Market action was dominated by sharp moves in RPSG Ventures, Larsen & Toubro, and Fino Payments Bank as benchmark indices extended their winning streak.Read More

Powerica IPO saw weak demand on day two, with 3% subscription and retail interest. Grey market premium remains negligible. The company aims to raise Rs 1,100 crore, with proceeds for debt repayment, while brokerages recommend long-term subscription despite modest growth.Read More

The Indian stock market saw a significant rally on Wednesday. The Sensex jumped 1,205 points, closing at 75,273. Amidst this broader market strength, six stocks from the BSE 1000 index reached their highest levels in a year. These new 52-week highs signal positive momentum for these companies. Prime Focus, Acutaas Chemicals, and Aurobindo Pharma were...Read More

U.S. stock index futures climbed on Wednesday after media reports that the U.S. was seeking a month-long ceasefire in its war with Iran allayed some investor fears around prolonged energy supply disruptions.Read More

Indian government bonds ended ​little changed on Wednesday ​after a choppy trading session, as crude prices hovered ​near the $100-per-barrel mark despite falling more than 7% on reports of a possible U.S.-Iran ceasefire plan.Read More

The government has appointed Kompella Venkata Ramana Murty as a whole-time member of Sebi for a period of three years.Read More

SpaceX is aiming to file its initial public offering ​prospectus with regulators later this week ​or next week, The Information reported on Tuesday, ​citing a person with direct knowledge of the plans.Read More

India’s economy shows robust growth, projected at 7.1% for FY27. Strong domestic demand and investments in technology are key drivers. Global geopolitical tensions, particularly in the Middle East, pose a risk through potential oil price spikes. India’s reliance on energy imports makes it vulnerable. The nation’s growth trajectory will be tested against these external factors.Read More

The Indian rupee ​weakened slightly on Wednesday but ​held off pressure from dollar demand linked to maturing ​non-deliverable forwards and foreign portfolio outflows, as the central bank intervened to support the currency.Read More

Global brokerage UBS has downgraded Indian equities to Neutral from Attractive due to escalating geopolitical risks in the Middle East and their impact on India’s energy imports. Analysts highlight the nation’s vulnerability to oil price spikes and supply disruptions, particularly through the Strait of Hormuz.Read More