The US Federal Reserve has cut interest rates by 25 basis points, bringing the benchmark range down to 4.00–4.25%.
Solarworld Energy Solutions raised ₹220.5 crore from anchor investors ahead of its initial share-sale opening for public subscription
Euro Pratik Sales IPO listing was significantly above the grey market expectations, as the company's unlisted shares were trading at around ₹257 per share before the debut
India's $283 billion IT sector, which generates about 57 per cent of its total revenue from the US, has long gained from American work visa programmes and outsourcing of software and business services
Markets regulator Sebi on Friday simplified the process of transferring securities from a nominee to the legal heir. Currently, when a nominee transfers securities to a legal heir, the transaction may sometimes be treated as a "transfer" and assessed for capital gains tax. However, under Section 47(iii) of the Income Tax Act, 1961, such transmission is exempt and should not attract tax. While the nominee can claim a refund later, this causes unnecessary inconvenience. To resolve this, a Working Group consulted the Central Board of Direct Taxes (CBDT) and recommended the use of a new reporting code "TLH" (Transmission to Legal Heirs). This code will help ensure such transfers are correctly reported and not taxed as capital gains. "It has been decided that a standard reason code viz. "TLH" shall be used by the reporting entities while reporting the transmission of securities from nominee to legal heir, to the CBDT so as to enable proper application of the provisions of the Income Tax
In the mainboard segment, nine IPOs are scheduled to open, targeting a combined fundraising of over ₹5,464 crore
Vodafone Idea stock was trading at ₹8.34, up around 6.4 per cent against the previous session's close of ₹7.84 on the NSE
Saatvik Green Energy IPO includes a fresh issue of 15.05 million equity shares totaling ₹700 crore and an offer for sale (OFS) of 4.3 million equity shares totaling ₹200 crore
Long build up is seen in the Midcap Nifty Futures where Open interest rose by 6 per cent along with a price rise of 0.60 per cent
Sensex and Nifty rose to 10-month highs after the Fed's 25 bps cut, with IT and pharma leading gains amid optimism over India-US trade talks and stronger FPI inflows
Natco Pharma stock was trading at ₹884.5, up 3.2 per cent compared to the previous session's close of ₹857.25 on the NSE
GK Energy IPO will be available at a price band of ₹145 to ₹153 per share, with a lot size of 98 shares
Nalco share price today: YES Securities values the company at 6x H1FY28E EV/Ebitda and arrives at a target price of ₹247
Ivalue Infosolutions IPO: The company aims to raise ₹560.29 crore through an offer for sale of 18.7 million equity shares
Bharti Airtel continues to display a strong price structure, sustaining its steady uptrend, while SBI has registered a breakout after consolidating in a narrow range for nearly five months
Atlanta Electricals aims to raise ₹687.34 crore through a combination of fresh issue of 5.3 million equity shares and an OFS of 3.8 million equity shares
Saatvik Green Energy IPO is available at a price band of ₹442-465 per share, with a lot size of 32 shares
VMS TMT raised ₹26.73 crore from anchor investors by allotting 2.7 million shares at ₹99 per share to five anchor investors
With Dussehra and Diwali in October 2025, followed by the wedding season, we expect the benefits of pent-up demand to be fully captured during Q3FY26, says Agrawal
Private investment firm Madison India Capital on Tuesday exited Star Health and Allied Insurance by divesting its entire 1.15 per cent stake in the company for nearly Rs 299 crore through an open market transaction. Madison India Capital through its affiliate MIO Star offloaded 67.72 lakh equity shares, representing a 1.15 per cent stake in Chennai-based health insurer Star Health and Allied Insurance, as per the bulk deal data available on the NSE. The transaction was valued at around Rs 298.67 crore, and was executed at a price of Rs 441.01 apiece. Meanwhile, PI Opportunities AIF V LLP, an affiliate of Premji Invest, bought 45.35 lakh shares or 0.77 per cent stake for Rs 200 crore. The shares were acquired at an average price of Rs 441 apiece. Details of the other buyers of Star Health and Allied Insurance's shares could not be ascertained on the exchange. Shares of Star Health and Allied Insurance rose 1.67 per cent to close at Rs 450 apiece on the National Stock Exchange (NSE