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Markets post strong gains for a second day, key indices gain 1.3% each

Strong macroeconomic data helps offsets omicron concerns

Tega Industries IPO subscribed 13.5x on day-2 on HNI, retail interest

Anand Rathi Wealth IPO subscribed 1.5 times on opening day

Market Wrap Podcast, December 2: All that happened in the markets today

Paytm, which has moved wildly since its listing, has received the first 'buy' rating from Dolat capital that expects the company to turn profitable by March 2026

Rupee slips 8 paise against dollar to 74.99 on Omicron variant worries

The rupee on Thursday slipped 8 paise to close at 74.99 (provisional) against the US dollar as investor concerns grew over the impact of the new coronavirus variant on the economy. At the interbank foreign exchange market, the local currency opened at 75.06

IPO-bound Metro Brands aims to utilise Rs 250 cr for store expansion

At present, the company has 586 stores in 134 cities spread across 29 states and union territories in India. Of these, 211 stores were opened in the last three years

You can now buy sovereign gold on RBI Retail Direct Portal also

Subscription of the Sovereign Gold Bond Scheme 2021-22 - Series VIII is currently open

Dish TV hits 5% upper circuit amid Bharti Airtel's stake purchase buzz

Dish TV India said that the Company is not aware of the transaction which has been reported in the media

Ride-hailing firm Ola plans IPO in first half of 2022, readies 'super app'

The firm has plans to raise up to $1 billion through an IPO

Oil price rises as investors focus on OPEC+ decision amid Omicron fears

Brent crude futures rose 85 cents, or 1.2%, to $69.72 by 0402 GMT, having eased 0.5% in the previous session

First 'Buy' report on Paytm sees firm turning profitable by 2026

Dolat Capital Market has set a target price of Rs 2,500, which is 16% higher than the company's issue price

Gold prices dip as US Fed's hawkish rhetoric dampens safe-haven appeal

Gold prices eased as investors gauged the US Federal Reserve's response to inflationary risks and economic recovery concerns over Omicron

This PSU stock has zoomed 111% thus far in 2021, up 31% in the last 6 days

Brickwork Ratings said it will continue to monitor the strategic disinvestment process of BEML and take appropriate rating action as and when necessary

Turning ex-bonus: Apollo Pipes zooms 17%; Indian Energy Exchange slips 2%

The stock of Apollo Pipes hit a record high of Rs 680.05 (adjusted to bonus share) and rallied 17 per cent in intra-day trades today.

PowerGrid hits record high, gains 4%; stock has rallied 18% in last 3 weeks

PowerGrid has a robust project pipeline worth Rs 27,500 crore and has capitalised around Rs 22,932 crore in the last four quarters, which provides earnings visibility for 2-3 years

Vodafone Idea surges 21% in two days, stock nears 52-week high

In the past two weeks, the stock has surged 34 per cent after the telecom service provider increased its prepaid tariff by 20-25 per cent from November 25, 2021

MARKETS: Sensex rises 300 pts, Nifty above 17,250; M&M, HDFC gain 2% each

Stock market LIVE: In the broader markets, the BSE MidCap and SmallCap indices added 0.29 per cent and 0.22 per cent, respectively

JMC Projects soars 17% on Rs 1,795-crore order win

With additional new orders, JMC's order inflows for the current financial year has crossed Rs 9,750 crore

MARKETS: Sensex rises 250 pts, Nifty above 17,200; auto, pharma stocks gain

Stock market LIVE: In the broader markets, the BSE MidCap and SmallCap indices added 0.29 per cent and 0.22 per cent, respectively

Stocks to Watch: NDTV, RIL, Raymond, Hero Moto, Nykaa, Federal Bank

Weekly futures & options expiry and news related to Omicron could sway the market movement

MARKET: Flat start likely for indices; Anand Rathi Wealth IPO to open today

Stock market LIVE: Anand Rathi Wealth, will launch its initial public offering on Thursday. The price band for the offer has been fixed at Rs 530-550 per share

Will classic defensive bets outperform the markets?

Market participants are reading into the developments surrounding the Omicron variant of Covid-19. Let's find out investing which sectors will prove to be beneficial for investors in this volatility

Gold trading at Rs 48,120 per 10 gm today, silver at Rs 61,700 a kg

The price of 10 gram of gold remained unchanged on Thursday while the rate of 1 kg of silver decreased by Rs 200

CEOs who can't sit still: Jack Dorsey's Twitter departure is a sign

Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech leaders who seem to have grown tired of managing their empires

After leaving Twitter, Jack Dorsey focuses on Square Inc, bitcoin

«If I weren't at Square or Twitter, I'd be working on bitcoin,» Jack Dorsey had said at a packed Miami conference in June

Wall Street turns red as Omicron reaches US; Dow Jones falls 460 points

All three indexes breach key technical levels; Salesforce falls on disappointing profit forecast

Benchmark indices roar back as risk appetite improves globally

Strong GDP growth, PMI manufacturing, GST collection data, and oversold market spur activity

HDFC Bank quickest to list among 100 global firms, shows data

E-commerce giant Amazon also is among the fastest as it went public in just three years.

Oil rallies as Opec meets, but supply concern looms

Brent crude futures for February were up $2.08, or 3%, at $71.31 a barrel at 1445 GMT.

Ahead of IPO, Anand Rathi Wealth raises Rs 194 cr from anchor investors

The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore

Prem Watsa-backed Fairfax sells 3.2% stake in IIFL Finance for Rs 365 crore

The scrip of IIFL Finance settled at Rs 316.25 on the BSE, up 2.36 per cent from the previous close

Online brokerage Upstox allows IPO applications via WhatsApp

Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.

Star Health IPO struggles to get subscribed, mops up only 20% by Day-2 end

Not even a single domestic institutional investor has applied for the IPO so far, data disclosed by stock exchanges shows

Bharat Bond ETF third tranche to hit markets on Dec 3 to raise Rs 5,000 cr

The third tranche of Bharat Bond ETF will be launched on December 3 to raise around Rs 5,000 crore to fund growth plans of Central Public Sector Enterprises, Edelweiss Asset Management said

Hospitality SaaS company Rategain aims to mop up Rs 1,300 cr via IPO

Hopes to regain pre-Covid level of $60 million ARR in FY22

Sebi cracks down on Telegram front-running scam

The regulator time and again has cautioning individuals from circulation of messages unsolicited stock tips and investment advice

Tega Industries IPO subscribed 4.7 times on Day-1 on retail interest

Price band Rs 443-453 per share. At the top-end, company is valued at about 22x it FY21 earnings and will have a market cap of Rs 3,000 cr

Indian investor paid $69.3 mn for an NFT so you can download it for free

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs

Market wrap: Sensex zooms 620 pts on firm economic data; Nifty holds 17,150

IndusInd Bank rebounds after an 8-day fall, gains 5% on BSE; Tega Industries' IPO gets 4 times subscription on first day

Banks to reach out to anchor investors for LIC IPO after Paytm delay

Bankers, government officials and LIC staff are working around the clock to complete the preparatory work for the IPO and ensure there's enough demand for the mega sale
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