The Waaree Energies IPO is seeing brisk interest amongst investors ahead of its listing on October 28. Not only has the issue been subscribed 79.44 times, the GMP has risen to a whopping 100% plus. The question therefore is what’s that x-factor that’s keeping investor interest intact in this counter? Siddhartha Khemka, Senior. Group VP
Broking firm Angel One on Friday settled with the Securities and Exchange Board of India (Sebi) by paying Rs 57.46 crore for multiple alleged violations of regulations. The panel of whole time members of Sebi approved the recommended amount on October 15, and was received by the regulator on October 23, “without admitting or denying
For Samvat 2081, the focus of investors should shift to capital preservation rather than chasing high returns, especially in the mid-cap space. As volatility is expected to persist in the year ahead, hybrid funds such as multi-asset allocation funds will be a suitable option for those seeking stability. Stagger bets in mid-caps In Samvat 2080
After gaining over Rs 87 lakh crore in the first half of the financial year, stock market investors have seen their wealth erode by 43% or Rs 37 lakh crore in October – the worst in a single month. Before this, the worst-ever monthly market cap loss was in March 2020, when the panic over
The Securities and Exchange Board of India (Sebi) on Friday levied penalties totalling Rs 16 lakh on Edelweiss Asset Management, its CEO Radhika Gupta and fund manager Trideep Bhattacharya for violating mutual fund rules. The regulator has imposed a penalty of Rs 8 lakh on Edelweiss Asset Management and Rs 4 lakh each on Gupta
Are Indian markets open on Diwali day? The answer is yes Muhurat trading will be undertaken by both NSE and BSE. Know details of trade timing and its significance. Diwali Muhurat Trading 2024: Like every year, the Indian stock markets will have a special trading session on Diwali day. The exchanges will conduct a special
Indian markets created history in Samvat 2080 by hitting milestone after milestone. The Nifty surpassed 26250 and the Sensex surpassed 85900 in September 2024, with both indices gaining around 25% during Samvat 2080. The BSE Midcap and Smallcap index outperformed and gained 45% and 50% respectively. The upmove in markets was exceptional considering the spread
Go to Live UpdatesAfcons Infrastructure IPO 2024 Live Updates: Shapoorji Pallonji Group’s Afcons Infrastructure IPO opened on October 25. The company aims to raise Rs 5,430 crore. The issue consists of two components- issuance of fresh shares as well as an offer for sale. It will be closed on October 29. The IPO price band is
The real fear isn’t about ghosts. It’s about lost years, ruined credit, and regret. Is there something scarier than a haunted house? Yes, it’s a Rs 50,000 investment gone because of a tip you didn’t question. A dream home loan is cancelled because your EMIs ate your savings. Or five years gone, just waiting for
The Institute of Chartered Accountants of India (ICAI) is set to suggest names of the chartered accountant (CA) firms to National Bank for Agriculture and Rural Development (NABARD) for appointment/re-appointment as statutory auditors of State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) for FY26. A senior official told FE that the applications of the
America’s gold holdings at Fort Knox are back in the news, as calls for a complete audit gain traction. Members of Congress have introduced a bill to initiate the first comprehensive audit of America’s gold reserves in decades. Representative Thomas Massie introduced the Gold Reserve Transparency Act of 2025, which requires the Comptroller General to
The Income Tax Department is now using modern data analysis techniques to detect those who have hidden or shown less income. For this, the department is working with various government agencies to collect information about such individuals who spend heavily but do not report their income properly. What is the new update? The Central Board
The Reserve Bank governor, Sanjay Malhotra, gave a positive outlook on the IndusInd Bank, speaking to the media at a press conference after the MPC meeting on Friday. In the post-meeting conference, the RBI Governor pointed out that the bank’s accounting condition has improved. “I think the bank has taken enough steps to improve their
