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LIC said to lead bidding in NSEs Rs 22,800 crore India IPO
LIC emerged as the largest bidder in NSEs 22,800 crore IPO with 4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. Despite cautious retail participation (1.3x), strong institutional demand (12.7x) drove overall subscription to 5.7x ahead of its September 24 listing on BSE.
Finance ministry asks home ministry to secure critical banking infra ahead of three-day strike
The department of financial services has requested police protection for key banking hubs to prevent disruptions as unions press for a five-day work week.
Sebi sees potential for Rs 2 lakh crore IPO fundraising as fresh capital gains prominence
SEBI Chairman Tuhin Kanta Pandey said India could raise up to Rs 2 lakh crore through IPOs, with substantial proceeds flowing directly to companies. He highlighted reforms simplifying market access, rising corporate bond issuance, growing domestic investor participation and measures to deepen capital markets, improve liquidity and expand global investor access.
NSE pays 20 banks Rs 186 crore in fees for India IPO
The National Stock Exchange paid 186 crore to 20 advisory banks for its $2.4 billion IPO. At 0.82% of the total issue, the fee structure remains well below Indias market average, despite the IPO drawing strong institutional demand with a 5.7x overall subscription.
Crisil Rating assigns 'AA-/A1+' rating to credit facilities of SG Finserve
SG Finserve said that Crisil Rating has assigned its 'Crisil AA-/Stable/Crisil A1+' ratings to the bank facilities of the company.
Jain Irrigation Systems Ltd leads losers in 'A' group
63 Moons Technologies Ltd, Aegis Vopak Terminals Ltd, Kaynes Technology India Ltd and Acutaas Chemicals Ltd are among the other losers in the BSE's 'A' group today, 22 September 2026.
Helios Flexi Cap Fund reshuffled its portfolio in August, cutting exposure to HDFC Bank, Reliance Industries and other holdings while adding to Swiggy, Paytm and several other stocks. The fund also exited five stocks and added two new names. Its portfolio stood at 68 stocks across 26 sectors during the month.
HDFC Bank adds 93K crore to m-cap as stock gains in 7 out of 8 sessions
HDFC Bank has been among the worst-performing Nifty 50 stocks this year, having lost 25.15 per cent on a year-to-date basis.
Five smallcap mutual funds delivered annualised returns above 17% over three years as of September 16, 2026. Investors should consider risk appetite, investment horizon and financial goals rather than returns alone.
Global Market: European shares muted at open as investors track US-Iran talks, oil gains
European shares opened largely flat on Tuesday as investors remained cautious over potential US-Iran talks and developments around the Strait of Hormuz. Energy stocks gained 0.4% as oil prices recovered, while retail stocks rose 1.3%, led by Kingfisher. Insurance stocks declined, and investors awaited euro zone consumer confidence data for further economic signals.
RBL Bank, Engineers India, Syrma, JSW Infra rally up to 7%; log 52-wk highs
ACME Solar, Aegis Logistics, Aegis Vopak Terminals, Apar Ind, Ipca Labs, Laurus Labs, Shyam Metalics and Welspun Corp from the BSE 500 index also hit their respective 52-week highs in Tuesday's trade.
RBI bond sales, FX intervention help halve India's cash overhang
Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking system's liquidity surplus, bankers said.
India's first mineral exchange likely to begin operations by FY28: Official
India's first mineral exchange, which would create a transparent, electronic delivery-based trading platform for minerals, is likely to be registered and operationalised by the next financial year, according to a top government official. This comes after the mines ministry's notification of the Mineral Exchange Rules, 2026 in June. The exchange would create a transparent, electronic delivery-based trading platform for minerals, facilitate market-based price discovery and reduce information asymmetry between producers and buyers. We expect to register and operationalise the first Mineral Exchange by the next financial year. Work on the registration of the exchange is currently under way, Mines Additional Secretary Veena Kumari Dermal said during 60th Annual General Meeting of Federation of Indian Mineral Industries (FIMI). The ministry notified the Mineral Exchange Rules in June to create a state-of-the-art platform with transparent price discovery and standardised quality ...
Stylam Industries commences production at new laminate plant in Haryana
Stylam Industries said that the company's new laminate plant adjoining to existing plant in Manak Tabra, Panchkula, Haryana, has commenced commercial production.
Euro Panel Products Ltd leads losers in 'B' group
Handson Global Management (HGM) Ltd, GOCL Corporation Ltd, Thacker & Company Ltd and Atal Realtech Ltd are among the other losers in the BSE's 'B' group today, 22 September 2026.
Meesho rallies as brokerage raises target price
Meesho surged 9.56% to Rs 240 after a foreign brokerage maintained its 'buy' rating on the stock and raised its target price to Rs 260 from Rs 210.
Volumes jump at RHI Magnesita India Ltd counter
RHI Magnesita India Ltd witnessed volume of 107.33 lakh shares by 14:14 IST on NSE, a 58.43 times surge over two-week average daily volume of 1.84 lakh shares
Nifty trades below 23,400 level; FMCG share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 106.20 points or 0.14% to 74,745.21. The Nifty 50 index lost 21.35 points or 0.09% to 23,392.95.
Coal India gets a lift as brokerage turns overweight
Coal India rose 3.02% to Rs 427 after a foreign brokerage upgraded the stock to 'overweight' from 'equal-weight' and raised its target price to Rs 480 from Rs 420.
Infosys Ltd drops for fifth straight session
Infosys Ltd is quoting at Rs 1025.7, down 1.23% on the day as on 13:19 IST on the NSE. The stock tumbled 31.51% in last one year as compared to a 7.29% slide in NIFTY and a 19.09% fall in the Nifty IT index.
Global Market: Eurozone bond yields rise as oil prices rebound above $100
Eurozone government bond yields rose on Tuesday as Brent crude rebounded above $100 a barrel amid escalating Middle East tensions. German 10-year yields rose 3 basis points to 3.481%, while French and Italian yields climbed 4 basis points as investors weighed persistent inflation risks.
Repaid your loan but your credit report still shows it as active? Experts explain how to fix it
Repaid your loan? Your credit report may take time to reflect the closure. Heres what borrowers should check, which documents to retain and what to do if a closed loan still shows as active.
NSE IPO allotment today: How to check status on BSE and MUFG Intime? GMP hints at 4% listing gains
NSE IPO allotment: The Rs 22,562-crore NSE IPO, which was subscribed 5.71 times overall, is likely to finalise share allotment today. Investors can check their allotment status online through the registrar MUFG Intime, with NSE shares scheduled to list on the BSE on September 24.
Small-cap funds draw record 7,973 crore. But volatility remains the catch
Record small-cap fund inflows in August come as the Nifty Smallcap 250 outpaces the Nifty 50, but sharp historical swings underline the need for a longer holding period and suitable risk appetite.
German Green Steel and Power IPO to open on Sep 25; price band fixed at 132-139/share
The Gujarat-based company has fixed a price band of 132-139 per equity share for its IPO, which is scheduled to close on September 29
Ever wondered what it would be like to spend a holiday in a celebrity home? From Ajinkya Rahanes 71,438-a-night Igatpuri villa to Mandira Bedis colourful Madh Island retreat, these five properties offer a glimpse into the spaces associated with some of Indias best-known stars.
Sunil Singhania-led Abakkus Mutual Fund announces launch of its SIF platform Fokkus
Abakkus Mutual Fund, led by Sunil Singhania, has received SEBI approval to launch its Specialised Investment Fund (SIF) platform under the brand name Fokkus. Approved on 28 August 2026, the platform will offer differentiated equity, debt, and hybrid investment strategies.
Starting retirement investing at 40 requires a focus on the required corpus, higher and consistent savings rather than excessive risk. Investors should use goal-based asset allocation, step up investments annually and gradually shift money from equity to debt as retirement approaches.
RailTel Corp gains after securing 5-year work contract from UPUMS
RailTel Corporation of India added 1.42% to Rs 264.10 after the company announced the receipt of a work order from Uttar Pradesh University Of Medical Sciences (UPUMS) worth Rs 14.09 crore.
Bandhan Bank Ltd up for third consecutive session
Bandhan Bank Ltd is quoting at Rs 183.6, up 2.57% on the day as on 12:49 IST on the NSE. The stock is up 13.27% in last one year as compared to a 7.26% slide in NIFTY and a 0.9% slide in the Nifty Private Bank index.
NTPC Green Energy Ltd rises for third straight session
NTPC Green Energy Ltd is quoting at Rs 94.79, up 3.87% on the day as on 12:49 IST on the NSE. The stock is down 7.98% in last one year as compared to a 7.26% jump in NIFTY and a 5.64% jump in the Nifty Energy index.
Glenmark Pharmaceuticals Ltd spurts 0.5%, gains for fifth straight session
Glenmark Pharmaceuticals Ltd is quoting at Rs 2462.3, up 0.5% on the day as on 12:44 IST on the NSE. The stock is up 22.09% in last one year as compared to a 7.25% slide in NIFTY and a 20.76% slide in the Nifty Pharma.
Zydus Lifesciences Ltd spurts 0.6%, up for five straight sessions
Zydus Lifesciences Ltd is quoting at Rs 1168, up 0.6% on the day as on 12:44 IST on the NSE. The stock is up 11.79% in last one year as compared to a 7.25% fall in NIFTY and a 20.76% fall in the Nifty Pharma.
Welspun Corp Ltd spurts 0.38%, rises for fifth straight session
Welspun Corp Ltd is quoting at Rs 2773.3, up 0.38% on the day as on 12:44 IST on the NSE. The stock is up 214.02% in last one year as compared to a 7.25% spurt in NIFTY and a 28.21% spurt in the Nifty Metal.
Varun Beverages Ltd soars 1.45%, rises for fifth straight session
Varun Beverages Ltd is quoting at Rs 431.15, up 1.45% on the day as on 12:44 IST on the NSE. The stock is down 5.97% in last one year as compared to a 7.25% drop in NIFTY and a 17.33% drop in the Nifty FMCG.
LIC Housing Finance Ltd soars 0.18%, rises for fifth straight session
LIC Housing Finance Ltd is quoting at Rs 569, up 0.18% on the day as on 12:44 IST on the NSE. The stock is down 2.33% in last one year as compared to a 7.25% drop in NIFTY and a 4.2% drop in the Nifty Financial Services.
Samvardhana Motherson International Ltd spurts 0.28%, up for five straight sessions
Samvardhana Motherson International Ltd is quoting at Rs 163.37, up 0.28% on the day as on 12:44 IST on the NSE. The stock is up 45.76% in last one year as compared to a 7.25% fall in NIFTY and a 0.83% fall in the Nifty Auto.
Bharat Forge Ltd spurts 1.73%, rises for fifth straight session
Bharat Forge Ltd is quoting at Rs 2003, up 1.73% on the day as on 12:44 IST on the NSE. The stock is up 60.11% in last one year as compared to a 7.25% slide in NIFTY and a 0.83% slide in the Nifty Auto.
Sonaselection India IPO ends with 2.01 times subscription
The offer received bids for 2.01 crore shares as against 1 crore shares on offer.
Eternal rallies 8% in five straight days; stock zooms 60% from March low
Eternal's share price hit a 11-month high of 339.80, gaining 1.4% on the BSE in Tuesday's intra-day deals amid heavy volume.
Global Market: ECB launches blockchain payment service, to invest in digital securities
The European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements. The ECB also plans to invest a portion of its EUR 23 billion own funds in digital securities, while developing a retail digital euro targeted for a 2029 release.
NPCI says GST on UPI MDR will not burden small merchants
NPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety-six percent of merchant transactions are below this threshold. Merchants can adjust GST paid on MDR against their tax liability. Small merchants receiving under one lakh rupees monthly are exempt from MDR.
Global Market: Diesel prices surge to record highs as wars squeeze global fuel supplies
Global diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability across Europe, the US and Asia. With inventories below seasonal norms and refineries already running at high utilisation rates, further disruptions could leave fuel markets vulnerable to sharper price increases.
US stock market rally explained: Why did Nasdaq climb 2% to close at a fresh record high?
Wall Street rallied sharply on Monday, with the Nasdaq gaining over 2% to a record close as easing oil prices and Treasury yields supported sentiment, while chip stocks surged on renewed optimism around AI spending.
Bitcoin has regained momentum after breaking above key resistance levels, supported by stronger spot ETF inflows, institutional demand and a broader risk-on mood. Analysts expect the rally to face resistance near $89,500, while rising futures open interest and elevated leverage could increase volatility if fresh buying fails to keep pace.
Royal Enfield introduces The 2026 Classic 350 'Signature White' edition
Royal Enfield, the global leader in the mid-size motorcycle segment (250cc-750cc), has introduced the 2026 Classic 350 'Signature White' edition today.
HDFC Bank shares flat; Q2 results on October 17
HDFC Bank shares remained range-bound on Tuesday, with trading activity and the upcoming quarterly results keeping the stock in focus.
11 stocks added by more than 15 MF schemes in August; shares surge up to 240% in CY26
Mutual funds added 24 stocks to their portfolios through at least 15 schemes in August 2026, with 11 of these stocks delivering over 25% YTD returns. Welspun Corp and Apar Industries emerged as the top performers, gaining 240% and 126%, respectively.
46 stocks, 275 entrants: Why Indias market-cap definitions face a rethink
High churn in mid-cap indices, a surge in smaller IPOs and the expanding size of Indias equity market are prompting calls for an overhaul of the large-cap, mid-cap and small-cap classification framework
Stocks to buy: JM Financial names 9 NBFC stocks as top picks amid rate hike cycle
Amid rising interest rates and fluctuating bond yields, JM Financial has pinpointed nine NBFCs as top stock picks. These picks showcase a diverse performance spectrum, with some stocks dipping while others have enjoyed robust gains over various timeframes. Investors are encouraged to delve into net interest margin dynamics and asset quality trends when making their selection.
Big to get bigger: India's UPI fee shift to entrench dominant incumbents
PhonePe and Google Pay could earn about $900 million annually from Indias new UPI merchant fee regime by March 2028, according to Bernstein estimates, strengthening their already dominant position. The 0.4% fee on merchant transactions above Rs 2,000 could also encourage payment apps to expand in rural areas and push smaller rivals towards higher-value transactions.
Nifty trades below 23,400 level; PSU Bank shares decline for 2nd day
PSU Bank shares witnessed selling pressure for the second consecutive trading session.
Airtel bundles Apple iCloud+, Apple TV with 999 postpaid plans without hiking tariffs
According to the company, integrating Apple's services transforms the plan into a comprehensive digital lifestyle package that delivers even more value to families.
Runwal Enterprises sets price band at 290-305 for 500-crore IPO
Proceeds from the fresh issue will be used for payment of debt, funding acquisition of future real estate projects, and general corporate purposes
Long-duration debt funds offer yields of around 7.50-7.80%, but further rises in bond yields could trigger mark-to-market losses. Experts explain whether investors should lock in current yields or consider shorter-duration options.
BSE SME Vama Wovenfab comes under pressure after debut
Vama Wovenfab traded at Rs 323.95 on the BSE, down 5% from its issue price of Rs 341.
Will Roadster reveal trigger a fresh rally in Tesla shares?
Tesla shares rose nearly 3% ahead of the Roadster reveal, with investors also tracking Nvidias support for its energy-storage business and the outlook for Optimus and autonomous driving.
Pine Labs up 7% from day's low amid block deals; MOFSL bullish on stock
Block deal alert: A combined 112 million equity shares representing 9.74 per cent of total equity of Pine Labs changed hands on the NSE and BSE till 11:34 AM on Tuesday.
Lessons from Nepal floods: What Indian businesses need to know about disaster insurance
Nepal floods caused $2.56 billion in losses and $171 million in insurance claims, exposing risks relevant to India, which loses $8 billion annually to disasters. Sikkim's 2023 GLOF disaster showed how sub-limits can leave All Risk policies dangerously underinsured.
Large-caps, financials, IT: Axis MF's Devalkar on where he sees opportunity
We remain constructive on the financial sector, particularly on high-quality private sector banks, said Shreyash Devalkar of Axis MF.
The price of innovation: why UPI needs revenue to stay free
As UPI enters a new phase of scale, a 0.4% MDR on larger merchant payments aims to fund infrastructure, cybersecurity and innovation while keeping most transactions free.
Top 5 SIFs deliver over 15% return in 3 months, QSIF Equity Ex-Top 100 SIF leads
Top five Specialised Investment Funds delivered up to 15.21% returns over the three-month period from 1 June 2026 to 31 August 2026. According to data from SIF360, QSIF Equity Ex-Top 100 Long-Short Fund led performance across all SIF strategies, followed by QSIF Active Asset Allocator Long-Short Fund.
Meesho shares rally 12% after UBS hikes target price by 24%. Whats keeping analysts bullish?
UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit economics. The brokerage expects contribution margins to expand as logistics costs ease and advertising revenue grows. Meeshos ability to sustain user additions, ordering frequency and NMV growth remains central to its outlook.
HDFC Bank shares hit 7-week high as RBI weighs Anup Bagchi for CEO post. What lies ahead?
HDFC Bank shares rose to a nearly seven-week high of Rs 749.30, extending gains to 5% over three sessions, after ET reported that the RBI is weighing Anup Bagchis candidature for the banks CEO and MD post and has sought feedback from IRDAI and ICICI Bank CEO Sandeep Bakhshi.
BSE SME Shakti Polytarp keeps its head above water on debut
Shakti Polytarp traded at Rs 59.25 on the BSE, up 0.42% from its issue price of Rs 59.
Transrail Lighting Ltd leads gainers in 'A' group
Protean eGov Technologies Ltd, Aarti Pharmalabs Ltd, Bluestone Jewellery & Lifestyle Ltd and Patel Engineering Ltd are among the other gainers in the BSE's 'A' group today, 22 September 2026.
BSE SME Quanto Agroworld loses its footing after debut
Quanto Agroworld traded at Rs 63.65 on the BSE, down 5% from its issue price of Rs 67.
Symbiotec Pharmalab posts nearly 53% YoY fall in Q1 PAT
Symbiotec Pharmalab has reported 52.8% fall in consolidated net profit to Rs 14.1 crore despite a 7% rise in revenue from operations to Rs 218.2 crore in Q1 FY27 as compared with Q1 FY26.
Indian bonds steady as RBI rate hike expectations strengthen
Bond yields for Indian government securities showed little fluctuation as markets brace for ongoing liquidity withdrawals. Specifically, the yield for the benchmark 2036 bond settled at about 7.05% during early trading on Tuesday. With retail inflation rising to 4.82% in August, expectations mount for a rate hike from the Reserve Bank of India next month.
South Korean pension fund seeks India government bond investment licence: Report
South Korea's significant pension fund is looking to invest in Indian government bonds, as India strives to enhance foreign capital influx via streamlined registration processes. This initiative enriches funding sources and ensures steady capital inflow, with the fund leveraging a new, simplified compliance pathway for investors, promoting elevated foreign engagement in India's debt market.
India's first blue bond set for launch next week: Report
Sagarmala Finance Corporation plans its maiden blue bond issuance on September 28. The company aims to raise six billion rupees for maritime sector projects. These funds will support port development and coastal road networks. SBI Capital Markets is arranging the issue, which is rated AA+ by Icra and Care. Investors will submit coupon and commitment bids on Monday.
South Korean pension fund seeks India government bond investment licence
India has been trying to draw more foreign capital into government bonds through easier registration, lower taxes and by targeting entry into global bond indices
Crude oil outlook: US-Iran talks; high transit cost in focus
The global cost of carrying crude oil which used to be around 1-2 per cent of the total contract value has now faring 20-25 per cent to Asian refiners.
US stocks supported, Nasdaq reaches new closing high
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Puravankara rises on acquiring land parcel in Delhi-NCR with GDV potential of Rs 5,200 crore
Puravankara added 1.35% to Rs 218.15 after the company announced its entry into the Delhi-NCR real estate market with the allotment of a 13.44-acre land parcel in Greater Noida.
Dollar index holds near 8-week high on further rate hike signals
The dollar index is seen holding above 100 mark on Tuesday morning in Asia on expectations of further interest rate hikes from Federal Reserve. Latest comments from Fed officials have signaled that high inflation is a key concern for them and is not driven by just elevated oil prices. On Monday, Chicago Federal Reserve (Fed) Bank President Austan Goolsbee said in an event that not just energy, strong demand, tariffs, and other supply shocks may be adding to inflation too. The counter is trading at 100.10, its highest level in nearly 8 weeks. Investors now await speeches from other Fed officials including John Williams and Tom Barkin later today. Moreover markets will also closely monitor meeting between Chinese leader Xi Jinping and US President Trump, who are expected to discuss various issues regarding Artificial Intelligence (AI) and critical minerals.
Market pare gains; IT shares decline
At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 80.97 points or 0.11% to 74,783.94. The Nifty 50 index lost 20.10 points or 0.09% to 23,397.05.
Rocket Lab shares surge over 8%: What's driving the RKLB rally?
Rocket Lab shares jumped 8.2% after Cantor Fitzgerald reiterated its Overweight rating and $122 price target. Investors are focusing on the companys upcoming Neutron rocket launch, the planned Iridium acquisition and a record $2.36 billion backlog.
Transrail Lighting shares zoom 12% on 70% rise in manufacturing capacity
From its 52-week low of 400.65, touched last week on September 16, Transrail Lighting stock has jumped 16 per cent.
Orient Cables to launch 552 crore IPO on Sep 25, price band at 258-272
Orient Cables (India) Ltd on Tuesday announced a price band of Rs 258-272 per share for its Rs 552-crore IPO, as the networking cables and passive networking equipment maker gears up to tap the primary market. The issue will open for public subscription on September 25 and close on September 29, according to a public announcement. The IPO comprises a fresh issue of equity shares worth up to Rs 320 crore and an Offer for Sale (OFS) of shares aggregating up to Rs 232 crore. Proceeds of the fresh issue will be used for capital expenditure towards purchase of machinery, equipment and civil works at its manufacturing facilities; repayment or partial prepayment of certain borrowings. A portion will also be used for general corporate purposes. Earlier, the company had filed preliminary papers with Sebi to raise Rs 700 crore through IPO, comprising a fresh issue of Rs 320 crore and an OFS of Rs 380 crore. The revised IPO size is therefore lower by Rs 148 crore, with the entire reduction ..
Embassy Developments rallies 8% after Rs 711 crore residential tower deal with Angel One founder
Embassy Developments shares rallied up to 8% to Rs 63.80 after signing an MoU to sell an entire residential tower at Embassy Terazza in Juhu to Angel One CMD Dinesh Thakkar for Rs 711 crore. Spanning 63,000 sq ft, it is India
The newly constructed Phase 3 project features a 3.5-kilometre, four-lane elevated corridor designed to establish a direct, uninterrupted link between Mayur Vihar Phase I and Sarai Kale Khan.
Government of India announces the sale of one dated security for a notified amount of 34,000 crore
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 6.94% GS 2036 for a notified amount of Rs 34,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system) on September 25, 2026 (Friday). GoI will have the option to retain additional subscription up to 2,000 crore against the security.
JSW Infra hits new high, jumps 7%; stock up 56% in FY27
Thus far in September JSW Infrastructure stock has rallied over 9% even as the Nifty slipped nearly 3%.
India's prospects bright but tax rules a worry: JPMorgan CEO Jamie Dimon
JPMorgan CEO Jamie Dimon said India has strong long-term prospects but inconsistent tax rules, regulation and policy uncertainty continue to concern foreign investors
Textile stocks rebounded on Tuesday, recovering most of the previous sessions losses after US President Donald Trump signed a Russia sanctions bill into law. Raymond led the gains with a 10% rally, while Pearl Global Industries, Gokaldas Exports, Arvind and Vardhman Textiles also advanced.
NSE IPO allotment expected today: Here's your guide to check status
The NSE IPO received a strong response from investors. Against the 8.86 crore shares offered, bids were received for around 50.40 crore shares.
Global Market: Warner Bros, Paramount shares jump on merger settlement talks
Shares of Warner Bros Discovery and Paramount Skydance jumped after reports that Paramount and Californias attorney general were in advanced settlement talks that could clear a key hurdle to their proposed merger. If sustained, the gains would add a combined $5.59 billion to the companies market valuations.
Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons why
Motilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects across explosives and defence. The brokerage expects revenue and profit to grow at 43% and 34% CAGR, respectively, through FY30.
Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loom
Chinas yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight session. Investors are watching the currencys outlook ahead of the upcoming Xi-Trump meeting and trade discussions.
