Domestic stock market benchmarks, the Sensex and the Nifty 50, ended sharply lower on Friday, 29 May, witnessing a sudden dip in the fag end of the session. The benchmark…
Category: Market
Buyback boom: India Inc announces ₹25,000 crore worth of offers, highest in 3 years
India Inc’s buyback frenzy has hit a three-year high already. Twenty-two companies have announced buybacks in 2026 so far, with as many as 10 companies unveiling such offers in the…
Vijay Kedia makes a strong case for simpler market taxation, believes it is time to end STT
After urging the Indian government and Finance Minister Nirmala Sitharaman to abolish long-term capital gains (LTCG) tax and dividend tax, veteran investor Vijay Kedia believes another reform could further accelerate…
Bio Medica Laboratories IPO listing: Shares debut at 20% discount on NSE SME, extend decline to hit 5% lower price band
Bio Medica Laboratories IPO listing: The shares of Bio Medica Laboratories witnessed a tepid listing action on Dalal Street on Friday, 29 May, as they debuted at a 20% discount…
Broker’s Call: Finolex Industries (Buy)
Anand Rathi Research Target: ₹240 CMP: ₹ delivered a mixed performance in Q4FY26. Its revenue missed our estimate by 8.9 per cent on lower pipe volume of -0.5 per cent…
SpaceX IPO hype spurs crypto shadow market for pre-listing bets
As SpaceX edges closer to what could be the largest initial public offering in history, a corner of the crypto market is already pricing the debut — and recent history…
Asian Paints posts strong Q4 rebound, declares ₹27.50 total dividend for FY26
reported a sharp recovery in its fourth-quarter performance for FY2025-26, with consolidated net sales rising 10.8 per cent year-on-year to ₹9,228 crore and standalone net profit surging 67.1 per cent…
Rupee soars to best day in nearly two months as central bank steps in, oil drops
The jumped sharply on Friday to log its best single-day gain in nearly two months as likely intervention by the central bank converged with a drop in oil prices, which…
140% return in one year! Multibagger stock hits 5% upper circuit after 1:10 stock split, 10:1 bonus shares move
Multibagger stock share price hits 5% upper circuit of ₹15.21 on BSE on Friday, 29 May after the company announced that its board of directors will meet on June 4,…
Crude oil prices slide 19% in May, posts worst monthly fall since 2020; Will US-Iran peace deal deepen losses?
Crude oil prices declined on Friday, 29 May, after the US and Iran tentatively agreed to extend the ceasefire by 60 days, raising hopes of smoother oil flows through the…