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GLOBAL MARKET INDICES
Indo-MIM IPO closes with over 72x subscription on Day 3, QIB portion booked 204x; GMP at 39%Indo-MIM’s Rs 3,811.21 crore IPO received strong investor response on the final day of bidding. The shares are also trading at a grey marke...
US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
Indo-MIM IPO Day 3: GMP signals 39% listing gain, issue subscribed over 3x. What are brokerages saying?Indo-MIM IPO GMP: Indo-MIM's Rs 3,811 crore IPO is in its final bidding day with robust demand. The IPO has been subscribed 3.07 times by t...
Gold’s next rally could be taking shape: Why investors should focus on the bigger pictureFinancial markets have a habit of testing investors’ conviction. When an asset pauses after a strong rally, the immediate narrative often s...
Affordability concerns reshape global car buying as EV interest grows: McKinseyAffordability concerns and evolving preferences are reshaping global automotive markets. Consumers are delaying purchases and considering s...
Ships continue Red Sea transit despite attacks and Houthi blockade: ReportDozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and exe...
Why gold is showing signs of reversal after recent selling pressureGold prices are stabilising after recent declines, supported by escalating Middle East tensions, robust central bank buying and resilient A...
Nifty closes below key 23,800 level on Gulf war ripplesIndian equities experienced a decline on Friday, influenced by rising crude oil prices. The depreciation of the Indian rupee also contribut...
US business activity hits 8-month high but supply strains, costs riseUS business activity expanded at its fastest pace in eight months during July. Strong domestic demand for services offset cooling factory p...
Why is market falling today? Sensex slumps over 850 points: 7 key factors behind Rs 5 lakh crore routIndian stock markets experienced sharp losses for a fifth straight session on Friday. Sensex and Nifty indices saw significant drops, refle...
Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concernsAsian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation w...
Ahead of Market: 10 things that will decide stock market action on FridaySensex and Nifty declined for a fourth straight session as surging crude oil prices and escalating US-Iran tensions dampened investor senti...
Market wrap: Adani Enterprises, IndiGo, Bajaj Auto among top gainers and losers on Nifty and Sensex on ThursdayIndian benchmark indices extended losses for a fourth straight session as rising oil prices, driven by escalating US-Iran tensions, weighed...
India’s real estate sentiment shows signs of stabilising despite global headwindsIndia's real estate sector shows early stabilization signs after a sharp deterioration earlier this year. Global uncertainties continue to ...
Indo-MIM IPO: Issue booked 53% so far on Day 1 as NIIs drive demand; GMP at 38%Based on the current GMP, the company's shares are estimated to list at around Rs 670 per share, compared with the upper issue price of Rs ...
Midcap, smallcap rally has eroded margin of safety, rotate to largecaps: Axis Direct's Rajesh PalviyaAxis Direct suggests a selective shift towards large-cap stocks now. Mid and small caps show stretched valuations after their recent surge....
RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: BulletinThe Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopoliti...
Indo-MIM IPO opens tomorrow; GMP signals 37% listing premium. Check price band, dates and key detailsIndo-MIM’s Rs 3,811-crore IPO opens on July 23 with a strong grey market premium of about 37%. The precision engineering manufacturer plans...
Global Market: UK inflation drops to 2.6%; markets eye Bank of England's next rate decisionBritain's annual consumer price inflation eased to 2.6% in June from 2.8% in May, coming in below expectations as energy prices moderated. ...
Major respite for India on fertiliser front as urea prices finally fallGlobal urea prices declined last month, easing pressure on India's fertiliser subsidy bill. However, prices remain significantly higher tha...