News

May 7, 2024

Sensex, Nifty 50 crack nearly 1% each; why is Indian stock market shaking?-Explained

The Indian stock market has been experiencing strong bouts of volatility in recent sessions, leaving investors perplexed. The India VIX index, which measures volatility in the […]
May 7, 2024

Why are infra and capital-goods stocks still in demand despite premium valuations?

A rally fuelled by robust fundamentals has led to a re-rating in the infrastructure and capital-goods sectors, pushing several stocks into what seems like overvalued territory. […]
May 7, 2024

Finelistings Technologies IPO: Issue booked 49% on day 1 so far; check latest GMP, subscription status, key dates, more.

Finelistings Technologies IPO has opened for subscription today (Tuesday, May 7), and will close on Thursday, May 9. The price band has been set at ₹123 per […]
May 7, 2024

Titagarh Rail stock jumps nearly 9% to 15-week high after Morgan Stanley initiates coverage, sees 24% upside

Titagarh Rail Systems, one of the largest freight wagon manufacturers in India, saw its shares zoom nearly 9% in today’s intraday to hit a 15-week high […]
May 7, 2024

Telcos submit bids to participate in spectrum auctions

Telecom operators Bharti Airtel, Reliance Jio and Vodafone Idea, have submitted their applications for participating in the upcoming spectrum auction scheduled for June 6, officials in […]
May 7, 2024

FMCG market poised for growth in FY25, says Britannia’s Varun Berry

The domestic fast-moving consumer goods (FMCG) market is poised to return to growth in FY25, Britannia’s executive vice-chairman and MD, Varun Berry said in a post-Q4FY24 […]
May 7, 2024

Petro products exports fall 11% in April

India’s exports of refined oil products fell by 11% in April to 1.21 million barrels per day, primarily due to the increase in the domestic demand […]
May 7, 2024

PLI for all could hurt competitive export sectors: Panagariya

To the extent India’s production-linked incentives (PLIs) are targeted at larger firms, rather than smaller, inefficient ones, these shouldn’t be equated with indiscriminate protection for domestic […]
May 6, 2024

Shah Capital urges Novavax shareholders to vote against three directors

May 6 (Reuters) – Hedge fund Shah Capital on Monday urged Novavax shareholders to vote against the re-election of three directors and proposals related to executive […]