Magenta Lifecare - IPO subscription Status on Day-3 As of 5.25 pm on 07th June 2024, out of the 18.96 lakh shares on offer in the BSE SME IPO (excluding the market maker portion and the anchor allocation done), Magenta Lifecare saw bids for 18,642

PSU Stock Slump Continues: Market Down for Second Straight Day The downward spiral of public sector undertaking (PSU) stocks continued for the second consecutive trading session on Tuesday, a trend ignited by the election results that deviated fro

SpiceJet, the low-cost carrier, is gearing up for a significant expansion phase as the Indian aviation industry continues its upward trajectory. The airline's chairman, Ajay Singh, has revealed plans to raise an additional $250 million by August to f

The unexpected election results in India have sent shockwaves through the stock market, with mutual funds bearing a significant brunt of the impact. Over the last two trading sessions, these investment vehicles witnessed a staggering loss of ₹90,00

Adani Group stocks, including heavyweights like Adani Enterprises, Adani Ports, Adani Energy Solutions, and Adani Green Energy, continued their downward spiral on Wednesday, extending losses from the previous session. The selling frenzy was triggered

Domestic brokerage firm Emkay Global is betting big on the fast-moving consumer goods (FMCG) sector, fueled by an anticipated rural revival in India. With an improving monsoon season and the Union Budget's potential pro-consumption initiatives, Emkay

Kolkata-based infrastructure giant GPT Infraprojects just scored a whopping ₹547 crore order from Rail Vikas Nigam Limited (RVNL). Investors rallied behind the news, sending GPT Infra's shares climbing to 6.95%% in early trading at 11:22 am on June

The ownership structure and financial independence of clearing corporations are currently under review by an ad-hoc expert committee, chaired by former Deputy Governor of the Reserve Bank of India (RBI), Usha Thorat. A circular issued by the Secur

In a surprising twist, initial results indicating a narrow victory in the election led to a sharp decline in benchmark indices, increased volatility, and a rush of investors reducing their long positions on June 4. The Nifty dropped over 1,300 points

Even though the valuation of the Indian stock market is rising to premium levels, its stability and appealing medium- to long-term prospects are still secure. This is attributed to a combination of strong macroeconomic conditions, steady policy momen

The primary equity indices started Tuesday’s trading session on a down note, following the markets' best performance in three years on the previous day. Banks are facing significant pressure, with the Bank Nifty dropping more than 300 points. By

Shares of Adani Ports and Special Economic Zone (ASPEZ) are expected to continue rising on June 4, following Morgan Stanley's 'overweight' rating on the stock with a target price of ₹1,517 per share. This optimistic outlook follows the announcement