’s received strong investor demand on the final day of bidding, with the issue subscribed 42.23 times as of 3.06 pm on Tuesday, driven largely by robust participation from non-institutional…
Category: Market
Rupee gains as oil retreat soothes, inflow expectations erode weakening bias
The rupee closed stronger on Tuesday on a fall in oil prices, with expectations that regulatory measures will help India narrow its balance of payments deficit chipping away at the…
India’s gold tariff hike fuels smuggling revival, squeezes banks and refiners
India’s sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 metric tonne this year, as soaring grey market margins allow smugglers to undercut…
Gold prices remain range-bound as crude oil fall offsets interest rate worries
Gold futures edged up to nearly Rs 1.55 lakh per 10 grams in a range-bound trade on Tuesday as a decline in crude oil prices provided relief to the bullion…
Top defence stocks to buy now: HAL, Zen Technologies, Bharat Electronics, Apollo Micro in Choice Broking’s list
Stocks to buy: India’s defence and aerospace sector continues to attract investor attention as the government pushes ahead with military modernisation, indigenous manufacturing and export expansion. Against this backdrop, domestic…
JNK India shares surge over 17% to 15-month high after securing international order
Shares of jumped over 17.2% in Tuesday’s trade on June 9, reaching a 15-month high of ₹489.40 apiece, after the company announced a large order win. After market hours on…
Adani Energy Solutions to acquire IntelliSmart for ₹3,050 crore
Adani Energy Solutions on Tuesday announced the acquisition of a 100% equity stake in IntelliSmart Infrastructure Private Limited, a smart metering joint venture between National Investment and Infrastructure Fund (NIIF)…
Stocks to buy: Arvind, Nitin Spinners, Sanathan Textiles – Emkay bullish on three textile stocks
Indian textile and apparel manufacturers have demonstrated resilience amid multiple global disruptions, including the COVID-19 pandemic, the Russia-Ukraine conflict, and elevated US tariff barriers. Analysts believe the ongoing US-Iran conflict…
Genxai Analytics IPO Day 3: GMP signals 5% listing gains; check subscription status and other details
Genxai Analytics IPO: The (IPO) of Genxai Analytics, which is slated to close for bidding today, 9 June, has garnered a strong response from investors so far. The offer opened…
UHM Vacation IPO allotment finalised: Latest GMP, steps-by-step guide to check allotment status online for SME IPO
UHM Vacation IPO Allotment: The initial public offering (IPO) of UHM Vacation saw robust investor participation, and attention has now turned to the IPO allotment date, which is expected to…