Five NSE F&O stocks witnessed a sharp rise in futures open interest as of May 04, indicating heightened derivatives activity. The surge suggests traders are building fresh positions or adding to existing ones, reflecting stronger conviction and a directional bias in the near-term price movement of these counters.Read More
The Indian rupee has fallen to a new record low. This happened after U.S. and Iranian strikes in the Gulf region. These events have worried markets and increased concerns for India’s economy. The currency’s fall impacts oil imports. Other Asian currencies also weakened. Investors are concerned about rising energy prices and their effect on India’s...Read More
Bagmane Prime Office REIT’s Rs 3,405 crore IPO opens Tuesday, aiming to list at Rs 100. Despite strong institutional backing, including from the Jhunjhunwala Trust, grey market signals are muted. The Bengaluru-focused REIT boasts premium office assets with high occupancy and marquee tenants like Google and Amazon, projecting attractive yields.Read More
Bagmane Prime Office REIT is set to launch its IPO today, May 5. The company has secured significant backing from anchor investors, including the prominent Jhunjhunwala Discretionary Trust. This move signals strong institutional confidence in India’s upcoming sixth listed real estate investment trust.Read More
Recode Studios’ IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, priced between Rs 150-158, saw decent grey market sentiment with a 25% premium. The company, founded in 2021, offers over 350 products and plans to use IPO funds for expansion and marketing.Read More
Amba Auto Sales and Services is set for its stock market debut with grey market signals indicating a flat listing. The Rs 65.1 crore IPO, priced at Rs 135, saw mixed subscription, with institutional investors showing more interest than retail. The company, an authorized dealer for Bajaj Auto and LG, plans to use funds for...Read More
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