Shri Kanha Stainless will list on NSE SME on December 10. The IPO saw steady retail investor response. The company manufactures stainless steel strips for various industries. Strong financial performance is reported. IPO funds will support expansion and debt repayment. The listing is expected to be driven by company fundamentals and market sentiment.Read More

Indian markets watched global cues as the S&P 500 closed lower. Investors braced for a hawkish stance from the US Federal Reserve even as a rate cut was expected. JPMorgan Chase’s forecast of higher expenses impacted the benchmark index. Meanwhile, Treasury yields rose, adding to market jitters ahead of the Fed’s policy update.Read More

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RBI Governor Sanjay Malhotra met bank chief executives, emphasizing that rate cuts and technology adoption should lower costs and boost efficiency for sustainable growth and financial inclusion. He also urged banks to enhance digital fraud safeguards and improve customer service by reducing grievances and strengthening internal systems.Read More

Aditya Birla Renewables Limited (ABREN) secured up to ₹3,000 crore from Global Infrastructure Partners (GIP), now part of BlackRock. This significant investment values ABREN at approximately ₹14,600 crore and will fuel its expansion to over 10 GW of renewable energy capacity across India.Read More

The Securities & Exchange Board of India (Sebi) has been empowered by the government to order social media platforms to remove unlawful stock-related content. This directive, issued by the finance ministry, aims to combat misleading information spread by financial influencers and other entities. The move addresses the growing concern over content scrutiny as millions invest...Read More

Indian stock markets experienced a sharp downturn on Tuesday. The Nifty index fell by 120 points, reflecting ongoing market volatility. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares. The Indian Rupee strengthened against the US dollar. Analysts suggest the market trend may remain weak in the short term.Read More

Markets closed with a nearly 0.5% cut on weekly expiry day amidst mixed cues, with the benchmark index showing pressure while broader markets, especially mid- and small-caps, experienced significant erosion. Analysts suggest Nifty faces crucial support near 25,800, with a breakdown potentially leading to 25,650, while 26,000–26,200 acts as a hurdle.Read More

Amit Rathi divested shares of Anand Rathi Wealth valued at Rs 560 crore through a bulk deal on NSE. He sold 20 lakh shares at Rs 2,800.03 each, reducing his stake by 2.4%. The company’s shares saw a marginal increase of 0.6% on Tuesday.Read More

The Securities and Exchange Board of India (Sebi) has given the green light for IPOs from Molbio Diagnostics, LEAP India, Foodlink F&B Holdings, Technocraft Ventures, and Eldorado Agritech. These companies are set to raise significant funds through fresh issues and offer for sale components. However, Inox Clean Energy and Sky Alloys and Power have withdrawn...Read More