Shares of Msafe Equipments are commanding a strong premium in the grey market ahead of the company’s listing on the BSE SME platform, with the GMP currently at around 17%. At the issue price of Rs 123 per share, this implies an expected listing price of about Rs 144–145, though analysts caution that GMP is…
Amid the ongoing volatility and market-wide corrections, investors are grappling with the dilemma of where to allocate capital: largecaps, or the more volatile mid and smallcaps. Weighing in on this debate, Gurmeet Chadha, Managing Partner and Chief Investment Officer at Complete Circle Consultants, shared his perspective on X, urging investors to adopt a medium- to…
Berkshire Hathaway has raised the annual salary of its new chief executive Greg Abel to $25 million, a sharp jump from the $100,000 salary that Warren Buffett chose to draw for more than four decades while running the company, according to a Reuters report. The pay revision comes days after Buffett formally stepped down from…
Shares of Vikran Engineering surged 9.5% to touch Rs 110.35 on the BSE on Monday, December 29, after the company announced that it had accepted Letters of Award (LOAs) for solar power projects worth 45.75 MW AC capacity in Madhya Pradesh. The projects, granted under the PM KUSUM-C scheme by M.P. Urja Vikas Nigam Limited,…
Stop-loss: Rs 570 Target: Rs 665 The stock is in a clear uptrend, consistently forming higher highs and higher lows. After a brief consolidation phase, it has delivered a fresh breakout supported by strong volume, indicating renewed buying interest. The bullish setup is further confirmed as the price is trading above all major EMAs of…
The Securities and Exchange Board of India (Sebi) on Wednesday doubled the monetary threshold for the simplified documentation process for issuing duplicate securities to Rs 10 lakh from Rs 5 lakh. The Sebi move follows a consultation paper the market watchdog issued in November to ease investor compliance and remove inconsistencies. The regulator said the…
Nifty ended its four-day losing streak on Friday aided by strong buying action in auto, energy and financial stocks. The Nifty has witnessed a breakout from a falling wedge pattern, indicating improving market sentiment. Commenting on the current trends, Rupak De, Senior Technical Analyst at LKP Securities, said the index reclaimed the 21-day EMA on…
Promoter selling surged to record levels in 2025, crossing Rs 1.5 lakh crore and surpassing last year’s peak of Rs 1.43 lakh crore. While the sharp rise has raised concerns among some investors, market veterans say the trend is more nuanced than the headline number suggests. This is the third straight year in which promoter…
Nifty snapped its four-session losing streak on Friday but still closed the week with a decline of 0.3%. Trading activity is expected to remain subdued across major global markets due to the extended Christmas holiday, even as Indian markets will be shut for just one day on Thursday, December 25. However, when domestic markets resume…
Shares of PB Fintech fell as much as 5.8% to an intraday low of Rs 1,813.05 on the BSE on December 16, following reports of potential regulatory tightening around insurance agent commissions. The move comes amid broader industry concerns over the implications of the proposed Insurance Bill 2025 on digital insurance marketplaces and intermediaries. According…