In previous trading session, the Sensex plunged 1,048.90 points, or 1.36 per cent, to close at 76,330.01. Similarly, the Nifty50 dropped 345.55 points, or 1.47 per cent, ending the day at 23,085.95

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The Nifty IT Index is exhibiting a clear bearish trend in the near term, prompting traders to adopt a cautious stance

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Their combined wealth went past $1 trillion for the first time and reached an all-time high of $1,023.9 billion at the end of December

Illustration by Ajay Mohanty

The rupee declined by 3.1 per cent since September, and Indian equity benchmarks Nifty and Sensex fell by 8.5 and 7.3 per cent, respectively, during the same period

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"Retail investors may show some of their usual chutzpah and buy stocks aggressively, buying on dips has been the common mantra so far, but that would be comical," the note said

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The recent correction in the equity market, according to the asset manager, has eased multiples to an extent but valuations still remain high, especially in the midcap and smallcap space

The Securities and Exchange Board of India (Sebi) has proposed measures to regulate algorithmic (algo) trading by retail investors, introducing new checks and balances for stock brokers and exchanges. Currently, algo trading is dominated by instituti

The company, which is the largest broker and also the biggest mutual fund (MF) distributor, plans to raise around $700 million (around Rs 6,000 crore)

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The cement making arm of the steel-to-energy JSW group filed for an IPO worth up to Rs 4,000 crore ($461.46 million) in September, aiming to capitalise on the country's booming stock market

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The initial public offer of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and finally ended the day with 5.28 times subscription.
The initial share sale received bids for 4,73,96,250 shares against 89,70,371 shares on offer, translating into 5.28 times subscription, according to data available with the NSE.
The portion for Retail Individual Investors (RIIs) fetched 12.40 times subscription while the category for non-institutional investors got subscribed 10.85 times. The quota for Qualified Institutional Buyers (QIBs) received 13 per cent subscription.
OrbiMed-backed Laxmi Dental has collected a little over Rs 314 crore from anchor investors.
The issue with a price band of Rs 407-428 per scrip will conclude on January 15.
The IPO is a combination of a fresh issue of equity shares for up to Rs 138 crore and an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khakhar and Sameer Kamlesh Merchant, and other

The initial share sale received bids for 4,73,96,250 shares against 89,70,371 shares on offer, translating into 5.28 times subscription

On Monday, the rupee was trading at 86.58 against the dollar, a fresh low amid a rising dollar and outflows from Indian equities

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The 10-year yield ended at 6.85 per cent, its highest since Nov. 22, compared with its previous close of 6.7724 per cent. The yield posted its biggest single-session rise since June 4

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Of the total investments by value, 39 per cent in FY24 went into late-stage startups, compared to only 18 per cent in FY14

Premium growth may be volatile for the rest of FY25 due to surrender value regulations

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Pantomath Capital Advisors, and IDBI Capital Markets & Securities are the Book Running Lead Managers to the issue, while MUFG Intime India (formerly known as Link Intime India) serves as the registrar

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