Meesho’s Rs 5,421 crore initial public offering drew heavy investor traffic on Thursday, with bids piling up more than three times the shares on offer by Day 2 and grey-market premiums hinting at a listing pop of over 40%, setting the stage for one of the year’s most closely watched debuts as investors weigh rapid…
Mumbai: India’s equity indices declined 0.5% on Friday, mirroring the overnight weakness on Wall Street, as concerns over the valuations of technology giants overshadowed strong earnings by Nvidia a day before. The NSE Nifty finished at 26,068, down 0.5%, or 124 points. The BSE Sensex ended at 85,231, down 0.5%, or 400 points. Nifty and…
The Indian market ended lower on Thursday, with Sensex and Nifty slipping after the U.S. Federal Reserve’s latest rate decision and cautious commentary from Chair Jerome Powell spooked global investors. The S&P BSE Sensex dropped 592.67 points, or 0.70%, to close at 84,404.46, while the NSE Nifty 50 declined 176.05 points, or 0.68%, to end…
Bengaluru-based brokerage FYERS has introduced Specialized Investment Funds (SIFs) on its platform, becoming the first stockbroking platform in India to make these SEBI-regulated products available to retail investors. The move expands access to institutional-grade investment strategies that were previously limited to high-net-worth investors. SIFs, introduced by SEBI in early 2025, are designed as a middle…
Indian shares advanced for a fourth session on Monday, with the Sensex climbing 0.5% and the Nifty closing above the 25,800 mark, as heavyweight Reliance Industries and HDFC Bank surged on post-results optimism. Gains were partly offset by profit-taking in ICICI Bank, which capped the broader rally. The S&P BSE Sensex surged 411.18 points, or…
The Indian market ended lower on Monday, with IT stocks leading the laggards, as renewed trade tensions between the U.S. and China dented risk appetite. The selloff followed U.S. President Donald Trump’s escalation of tariff threats after Beijing tightened curbs on rare earth exports. The S&P BSE Sensex declined 173.77 points, or 0.21%, to finish…
The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed foreign portfolio investor (FPI) inflows over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat sentiment, although Tata Consultancy Services (TCS) capped broader gains after reporting weaker-than-expected September-quarter results. The S&P BSE Sensex rose 328.72…
Antique on Oberoi Realty: Buy| Target Rs 2269| LTP Rs 1640| Upside 38% Antique on Oberoi Realty: The brokerage issued a Buy call with a target of Rs 2,269, offering a potential upside of 38% from the last traded price of Rs 1,640. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own….
Chakri Lokapriya calls SBI a clear buy at current valuation Source link
In the Nifty500 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 02, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day…