The markets have been trading in range for most part of the week. The Nifty and the Sensex closed around 1.3 percent lower ach. The Sensex ended the day in deep red, plunging by 1.30 per cent or 1064.12 points to close at 80,684.45. The Nifty too mirrored the move and closed at 24,336.00, a
As December draws to a close and 2025 is just around the corner, the IPO market continues to buzz with activity. A action-packed week for investors, several IPOs are scheduled to hit the market this week. Among these key highlights is Carraro India, a player in automotive and agricultural machinery. The Carraro India IPO will
Indian equity markets are under pressure on the back of expected FII selling. Analysts believe that the FIIs are winding up their positions in the market due to year-end and are not willing to carry those positions even in the cash markets. The Nifty 50 dropped 300 pints or 1.2% to 24,323.60 from the day’s
Identical Brains Studios, a player in the world of visual effects (VFX) is set to open its IPO tomorrow, December 18 on the NSE SME platform. Here is everything you need to know about the upcoming IPO from price band to listing data. IPO details The Identical Brains Studios IPO is a book-built issue, offering
DAM Capital Advisors IPO top open on December 19. The IPO closes on December 23. DAM Capital Advisors is an investment bank, offering a wide range of financial solutions. The company provides financial solutions in the area of investment banking comprising equity capital markets, mergers and acquisitions (M&A), private equity, and structured finance advisory. It
Yash Highvoltage’s IPO opened for bidding on December 12, and closed on December 16. The Rs 110 crore SME IPO saw an overwhelming response, with the issue subscribed 181.82 times. The shares of the issue are set to debut on the NSE SME platform on Thursday, December 19. The price band of the issue set
International Gemmological Institute IPO last Date: IGI IPO closes on December 17. The IPO opened on December 13. The issue has been subscribed to a total of 0.77 times as of December 16 (Day 02). The retail buyers have booked the issue 2.58 times and employees 7.13 times while the NIIs have 0.88 times. International Gemmological
In the ever-competitive world of marketing consulting, a Chennai-based marketing consulting company, Toss The Coin, on Tuesday (December 17) made its debut on the BSE SME platform, listing its shares at Rs 345.80. This debut marked a remarkable 90 per cent premium over its IPO issue price of Rs 182. Grey Market Premium Before even
Speed thrills, and how. Just six months ago, the opportunity for quick commerce was estimated at $30 billion by 2030, up from $6 billion in 2024. That has now been raised to $40 billion. The catchment, which was not so long ago estimated at about 25-30 million households spending nearly Rs 4,000-5,000 a month, has
Once the backbone of domestic consumption, India’s middle class, which represents 31% of its population, is cutting back sharply on daily and discretionary expenditure. The warning bells were first sounded by Nestle India’s chairman and MD Suresh Narayanan, a company best-known for its brand of noodles (Maggi), instant coffee (Nescafe) and chocolates (KitKat) among other
India made significant progress in the renewable energy (RE) sector in 2024 with total RE capacity reaching 205.5 gigawatt (GW) as of November in the current fiscal year 2024-25. To achieve the target of 500 GW non-fossil fuel capacity, the government has adopted multifaceted strategy. Apart from rapid RE capacity addition, this includes streamlining the
Equities have outperformed debt funds by a long margin for the last few years. But, with India being expected to enter a rate-cut cycle in a couple of months, things have started looking brighter for debt funds. While large economies like the US have already started cutting rates, India is expected to do the same
The government has been actively conducting surveys to identify tax evaders under Section 133A of the Income-tax Act, 1961. In response to a question raised in the Lok Sabha by Arun Kumar Sagar, the Minister of State in the Ministry of Finance, Pankaj Chaudhary, shared details about the surveys conducted over the last three years.
