Emcure Pharmaceuticals IPO subscription opens with â‚ą582 crore raised from anchor investors. Price range set at â‚ą960-1,008 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 â‚ą530 and REC up 4.5% at â‚ą564. Bernstein projects further upside for both stocks, initiating coverage with an 'outperform' rating and setting target prices of â‚ą653 and â‚ą620, 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 â‚ą243 to â‚ą256 per share. The IPO lot size is 58 shares. The company has already raised over â‚ą223 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 â‚ą214, with market value close to â‚ą2 lakh crore. Analysts upgrade ratings as Zomato outpaces Swiggy in growth metrics, showing profitability and potential for further expansion. Continue Reading »