Kiaasa Retail’s shares are set for their BSE SME debut on March 2, with the grey market indicating a flat listing at its Rs 127 issue price. The Rs 70 crore IPO saw moderate overall subscription, though a small QIB portion was heavily oversubscribed. The company plans store expansion with IPO funds.Read More
Accord Transformer and Switchgear’s IPO saw overwhelming demand, subscribed 357 times, with a 9% grey market premium indicating a strong debut on the BSE SME platform on March 2. The Rs 26 crore issue, priced at Rs 46, will fund capital expenditure and working capital needs for the electrical equipment manufacturer.Read More
Investors sought safe havens as the euro slid and the Swiss franc rose following a U.S. and Israeli bombing of Iran that killed Ayatollah Ali Khamenei, creating a power vacuum and escalating Middle East war risks. Oil prices surged nearly 9% on fears of trade disruption, impacting energy importers like China and Europe.Read More
Several public charitable trusts have challenged the Income Tax Department’s insistence that trust deeds must explicitly state they are “irrevocable” to retain tax-exempt status. Trusts and professional bodies argue that the law does not require such a clause and that public trusts are inherently irrevocable unless expressly stated otherwise. The matter is now before the...Read More
Indian markets are poised for a gap-down opening with heightened volatility due to the US-Iran conflict. Oil marketing companies, paints, and aviation sectors may face margin pressure from rising input costs. Conversely, upstream oil producers and defense stocks could see positive sentiment.Read More
Equity markets faced pressure last week due to geopolitical tensions and tech stock weakness. Investors are reacting to the Iran-US-Israel conflict, with analysts predicting a negative near-term impact. Several stocks like Adani Ports, Fino Payments Bank, GAIL, BEL, and SpiceJet are in focus due to various news developments.Read More
Middle East conflict escalates, pushing oil prices sharply higher and triggering a sell-off in global shares. Investors seek refuge in the dollar, gold, and bonds as the Strait of Hormuz faces potential disruption. The prolonged conflict risks reigniting inflation and dampening economic demand worldwide.Read More
Indian stock market benchmark Nifty faces a weak outlook for the upcoming week. Analysts suggest a potential fall to 24,700 and 24,300 if the 25,100 support level is breached. Investors are advised to consider selling opportunities on any rise.Read More
Indian stock markets are bracing for a weak opening this week. Rising oil prices due to US-Israeli actions against Iran are a major concern. This geopolitical tension could push crude oil prices to $100 a barrel. Investors are likely to shift towards safe-haven assets like gold and the US dollar.Read More
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