In US dollar terms, India's mcap has declined nearly 13 per cent from its peak and is down about 5.6 per cent on a year-to-date basis, marking the steepest drop among major global markets
However, the overlap is not high for the majority of the schemes. Only 13 of these schemes (excluding those with assets worth less than Rs 1,000 crore) have an overlap of over 52%, the report showed
Clean Max and Shree Ram Twistex fell up to 36 per cent on debut amid a global equities selloff, underscoring a turbulent year for India's primary markets and weak investor sentiment
President Donald Trump suggested to the Daily Mail the conflict could last for four more weeks, while posting that attacks would continue until US objectives were met
As rising liquidity stress crosses the psychologically important 100-day mark, experts weigh the real risks in smallcap funds
Sebi has overhauled valuation norms for mutual funds, requiring gold and silver holdings to be priced using domestic spot rates from recognised exchanges instead of LBMA-linked benchmarks
Nvidia on Wednesday forecast first-quarter revenue above market estimates, betting on Big Tech's unabated spending on its AI processors
Benchmark equity indices Sensex and Nifty pared early sharp gains to close marginally higher in a volatile session on Wednesday as the US imposing 126 per cent import duties on Indian solar goods dampened investor sentiment and triggered profit-taking. Retreating around 674 points from the day's high, the 30-share BSE Sensex finally ended 50.15 points or 0.06 per cent higher at 82,276.07. During the day, it jumped 731.99 points or 0.89 per cent to a high of 82,957.91. The 50-share NSE Nifty went up by 57.85 points or 0.23 per cent to settle at 25,482.50. It hit a high of 25,652.60 during the day, up by around 228 points from the last close. From the Sensex pack, HCL Tech, Tata Steel, Tata Consultancy Services, InterGlobe Aviation, Sun Pharma, Mahindra & Mahindra, Maruti Suzuki and Tech Mahindra were among the biggest gainers. TCS rose by 2.14 per cent after the IT services giant asserted that it was "not afraid" of artificial intelligence and is also fine with revenue ...
The initial public offering of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, was subscribed by 8 per cent on Wednesday, the first day of bidding. The IPO received bids for 15,63,738 shares against 1,89,09,890 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) quota received 13 per cent subscription, while the category for non-institutional investors was subscribed by 6 per cent. Retail Individual Investors (RIIs) portion received 6 per cent subscription. Omnitech Engineering on Tuesday raised over Rs 174 crore from anchor investors. The company's Rs 583-crore initial share sale will conclude on February 27. The price band has been fixed at Rs 216-227 per share, valuing the company at over Rs 2,800 crore. The IPO is a combination of fresh issuance of equity shares worth up to Rs 418 crore and an Offer For Sale component of equity shares valued at 165 crore by promoter Udaykumar Arunkumar Parekh. Proceeds from the fresh issue wil
The initial public offering (IPO) of fertility services provider Gaudium IVF and Women Health received 7.27 times subscription on the final day of share sale on Tuesday
Tokyo's Nikkei 225 rose 0.8 per cent and China's CSI 300 gained 1.3 per cent as markets there played catch-up after a holiday
The Dow Jones Industrial Average fell 1.44 per cent , the S&P 500 fell 1 per cent and the Nasdaq Composite fell 1.2 per cent
UPL shares tumble after rejig; brokerages flag holding company discount and limited value unlocking amid persistent debt overhang
Sebi has suspended a general manager over alleged misuse of position, with Chairman Tuhin Kanta Pandey stressing that the regulator will act firmly against any egregious behaviour by its staff
Regulator to revisit 2020 portfolio manager norms, tighten governance, curb mis-selling and explore exchange-based pre-ipo trading mechanism
Early grey market trends indicate cautious investor sentiment toward both Clean Max Enviro Energy and Shree Ram Twistex IPO
NSE IPO rekindles debate over exchange ownership, profit motive and Sebi's deep regulatory control
Trading was thinned in Asia with markets in Hong Kong, China and Taiwan closed for the Lunar New Year holiday, but MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 per cent
Santam Re has launched its GIFT City branch as an IFSC office, focusing initially on India's reinsurance market before expanding into broader Asian and Middle Eastern regions
A rally in gold and silver pushed MF investor additions to an 18-month high in January, with 1.2 million new investors joining and precious metal ETFs driving most folio growth