Large Trade Deal: Meesho, Aequs, Vidya Wires IPOs Enter Final Bidding Day as GMPs Surge on Strong Demand
The IPO market witnessed strong action on Friday as Meesho, Aequs, and Vidya Wires entered the final day of bidding with all three public issues receiving robust subscription across investor…
ITC Hotels Shares Trade Flat as ₹3,856 Crore Block Deal Transfers 9% Equity; BAT Likely Seller
ITC Hotels witnessed one of its biggest trading sessions in recent months as a massive 9 percent equity stake, valued at ₹3,856 crore, changed hands through a large block deal.…
RBI Cuts Repo Rate to 5.25%; Announces ₹1 Lakh Crore OMO & $5 Billion USD/INR Swap
In a major monetary policy move, the Reserve Bank of India (RBI) delivered a 25 basis point rate cut, bringing the repo rate down to 5.25%. Along with the rate…
Undervalued Rupee Could Attract Foreign Investors Back to Indian Markets, Say Brokerages
Indian Rupee Weakness Persists, but Analysts See Undervaluation Creating a Long-Term Opportunity The Indian rupee’s persistent slide continues to dominate macro discussions as the currency hit fresh record lows in…
Sensex Pulls Back 200 Points and Nifty Slips Below 26,050: What Triggered the Market Decline
Sensex Slides from Day’s High as Nifty Ends Below 26,050: Five Key Reasons Behind the Market’s Volatile Session Index Price Change % Chg Nifty 50 26,033.75 47.75 +0.18% Nifty…
Cigarette Prices Likely to Rise Slightly Under New Excise Bill, Analysts Predict Muted Impact
Cigarette Prices May Edge Higher Under New Excise Bill, but Analysts Expect Only Mild Impact on Tobacco Majors A fresh wave of attention has turned toward India’s listed tobacco companies…
Reliance Begins Work on Draft Prospectus for Jio’s Potential Record-Setting IPO
Reliance Begins Draft Prospectus Work for Jio’s Mega IPO as Markets Brace for India’s Biggest Listing Yet In a move that signals the beginning of one of India’s most anticipated…
IT Sector Outshines a Volatile Session for the 2nd Day, Driven by Coforge and TCS
IT Sector Outperforms Broader Market as Stocks Rally for a Second Straight Session Despite a volatile trading session across Indian equities, IT stocks continued to chart their own path, extending…
Rupee Bounces Back From Intraday Weakness, Closes at 89.92 Against the Dollar
Rupee Recovers from Historic Low as Markets Attempt to Regain Balance The Indian rupee staged a notable recovery on December 4, rebounding 52 paise from its intraday low to trade…
Google’s Future Lies in Cloud and Subscriptions, Not Just Ads, Says India Head Preeti Lobana
Google Signals a Strategic Shift as India Emerges at the Heart of Its Global Growth Story In a significant narrative that reflects the changing contours of global tech business models,…
