Mumbai-based stock broker Anand Rathi is set to launch its IPO for subscription next week on September 23. The issue will close on September 25, while the one-day anchor book will open on September 22.
Sensex Today | Stock Market LIVE Updates: Nifty crossed an important level of 25,300 in the previous session and has now set its sights on 25,500 on the upside. Street will also be watching out for IT stocks reacting post…
Brokerage firm Motilal Oswal said that while depositories operate in a duopoly market and NSDL enjoys superior pricing power, the stock appears fairly valued with most positives already factored in.
It must be noted that the end of the shareholder lock-in period does not mean that all the shares will be sold in the open market, rather, they just become eligible to be traded.
UltraTech Cement became the latest addition to CLSA’s high conviction outperform list, which includes names like Avenue Supermarts, Dixon Technologies, ONGC and NHPC.
Nasdaq, which has been an outperformer, hitting new highs nearly every day this week, saw profit booking in high-flying tech names such as Oracle Financial, Nvidia, Palantir and Broadcom, who dragged the index lower.
The Federal Reserve’s latest FOMC statement outlines a quarter-point rate cut amid rising concerns over the labour market and persistent inflation. Chair Jerome Powell emphasised employment risks while signaling two more cuts in 2025. The decision reflects shifting priorities and…
Dixon Technologies to acquire 51% stake in Kunshan Q Tech Microelectronics India, boosting mobile and IoT manufacturing capabilities.
Following the rate cut, US stock markets showed mixed reactions. The Dow Jones Industrial Average rose nearly 0.5%, while the S&P 500 dipped 0.2%, and the Nasdaq Composite fell over 0.4%.
Rajendra Lodha, ex-director of Lodha Developers, was arrested in Mumbai for alleged fraud. Lodha Developers confirms his resignation and ongoing investigation.