UBS has begun coverage of Page Industries with an INR 44,000 target price, highlighting improving revenue and reduced legal risk while warning that cotton costs continue to weigh on profitability. UBS has initiated coverage on Page Industries with a target…
Fusion CX has secured about Rs 315 crore from anchor investors at Rs 289 a share, with domestic mutual funds taking nearly 78% of the allocation ahead of its Rs 702 crore IPO. Fusion CX Ltd has drawn strong demand…
India’s markets regulator has proposed compulsory monitoring of fundraising proceeds and a stepped enforcement process that could see stock exchanges fine non-compliant companies and seek freezes on promoters’ demat accounts. India’s markets regulator has proposed a tougher regime for tracking…
Indian shares posted their strongest one-day advance in four months as HCLTech’s robust earnings, a firmer rupee and hopes of a review of capital gains tax revived demand for beaten-down stocks. Indian equities staged their sharpest one-day advance in four…
India’s mutual fund assets fell to ₹82.64 lakh crore in September despite record SIP contributions of ₹32,490 crore, as falling equity valuations and institutional debt-fund redemptions outweighed steady retail demand. India’s mutual fund industry saw its assets under management fall…
Exchange-traded funds bought a net $247.4m of Amazon shares on 9 October, led by QQQ and SPYM, extending a recent shift towards buying after a volatile run of inflows and outflows. Exchange-traded funds bought a net $247.4 million of Amazon.com…
HCL Technologies led a technology-led advance in Indian equities after strong quarterly results, while mixed market breadth underscored investors’ selective approach. Indian shares held firm on Tuesday, with information technology stocks driving the benchmark indices higher after quarterly results from…
S.E.E.D. Planning Group increased its Amazon holding by 8% in the third quarter, adding to evidence of sustained institutional confidence despite recent insider selling. S.E.E.D. Planning Group LLC increased its stake in Amazon.com during the third quarter, adding 5,366 shares…
India has surpassed 300 GW of non-fossil electricity capacity, but steep falls in renewable-energy shares show investors are now demanding profits, cash flow and delivery alongside ambitious growth. India’s renewable-energy story has entered a new phase. By 31 July 2026,…
Gold is consolidating below $4,200 as Middle East and Ukraine tensions support safe-haven demand, while traders await US inflation data for clues on the Federal Reserve’s next rate move. Gold held in a tight band below $4,200 in Asian trading…
Bengaluru’s TechSparks summit turns the spotlight on India’s emerging technology order as manufacturing marketplace Zetwerk expands its IPO and sets a price band of Rs 143 to Rs 151 a share. Bengaluru is once again at the centre of India’s…
A record survey of reserve managers shows gold’s role is expected to grow as central banks reassess dollar exposure amid geopolitical and inflation risks. Central banks are signalling that gold’s role in the global reserve system is set to expand…
