The Rs 29.20 crore IPO of Kanishk Aluminium was a fixed-price issue and was open for subscription from January 28 to January 30. The issue was subscribed just about 1.04 times overall, reflecting modest investor interestRead More

Accretion Nutraveda IPO: Demand from non-institutional investors stood at 2.08 times, while the qualified institutional buyers’ portion was subscribed marginally at 1.01 times. The company had also raised Rs 7.02 crore from anchor investors ahead of the public issue.Read More

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Waaree Energies’ shares surged following a US-India trade deal easing tariffs, boosting export prospects. The company also reported strong Q3 results, exceeding Ebitda guidance and expanding its order book. Strategic backward integration and diversification into BESS and green hydrogen further underpin its growth trajectory.Read More

Asian stocks declined as a tech selloff impacted US benchmarks, prompting a rotation into economically sensitive sectors. Advanced Micro Devices’ disappointing forecast contributed to the tech downturn, while FedEx and Walmart saw gains. Oil prices climbed following a US Navy drone interception.Read More

Indian equities surged on Tuesday following a significant trade deal announcement with the US, alleviating tariff concerns. Analysts anticipate continued positive market momentum, driven by recent trade agreements, budget announcements, and the Q3 earnings season. The Indian rupee also saw a record gain against the US dollar.Read More

Indian markets surged on Tuesday, buoyed by a significant trade pact with the US. The Nifty’s strong rebound suggests a potential trend reversal post-Budget sell-off. Several companies like Trent, BPCL, and Bajaj Finance are in focus today due to Q3 results and strategic announcements, with BPCL notably increasing its capex plans.Read More

The Indian rupee saw a significant jump on Tuesday, gaining 125 paise against the US dollar. This surge followed the announcement of a US-India trade deal, boosting currency sentiment. The rupee closed at 90.26/$1, marking its strongest performance in seven years. The Reserve Bank of India was observed buying dollars, influencing the rupee’s movement.Read More

CapitaLand India Trust is boosting its India strategy. It plans to raise more onshore debt and sell some assets. This will help fund new acquisitions and development projects. The trust aims for better cash flows and distributions. CLINT is also expanding its data centre business. This move supports India’s growing digital infrastructure.Read More

Shares of legal software firms and data service companies saw a sharp decline on Tuesday. This downturn followed the release of a new AI automation tool by Anthropic. Investors fear this tool could significantly impact the core businesses of these companies. Major players like RELX Plc and Wolters Kluwer NV experienced substantial drops.Read More