Senco Gold IPO Day 2: Issue fully subscribed on second day of sale; retail portion booked nearly 2 times so far
Senco Gold IPO was subscribed 1.25 times in total so far as the issue received bids for 1.12 crore shares as compared to 94.18 lakh shares on the offe...

Samvardhana Motherson shares hit 52-week high, soars over 8%; here's why
Samvardhana Motherson's share price reached a new 52-week high after the company signed a collaboration agreement with Honda Motor to create a partner...

Tridhya Tech IPO: GMP, subscription status on Day 4 and other issue details you need to know
Ahmedabad-based company Tridhya Tech's SME public subscription will end on July 5th. The company aims to raise ₹26.41 crore through the IPO.

Senco Gold IPO Analysis: As pubic issue sails through, here are some interesting facts about the company
Senco Gold sells its products under the “Senco Gold & Diamonds” tradename, through multiple channels, including their 70 company operated showroom...

Metal sector Q1FY24 preview: Margins likely to fall on price weakness, says Kotak Equities; Jindal Steel top buy
Domestic brokerage Kotak Institutional Equities predicts that ferrous producers will offer a stronger risk-reward ratio in Q1FY24 compared to non-ferr...

RBI approves Tata AMC's move to raise stake in DCB Bank to 7.5%; check details
Tata AMC is advised by the RBI to ensure that its aggregate shareholding in DCB Bank shall not exceed 7.5 per cent of the paid-up capital of the bank ...

India’s share in global market cap highest in June so far this year
Foreign portfolio investors (FPIs) have become net buyers of Indian equities since March. In June, they bought stocks worth $6,717 million, the highes...

Banks’ margin party is drawing to a close
Reserve Bank of India’s June Financial Stability Report released last week highlights that the profitability of scheduled commercial banks (SCBs) cont...

Brokerage sees 14% upside on Havells India, recommends 'buy’ on margin outlook; do you own?
The brokerage house sees a potential upside of 14 per cent on Havells India with a 12 M target price of ₹1,453 due to the company's constant focus on ...

Penny Stocks: These companies are likely to be in focus tomorrow
Benchmark indices close flat after a volatile day. Weak global cues, moderate Service PMI data, and uncertainty around FOMC minutes weigh on investor ...

Bulk deal: Bizotic Commercial, HPL Electric, Time Technoplast, others exchange hands. Check details
Bizotic Commercial, Time Technoplast Ltd, HPL Electric & Power Ltd and others exchanged hands.

FOMC voted unanimously to pause rate hikes in June: Fed minutes
Some participants wanted a rate hike in June, but in the end almost all participants judged it appropriate or acceptable to maintain the federal funds...

Global markets update: US stocks slide on weak economic data
S&P 500 falls 0.20%, Nasdaq Composite loses 0.18%, Dow Jones Industrial Average sheds 0.38%

Has Indian stock market topped out after hitting life-time high — explained
Stock market today: Speculation arises if market has topped out, but experts believe rally will continue, led by FMCG and Capital Goods sectors

Markets evenly poised; expect high teens earnings growth; focus on domestic-oriented sectors, says Anand Rathi
Anand Rathi, Chairman of Anand Rathi Group, sees opportunities in domestic-oriented sectors like manufacturing, infrastructure, auto, and financial se...

Magson Retail And Distribution lists with 40% premium at₹91.15 per share on NSE SME
The initial public offering (IPO) of Ahmedabad-headquartered Magson Retail And Distribution was subscribed 6.74 times during June 23 to 27.

Gold remains range-bound on easing dollar index, analysts cautious on near-term prospects; check rates
Gold prices rose in futures trade due to strong spot demand, with investors opening new positions. However, gold remained range-bound as investors awa...

FPIs become net buyers in June quarter as inflows surge to 10-month high; Nifty crosses 19,500-mark
So far, FPIs were net buyers in each of the three months of fiscal 2024, adding equities worth over ₹1 lakh crore.

AccelerateBS India IPO: Subscription status on day 1, and other key details
Digital technology services firm AccelerateBS India's IPO is open for public subscription until July 11. The company plans to sell shares for ₹90 each...

End of tax benefits worries French FPIs
They fear tax treaty tweaks to end capital gains exemptions.DTAAs are bilateral treaties between 2 nations to prevent businesses from getting double-t...