IT Stocks Rally as Rupee Hits Fresh Record Low — Wipro, TCS, Infosys Jump Up to 2%
India’s IT stocks saw strong buying interest on December 3 as the rupee slipped to a fresh all-time low against the US dollar, crossing the ₹90 mark for the first…
Sensex Falls 300 Points, Nifty Slips Below 25,950 as Rupee Hits Record Low; Market Decline Extends to Fourth Day
The Indian stock market extended its losing streak to a fourth straight session on Wednesday, with benchmark indices Sensex and Nifty tumbling under the pressure of a record-low rupee, sustained…
Angel One Shares Slide Over 5% as November Gross Client Acquisition Drops 17% YoY
Angel One shares came under pressure on December 3, falling over 5% in early trade after the company reported a sharp decline in its gross client acquisition for November. Despite…
Meesho IPO Retail Fully Subscribed in 1 Hour; Issue at 28%
The Meesho IPO opened to a strong response in the primary market, with the retail portion getting fully subscribed within just one hour of opening for public subscription. The demand…
Aequs IPO: Turnaround Story or Valuation Bubble Waiting to Burst?
The Aequs IPO has quickly become one of the most talked-about public issues in the market, not just for its timing but for the sharp contrast in opinions it has…
PSU Bank Stocks Slide Nearly 2% After Govt Rejects FDI Hike Reports
The Nifty PSU Bank index witnessed sharp selling pressure on December 3 after the government clarified that it has no plans to raise the foreign direct investment (FDI) limit in…
As the Rupee Nears 90, Here’s How Investors Can Protect Their Portfolios From Currency Volatility
Rupee Slide Toward 90 Raises Alarm as Investors Brace for Currency Turmoil The Indian rupee sank to a new low of 89.92 against the US dollar on December 2, reigniting…
All Sectors Turn Red as Sensex Sheds 504 Points and Nifty Breaks Below 26,000
Nifty Slips Below 26,000 and Sensex Sheds 504 Points as Markets Extend Their Losing Streak Index Price Change % Chg Nifty 50 26,032.20 143.55 -0.55% Nifty Bank 59,273.80 407.55 -0.68%…
How the Meesho, Aequs and Vidya Wires IPOs Stack Up Ahead of Launch
A Big IPO Week Begins as Meesho, Aequs and Vidya Wires Open for Subscription The primary market is set for a busy week as three major IPOs—Meesho, Aequs and Vidya…
Why Indian Bank Shares Are Falling Even as PSU Banks Outperform
Indian Bank Shares Slip Despite PSU Bank Index Rally—Here’s What’s Behind the Decline On a day when most PSU Bank stocks were trading firmly in the green, Indian Bank surprised…