Oil holds three-day gain with focus on Russian supply risks
West Texas Intermediate rose toward $65 a barrel after gaining 3.4% in the previous three sessions, while Brent closed above $68.
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Urban Company IPO Listing Live Updates: Grey market signals strong listing
Urban Company IPO Listing Live Updates: The IPO has garnered major investor attention, as seen from heightened activity in the unlisted market. The grey market premium (GMP) for the stock surged from ₹10 at the time of the issue launch…
Chinese biotech company with ‘zero’ revenue surges 4,500% since stock market debut
Such moves have increased concerns about investors piling into the Chinese biotech push and also highlights concerns with regards to valuations in a sector that still faces drug development risk.
US markets take a pause after a record rally ahead of Fed rate decision
Market participants refrained from taking outsized bets a day before the US Federal Reserve announces its policy decision, which is most likely to show its first rate cut of 2025.
Silver may hit $50 per ounce over the long term, gold to consolidate before next rally: Metals Focus
Silver’s rally has raced ahead of forecasts, with prices nearing all-time highs, while gold may consolidate before another leg higher. Harshal Barot of Metals Focus told CNBC-TV18 that silver could test $50, backed by strong industrial demand and supply deficits,…
Stocks to Watch: Mahindra Lifespace, Jindal Steel, BHEL, Gujarat Fluorochemicals & more
Markets will track Mahindra Lifespace on its ₹1,700 crore Chembur redevelopment deal, P&G Health after a CFO change, and Jindal Steel for its bid on Thyssenkrupp Steel Europe. Amber Enterprises eyes ₹2,500 crore via QIP, while Gujarat Fluorochemicals promoters plan…
Seven Indian AMCs hold nearly $1 bn stake in Alphabet; PPFAS leads exposure
According to Bloomberg data, seven Indian fund houses collectively hold 3.7 million shares of Alphabet, valued at $934 million as of Monday’s close. PPFAS Asset Management accounts for more than half of this exposure, while SBI Funds Management holds another…
Angel One, LivWell form JV to enter India’s life insurance market
Angel One Limited has incorporated Angel One LivWell Life Insurance Limited in partnership with Singapore’s LivWell Holding, marking its entry into India’s life insurance sector.
Trade Setup for September 17: Nifty breaks out with July highs in sight; Watch for Nifty Bank
Both the Nifty and Nifty Bank broke past key resistance levels. The Nifty surpassed its August 21 swing high of 25,154, while the Nifty Bank closed above the 55,000 mark for the first time since August 25.
Amber Enterprises sets floor price at ₹7,790.88 per share for ₹2,500 crore QIP
The company said it may offer up to a 5% discount to the floor price and will determine the final issue price in consultation with book-running lead managers.