IPOs worth nearly $6.5 billion may benefit from SEBI relief, but that may not be enough
A sustained rally in the secondary market may enthuse companies waiting to IPO. However, investors scarred by past IPOs may need more assurance.
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Adani wins US court hearing in push to throw out SEC fraud suit
US judge grants Gautam Adani a hearing on his bid to dismiss SEC fraud case over alleged 250 million dollar India bribery scheme, Adani disputes jurisdiction and evidence
L&T shares reclaim ₹4,000 mark after 20 sessions with 8% surge on US-Iran ceasefire
Two weeks ago, L&T had given an update regarding its 100 operating sites in the Gulf region in all segments. As much as 95% of these sites were business as usual, while 5% of them were suspended or disrupted.
Antony Waste shares gain as Japan’s JFE invests ₹44 crore for 25% stake in two SPVs
Antony Waste unit Antony Lara to sell 25% stakes in two Andhra Pradesh waste to energy SPVs to Japans JFE for up to ¥750 million, Antony Waste shares rise more than 6%.
Ceasefire boosts markets; experts flag oil volatility and India opportunity
Matt Orton, Chief Market Strategist, Raymond James Investment, said markets are seeing a relief-driven rebound, with investors deploying cash selectively. Oil remains a key risk due to supply disruptions and uncertainty around shipping routes. Ed Yardeni, President, Yardeni Research, expects…
Rupee strengthens ahead of RBI policy as oil slump, ceasefire lift sentiment
Rupee strengthens to 92.64 per dollar before RBI decision, helped by lower oil prices, global equity rally and Iran ceasefire easing Hormuz disruption fears.
L&T, KEC International, Kalpataru Projects, KRBL and more — Stocks with West Asia exposure see relief
Barring L&T, which was the worst-performing largecap stocks in the past month, the other stocks that have exposure to West Asia such as KEC International, Kalpataru Projects, KRBL and VA Tech Wabag, have risen marginally to up to nearly 7%…
Angel One shares up 5% despite decline in month-on-month client acquisition in March
Retail turnover market share for Angel One declined by 108 basis points on an overall basis from last month, while F&O market share declined by 101 basis points. Both metrics grew by 26 basis points and 68 basis points year-on-year.
Bajaj Finance shares jump 7%, most in two months, reclaim levels of ₹900
The Bajaj Finance stock is also among the top gainers on the Nifty 50 index today and has moved back above ₹900 after nearly a month.
PSU Banks led by Union Bank rally up to 7% as bond yields cool off sharply
PSU Banks hold a large portfolio of government securities. Most of these are generally held under Hold-to-Maturity (HTM) format, while a significant chunk is also held under the Available For Sale (AFS) form.