Page 8 - Markets News

Bulls on the Street: Sensex, Nifty50 clock biggest jump in 4 months

The Sensex rose 862 points, or 1.04 per cent, to end at 83,468, while the Nifty climbed 262 points, or 1.03 per cent, to close at 25,585 - both marking their best single-day gain since June

Handsome payoff: ₹600 crore IPO fees light up Diwali for i-bankers

LG Electronics India and Tata Capital lead October's IPO fee bonanza, as bankers cash in on a busy primary market season

IPO boom gives pause for thought as cracks appear amid volatility

Nearly 200 companies have filed draft initial public offering (IPO) papers this year, setting the stage for an action-packed 2025

Insider trading in IEX stock: CERC starts probe, sends 3 officials on leave

We have taken immediate cognizance of the alleged insider trading related to market coupling, says CERC

Sebi orders ₹173 cr disgorgement from 8 entities for IEX insider trading

Individuals got price-sensitive information before announcement from high-ranking CERC officials

Building healthcare corpus: Balance growth and liquidity, avoid lock-ins

Health insurance policies often exclude several expenses. Sometimes claims get rejected. Standoffs between hospitals and insurers sometimes lead to cashless facility not being available

Embassy Group repays ₹1,748 cr of debt via WeWork India IPO proceeds

The company used proceeds from the WeWork India offer for sale to repay NCDs, slashing leverage and cutting its share pledge to just 15 per cent.

SAT has granted stay on Sebi order to ban firm, officials: Man Industries

Man Industries (India) Ltd on Tuesday said the Securities Appellate Tribunal (SAT) has granted a stay on capital markets regulator Sebi's order that barred the company and its three senior executives. The stay is conditional on the deposit of 50 per cent of the penalty amount, the company said. In its statement, Man Industries said "On October 10, 2025, SAT granted a stay on the entire Sebi order dated September 29, 2025, which was passed against the company and three other noticees." On September 29, Sebi barred Man Industries and its three senior executives from accessing the securities markets for two years and imposed a fine of Rs 25 lakh on each of them for alleged financial misstatement. Those penalised included Ramesh Mansukhani, Chairman of Man Industries; Nikhil Mansukhani, Executive Director; and Ashok Gupta, former Executive Director and current CFO. In its order, Sebi had noted that the financial statements of Man Industries (India) Ltd (MIIL) for the financial years .

Gold, silver surge to all-time highs on trade jitters, rate-cut optimism

Spot gold was up 1.9% to $4,093.39 per ounce, as of 10:04 a.m. ET (1404 GMT), after hitting a record $4,096.35/oz

Rubicon Research IPO booked 104 times offer size on closing day

The initial public offer of pharmaceutical company Rubicon Research Ltd garnered 103.90 times subscription on the closing day of bidding on Monday. The Rs 1,377.5-crore IPO received bids for 1,70,96,76,420 shares against 1,64,55,670 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) attracted 130.26 times subscription. The category for non-institutional investors got subscribed 97.61 times and Retail Individual Investors (RIIs) received 35.47 times subscription. Rubicon Research on Wednesday said it has mobilised Rs 619 crore from anchor investors. The company's initial public offering (IPO) has a fresh issue of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of Rs 877.5 crore by the promoter, General Atlantic Singapore RR Pte Ltd. Post the IPO, General Atlantic's shareholding is expected to reduce to over 35 per cent. The issue has a price band of Rs 461-485 per share. Proceeds from the fresh issue to the tune of Rs 310 cr

Canara Robeco AMC IPO receives 9.74 times subscription on final day

The Rs 1,326 crore IPO got bids for 33,99,83,168 shares against 3,48,98,051 shares on offer, according to details available with the NSE

Bharti Telecom plans to raise up to ₹10.5K cr via bonds on Tuesday

If fully subscribed, it would mark the largest bond issuance of the current financial year

Gold rallies ₹1,950 to record high of ₹127,950 per 10 grams in Delhi

Gold prices rallied by Rs 1,950 to hit a fresh peak of Rs 1,27,950 per 10 grams in the national capital on Monday, driven by safe-haven demand amid renewed US-China trade tensions. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,26,000 per 10 grams on Friday. In addition, gold of 99.5 per cent purity jumped by Rs 1,950 to touch an all-time high of Rs 1,27,350 per 10 grams (inclusive of all taxes). The yellow metal had settled at Rs 1,25,400 per 10 grams in the previous market session. "Gold prices rose sharply higher as renewed US-China trade tensions reignited safe-haven demand," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said. The US administration's announcement of a 100 per cent tariff hike on select Chinese products, coupled with China's threat to restrict rare earth exports, has heightened global uncertainty and risk aversion. "This geopolitical tension, along with sustained deman

US-based Tryfacta plans IPO at GIFT City to raise up to $150 million

US-based Tryfacta Inc is planning to file draft papers for its initial public offering (IPO) by the end of this month to raise USD 100-150 million through a listing on the international exchanges at Gujarat International Finance Tec-City (GIFT City), according to people familiar with the development. Currently, the only other company that has filed for an IPO at GIFT City exchanges is Mumbai-based education platform XED, which submitted its draft papers in August. XED aims to garner funds for working capital needs, technology capex, and general corporate purposes. At present, there are two GIFT City Exchanges -- India INX and NSE International Exchange (NSE IX) -- located within GIFT City. According to sources, Yoki Financial Services, an arm of Mefcom Capital and an IFSCA-registered investment bank, has been appointed as the lead manager for Tryfacta's public offering. An email sent to Yoki Financial Services seeking comments on the development remained unanswered. Headquartered

Equity MF inflows ease 9% in Sept; gold, silver ETFs draw record sums

Equity fund flows moderate amid higher redemptions, while SIPs hit record highs and flexicap funds continue to see strong investor interest

Sebi, bourses align penalty framework to ease brokers' compliance

New Sebi framework aims to reduce duplication of penalties, bring uniformity across exchanges, and ease compliance for brokerage firms

LG Electronics India's ₹11,607 crore IPO draws record ₹4.4 trillion bids

LG's Rs 11,607-crore IPO drew record demand from investors, making it the most subscribed large-cap issue since 2020, with strong institutional and HNI interest

Silver ETFs trade at steep premiums amid physical supply shortage

Kotak MF halts lump sum, switch-in subscriptions in Kotak Silver ETF Fund of Fund

Prestige Estates' strong H1 puts it on course to top FY26 guidance

Realty major Prestige Estates' record H1 sales and strong Q2 demand boost investor confidence as brokerages expect it to exceed its FY26 sales guidance

Nykaa's faster growth keeps Street bullish, but valuations rich too

Nykaa Fashion may have gained market share even if growth has been slower than in BPC