The National Securities Depository Limited (NSDL) has settled a case involving several procedural and systemic lapses with the Securities and Exchange Board of India (Sebi) for ₹15.58 crore. In an…
Author: Admin
MetaX shares jump 693% on listing day after blockbuster IPO — All you need to know about the Chinese chipmaker
Chinese company MetaX Integrated Circuits Shanghai Co’s shares surged 693% on the first day of trading on Wednesday, following its blockbuster initial public offering (IPO). This jump in MetaX Integrated…
Indian rupee records biggest single-day gain against US dollar in two months. Here’s why
Indian rupee snapped its five-day losing run as it closed 0.7% higher — the biggest single-day gain in two months — against the US dollar on Wednesday, December 17. The…
Mutual fund equity inflows dip 6% as investors book profit
Inflows into mutual fund equity schemes were down 6 per cent month-on-month to ₹28,054 crore last month as investors preferred to book profit with slight improvement in market sentiments. Investors…
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Growth in the artificial intelligence and defence sectors will boost global copper demand 50 per cent by 2040, but supplies are expected to fall short by more than 10 million…
Elecon Engineering shares slump 17% as Q3 profit drops, CFO resigns
shares came under heavy selling pressure on Friday, plunging as much as 17 per cent after the company reported a sharp fall in quarterly earnings and announced the resignation of…
Sensex, Nifty 50 slump ahead of US court rulling on Trump’s tariffs, ICICI Bank, Adani stocks top losers, IEX leads smallcap losses
Equity benchmarks dragged in mid-trading session on Friday staging cautious tone ahead of US court ruling on the legality of Trump’s tariffs on India, and consitent foreign fund outflows. During…
Steel firms plan ₹4,000 crore IPO push amid safeguard duty boost
Steel and steel-linked companies are gearing up to mobilise around ₹4,000 crore through IPOs over the next 12-18 months, buoyed by the government’s decision to impose a three-year safeguard duty…
Latest tariff threats unlikely to stop India’s import of Russian crude oil in January
The latest threat from a proposed US law that intends to impose 500 per cent tariffs on countries purchasing is unlikely to majorly impact Indian shipments during the current month.…
IEX shares drag as CERC order on market coupling stays
Shares of the witnessed significant volatility on Friday following the Central Electricity Regulatory Commission’s (CERC) decision to stay its order on market coupling, a mechanism that would have unified electricity…