January 9, 2023 New Delhi, India IBL Finance IPO The initial public offering (IPO) of IBL Finance, featuring a price band of ₹51 per share and a lot size of 2,000 shares, has garnered significant attention on its opening day. Investors are showing confidence in the company’s growth prospects, driven by its transition to a…
December 28, 2023 New Delhi, India Introduction: In a dynamic market session, Indian stocks reached unprecedented heights, fueled by robust foreign and domestic investor activity. However, escalating volatility and elevated valuations have sparked concerns among traders. Indian Stock Market Surges to New Highs: The Sensex surged by 200 points, setting a fresh high, with the…
December 27, 2023 New Delhi, India Indian Equities In a remarkable feat, India’s stock market has emerged as a standout performer, witnessing an impressive 25% gain in valuation, surpassing the top 10 global markets. This surge is underpinned by the nation’s resilient economic foundation and significant investments from domestic and foreign institutional players. Global Market…
December 26, 2023 New Delhi, India Nestle India’s Stock Split Nestle India has declared a significant move in its financial strategy, announcing a stock split at a ratio of 1:10. This development comes on the heels of the company’s robust financial performance in the second quarter, where profits witnessed a remarkable 36% year-on-year increase, reaching…
December 19, 2023 New Delhi, India Indian Oil Stocks Rally Following Government’s Tax Cut and Global Crude Surge In a recent turn of events, Indian oil stocks witnessed a significant upswing as the government announced a reduction in the windfall profit tax on crude oil production and diesel exports. Here’s a closer look at the…
December 4, 2023 New Delhi, India Adani Group stocks In a dynamic market move, Adani Group stocks surged by up to 9% on December 4, fueled by the BJP’s electoral success in three states and robust macroeconomic indicators. Political Triumph Boosts Investor Confidence: Investors welcomed the BJP’s triumph in three states, seeing it as a…
November 10, 2023 New Delhi, India Stock Market Highlights The Indian stock market closed higher on the last trading day of Samvat 2079, with the Sensex gaining 72 points despite challenges from global markets. Both Sensex and Nifty closed at 64,904.68 and 19,425.35. Market Overview: Despite Early Declines, Last-Hour Rally Lifts Indices The day began…
November 8, 2023 New Delhi, India Stock Market Closes The Indian stock market concluded a session of marginal gains, showcasing a nuanced upward trajectory influenced by various sector performances and global market cues. This comprehensive analysis delves into the recent trends, factors impacting the market, and notable stock-specific movements. Nifty and Sensex both have shown…
November 1, 023 New Delhi, India Cello World IPO Attracts Strong Interest, Closes with 1.44x Subscription The Cello World Initial Public Offering (IPO) concluded its subscription phase with significant investor interest, culminating in a subscription of 1.44 times by the end of the second day. The IPO, valued at ₹1,900 crores, garnered substantial attention across…
October 30, 2023 New Delhi, India US Federal Reserve’s Influence US Fed Rate Decision This Week Analysts predict major stock market movements this week hinged on the US Federal Reserve’s interest rate decision, expected to impact global market trends. Heightened levels of US bond yields prompt keen interest in the Fed’s move. Global Factors in…
