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Madison Air Solutions debuted on Thursday with an 18.5% stock surge, reaching a $15.65 billion valuation. The HVAC firm’s successful IPO, the largest in the U.S. this year, highlights strong investor interest in AI-driven data center growth. The company, which provides air quality solutions for various sectors including data centers, raised $2.23 billion in its...
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Institutional investors increased stakes across major NSE large-cap stocks in March 2026, signaling confidence in fundamentals and future growth. Companies like Adani Power, Axis Bank, NTPC, and Coal India saw modest rises, supporting improved governance, liquidity, and price stability trends.
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Wall Street’s main indexes retreated after hitting intraday record highs as investors weighed Middle East developments and a fresh wave of earnings. Optimism over potential diplomacy with Iran supported sentiment, but analysts warned the rally remains largely sentiment-driven without strong economic backing.
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Wipro’s revenue declined for the third consecutive year, though the drop moderated in FY26. Large deal wins offer hope for future growth. However, the June quarter is expected to be flat or see a revenue drop. Profitability was impacted by client issues and salary hikes. The company is cautiously approaching campus hiring as attrition rates...
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Sensex and Nifty ended lower in a volatile session as profit booking in banking stocks erased early gains. Despite easing volatility and supportive global cues, caution persists due to geopolitical uncertainties, while technical indicators suggest a bullish trend with near-term consolidation likely.
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The U.S. Securities and ​Exchange Commission ​said on Thursday it is seeking ​public comment on whether it should comprehensively review the so-called Consolidated Audit Trail (CAT), potentially re-opening ‌a ⁠decade-long dispute ⁠over the trading database.
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Arohan Financial Services plans a Rs 1,400 crore IPO, combining fresh issue and OFS, amid improving microfinance sector conditions. With better asset quality, stable growth outlook, and recovering loan portfolios, the company aims to capitalise on renewed investor confidence.
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Angel One reported strong March quarter results with profit rising 84% YoY, driven by higher trading volumes, improved monetisation, and operating leverage. Client activity rebounded, boosting orders and revenue while wealth management grew, though lending activity saw a sequential decline.
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Michael Selig, ​chair of the U.S. ​Commodity Futures Trading Commission, told Congress on Thursday ‌the agency ⁠would ⁠continue issuing ​regulations even though he is the ​five-member agency’s only sitting commissioner.
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Federal Reserve Bank of New York ​President John Williams said Thursday that the Middle East war is already driving up inflationary pressures, and uncertainty over the outlook is ​limiting how much the central bank can say about what’s next for interest rate policy.
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