Encompass Design India, operating as ScaleSauce, is set to list on the NSE SME platform on December 12. The IPO, which closed on December 9, saw a subscription of 2.19 times, with NIIs showing strong interest. The company, a consumer-brand builder in home, lifestyle, and food categories, aims to use IPO proceeds for infrastructure, working...Read More

Flywings Simulator, an aviation training firm, is set to debut on the NSE SME platform on December 12. The IPO, which closed on December 9, is trading at a 0% grey market premium, suggesting a listing around its issue price. The company plans to use IPO proceeds for pilot-training equipment and general corporate purposes.Read More

Ashwini Container Movers’ Rs 71 crore IPO opens on December 12. The Maharashtra-based logistics firm will sell 50 lakh shares. Proceeds will fund debt repayment and new truck purchases. The company specializes in containerized freight movement. Its financial performance has improved significantly. The IPO aims to support expansion plans. Investors will monitor subscription trends.Read More

Exim Routes, a technology-led global recyclables trading platform, is launching its Rs 43.73 crore IPO on December 12, with a price band of Rs 83 to Rs 88 per share. The company, which uses an AI-powered B2B platform for sourcing and logistics, reported significant financial growth in FY25. The IPO aims to fund platform development,...Read More

Stanbik Agro, a Gujarat-based agri-commodities firm, is launching its Rs 12.28 crore IPO on December 12. The company, which operates in contract farming, B2B supplies, and modern retailing, aims to expand its retail network and working capital. With strong recent financial growth, Stanbik Agro is poised to capitalize on the evolving agricultural supply chain.Read More

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.Read More

Gold prices dipped slightly after reaching a seven-week high, as investors took profits. Meanwhile, silver continued its impressive run, hitting another all-time peak driven by strong industrial demand and falling inventories. Investors are now keenly awaiting U.S. jobs data for clues on future Federal Reserve policy.Read More

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The Nasdaq experienced a one-week low as Oracle’s significant AI spending plans overshadowed a dovish Federal Reserve. Oracle’s stock plummeted after its quarterly forecasts missed expectations, raising concerns about its AI cloud strategy burning cash. Technology stocks, including Nvidia and Broadcom, also declined, impacting the S&P 500 and semiconductor index.Read More

ICICI Prudential Asset Management’s pre-IPO share sale saw robust participation. Around ₹4,900 crore was raised from 26 investors including foreign institutions and family offices. An additional ₹3,021 crore came from an anchor book with 74 institutional investors. Prominent names like Lunate, Premji Invest, and the estate of Rakesh Jhunjhunwala were among the participants. Major insurers...Read More