The volatile session ends on a lower note on Tuesday. The Nifty 50 closed the session 163 points or 0.65% lower at 24,838, the Sensex fell 592 points or 0.72% to end at 81,5845. In line with the overall market sentiments, the Nifty Bank declined 220 points or 0.40% to end at 55,351.30. However, the
Borana Weaves IPO has entered the second day of its public offering. The issue opened for subscription on May 20 and will close its three-day bidding window on May 22. As of Day 2, the grey market premium (GMP) for this mainboard issue has also seen a notable surge. Let’s take a look at everything
As the railway tracks of Indian stock markets heat up, two PSU companies– IRCTC and RVNL are gearing up to announce their final dividends and Q4 results this week. Both companies serve the Indian Railways but have entirely different business models, growth paths, and dividend strategies. Let’s put them on parallel tracks and take a
Belrise Industries, an auto component maker, is gearing up to open its Initial Public Offering (IPO) on Wednesday, May 21. Known for supplying safety-critical parts to leading automotive brands, Belrise is eyeing a sizeable capital raise through this public issue. If you are considering investing, here is a breakdown of five key things you need
The IPO market is buzzing with activity again. This week, four new public issues are set to open which include two from the mainboard and two from the SME segment. With these new IPO openings this week, it indicates that after a brief pause in the IPO markets in the past two months, companies are
Gold, one of the rarest elements found in the Earth’s crust, has stood the test of time over thousands of years. Gold, a versatile element, is used in various industrial applications beyond its wearable status. However, what distinguishes it from all other asset classes is its reputation as the ‘bedrock’ of safe-haven wealth. It’s not
The brokerage firm JM Financial recently launched its India Model Portfolio, highlighting key opportunities in the current market. The brokerage is ‘Overweight’ on five key sectors which include – Banking, Real Estate & Hospitality, Telecom, Infrastructure, and Defence. Let’s take a look at the reason behind these sector calls and the top stocks that JM
The market momentum suddenly gathered pace in afternoon trade on expiry day with the Sensex and Nifty shooting up significantly from morning levels. The Sensex has jumped 1,300 points to over 82,600 levels and the Nifty is now cruising past the 25,000 levels for the first time since October, 2024. Apart from supportive global cues
A social media post has again brought the spotlight on how alleged corruption continues in the tax regime and haunts people who want to expand their businesses. The post, shared by Vinod Gupta, revealed his frustration over delays in getting his Goods and Services Tax (GST) registration. He alleged in the post that after failing
US President Donald Trump’s decision to double tariffs on steel and aluminium imports is set to impact India’s metal exports worth $4.56 billion, according to a report by the Global Trade Research Initiative (GTRI). The revised tariffs, which will take effect on June 4, 2025, are expected to make Indian metal products significantly more expensive
The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for
ITR Filing AY2025-26: With almost a two-month delay, the Income Tax Department has made available two Excel-based offline utilities for ITR-1 and ITR-4, which are applicable basically to individual taxpayers with less than Rs 50 lakh annual income. Ideally, taxpayers need an ITR form applicable to them based on their income status and a corresponding
Patanjali Ayurved, the company founded by yoga guru Ramdev, has come under fresh scrutiny from the Ministry of Corporate Affairs (MCA), which has issued a notice seeking an explanation over a series of financial transactions flagged as suspicious by federal economic intelligence agencies. A report by Bloomberg reveals that the government is probing possible fund
