Excelsoft Technologies is launching its IPO on November 19 to raise Rs 500 crore, offering investors a stake in a growing ed-tech software firm. The company, which provides AI-powered learning and assessment tools, has seen strong financial improvements. However, a significant portion of revenue comes from a single client, posing a risk.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Read More

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U.S. stocks are experiencing their biggest pullback in months, raising investor nerves ahead of key tests for the AI trade and interest rate cut expectations. Nvidia’s earnings report and upcoming employment data will be crucial in determining the market’s direction as investors assess economic health and potential Fed policy shifts.Read More

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CreditAccess Grameen’s stock has declined due to concerns over higher credit costs stemming from delayed improvement in its portfolio at risk. Despite accelerated write-offs in H1 FY26, the company is focusing on customer accretion and enhancing borrower quality. Analysts anticipate improved return ratios in the latter half of the fiscal year.Read More

The National Asset Reconstruction Company has taken over the debt of Entertainment City. Punjab National Bank accepted NARCL’s ₹711-crore offer. This ends a year-long effort by lenders to find a better deal. Entertainment City has outstanding debt of around ₹1,000 crore. NARCL’s bid ensures lenders recover their principal amount.Read More

Foreign investors divested shares worth ₹1.02 lakh crore in September quarter, with financial services firms, particularly NBFCs, experiencing significant stake reductions by foreign fund managers. Despite the selling pressure, some companies like Sona BLW Precision Forgings, Five-Star Business Finance, and Tata Communications saw their share prices rise. This occurred as Nifty and Nifty 500 indices...Read More

GQG Partners significantly boosted its stake in five Adani Group companies, including Adani Energy Solutions and Adani Enterprises, through substantial block deals totaling over ₹4,500 crore. The investment firm also expanded its portfolio with new positions in GMR Airports and other major Indian corporations like Bharti Airtel and State Bank of India.Read More

Indian stock indices ended lower on Tuesday, breaking a six-day rally amid global market weakness. The Nifty closed down 103.4 points at 25,910.05, while the Sensex declined 277.93 points to 84,673.02. Despite the broader market dip, the Bank Nifty reached a new record high, signaling potential leadership for banking stocks in future index gains.Read More