Godrej Properties Ltd’s promoters have increased their stake in the company by 5 per cent this fiscal through purchases of public shares worth Rs 2,674 crore in the open market, as they are bullish on the growth prospects amid robust demand for residential properties and a strong launch pipeline.Read More

Indian benchmark indices fell sharply for a third straight session as escalating Iran-Israel/US tensions hurt sentiment. Nifty dropped over 2% and Sensex nearly 1,500 points, with metals, auto and oil stocks leading losses, while select stocks like LTTS and IFCI gained.Read More

Innovision’s IPO saw weak investor response, with overall subscription around 30% even after extending the bidding period and lowering the price band. Retail and NII participation stayed muted, while institutional demand remained stronger. The company aims to raise Rs 323 crore through the issue.Read More

Indian equities are suffering their worst month since the Covid crash as the Iran war, $100 crude and heavy FII selling hammer sentiment. Despite the slide, fund houses like Bajaj Finserv AMC and Axis Mutual Fund say strong earnings and resilient fundamentals in India may steady markets once geopolitics stabilise.Read More

Adobe’s stock dropped significantly following the announcement of CEO Shantanu Narayen’s retirement. This leadership change comes as the company navigates the evolving landscape of AI in software. Investors are watching closely to see how Adobe adapts to these technological shifts.Read More

The Indian rupee ​fell to a record low on ​Friday on concerns that the Iran war-induced surge in ​oil prices could disrupt the South Asian nation’s growth-inflation dynamics and dent capital flows, with traders also pointing to elevated offshore dollar bids.Read More

The consultancy arm of Coal India, Central Mine Planning and Design Institute (CMPDI), will open its IPO on March 20. The offer for sale of 10.71 crore shares will list on BSE and NSE, with 50% reserved for QIBs and 35% for retail investors. As the issue is entirely an OFS, CMPDI will not receive...Read More

Jefferies has added Wipro, Hyundai Motor India and Cipla to its latest underperform list, citing weak growth outlook, rising competition and earnings risks. The brokerage flagged slow deal ramp ups at Wipro, market share losses for Hyundai and US revenue pressure at Cipla as key concerns for investors.Read More

Metal stocks, including NALCO and Hindustan Copper fell sharply on Friday as a surging US Dollar Index and ongoing Iran–Israel/US conflict dented demand. Analysts advise caution, noting that global commodity prices and infrastructure trends will shape near-term metal sector performance.Read More

European shares fell on Friday and were headed for a second weekly loss, as ‌escalating conflict ⁠in the ⁠Middle East and inflation worries dented risk appetite.Read More