Markets News

The IPO will comprise an offer for sale of up to 15 million equity shares by promoter Abakkus Expert Professionals LLP, representing a 10 per cent stake in the company

Banker fees accounted for nearly half of NSE's Rs 392.12 crore offer-related expenses, while advertising and marketing emerged as the second-largest cost head

Sebi had sent show-cause notices to the companies in February 2024 for alleged lapses in disclosure of certain related-party transactions, highlighted in the Hindenburg report

Sebi is working on simpler digital onboarding, wider FPI participation in commodity derivatives and depository receipts against units of REITs and InvITs

Respiratory launches, CDMO expansion and strong US and European businesses are key growth drivers; the stock trades at just under 16 times estimated FY28 earnings

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.08 per cent and 0.23 per cent lower, respectively

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.

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.

The exchange will provide an electronic delivery-based trading platform for minerals, enabling market-based price discovery and reducing information gaps between producers and buyers

Optiemus Infracom Share: CMF by Nothing and Optiemus Group expanded its partnership to build India's first end-to-end R&D Smartphone capability.

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.

Analysts believe private sector companies particularly have visible growth prospects north of 20% backed by government focus on domestic manufacturing and building the private sector supply chain.

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.

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

From its 52-week low of ₹400.65, touched last week on September 16, Transrail Lighting stock has jumped 16 per cent.

Thus far in September JSW Infrastructure stock has rallied over 9% even as the Nifty slipped nearly 3%.

JPMorgan CEO Jamie Dimon said India has strong long-term prospects but inconsistent tax rules, regulation and policy uncertainty continue to concern foreign investors

Meesho targets a 25% Net Merchandise Value (NMV) compound annual growth rate (CAGR) over five years, with scale benefits expected to support margins over time.

"Several stocks from a "popular" sector can enter the index simultaneously, while sectors that are out of favour may become under-represented," the report said.

Blue bonds are a debt instrument used to finance sustainable water and marine projects, including clean water, recycling, shipping, sustainable fishing, ocean energy and ​mapping