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It's been a return to cooler and wetter weather following late June's spell of heat. Can we expect the return of anything warmer soon? Continue Reading »
Emcure Pharmaceuticals IPO subscription opens with ₹582 crore raised from anchor investors. Price range set at ₹960-1,008 per share. IPO closes on July 5 with allocation percentages for different investor categories. Continue Reading »
Stock Market Today: Sensex breached the coveted 80,000 mark for the first time ever, hitting its all-time high of 80,074.3 during the session. The Nifty 50 also scaled its fresh peak of 24,309.15. Continue Reading »
Power Finance Corporation and Rural Electrification Corporation stocks surged today, with PFC up 5.6% at ₹530 and REC up 4.5% at ₹564. Bernstein projects further upside for both stocks, initiating coverage with an 'outperform' rating and setting target prices of ₹653 and ₹620, respectively. Continue Reading »
Risks from existing competition and LIC’s potential entry into health insurance are well-known. But the growing coverage of the population under the Ayushman Bharat scheme is a bigger risk for the health insurance sector. Continue Reading »
WhiteOak advises investment in banking & financial services sector citing long-term wealth creation, sector's historical outperformance, and underperformance in recent years. Continue Reading »
Bansal Wire IPO price band is set at ₹243 to ₹256 per share. The IPO lot size is 58 shares. The company has already raised over ₹223 crore from anchor investors on July 2, ahead of the opening of its IPO. Continue Reading »
Market experts highlight key macroeconomic trends like fiscal policies and inflation rates. Insights from financial analysts suggest monitoring government reforms and global influences. Continue Reading »
Zomato stock hits all-time high at ₹214, with market value close to ₹2 lakh crore. Analysts upgrade ratings as Zomato outpaces Swiggy in growth metrics, showing profitability and potential for further expansion. Continue Reading »