Latest posts
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Cigarette cos shares outperform benchmark Sensex
Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
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Morgan Stanley’s Asia deal plans leaked in staffer’s email misfire
A Morgan Stanley staffer inadvertently shared an internal document listing more than 100 investment deals. The leaked list included potential initial public offerings in Asia, along with private equity partners and suspended projects. The incident arose from an email sent this week, which the staffer attempted to retract later. Morgan Stanley stated it takes client…
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Airtel Money eyes London listing via secondary OFS
Airtel Africa is exploring the possibility of listing its financial services division, Airtel Money, on the London Stock Exchange. This secondary offer for sale could represent the largest listing in the UK since 2021. The International Finance Corporation plans to act as a cornerstone investor, providing existing shareholders a chance to exit during this process.…
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Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies
Indian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs of potential de-escalation in West Asia and changing crude oil prices. The Nifty 50 and Sensex indices both increased after assessing recent corporate developments and strategic forecasts. Key stocks including Bharat Dynamics and NTPC are anticipated…
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Pre-market action: Here’s the trade setup for today’s session
On Wednesday, Nifty saw a notable 0.5% rise driven by widespread buying activity. Analysts are optimistic about the future of Indian equities, pointing to global influences and fluctuations in crude oil as critical factors. The market’s strength was further bolstered by substantial purchases from foreign institutional investors, although the rupee struggled against the US dollar…
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NSE debut may not set D-St on fire, sparks to come later
NSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around ₹83 per share, down significantly from earlier estimates. The IPO was subscribed 5.71 times, highlighting strong institutional interest despite expectations for lower listing gains. Strict supply rules could limit immediate trading shares,…
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US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields. Meanwhile, a spike in oil prices ensued following Iran’s President’s remarks at the UN, impacting overall market sentiment. Despite this, US business activity surged to remarkable levels, raising speculation about…
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UP RERA approves 12 realty projects, worth investment of ₹1,663.85 crore across six districts — Here’s all we know
The Uttar Pradesh RERA has approved 12 new real estate projects, worth investment of ₹1,663.85 crore across six districts in the state. The plan will comprise 3,090 residential and commercial units. Here’s all we know…
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Are Americans benefitting? Fed survey finds how US firms are using their Trump tariff refunds
A survey report by the Federal Reserve Bank of Atlanta said majority of the US firms who received or are seeking tariff refunds, plan to keep the funds as cash, invest it in R&D or new capital projects, use it to lower prices for a while or to give bonuses to workers or managers.
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Should you take a second home loan? Ask yourself these 3 questions before you take a call
Home buyers in India can secure a second loan amidst existing ones, contingent on lender approval. Key aspects include assessing repayment ability, income coverage, and tax deductions.