Nephrocare Health Services’ IPO opens December 10 with a fresh issue and OFS totaling significant funds. Proceeds will support new dialysis clinics, debt repayment, and expansion. India’s largest dialysis network, NephroPlus operates 519 clinics globally and reported strong financial growth in FY25.Read More
The Indian market ended weaker on Wednesday, with the Sensex and Nifty edging lower and extending their slide to a fourth session as investors stayed cautious near record levels.Read More
Shares of American Bitcoin, a bitcoin miner backed by two of U.S. President Donald Trump’s sons, steadied in premarket trading on Wednesday, a day after slumping nearly 40% following the expiry of a share lock-up.Read More
The rupee briefly crossed ninety against the dollar as trade imbalances, foreign investor exits and delays in a US trade deal pressured the currency. Despite limited RBI intervention, expectations of further weakening persist, with rising hedging costs and continued portfolio outflows.Read More
Benchmark indices fell for a third straight session, pressured by banks and financials ahead of the RBI policy. Technical indicators show weakening momentum, with Nifty slipping below the 21EMA. Analysts expect a bearish-to-sideways trend, while Anupam Rasayan and Infosys emerged as top buy ideas.Read More
Wall Street’s main indexes opened lower on Wednesday, as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said the tech giant lowered its sales growth targets for certain artificial intelligence products.Read More
With the oversubscription of the offer-for-sale (OFS) of state-owned Bank of Maharashtra, the government is expected to realise about Rs 2,492 crore by diluting its 6 per cent stake in the bank.Read More
D-Street extended their losing streak as banks, autos and FMCG stocks fell under pressure on rupee’s record slide. Indian Bank, Angel One and key auto stocks declined, whereas Infosys and DOMS saw strong buying interest.Read More
Dialysis services provider Nephrocare Health Services Ltd, known for its brand NephroPlus, is set to launch its initial public offering, comprising fresh issue of shares worth a little over Rs 353 crore, on December 10.Read More
The “destiny” of the rupee is to depreciate further, and the 90-per-dollar mark breached on Wednesday is the new normal for the Indian currency, a senior financial services executive said on Wednesday.Read More
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