Stock Market News Updates

For the fortnight ended 15-January, bank credit grew 6.36% and deposits grew by 11.41%. Clearly, the C/D ratio continues to remain unfavourable. If you consider the first 9 months ending...

SEBI has moved quickly to form a group of experts to study the feasibility of Special Purpose Acquisition Companies or SPAC-like structures in India. These have suddenly taken off in...

The Easy Trip IPO was subscribed 159.33 times on the last day of bidding on 10 March. While retail was subscribed 77.4X, the HNI portion was subscribed 382.21X and the...

According to an India Outlook Report by CRISIL, capital outlay in industrial sectors could rise 45-55% in FY22, largely driven by the Productivity Linked Incentive or PLI scheme. The report...

Easy Trip IPO, which is entirely an offer for sale, got 2.3 times subscribed at the end of Day-1. The issue opened on 08 March and closes on 10 March....

Global PE firm, Warburg Pincus will invest a sum of Rs.800 crore in Adani Ports Special Economic Zone Ltd via its affiliate, Windy Lakeside Investment. This investment will be in...

IPO mania appears to continue in India as the Rs.597-crore IPO of MTAR Technologies was subscribed 10.27 times at the end of the second day, with huge retail subscriptions. MTAR...

India’s home grown COVID vaccine, COVAXIN, of Bharat Biotech showed interim vaccine efficacy of 81% in late-stage clinical trials. This is better than the guidance of 60% given by the...

MTAR Technologies raised Rs.180 crores from 15 anchor ahead of its IPO opening on 03 March. MTAR is a Hyderabad based precision technology solutions company catering to high-end defence and...

GST collections for February continue to be robust Rs.119,875 crore, the fifth straight month of clocking over Rs.1 trillion in GST revenues. The GST collections were up 7% over Feb-20,...

During the week ended 26 February, 9 out of top 10 most valuable companies on the NSE lost Rs.219,920 crore. On Friday itself, the Sensex and Nifty corrected 3.8%. Reliance...

The IPO of Heranba Industries got a good response at the close of the last day of the IPO. Heranba Industries IPO was subscribed 83.29 times with the final numbers...

On 24 February, NSE suspended trading in cash and derivative segments for several hours, jeopardizing positions of lakhs of market participants. The exchange cited issues with its telecom service providers...

Gold has now corrected around 16% since Aug-20 when it had peaked at Rs.55,922 per 10 grams. With the success of the vaccine and signs of growth reviving, gold has...

Even as DHFL was getting close to being sold to Piramal Enterprises, there is a new angle as the transaction auditor, Grant Thornton, has reported further fraudulence worth Rs6,182 crore...