Apart from the Assembly Elections the IPO action is what the street is watching out for this week- There was a lot of anticipation in the market about the Zinka Logistics Solution IPO and the NTPC Green Energy IPO. Analysts and brokerages have maintained a “Subscribe” rating on both companies for long-term presenting these IPOs
The Maharashtra Election 2024 has been one of the crucial factors for the markets. Maharashtra is not just a major industrial hub but also accounts for nearly 13-14% of the country’s GDP. It attracts over 30% of FDO and the policitical future of the state is something that India Inc and stock markets are keeping
Crude oil moved slightly upwards on Wednesday amid an escalation in the Ukraine war, along with the indication of growing Chinese crude imports. However, an increase in US crude oil stockpile maintained overall price gains as it indicates more supply than demand. Brent Crude futures were picked up by 9 cents, or 0.1 per cent
With time running out for Tata Sons to meet the mandatory public listing deadline, the Reserve Bank of India (RBI) is yet to decide on the conglomerate’s application to surrender its status as a core investment company (CIC). This move, initiated in March, was aimed at exempting Tata Sons from listing obligations under the RBI’s
NTPC Green Energy launched its IPO on November 19. It has received reasonable interest from retail investors and the issue has been fully booked within the first few hours of Day 1. The energy companies have been in focus of D-Street. Most of the energy companies that were listed recently, received massive bidding from investors
Over the past two days, gold prices surged by Rs 1,480 per 10 grams, while silver saw an increase of Rs 2,700 per kilogram, reflecting a strong rebound. This marks a positive shift after both metals ended their recent losing streak. On Tuesday, gold and silver futures settled on a positive note both domestically and
The Indian markets are shut on account of Assembly Elections in Maharashtra but globally its a positive day of trade. Asian markets have opened higher and US too closed in the green after a volatile session on Tuesday. Investors are looking forward to appointments by US President-elect Donald Trump Meanwhile, oil prices saw a modest
Market participants see a marginal depreciation in rupee as the likely intervention from the Reserve Bank of India (RBI) will keep the sharp volatility in the forex market at bay. According to the median forecast of the FE poll, the rupee is expected to be trading at 84.50 per dollar by December end. On Tuesday
Funds raised from the capital markets, including via equity and debt instruments, are expected to rise nearly 21% year-on-year to Rs 14.27 lakh crore in FY25, Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch said on Friday. Total capital formation has reached Rs 10.7 lakh crore so far this fiscal, with Rs
Despite missing Street estimates on the revenue and net profit front in its October-December earnings, analysts have viewed the company’s performance with a cautious optimism. The company’s commentary on the revival of discretionary spending and its robust order book are key drivers behind this sentiment. However, analysts remain vigilant about the challenges of total contract
By Chaitali Dutta How should I apply for a loan against my mutual funds? Will the interest rate be lower than that of a personal loan?—Arvind Iyer Yes, you may look for a loan against securities like your mutual funds. However, the loan amount will be about 50% of the value of the equity schemes
The country’s largest organised retailer, Reliance Retail, may be back on the growth path in the third quarter of the current financial year backed by festive demand, sector analysts said. Parent Reliance Industries (RIL) is set to declare its financial results on January 16. In the result preview ahead of RIL’s earnings next week, global
A term insurance plan under the Married Women’s Property (MWP) Act will ensure financial protection of the insured’s wife and children in his absence. The insurance pay-out will only go to them and no creditor of any outstanding loan of the insured can stake claim on the amount. In case a woman is opting for
