Page 128 - Markets

Gold rally likely to have more upside; check strategy, target here

Gold outlook: The yellow metal is likely to rise to $3800 (Rs 115,000) in the coming months, with support at $3600, according to Praveen Singh

RailTel Corp shares rise 4% on order wins worth ₹103-crore; details here

RailTel Corp shares rose 4 per cent after it landed orders worth over ₹103 crore from Panvel, Nashik civic bodies

Infosys gains on biggest-ever buyback plan; Mcap up ₹40,000-cr in 5 days

Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its Thursday closing share price

JBM Auto stock sees steepest gain in 3 months; stock soars 7% on this news

JBM Ecolife Mobility secured $100 million in long-term capital investment from the IFC to expand its electric bus operations in India

Markets extend winning streak amid India-US trade talk optimism

Nifty gained for the seventh straight session, closing above 25,000 for the first time since August 21, though the rally's pace was modest compared to April's strong surge

Investors subscribe Shringar House IPO 8.24 times offer size on day 2

The initial public offering of jewellery firm Shringar House of Mangalsutra Ltd got subscribed 8.24 times on the second day of share sale on Thursday. The IPO received bids for 14,02,95,060 shares against 1,70,16,000 shares on offer, as per data available with the NSE. The category for non-institutional investors fetched 14.81 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 9.62 times. Qualified Institutional Buyers (QIBs) part received 86 per cent subscription. Shringar House of Mangalsutra on Tuesday said it has garnered Rs 120.18 crore from anchor investors. The IPO, with a price band of Rs 155 to Rs 165 per share, will conclude on Friday. The Mumbai-based company's IPO is entirely a fresh issue of 2.43 crore equity shares, worth Rs 401 crore at the upper end of the price band, with no Offer For Sale (OFS) component. Proceeds from the fresh issue will be utilised for supporting working capital requirements of the company and general ...

Rupee slips to fresh low as traders turn focus to US CPI; ends at 88.44/$

Indian Rupee today: The domestic currency closed 34 paise lower at a new low of 88.44 against the greenback on Thursday

Fund review: ICICI Prudential Medium Term Bond Fund

Fund review: ICICI Prudential Medium Term Bond Fund

Forex matters: Will Rupee's fall below 88 against US dollar get worse?

With the Indian rupee near record low of 88.45/US dollar, investors are asking why and how far down the INR might go? Read this report to find out if the rupee will fall or rebound in months ahead

BSE, Angel One drop up to 5% on report of curbs on weekly derivatives

BSE stock fell as much as 4.26 per cent, the lowest level since September 3 this year, while Angel One stock tumbled 5.32 per cent

SpiceJet shares rise 5% as Carlyle settlement unlocks $89.5-mn liquidity

Buying in the SpiceJet stock came after the low-cost airline unlocked fresh liquidity of $89.5 million after a settlement with Carlyle Aviation Partners

Larry Ellison pips Musk briefly as world's richest after Oracle stock zooms

Ellison's wealth shot up 30 per cent on Wednesday -- the biggest one-day increase ever recorded -- while he has seen a 99 per cent increase in his wealth so far this year

Tega Industries shares drop 4% on plans to buy Molycop in $1.5 billion deal

Tega Industries fell 4 per cent after the company, along with Apollo funds, entered into a term sheet to acquire Molycop

Rupee trades weak with US CPI in focus; opens 3 paise lower at 88.13/$

Indian Rupee today: The domestic currency opened 3 paise lower at 88.13 against the greenback on Thursday, according to Bloomberg

Infosys buyback history: Stock gained up to 22% in 6 months post approval

Infosys shares have historically rebounded post buyback approvals over long term, rising 22 per cent over six months in 2021. Will this time be any different?

Muthoot, Manappuram can rally more despite up to 55% rise in 2025: Analysts

Shares of Muthoot Finance have surged 37.7 per cent so far in CY-25, while that of Manappuram Finance have rallied 54.6 per cent. Gold has surged 42 per cent in 2025

Sebi allows co-investment window inside alternative investment funds

Co-investment will allow an accredited investor to take direct exposure to the unlisted asset where the AIF is also investing

Fitch ups India FY26 GDP forecast to 6.9% from 6.5% on domestic demand

Global growth is now forecast to be 2.4 per cent in 2025, up 0.2 percentage points (pp) since June but a sizable slowdown from 2.9 per cent last year and below trend

Equity MF inflows drop 22% in Aug to ₹33,430 cr on lower NFO activity

Inflow in equity mutual funds dropped by 22 per cent to Rs 33,430 crore in August primarily due to a sharp fall in new fund offers (NFOs), data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 54th consecutive month of net inflows into the segment. According to the data, equity-oriented mutual funds witnessed an inflow of Rs 33,430 crore in August, a sharp decline from Rs 42,702 crore in the preceding month. Experts attributed the drop in inflows to lower new fund offers (NFOs). "The lower impact of new flow viz previous month roughly Rs 9,000 crore is to the extent of NFO's which were higher in July than August. Rest the flow momentum is steady and healthy," Akhil Chaturvedi, Executive Director and Chief Business Officer at Motilal Oswal Asset Management Company, said. "Given past trends, I was hoping for a higher SIP number which is now flat around Rs 27,000 crore. Broadly, Indian investors ...

Rupee ends flat amid low volatility, trade talk hopes; closes at 88.11/$

Indian Rupee today: The domestic currency closed 1 paise lower at 88.11 against the greenback on Wednesday, according to Bloomberg