The National Stock Exchange of India’s IPO, the second-largest in the country’s history, received robust demand from non-institutional investors and qualified institutional buyers on the second day of bidding, edging closer to a full subscription before closing on September 21.…
The National Stock Exchange’s closing auction session reached ₹16,613 crore, driven by FTSE index rebalancing and upcoming Nifty reorganisation, signalling increased activity in passive investing and derivatives trading. The National Stock Exchange’s closing auction session saw turnover surge to ₹16,613…
Indian government bonds have declined for five consecutive weeks as US Federal Reserve rate increases and RBI liquidity measures intensify market pressure, raising concerns over inflation and further policy tightening. Indian government bonds have now fallen for five straight weeks,…
As the internet’s role in daily life deepens, platforms like X and TikTok are redefining political discourse, entertainment, and decision-making, blurring the line between online trends and real-world impact. The line between the internet and everyday life has become so…
Shares of Adani Energy Solutions surged following Jefferies’ reaffirmation of a positive outlook, citing stronger transmission prospects, expanded smart metering operations, and a thriving trading segment supported by strategic tie-ups and robust bid pipeline. Adani Energy Solutions’ shares climbed on…
Jindal Supreme’s initial public offering (IPO) attracted exceptional investor interest, with the issue oversubscribed 83.69 times as retail and non-institutional investors lead demand, signalling strong market confidence in the steel pipes manufacturer’s growth and cleaner balance sheet. Jindal Supreme (India)…
The National Stock Exchange’s highly anticipated share sale advances, with bids surpassing the halfway point on the second day, driven by robust demand from retail and non-institutional investors amid a lucrative valuation and significant market momentum. National Stock Exchange’s long-awaited…
Indian shares are set to open higher on Friday amid positive cues from US markets and a cautious global outlook, with traders eyeing Asian markets, crude oil prices, US bond yields, and foreign fund flows. GIFT Nifty pointed to a…
Elevate Campuses, backed by Hillhouse Capital, plans to raise ₹2,100 crore through an IPO, focusing on expanding its K-12 education infrastructure portfolio amid sector growth and operational risks. Elevate Campuses, the Hillhouse Capital-backed education infrastructure group, has set a price…
The Shapoorji Pallonji Group has lowered the entry threshold for its high-yield debt to ₹1 crore, expanding access to investors and supporting a major refinancing plan tied to its stake in Tata Sons and other assets. Shapoorji Pallonji Group has…
Next reports stronger-than-expected first-half revenue driven by broad-based demand outside the UK, prompting share price gains despite a slight earnings miss. The retailer also boosts shareholder dividends and buybacks with positive growth momentum. NEXT said first-half revenue beat expectations, helping…
Six companies made a record-breaking debut on India’s mainboard market on Thursday, marking the most simultaneous listings since 1996 and highlighting a vigorous primary market amid increased IPO activity. India’s mainboard market reached an unusual milestone on Thursday, when six…
