The government on Monday imposed import curbs on silver jewellery studded with cheap diamonds till June 30 this year, according to a notification. “The import policy of items…is revised from…
Category: Market
MakeMyTrip evaluates India IPO
MakeMyTrip is evaluating a potential listing in India, the company said today. The potential listing could provide an additional avenue to access capital, including from domestic institutional and retail investors as well…
SEBI clears 3 IPOs that will mop up over ₹500 cr
Capital market regulator SEBI has cleared three initial public offerings of travel technology firm Travelstack Tech, Learnfluence Education and Tea Post to raise over ₹500 crore. Incidentally, the companies, including…
Gold-silver ratio expected to rise above 70 mark. Time to dump silver for gold?
Gold-silver ratio: The gold-silver ratio, a key metric tracked by bullion investors, is trending higher amid the geopolitical tensions, given investors’ inclination to park money in gold rather than silver…
Broker’s Call: KFIN Technologies (Buy)
Target: ₹1,050 CMP: ₹902.35 We have liked KFIN Technologies (KFIN) for its business growth potential based on its core Indian MF RTA operations, alongside likely traction in international business (buoyed…
Broker’s Call: Federal Bank (Buy)
Target: ₹290 CMP: ₹260.85 Federal Bank (FB) continues to prioritise NIM improvement, supported by growth in the chosen mid-yielding segments and realigning the liability mix with focus on CASA deposits,…
Gold, silver ETFs bear the brunt of West Asia war
Gold and silver exchange traded funds continued their downtrend amidst the raging war in West Asia , as the underlying precious metals prices were at the mercy of sellers. All…
SEBI to review MFD-IA framework to remove overlap in roles
SEBI will review the regulatory framework governing mutual fund distributors (MFDs) and address overlaps with investment advisers (IAs), and is also preparing a common advertisement code and a digital compliance…
Sagar Cements to sell 7.24% stake in Andhra Cements via offer for sale
Sagar Cements will sell up to about 66.76 lakh equity shares of face value of ₹10 each, equivalent to 7.24 per cent of the total issued equity share capital of…
Major US private credit firms cap redemptions: Should stock market investors be worried?
As global markets grapple with the war in the Middle East, which has driven crude oil prices sharply higher and raised inflation risks, reports of major private credit firms capping…