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Indian IT stocks faced selling pressure as the Nifty IT index dropped 3.2% amid reduced expectations of Federal Reserve rate cuts. Wipro led the decline, with losses exceeding 3% for major companies after strong US retail sales data indicated economic resilience. Continue Reading »
NTPC Green Energy IPO price band is set at ₹102 to ₹108 per share. At the upper-end of the price band, the company plans to raise ₹10,000 crore from the book-built issue which is entirely a fresh issue of 92.59 crore equity shares. Continue Reading »
Stocks to buy: The Indian stock market selloff continued for the seventh session, with Sensex and Nifty 50 dropping over half a per cent. Experts suggest a cautious approach to stock selection, recommending nine stocks with potential gains of 7-18% in the coming weeks. Continue Reading »
Swiggy and Zomato: Swiggy's stock debut has drawn investor attention amid its rivalry with Zomato. Analysts favour Zomato for its market leadership, while cautioning that competition from other sectors may impact profitability for both companies in the burgeoning food delivery market. Continue Reading »
Bonus shares in 2024: KPI Green Energy is set to reward its shareholders with a 1:2 bonus share issuance after delivering jaw-dropping returns. The renewable energy stock has surged over 11,075% in five years. Continue Reading »
As the power and data centre industries gear up for multiple advancements, proxy sectors like switchgear could become mainstream in the coming months. Continue Reading »
Starlineps Enterprises shares surged 5% on November 18 after reporting strong Q2FY25 earnings, with net profit rising to ₹3.25 crore and revenue more than doubling. Continue Reading »