Indian Market

GSP Crop Science Submits IPO Papers for Rs 280 Crore Fresh Issue and Offer-for-Sale

GSP Crop Science Submits IPO Papers for Rs 280 Crore Fresh Issue and Offer-for-Sale

/ Indian Market /

GSP Crop Science, an agrochemical company based in Gujarat, has filed draft papers with SEBI to launch an initial public offering (IPO). The IPO will include a fresh equity issuance worth Rs 280 crore and an offer-for-sale (OFS) of 60 lakh shares by its promoters. Promoters Vilasben Vrajmohan Shah, Bhavesh Vrajmohan Shah, and Kappa Trust […]

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Nifty Falls 1,200 Points in 5 Days as US Fed's Hawkish Tone Rattles Markets

Nifty Falls 1,200 Points in 5 Days as US Fed’s Hawkish Tone Rattles Markets

/ Indian Market /

Indian markets extended their losing streak on Friday, with the Nifty 50 dropping 1,200 points over the past five sessions. The selloff has been driven by hawkish signals from the US Federal Reserve, heavy selling by Foreign Institutional Investors (FIIs), and concerns over high market valuations. Investors have also been worried about sluggish earnings growth,

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Amara Raja Energy & Mobility Shares Surge as Hyundai Adopts Made-in-India Battery Technology

Amara Raja Energy & Mobility Shares Surge as Hyundai Adopts Made-in-India Battery Technology

/ Indian Market /

Shares of Amara Raja Energy & Mobility jumped over 4% to touch Rs 1,275 in early trade on December 2 after the company announced a major collaboration with Hyundai Motor India. Hyundai will integrate AMARON’s Absorbent Glass Mat (AGM) battery technology into its domestic vehicle lineup. This development makes Hyundai the first Indian automaker to

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Six Entities Settle Front-Running Trade Case with SEBI for Rs 3.49 Crore

Six Entities Settle Front-Running Trade Case with SEBI for Rs 3.49 Crore

/ Indian Market /

Six entities, including Samir Kothari and Jitendra N Kewalramani, have settled a front-running trade case with the Securities and Exchange Board of India (SEBI) by paying Rs 3.49 crore in settlement charges. The case involved alleged front-running of trades on the National Stock Exchange (NSE) from January 2021 to October 2022. The other parties involved

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MTAR Technologies Shares Jump 6% on Securing Rs 226 Crore Orders

MTAR Technologies Shares Jump 6% on Securing Rs 226 Crore Orders

/ Indian Market /

Shares of MTAR Technologies surged by 6% on December 20 after the company announced new order wins worth Rs 226 crore. The latest orders come from the clean energy and aerospace sectors, highlighting the company’s growing presence in these high-potential industries. Out of the total, Rs 191 crore worth of orders were secured from Bloom

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Amber Enterprises Stock Rises 2% After Rs 210 Crore Block Deal

Amber Enterprises Stock Rises 2% After Rs 210 Crore Block Deal

/ Indian Market /

Shares of Amber Enterprises saw a 2% increase in early trade on December 20 following a significant block deal worth Rs 210 crore. Around 3.45 lakh shares, equating to a 1% stake in the company, were exchanged at an average price of Rs 6,075 per share, aligning closely with the stock’s previous closing price. However,

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Waaree Renewable Technologies to List Shares on NSE Following Board Approval

Waaree Renewable Technologies to List Shares on NSE Following Board Approval

/ Indian Market /

Waaree Renewable Technologies Ltd, a BSE-listed company, announced that its board of directors has approved the listing of its equity shares on the National Stock Exchange (NSE). This decision was made during a board meeting held on December 19. In an exchange filing, the company stated, “The board considered and approved the listing of its

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Godrej Industries Stock Falls 2% After 27.7 Lakh Shares Traded in Block Deal

Godrej Industries Stock Falls 2% After 27.7 Lakh Shares Traded in Block Deal

/ Indian Market /

Shares of Godrej Industries opened lower on December 19 after a significant block deal involving 27.7 lakh shares, representing 0.9% of the company’s equity, was executed at ₹1,164 per share. The transaction, valued at approximately ₹323 crore, saw the stock decline nearly 2% in early trading. The identities of the buyer and seller involved in

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Inventurus Knowledge Solutions Makes Strong Stock Market Debut with 43% Premium on NSE

Inventurus Knowledge Solutions Makes Strong Stock Market Debut with 43% Premium on NSE

/ Indian Market /

Inventurus Knowledge Solutions Ltd, a healthcare support services provider, made an impressive debut on the NSE on December 19, listing at ₹1,900 per share, a premium of 42.96% over its issue price. The company’s ₹2,498 crore IPO had garnered strong investor interest, being oversubscribed 52.68 times. With the successful listing, Inventurus Knowledge Solutions achieved a

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US Federal Reserve Lowers Rates by 0.25%, Plans Two Cuts in 2025

US Federal Reserve Lowers Rates by 0.25%, Plans Two Cuts in 2025

/ Indian Market /

The Federal Reserve reduced its benchmark interest rate by 0.25%, bringing it to a range of 4.25%-4.5%. This marks the third consecutive rate cut, reflecting the central bank’s cautious approach to monetary policy. However, the Fed has scaled back its expectations for further easing in 2025, now projecting only two additional cuts next year. The

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