Source
Category: Market
Nasdaq plans round-the-clock stock trading, targets global investors
Nasdaq, one of the world’s largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit paperwork with the U.S. Securities and Exchange Commission on…
SEBI plans phased roll-out of SWP, STP facility for demat MF units
The (SEBI) is planning a phased roll-out of the Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) facilities for mutual fund units held in demat form, allowing only unit-based…
Broker’s call: Siemens (Buy)
Target: ₹3,690 CMP: ₹3,153.55 We attended Siemens India’s (SIL) analyst day, where management highlighted a possible pick-up in the private sector capex as private consumption increases on the back of…
Sensex, Nifty slip marginally as India–US trade talks, FII outflows weigh
recovered from intraday lows but ended marginally in the red on Monday, as sectoral performance remained mixed amid persistent global and domestic cues. Market’s rebound from key support levels indicated…
Broker’s call: Hindustan Zinc (Buy)
Target: ₹660 CMP: ₹568.05 We initiate on Hindustan Zinc with Buy rating and ₹660 price target including 4 per cent dividend yield. Hindustan Zinc (HZ) is world’s largest integrated zinc…
Infomerics Ratings aims to double market share in 3-4 years
solutions provider Infomerics Ratings is preparing for its next phase of expansion with India’s market entering a period of structural deepening. It currently has a market share of around 6.5–7…
NCDEX gets SEBI nod to launch mutual fund distribution platform
NCDEX, a leading agri-based commodity derivatives exchange, has received an in-principle approval from SEBI to launch a Mutual Fund transaction platform. National Commodity Clearing, a wholly-owned subsidiary of NCDEX, will…
ICICI Prudential AMC IPO oversubscribed, led by strong QIB, NII demand
The initial public offering (IPO) of was subscribed 2.11 times on the second day of bidding, driven by strong interest from institutional and non-institutional investors, while retail participation remained muted.…
Market capitalisation of 5 of top-10 most valued firms surges ₹72,285 crore; TCS, Infosys biggest gainers
The past week saw significant shifts in the valuations of India’s top-ranked companies, with five of the ten most valuable firms collectively adding ₹72,284.74 crore in market capitalisation. Among these…
