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Business
Sensex tumbles 350 points, Nifty below 23,150 as Iran shuts Strait of Hormuz after US strikes. What lies ahead?
Indian stock markets experienced a downturn on Thursday, with Sensex and Nifty both declining by 0.6%. Renewed Middle East tensions and the closure of the Strait of Hormuz led to a spike in oil prices, unsettling invest...
Lenskart shares in focus as ADIA set to sell stake in Rs 1,944 crore block deal
Shares of Lenskart Solutions are set to be in focus as Abu Dhabi Investment Authority plans a block deal to sell up to 2.3% stake worth Rs 1,944 crore, shortly after SoftBank’s partial exit, signalling continued stake d...
Vahh Chemicals IPO listing today. Here's what GMP suggests ahead of debut
Vahh Chemicals Listing: The ₹13.45-crore IPO was a completely fresh issue of 22.42 lakh shares and attracted strong investor interest, with the offer subscribed 11.08 times overall, led by robust participation from reta...
UHM Vacation shares to list today. Check GMP ahead of debut
UHM Vacation Listing: The company raised ₹36.02 crore through its IPO, comprising a fresh issue of ₹29.04 crore and an offer-for-sale worth ₹6.97 crore. The public issue was open for subscription from June 4 to June 8.
Susan Electricals IPO opens for subscription today. Check GMP, price band and other details
Susan Electricals IPO: The ₹70.38-crore IPO of Susan Electricals India opens for subscription on June 11 and closes on June 15. The issue comprises a fresh issue of 47.42 lakh shares worth ₹60.22 crore and an OFS of 8 l...
SpaceX IPO a bid too far? Some opt for a proxy play with Inox India
Inox India shares surged following reports of a massively oversubscribed SpaceX IPO, drawing investor attention to the Indian company as a potential equipment supplier. The stock's rally is supported by strong operation...
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA marg...
Gift Nifty signals a negative start; here's the trading setup for the day
Nifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stabilizing, with hopes for a resolution to the Israel-Iran conflict improving confi...
US stocks: US market indexes fall over 1%, dragged by tech and Iran war worries
Major US stock markets experienced a significant drop on Wednesday. Chipmaker stocks continued their decline, while new tensions between the US and Iran added to investor worries. The S&P 500, Nasdaq Composite, and Dow...
US Stocks: US markets dips as tech declines, Middle East tensions mount
U.S. stock indexes opened lower on Wednesday, continuing a selloff in technology stocks. Renewed U.S.-Iran tensions also weighed on the market, overshadowing a tame May inflation reading. The Dow, S&P 500, and Nasdaq al...
Global markets: Australian shares rebound as banks and consumer stocks rally
Australian shares rebounded on Wednesday, driven by gains in banks and consumer stocks, as softer economic data eased rate hike expectations. The S&P/ASX 200 index rose 0.6%, with markets now pricing in earlier rate cut...
Global markets: Japan's Nikkei slides as Gulf tensions prompt shift out of high-flying tech stocks
Japan's Nikkei share average fell 1.89% on Wednesday, with technology and AI-related stocks leading the decline. Renewed Middle East tensions and rising domestic interest rates prompted investors to shift focus to relat...
Why is market rising? Sensex jumps 1,000 points in 2 days, Nifty crosses 23,400. 3 key factors behind the surge
Indian stock markets surged for a second consecutive session, with Sensex and Nifty crossing significant milestones. This resilience occurred despite escalating Iran-US tensions, as cooling oil prices and a fizzling AI...
How Sensex, Nifty rallied 200% under PM Modi's record-breaking tenure
Indian equity markets delivered strong long-term returns during Prime Minister Narendra Modi’s tenure, with the Sensex and Nifty gaining around 200% since 2014. Metals emerged as the top-performing sector, while midcaps...
SpaceX IPO: Listing date, valuation among 10 things to know about the biggest stock market debut ever
Elon Musk’s SpaceX is poised for a historic IPO, aiming to raise $75 billion at a $1.75 trillion valuation. Investor demand is strong, with shares set to list on Nasdaq on June 12. The offering prioritizes retail invest...
FACT, Chambal Fertilisers shares up 4-5% as government eyes doubling fertiliser subsidy allocation
Fertiliser stocks rallied after reports of a proposed doubling of subsidy allocation to Rs 1.71 lakh crore for FY27. Rising global prices and supply disruptions linked to West Asia tensions are driving concerns. FACT an...
Wipro's Rs 15,000 crore buyback opens tomorrow: 10 key things to know before tendering shares
Wipro's substantial Rs 15,000 crore share buyback commences tomorrow, June 11, closing on June 17. Investors can tender shares at Rs 250 each, offering a significant premium. Small shareholders receive preferential trea...
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?
Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, some analysts believe the sector is poised for recovery, arguing Gen-AI presents...