Shares of HDFC Bank fell sharply on Wednesday after a report claimed that the bank had carried out an internal vigilance investigation into Rs 45 crore worth of interest payments…
Category: Market
State-run banks’ intermittent dollar sales cushion rupee, forward premiums fall
The Indian rupee dipped on Wednesday and appeared prone to steeper losses on elevated oil prices, with dollar sales from state-run banks capping some decline, a familiar pattern over recent…
LIC OFS: Govt likely preparing $1 billion stake sale next month, says report
India is likely to begin formal marketing next month for a planned share sale in that could raise as much as 100 billion rupees ($1 billion), according to people familiar…
India losing edge to Singapore, UAE? Will cutting LTCG and STCG taxes bring foreign investors back to Dalal Street
Foreign institutional investor (FII) flows into Indian equities have remained volatile over the last year as global investors continue comparing India’s valuations, policy environment and after-tax returns with competing emerging…
Defence stock Zen Tech jumps over 7%, defying cautious market sentiment after this business update; details here
Defence stock Zen Technologies jumped more than 7% in intraday trade on Wednesday, 27 May, defying cautious market sentiment, after the company announced the launch of its integrated smart border…
US-Iran war impact: Will rising inflation on oil shock drive earnings downgrade for India Inc in FY27?
The oil price spike, petrol and diesel hike and the recent WPI print have brought the spotlight back on inflation. And when inflation rises, it not only erodes the purchasing…
Stock market holiday: Are BSE and NSE closed for trading tomorrow on account of Bakri Id?
The Indian stock market has been witnessing a choppy session on Wednesday amid mixed global cues, with both the benchmark indices trading flat. Investors remain cautious amid uncertainty over the…
Park Medi World share: Choice sees over 20% upside despite 90% YTD return. Should you buy?
Brokerage firm Choice Broking, in its recent report, said that it expects around 20% upside in the healthcare stock , while maintaining a ‘buy’ rating with a revised target price…
Yaashvi Jewellers IPO: Issue subscribed 1.18x so far. Check GMP, issue details
The Yaashvi Jewellers opened for subscription on 25 May and will close on 27 May. The issue is priced at ₹83 per equity share, with a face value of ₹10…
Physis capital closes ₹400 crore fund, aims to increase portfolio to 15-20 companies
Venture capital firm Physis capital announced the close of their fund of ₹400 crore. This fund is sector-agnostic and focused on funding technology startups. The firm provides funding for pre-series…