Public sector bank (PSU) stocks in India took a significant hit recently, tumbling sharply after the government made it clear that there would be no increase in the Foreign Direct Investment (FDI) limit for these banks. This [...]
As air quality concerns continue to shadow the Delhi-NCR region, the Indian government has taken a firm stand against industrial pollution. The Centre has issued a clear directive to industries operating in Delhi-NCR: install real-time emission monitoring [...]
Embassy REIT, a leading real estate investment trust in India, has made a significant move by acquiring a 3 lakh square feet office property in Bengaluru for Rs 852 crore. This strategic acquisition underscores Embassy REIT's confidence [...]
In recent discussions about the Indian stock market's direction, market expert Sandip Sabharwal has highlighted two critical factors affecting market breadth: persistent foreign fund outflows and an ongoing frenzy in initial public offerings (IPOs). These elements are [...]
Gold prices in India have been holding steady around the Rs 1.30 lakh per 10 grams mark, a level that investors are closely watching for a potential breakout. As of now, 24-karat gold is priced at approximately [...]
The much-anticipated Aequs IPO has caught the attention of investors with its competitive offering and promising market sentiments. Here’s a detailed yet easy-to-understand summary of the key aspects of this Initial Public Offering. **Price Band and Issue [...]
Wakefit Innovations, a Bengaluru-based direct-to-consumer (D2C) home and furnishings company, is gearing up to launch its Initial Public Offering (IPO) on December 8, 2023. The much-anticipated IPO aims to raise approximately Rs 1,300 crore, marking a significant [...]
In recent trading sessions, the Indian rupee has witnessed a historic dip, hitting record lows against the U.S. dollar. This decline is being driven by a mix of persistent foreign outflows, ongoing trade deal uncertainties, and a [...]
The Indian stock market recently hit new highs, sparking excitement among investors. But according to Vinay Rajani, senior technical and derivative analyst at HDFC Securities, the momentum that typically fuels such advances is noticeably missing, signaling a [...]
In recent developments, former U.S. President Donald Trump's advocacy for expanding artificial intelligence (AI) data centers across the country is encountering unexpected resistance—from the very communities that form a significant part of his voter base. This backlash [...]