges to build an investment culture.Read More

Gold has fallen over 25% from its peak despite ongoing geopolitical tensions in West Asia, marking a sharp divergence from its traditional safe-haven role. Profit booking after a strong rally, expectations of higher interest rates, a stronger dollar and elevated bond yields have driven the decline. Analysts, however, say central bank demand and macro uncertainty...Read More

Vedanta’s mega demerger sees four new companies listing on June 15. Analysts suggest Vedanta Aluminium Metal as a strong buy due to capacity expansion and robust LME prices. Other demerged entities like Vedanta Power, Oil & Gas, and Iron & Steel are expected to debut as small-cap stocks.Read More

Shares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a ‘Buy’ rating and Rs 1,150 target price. The brokerage cited strong AUM growth prospects, recurring revenue expansion, and benefits from India’s long-term financialisation trend.Read More

Lenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 Trust paring its holding. Despite recent exits, brokerages remain optimistic about Lenskart’s long-term growth, citing its integrated model and international expansion.Read More

Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. Perpetual futures on crypto venues suggest a strong demand, even as veteran investors express skepticism about the company’s valuation. This blockchain-based market’s predictive power is now being tested with SpaceX’s record-setting IPO.Read More

On June 11, seven Nifty500 stocks were highlighted in the RSI Trending Up scan based on StockEdge.com data. The signal is generated when RSI crosses above 50 from lower levels, indicating strengthening momentum. Rising RSI values suggest improving price strength and potential bullish continuation, which may help traders identify possible buying opportunities.Read More

Horizon Reclaim’s IPO is now open for subscription. The company aims to raise Rs 54.3 crore through this issue. The grey market indicates a strong debut with a potential listing price of Rs 153 per share. The IPO will close on June 16. Funds raised will be used for debt reduction, working capital, and capacity...Read More

GenXAI Analytics is set for its NSE SME debut with a subdued grey market premium, indicating a likely listing price near its issue price. The company’s Rs 54.8 crore IPO, fully subscribed, aims to fund product development and working capital. GenXAI offers AI-driven enterprise performance and analytics solutions across various sectors.Read More

Indian stock markets surged on Friday, with Sensex and Nifty gaining over 1%, driven by optimism surrounding a potential US-Iran peace deal and easing crude oil prices. Hopes of the Strait of Hormuz reopening boosted investor confidence, leading to broad-based gains across sectors and a significant increase in market capitalization.Read More