Fujiyama Power Systems (UTL Solar) has secured ₹247 crore from 15 anchor investors ahead of its IPO, which opens on Thursday. The company, a roof-top solar manufacturer, allocated over 1.08 crore equity shares at ₹228 per share. Nippon India Mutual Fund and Tata Mutual Fund were significant participants in the anchor allocation.Read More
Indian markets closed higher for the third straight day, with Sensex rising 595 points and Nifty up 181 points, led by gains in financials, IT, and auto stocks. Positive global cues, easing inflation, and firm domestic macro data lifted investor sentiment.Read More
Nifty advanced for a third session, led by IT and auto stocks, confirming its uptrend above the 21EMA. Analysts expect further strength, with potential targets near 26,000. Stock picks for Thursday include CarTrade Tech, CDSL, GE Shipping, LTIMindtree, and Welspun Living.Read More
Zerodha CEO Nithin Kamath supported Sebi’s warning on digital gold, calling it unregulated and inefficient. He cautioned that buyers lose nearly 6% upfront due to GST and spreads, urging investors to choose gold ETFs for safer exposure instead.Read More
Wall Street opened higher on Wednesday with the Dow at a record high, as investors cheered a likely end to the longest U.S. government shutdown, while an upbeat earnings outlook from Advanced Micro Devices revived optimism around AI.Read More
Euro zone governments will need to fine-tune their borrowing due to uncertainties facing their bond markets, but strong demand from foreign investors is helping, debt management officials said on Wednesday.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
