Stock Market News
1.46K subscribers
54.5K photos
69.1K links
Hello Friends,

Here you will get latest and updated Indian Stock Market News.

Keep watching and keep updated.
Download Telegram
Between October 26 and October 29, five companies will debut their initial public offerings, aiming to raise an impressive Rs 2,600 crore from the primary market. These firms—EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers, and Bombay Coated and Special Steels—will utilize the capital for business expansion, working capital augmentation, and settling debts. More companies are gearing up for IPO launches set for November 5.
A recent study by the RBI indicates that banks are more responsive to interest rate hikes than to cuts. Specifically, banks relayed 76.4% of repo rate increases, while only 64% of reductions were passed on. Amid periods of tightening, lending rates surged significantly, in contrast to the minimal decreases observed during easing. This research highlights the intricate dynamics of interest rate adjustments, particularly affecting sectors like MSMEs.
As October unfolds, India's vibrant festival season translates into various state-specific bank holidays. On October 26, banking services will pause in Tripura, Chandigarh, Jammu and Kashmir, and Himachal Pradesh. Important dates approaching include Karva Chauth on October 29 and Sardar Vallabhbhai Patel's birth anniversary on October 31. Although digital transactions persist, customers are encouraged to verify local holiday observances to sidestep any unexpected closures at physical branches.