Precious metals traded higher on Thursday, 16 April, as optimism grew that the US and Iran could engage in a second round of negotiations that could end the month-long conflict…
Category: Market
Nifty 50 outperforms peers amid West Asia shock, remains over-valued
The ongoing geopolitical tensions in West Asia have triggered volatility across global financial markets, forcing investors to reassess risk and reallocate capital. A businessline analysis of benchmark equity indices across…
SEBI strengthens fraud fight with new agreements on data sharing
The Securities and Exchange Board of India (Sebi) has stepped up its fight against financial fraud by forging closer ties with key government agencies, signing two separate memoranda of understanding…
Fintech IPO plans hit pause as weak rupee, retail pullback weigh on timing
Public listing plans of new-age fintech companies are being deferred as a weakening rupee, volatile macroeconomic conditions and a sharp drop in retail investor participation dampen sentiment in India’s primary…
Bajaj Life Insurance launches low volatility index fund for ULIP holders
Bajaj Life Insurance on Thursday launched the Nifty 500 Low Volatility 50 Index Fund under its ULIP. The fund’s USP lies in its rules-based, passive strategy that selects 50 relatively…
IPO size cuts by selective issuers may offer a middle path
For companies caught between weak market sentiments and funding needs, the option to sharply cut IPO size, in some cases by as much as half, could offer a middle path,…
Wall Street retreats as crude surges amid hopes of Middle East ceasefire extension, PepsiCo rises 2%, Abbott falls 4%
US equity indices retreated on Thursday, as crude oil prices surged amid hopes for a potential ceasefire extension between the US and Iran. At 10:06 a.m. ET, the Dow Jones…
US stock market today: S&P 500, Nasdaq futures steady after record-setting rally; Allbirds down 30%
US stock futures traded with modest gains on Thursday, 16 April, after two of the three major indices hit record highs in the previous session, as investors piled into equities…
JM Financial PE leads ₹150 cr investment in contract manufacturing platform NG Electro Products
JM Financial Private Equity (JMFPE) on Thursday said it has led a ₹150 crore investment in NG Electro Products Pvt Ltd, a contract manufacturing platform serving consumer brands across home…