By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a per cent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lacklustre start to the earnings season weighed on sentiment, turning the bias negative. A recovery in
By Anand James FIIs increased their Future Index Long positions by 0.65% on Friday, while reducing their Future Index Short positions by 2.02%. Despite being feeble, the rise in index future longs is noteworthy, as it is the first such increase, since 27th September. Meanwhile, there is no reason to go overboard on the prospects
Tata Consumer Products shares tumbled almost 10% to an intra-day low of Rs 986.35. The stock fell a day after it reported weak Q2 FY25 earnings numbers. The company reported a net profit of Rs 359.3 crore in the second quarter of FY25 Vs Rs 338 crore posted in the same quarter last fiscal. The company’s revenue
Deepak Builders and Engineers IPO was fully booked within two hours of the launch, which was primarily driven by the retail investors, subscribing the issue 1.7 times. The non-institutional investors booked the issue 0.69 times while the qualitative institutional booked the issue zero times. The company received bids worth Rs 181.92 crore from investors. The
Go to Live UpdatesWaaree Energies ipo Live: The initial public offering (IPO) of Waaree Energies has officially opened for subscription today, featuring a fresh equity sale of Rs 3,600 crore alongside an offer for sale (OFS) of 48 lakh shares. The subscription period will run until October 23. Prior to the opening, the company successfully
Multi Commodity Exchange rose 1.8% to hit a fresh 52-week high of Rs 6,680 a day after the commodity major swung into black. The company reported a net profit of Rs 153.6 crore in the second quarter of the current financial year compared to a loss of Rs 19.1 crore in the same quarter a
By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lackluster start to the earnings season weighed on sentiment, turning the bias negative. A recovery in banking
By Ravi Singh Nifty October futures are currently trading at a 75-point premium. We have seen a decent bounce of around 500 points after making a low of around 24,750 zone. We have seen a further downfall in the FII long ratio which is now at 35%. Furthermore, we have seen a sharp sell-off by
The beauty of SIP (Systematic Investment Plan) is that you can start with a small amount like Rs 100, Rs 250 or Rs 500 and gradually increase it. After capital market regulator SEBI gave its go-ahead to fund houses for low-value SIPs, many asset management companies (AMCs) have now allowed minimum investments starting from as
Indian employees are silently battling a mental health crisis, with limited access to affordable treatment due to gaps in insurance coverage. Long working hours, rising workplace stress, and economic uncertainties have made mental well-being a growing concern. Despite IRDAI’s 2018 mandate to treat mental health on par with physical health, most insurance policies exclude outpatient
Organised cables and wires manufacturers are expected to post a successive mid-teen growth next fiscal, building on an estimated 16 per cent increase in FY25, stated a report by Crisil Ratings. This, it added, will be on the back of rising investment in end-user segments such as power generation and transmission, railways and real estate
The quick commerce shares may be the toast of the town but BofA Securities is not convinced. The international brokerage firm has downgraded ratings for Zomato and Swiggy. It has cut the rating on Zomato to Neutral from Buy and Swiggy to Underperform. It expects losses to rise in the Q-com business over the next
TVS Motor Company, the two-wheeler giant, is making headlines as its shares trade ex-dividend. The company recently announced an interim dividend of Rs 10 per share for its eligible shareholders. But what does this mean for you? Here’s a breakdown of everything you need to know. TVS Motor record date: Are you eligible? The company
