The combined market valuation of seven of the top-10 valued firms surged by Rs 2.31 lakh crore (Rs 2,31,177.3 crore) in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer amid a largely optimistic trend in equities. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys and
US Stock markets may soon witness a sharp downturn, according to veteran technical analyst Tom DeMark, as per a report by Bloomberg. He cautions that the recent rally in the S&P 500 Index could be for a short duration and may give way to a bear market in the coming months. Warning signs indicating for
When solar and transmission line gearmaker Karamtara Engineering gears up for its IPO, it is not just the market watchers who are paying attention. In fact, bollywood and cricket stars are also in action too. Big names like Ranbir Kapoor, Aamir Khan, Karan Johar, Rohit Sharma, and Jasprit Bumrah have backed the company with multi
For over a year now, Vedanta’s much talked about demerger plan has kept Dalal Street buzzing. The question now is when is the demerger likely? Billionaire Anil Agarwal’s mining to metals giant has indicated that the long anticipated split of Vedanta into five separate entities is firmly on track and is potentially expected by September
Rupee has hit a high of 84.78 per dollar. This is the highest level since the beginning of 2025, driven by renewed geopolitical tensions and increased demand for the US dollar, which together exerted pressure on the local unit. Forex traders said geopolitical tensions between India and Pakistan have sparked risk-off sentiment in the market
UltraTech Cement has delivered a strong financial performance in the March quarter, but its stock could not hold ground. On Tuesday, share price of UltraTech Cement fell nearly 2, even as the company reported a 10% year-on-year jump in net profit to Rs 2,482 crore and a 13% rise in revenue to Rs 23,063 crore.
Go to Live UpdatesAther Energy IPO Day 1 Subscription Status Live Updates: The EV automobile player Ather Energy has launched its initial public offer, and bidding for it has started today, i.e April 28. The issue price is ranging between Rs 304 -321 per equity share, and the IPO is closing on April 30. The company is
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week, and global trends would also guide movement in the market, they said. Equity markets will
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s
The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday and later ended the day with 3.13 times subscription. The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. ALSO
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
