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Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
During Q1CY25, Varun Beverages' net profit zoomed 33.5 per cent Year-on-Year (Y-o-Y) to ₹731.35 crore from ₹547.98 crore reported in the corresponding quarter of the previous year
The public offering has received bids for 5,89,29,634 equity shares against 5,33,63,160 on offer, leading to a subscription of 1.10 times
Among the sectoral indices in the NSE, Nifty IT index hit a 3-week high and emerged as the top performer by settling higher by 1.23 per cent led by LTI MindTree, and Tech Mahindra
During the period, a combined 62 IPOs listed on the National Stock Exchange (NSE) and BSE, raising $2.8 billion in proceeds
The public issue is available at a price band of ₹304-₹321 per share, and the lot size is 46 shares. Accordingly, investors can bid for a minimum of 46 shares and in multiples thereof
Among the sectoral indices, Nifty Oil & Gas was the top performer, ending higher by 3.18 per cent, led by RIL (5.07 per cent) and BPCL (4.97 per cent)
Ather Energy IPO opens for public subscription today: Check issue size, price band, GMP, brokerage reviews, allotment date, listing date and more
Among the sectoral front, barring IT, all others were under pressure, with PSU banks and metals being the worst hit
1,441 out of the 1,930 traded stocks on NSE ended in the red, 104 in the green, while 85 remained unchanged. The total market capitalisation of NSE stocks stood at $5 trillion
The key focus during TVS Motor Company's Q4FY25 results, analysts believe, will be the e-mobility initiatives and demand outlook
Among the sectoral indices on Nifty, the IT index settled with gains of 4.34 per cent, with all the 10 constituent stocks posting gains in the range of 2.73 per cent to 7.74 per cent
The key focus during Maruti Suzuki's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline
Market analysts attribute this rally in cryptocurrencies to increased institutional buying, a weakening dollar index, and other favorable macroeconomic conditions
Ather Energy IPO is set to open for public subscription on April 28. Check price band, lot size, GMP, allotment date, listing date and more
The National Stock Exchange (NSE) had launched the Nifty50 index on this date in 1996, just two years after the exchange started its operations
The gains among the finance sector, analysts said, came from the Reserve Bank of India's (RBI) relaxed liquidity coverage ratio guidelines, which are anticipated to enhance credit growth
The day also marked a historic milestone for the BSE, as it celebrated its sesquicentennial (150th) anniversary, marking its position as Asia's oldest stock exchange
This price stability, even as rate cuts are taken off the table for May, Riya Sehgal, research analyst at Delta Exchange, said, underscores crypto's evolving market maturity and its growing appeal
However, on a weekly basis, the Sensex and Nifty posted a decline of 0.27 per cent and 0.33 per cent, respectively
Earlier today, Sanjay Malhotra-led RBI's Monetary Policy Committee (MPC) announced a reduction in the repo rate by 25 basis points to 6 per cent