Category
Business
Industrial stocks lose momentum as Iran war, AI reversal take toll
Industrial shares have seen a sudden reversal, falling significantly after reaching record highs recently. Rising oil prices and a reversal in the artificial intelligence trade are impacting this sector. Technical indic...
Stocks in news: Biocon, Bank of Baroda, TCS, Sanofi India and Tata Capital
Indian equity markets hit a seven-week low on Tuesday, primarily due to escalating crude oil prices and geopolitical instability that swayed investor morale. Notably, Bank of Baroda announced plans to divest its interes...
D-Street braces for weak opening on negative GIFT Nifty cues
The Indian stock markets wrapped up on Tuesday near their crisis points, strained by high Brent crude oil prices and geopolitical instability that dampened investor morale. Market analysts warn of an ongoing downward tr...
Defence stocks rally as DAC clears Rs 1.10 lakh crore acquisition proposals
Defence stocks experienced a notable surge on Tuesday following government approval for military acquisitions. These proposals, valued at approximately ₹1.10 lakh crore, will largely benefit domestic manufacturers. The...
US stocks today: US stocks slip as AI fears weigh on software, while oil and rate bets add pressure
US stocks fell as renewed AI disruption fears hit software shares, while rising oil prices and shifting Federal Reserve rate expectations added pressure to markets. The S&P 500, Nasdaq and Dow declined as investors awai...
Rentomojo IPO: BlackRock among investors in Rs 376 crore anchor round
Rentomojo has raised Rs 376 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 93 lakh shares to 41 investors at Rs 404 apiece. BlackRock, Goldman Sachs, ICICI Prudential Mutu...
ARCIL IPO: Goldman Sachs, BofA among investors in Rs 220 crore anchor round
Asset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 1.58 crore shares to 21 investors at Rs 139 each. Goldman Sachs, BofA S...
NSE cuts IPO price range, giving up shot at India’s top listing
National Stock Exchange of India is likely to price its long-awaited IPO at Rs 1,700-1,785 a share, below its earlier range of Rs 2,000-2,100. The exchange may also reduce the stake on offer to 5.5%, valuing NSE at up t...
Karamtara Engineering raises Rs 262 crore from anchor investors ahead of IPO. HDFC MF among top buyers
Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO. The company allocated over one crore shares at the IPO's upper price band. Domestic mutual funds and insurance companies parti...
Jio IPO: Co set to begin investor outreach later this week, say sources
Jio Platforms is preparing for its massive initial public offering after receiving Sebi approval. Investor outreach will commence this week across key global financial centers. The company plans to issue fresh equity sh...
Why US stocks are falling today: Dow Jones crashes 600 points on Trump threat to intensify US-Canada trade war amid oil price rise
Dow Jones dropped significantly as US President Donald Trump threatened Bombardier's market access. This escalation followed Canada's refusal to certify American Gulfstream jets, sparking counter tariffs. Brent crude fu...
Market wrap: BEL, HUL, ICICI Bank, Axis Bank top gainers and losers on Nifty and Sensex on Tuesday
Indian equity markets extended losses on September 8, with Sensex and Nifty falling amid elevated crude prices, rate-hike concerns and heavy IPO activity. Broader markets outperformed, while technical indicators showed...
Rupee endures sharpest fall in over a month as Brent oil barrels towards $100
The Indian rupee saw its most significant drop since late July on Tuesday, primarily driven by escalating oil prices nearing $100 a barrel. The situation intensified with increased geopolitical unrest triggered by assau...
IDBI Bank shares crash 11% amid price concerns as Fairfax deal moves closer
IDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling stake. The proposed Rs 53,000-crore deal and potential CSB Bank merger are key de...
India bonds stuck in narrow range, focus on oil, RBI liquidity moves
Indian bond traders are navigating uncertain waters as soaring oil prices weigh heavily on market sentiment. In response, the Reserve Bank of India is tightening liquidity to combat rising inflation. This strategic move...
Global Market: China stocks edge higher as agriculture, energy and gold shares offset tech weakness
China’s stock markets edged higher on Tuesday, led by agriculture, energy and gold-related shares, while technology stocks declined. The CSI 300 rose 0.1% and the Shanghai Composite gained 0.4%, while Hong Kong’s Hang S...
Explosive Gains! ESDS Software shares skyrocket 195% from IPO price in 3 sessions
ESDS Software shares extended their post-listing rally for a third session, rising 16.21% to Rs 1,266, nearly 195% above the IPO price of Rs 429. The surge follows a 136-times subscribed IPO, improved financial performa...
IFCI shares slide 7% after stellar 30% monthly surge amid NSE IPO buzz
IFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO. IFCI has indirect exposure to NSE through its stake in Stock Holding Corporation of Indi...