This may be the worst quarter for earnings: Manishi Raychaudhuri
Most large investors are waiting to see a turnaround in corporate earnings before allocating money on Indian stocks.
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Mitsubishi Securities launches its new subsidiary in India
This strategic expansion marks a significant milestone in MUFG’s commitment to India and its broader Asia Pacific growth strategy, and significantly enhances MUFG’s ability to offer end-to-end financing solutions in India by complementing its well-established leading position in offshore capital…
Paras Defence gains over 6% on bagging order worth ₹26.6 crore from Opto Electronics Factory
The order pertains to the supply of Electronic Control Systems used in the Thermal Imaging Fire Control System (TIFCS) for battle-tank applications delivered by Opto Electronics Factory to the Indian Armed Forces, the company informed the stock exchanges.
Garden Reach Shipbuilders, other defence stocks surge up to 9%, end week on a high
In a separate exchange filing earlier this week, Mazagon Dock Shipbuilders stated that the company has finally begun negotiations with regards to the P-75I submarine orders, which analysts have cited to be a key trigger for the stock.
Urban Company IPO Day 3: Issue gets subscribed 23x so far; GMP surges to 44%
Urban Company’s IPO received bids for 243.39 crore shares as against 10.67 crore shares on offer, according to data available as of 12:30 pm.
These stocks are trading above or close to key levels on the charts
Over 1 crore shares of JBM Auto have already changed hands compared to the 20-Day average of 1.2 lakh. The stock is now near its 200-DMA of ₹677.
SEBI Board Meeting Live Updates: All eyes on potential F&O, IPO changes from regulator
SEBI Board Meeting Live Updates: Market regulator Securities and Exchange Board of India (SEBI) will be holding its board meeting on Friday, September 12, where a slew of changes with regards to the market are expected. There is a lot…
Schloss Bangalore share price: Ambit plays on buoyant luxury hospitality, sees 31% upside
Ambit has initiated coverage on Schloss Bangalore (Leela), calling it a strong play on India’s buoyant luxury hospitality market. Backed by Brookfield, the brand stands out for its best-in-city properties, premium clientele, and robust margins, with a lean balance sheet…
Gold near all-time highs in India: How global factors are driving the rally
In the domestic market, gold stood at ₹1.11 lakh for 10 grams of 24-karat gold, ₹1.02 lakh for 10 grams of 22-karat gold, and ₹83,460 for 10 grams of 18-karat gold, according to Goodreturns data.
Rupee falls 7 paise to 88.42 against US dollar in early trade
Forex traders said the domestic unit is hovering around its all-time low level amid a recovery in the US dollar index and persistent foreign fund outflows.