Indian stock markets began Wednesday with minimal movement. The Sensex saw a slight increase, while the Nifty opened lower. Investors are closely watching the ongoing conflict between Iran and Israel-US. This cautious trading follows a sharp rebound in the previous session. Key sectors like Metal and Pharma showed gains, while Auto and FMCG faced declines.Read More
Five Nifty500 stocks gained more than 6% on March 10 and formed the bullish White Marubozu candlestick pattern, according to StockEdge technical scan data. The pattern signals strong buying pressure throughout the session and is often interpreted by traders as an indication of continued bullish momentum in the market.Read More
The IPO has been priced in a band of Rs 99 to Rs 100 per unit, with the issue consisting entirely of a fresh issuance of 60 crore units. Since the offering is a fresh issue, the proceeds will be used to fund the trust’s infrastructure assets and related obligations.Read More
The Rs 1,087 crore IPO of Sedemac Mechatronics had opened for subscription from March 4 to March 6. The public issue was entirely an offer for sale (OFS) of about 80.43 lakh shares, meaning the company itself will not receive any proceeds from the issue and the funds will go to existing shareholders selling their...Read More
The initial public offering of SoftBank’s PayPay is likely to price around the low end of its marketing range as war in the Middle East roil markets, said two people familiar with the matter.Read More
Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8% in extended trading.Read More
Oil prices are fluctuating. The International Energy Agency is proposing a historic release of oil reserves. This move aims to counter supply disruptions caused by the war on Iran. Major oil benchmarks saw initial gains reversed. The U.S. and Israel conducted intense airstrikes on Iran. Saudi Arabia is boosting supplies via the Red Sea.Read More
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