Tata Capital finalises 10 i-banks for over ₹15,000 crore mega IPO, may opt for confidential filing

The IPO, expected to be a combination of primary and secondary issue of shares, may see parent Tata Sons and investor IFC paring stake.

The IPO, expected to be a combination of primary and secondary issue of shares, may see parent Tata Sons and investor IFC paring stake.

The SIP stoppage ratio refers to the percentage of systematic investment plans (SIPs) that are discontinued or completed in a given month compared to new SIPs registered.

The Sensex closed 557 points higher at 76,906, while the Nifty gained 160 points to end at 23,350.

The Nifty 50 is up over 1,400 points since the index made a low of 21,964 on March 4 this year. 46 out of the 50 index constituents have delivered positive returns during this period with gains led by Sun…

Aavas Financiers has surpassed ₹20,000 crore in Assets Under Management (AUM), driven by strong growth in affordable housing loans across Tier 2 to Tier 5 cities, the company announced in a filing.

On the charts, Bharat Dynamics is nearly into overbought territories as its Relative Strength Index (RSI) is at 69. An RSI reading above 70 indicates that the stock is overbought.

The potential for an earnings recovery hinges on the effectiveness of government and Reserve Bank of India (RBI) measures, particularly if these initiatives yield positive results in the first half of the upcoming fiscal yea

Praveen Sahay, Vice President of Institutional Research at PL Capital Group said that the wires and cables market is projected to grow at an annual rate of 12.4%, presenting significant opportunities.

Fook Hien Yap, Senior Investment Strategist at Standard Chartered Bank explained that potential US tariffs are the source of significant market instability, resulting in investors feeling paralyzed and unable to act.

The Adani Group company announced that the project is crucial for supplying green electrons to facilitate the production of Green Hydrogen and Green Ammonia in Mundra, Gujarat. It is expected to be completed within 36 months.