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Prudent Corporate Advisory Services plans to float IPO in November

Retail wealth management firm Prudent Corporate Advisory Services is planning to launch its IPO in the second half of November that will see private equity firm TA Associates making partial exit.

Five IPOs to hit mkt in first half of Nov; seek to raise over Rs 27,000 cr

After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent and PolicyBazaar parent lining up IPOs in Nov to raise over Rs 27,000 crore collectively

Rise in copper import in recent times great concern for govt: V K Saraswat

India was a net exporter of copper for close to two decades before the closure of Sterlite Copper plant at Tuticorin, Tamil Nadu in May 2018.

Fuel prices hiked for 4th straight day; petrol crosses Rs 120 mark in MP

Prices differ from state to state, depending on the incidence of local taxes and cost of transportation.

Insurance companies apply big in Policy Bazaar's Rs 5,600 crore IPO

A total of 26.2 million shares have been allocated to over 150 funds at Rs 980 per share

Centre invites applications for Sebi chair post to succeed Ajay Tyagi

Chairman Ajay Tyagi's tenure ends on Feb 28

Gold price today at Rs 48,050 per 10 gm, silver selling at Rs 64,600 a kg

In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,000 and Rs 47,050

Wall Street shakes off Amazon, Apple weakness to end modestly higher

The Dow Jones Industrial Average rose 89.08 points, or 0.25%, to 35,819.56

Oil prices rebound, edge up ahead of next week's OPEC meeting

Brent and US crude oil benchmarks both declined on the week after reaching multi-year highs on Monday

Karnataka politicians, officials involved in Bitcoin scam: Siddaramaiah

Former Karnataka Chief Minister and Congress leader Siddaramaiah on Thursday alleged that politicians and officials were involved in a Bitcoin scam in the state and that the investigation agencies are trying to safeguard them.«My point is.. As per my in

Ahead of IPO, SJS Enterprises raises Rs 240 crore from anchor investors

The issue, with a price band of Rs 531-542 a share, will open on November 1 and conclude on November 3

IRCTC convenience fee controversy will impact PSU pack, say analysts

Firm's stock tanked 29% intraday on Friday after it said a day earlier that it was asked to share half its convenience fee with railways

Nykaa's Rs 5,352 cr IPO subscribed 5x; Fino Payments Bank garners 51%

Brokerages bullish on Nykaa given the firm's high growth potential

Indices fall for third straight day as FPI selling weighs on market

Concerns over India's lofty valuations and impact of spiralling commodity prices drive selloff

Market Wrap Podcast, Oct 29: Here's all that happened in the markets today

On a weekly basis, the Sensex and the Nifty have declined 2.4 per cent and 1.9 per cent, respectively

KFC, Pizza Hut operator Sapphire Foods' IPO to open on Nov 9

The initial public offering (IPO) will conclude on November 11

Dr Reddys Labs gains 7% as profit grows 30% YoY in Q2, margins expand

Dr Reddy's global generic business grew 19 per cent YoY to Rs 4,743 crore driven by covid portfolio, new product launches and base business volume traction across key markets.

Alcohol stocks in limelight, jump up to 10%; United Spirits at record high

Pioneer Distilleries, Tilaknagar Industries, IFB Agro Industries, Khoday India, GM Breweries, Som Distilleries and United Breweries were rallied by upto 10% on the BSE in intra-day today.

Canara Bank stock surges 10%, hits 21-month high in a subdued market

Ace investor Rakesh Radheshyam Jhunjhunwala held 29.10 million equity shares or 1.6 per cent stake in Canara Bank as on September 30, 2021.

CarTrade slips 7%, stock at new low on second straight quarterly loss

For H1FY22, CarTrade Tech posted net loss of Rs 81.47 crore against a net profit of Rs 63.57 crore during the same period of FY21

RBL Bank tanks 15% on disappointing Q2 nos, stock down 37% from 52-wk high

The management said the bank is confident of reverting to normalised levels of business, growth and profitability from the current (Q3) quarter itself

IRCTC cracks 15% as RailMin seeks 50% share of convenience fee

ICICI Securities in a note said that, this would straight away reduce revenues and earnings before interest and tax (EBIT) by 14 per cent and 36 per cent respectively

MARKETS: Indices to start on a flat note; Fino Payments Bk IPO opens today

Stock market LIVE: Nykaa IPO was subscribed 1.6X at the end of Day 1, with strong demand by retail investors. Separately, Fino Payments Bank IPO opens for subscription today

Stocks to Watch: IRCTC, Airtel, SBI Cards, DLF, Tata Power, Lupin, Escorts

IRCTC and Bharti Airtel could be in focus owing to negative news flow, apart from the stocks that are likely to react to corporate earnings

Any sell-off in Indian equities is a good time to buy: Chris Wood

Christopher Wood, global head of equity strategy at Jefferies reiterates his bullish view, remains structurally overweight on India, and would look to buy Indian stocks on every decline

Decoded: What are bull and bear markets, and what is their significance?

The terms 'bull market' and 'bear market' are often used to define the mood of equity markets. But how are the two stock market terms defined, and what is their significance? Here's an explainer

F&O Strategy: Nandish Shah recommends a Bear Spread strategy on Nifty

The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales

Here's why Osho Krishan recommends HDFC, L&T Technology Services

According to the technical analyst from Anand Rathi, both the stocks are placed weel on a risk-reward ratio from a short to medium-term prespective

Gold price today at Rs 48,050 per 10 gm, silver selling at Rs 65,000 a kg

In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,100 and Rs 47,050

Meme-teoric: 'Shiba inu' tokens gain 87,000,000% in a year

Bitcoin, the biggest cryptocurrency with a market cap of $1.2 trillion, was up a little over 4 per cent on Thursday, but below the record high it hit last week

Nasdaq hits record high with Apple, Amazon results on deck; Dow up 230 pts

The Dow Jones Industrial Average rose 236.94 points, or 0.67%, to 35,727.63

Markets Today: Key levels for Sensex, Nifty; Policybazaar IPO review

With Sensex and Nifty below near-term support levels, what's the road ahead for markets? Will this weakness shift focus to primary markets, where Nykaa and Policybazaar are ready with their IPOs?

Sebi disposes of proceedings against Suven Life Sciences, others

Markets regulator Sebi on Thursday disposed of proceedings against Suven Life Sciences Ltd, Jasti Family Trust and four other individuals, including the firm's chairman and CEO Venkateshwarlu Jasti

Sebi brings slew of protocols under tough new investment norms for MF staff

AMC board and Trustees to ensure compliance on a continuous basis, report violations and remedial action taken by them in the periodical reports submitted to board

SBI Balanced Advantage Fund AUM crosses Rs 20,000 cr-mark

The Balanced Advantage Fund (BAF) raised Rs 14,676 crore through its new fund offering (NFO) in August

Sebi's investor charter to be notified next month, won't be legally binding

Charter to act only as a guide; other regulators such as Irdai, PFRDA to come out with their charters only next year

Indices post biggest fall in 6 mths as Inflation, valuation trigger selloff

Sentiment was further dented with Morgan Stanley becoming the latest foreign brokerage to sound caution on the domestic market

Investors lose Rs 4.82 trn as Sensex falls 1,159 pts; many stocks suffer

Banking, FMCG and energy shares came under heavy selling pressure

Nykaa IPO subscribed 1.6x on Day 1 on strong retail investor support

Institutional category subscribed 1.4x, retail quota 3.5x while HNI portion was subscribed 60%; issue closes Monday
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