London had lost its status as Europe's biggest stock market last November, extending an equity slump that stretched back to Britain's vote to leave the European Union in 2016
Expectations of weak September quarter results amid high inventory, demand woes and weak realisations have led to the underperformance
Oil prices climbed 1.2 per cent to nearly $94 per barrel after an explosion at a Gaza hospital jeopardised peace efforts in the Middle East
However, after a sell-off from disappointed investors, valuations have corrected and the stock may be worth a long-term buy
Industry experts note that the work required for an IPO remains consistent, regardless of the issue size
Caustic soda prices may have bottomed out and started to improve from lows and should be higher in Q3FY24
"Wherever there is momentum, liquidity is flowing in there, adding further to the momentum," said Ambareesh Baliga, an independent equity analyst
Consensus target price of analysts indicates limited upside; rebound in general merchandise and apparels crucial for margin gains
The 30-share BSE Sensex declined 115.81 points or 0.17 per cent to settle at 66,166.93
Shares of IRM Energy, a gas distributor, were commanding a grey market premium of close to 13 per cent ahead of its Rs 544 crore initial public offering (IPO)
Brokerages trim volume growth estimates, see impact on margins
Factoring in better demand for delivery, FY24 overall might have growth estimates for 18 per cent
The Q1FY24 data indicates over 90 per cent of savings and current accounts are sourced digitally
SBI Life, HDFC Life gains; Life insurers H1 NBP down 13%
Krystal Family Holdings owns 100 per cent stake in the company
This was the worst fall for the smallcap index since September 12, when it had tanked over 4 per cent
Brokerages see profit growth at 19.6%, slower than Q1
An analysis conducted by PRIME Infobase reveals the sectors where overseas funds turned the most bearish
The country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts
The BSE smallcap index jumped 7,566.32 points or 36.64 per cent in 2021-22 fiscal, and the midcap surged 3,926.66 points or 19.45 per cent