India’s forex reserves jumped USD 4.885 billion to an all-time high of USD 728.494 billion during the week ended February 27, the Reserve Bank said on Friday. In the previous…
Category: Market
Gold ETF inflows plunge 77% in February as price fall shakes investor sentiment
The inflows into gold exchange-traded funds plunged 77 per cent last month to $565 million, compared with a record high of $2.5 billion logged in January, as the sudden sharp…
RBI to buy ₹1 lakh crore in bonds to support financial markets
India’s central bank said on Friday it would conduct open-market purchase auctions of government securities worth ₹1 lakh crore ($10.88 billion) in two tranches next week, as it steps up…
Crude oil rallies on intensifying US‑Iran conflict, set for largest weekly gain since 2022
Global crude oil prices are on track to register the biggest weekly surge in four years as the war in the Middle East has unleashed a wave of disruption across…
Sedemac Mechatronics IPO subscribed 2.68 times
The initial public offering (IPO) of Sedemac Mechatronics Ltd, a powertrain controls and auto parts manufacturer, received 2.68 times subscription on the last day of bidding on Friday. The ₹1,087-crore…
Sedemac Mechatronics IPO subscribed 2.7x on final day; GMP falls sharply. Check details
The (IPO) of Sedemac Mechatronics Ltd, a Pune-based manufacturer of powertrain controls and auto parts, managed to get fully subscribed on Friday, March 6 — the last and final day…
From labs to listings: IIT start-ups ride the IPO wave
Nothing demonstrates the proverb “Nothing succeeds like success” more vividly than the accomplishments of educational institutions. This is particularly evident in premier institutes such as the Indian Institutes of Technology.…
Sensex, Nifty log worst weekly fall in over a year as war worries bog down markets
Benchmark indices recorded their steepest weekly decline in more than a year, with the tumbling 2.9 per cent and the shedding 2,370 points over the week, as an escalating US–Iran…
Broker’s Call: LT Foods (Buy)
Target: ₹518 CMP: ₹393.00 LT Foods (LTF) is a global consumer specialty company with an explicit focus on basmati rice, organic foods and ready-to-eat/cook (RTE/RTC) products. It has a presence…
Israel–Iran war impact on India likely limited, says Canara Robeco
Canara Robeco Mutual Fund believes the impact of the US-led war between Israel and Iran will be limited, as an amicable solution will be reached sooner rather than later. Canara…