Global markets: US stocks rise ahead of Fed monetary policy decision
US stock indices opened higher on Wednesday ahead of the year’s last Federal Reserve monetary policy decision. The Fed is widely expected to leave interest…
Finance
For PI Industries, new competition, demand concerns play spoilsport
PI Industries Ltd’s shares have fallen by about 11% in the past two trading days. With this, the returns in the stock are flattish for…
Fund flow today | FIIs buy stocks worth ₹4,710.86 crore, DIIs offload ₹958.49 crore shares
Indian equity indices pared losses to end slightly higher on Wednesday ahead of the US Federal Reserve’s interest rate decision. Foreign institutional investors (FIIs) sold stocks…
Adani Group stocks retreat: Six close in the red amid profit booking; details here
After an impressive surge over the last few trading sessions, Adani Group stocks experienced a downturn in today’s trading session (Wednesday) due to profit booking. …
DOMS Industries IPO: Issue subscribed 5.72x on Day 1, retail portion booked 19.16 times
The initial public offering (IPO) of DOMS Industries had sailed through within just one hour of its opening. The public issue was oversubscribed over 5.72…
India Shelter Finance IPO: Issue fully booked on Day 01; retail, NII portions oversubscribed
India Shelter Finance saw its initial public offering (IPO) receive a healthy response from retail investors on the first day of bidding. The IPO opened…
Denta Water and Infra Solutions files DRHP with SEBI to raise funds via IPO
Bangalore-headquartered Denta Water and Infra Solutions have submitted draft red herring prospectus (DRHP) documents to the Securities and Exchange Board of India (SEBI) to initiate…
Sensex, Nifty hit multiple peaks in December: 5 tips to handle your portfolio in a bull run
After hitting multiple record highs in December and crossing many milestones, the Indian benchmark indices were muted in trade today, December 13, ahead of the…
Medi Assist gets SEBI approval to raise funds through IPO
Medi Assist Healthcare Services gets Securities and Exchange Board of India (SEBI) approval to raise funds through initial public offering (IPO). According to DRHP, it is…
PI Industries stock down 11.2% in two sessions; here’s why
Shares PI Industries faced significant downward pressure in the last two trading sessions, witnessing an almost 11.2% decline from ₹3,869 to ₹3,426 apiece. This downturn…