Tata Power, Adani Total Gas, TTK Prestige and other top movers saw sharp gains and losses on Thursday as geopolitical tensions and seasonal demand influenced Indian markets.Read More

NSE has advanced its long-awaited IPO by finalising key intermediaries, including 20 merchant bankers, eight law firms, and advisory partners. These include major domestic and global investment banks such as Kotak Mahindra Capital Company, JM Financial, Axis Capital, ICICI Securities and SBI Capital Markets. The selected intermediaries will handle regulatory filings, due diligence, marketing, and...Read More

​India’s ​National Bank ​for Agriculture and Rural Development (NABARD) ‌withdrew ⁠its planned ⁠seven-year ​bond issue after bids ​came in higher than ​expected, three ⁠bankers said ‌on ​Thursday.Read More

Euro area ​benchmark Bund ​yields hit their highest level ​in almost 2-1/2 years on Thursday, as Middle East conflict ‌fuelled ⁠inflation fears ⁠and expectations for interest ​rate hikes.Read More

The Indian rupee plunged to a record low as Middle East tensions fueled a surge in crude oil prices. This significant rise in energy costs is expected to prompt central bank intervention to stabilize the currency. Analysts warn of amplified rupee volatility and potential growth slowdown and inflation if oil prices remain elevated, overshadowing domestic...Read More

The Indian Rupee saw a recovery from its record low, closing at 92.17 against the US Dollar on Thursday. Global crude oil prices surged amid West Asia conflict. A stronger dollar and domestic equity market volatility also impacted the rupee. Foreign fund outflows added to the pressure. The rupee touched an intra-day low of 92.36...Read More

Tile makers are facing production disruptions as the Iran Israel crisis triggers gas shortages in Morbi, forcing several plant shutdowns. While stocks of Cera, Kajaria and Somany have fallen up to 26%, analysts say organised players with higher inventories may weather the disruption better and could raise tile prices.Read More

Buyer demand in Britain’s housing market has significantly weakened, with a sharp drop in new enquiries attributed to concerns over the Middle East conflict and potential mortgage rate hikes driven by rising energy prices. Near-term sales expectations and house price gauges also declined, reflecting a cautious sentiment among surveyors.Read More

Portfolio management strategies delivered mixed returns in February, with a few quantitative and multicap portfolios outperforming while several small cap strategies declined. Nirmal Bang Securities’ multi cap strategy led the performance chart with an 11.21% gain, followed by Purnartha Investment Advisers and Valcreate Investment Managers.Read More

Shares of Indian power companies rose sharply as early summer heat pushed electricity demand higher. Limited solar output and supply constraints from LNG and hydro plants boosted thermal generation. Temperatures across key cities have been above normal. Rajkot in Gujarat recorded 42°C on Tuesday, the highest so far this year.Read More