The National Stock Exchange (NSE) is set to file its draft red herring prospectus for its maiden public issue, making it one of the biggest IPOs in India’s capital market history. The exchange is planning to list by November this year, between Navratri and Diwali.
The Indian government has temporarily restricted access to Telegram in an effort to prevent paper leaks during the upcoming re-examination of the National Eligibility-cum-Entrance Test (NEET-UG). The ban has sparked a debate on its effectiveness in preventing paper leaks.
Vedanta Aluminium’s market debut has been a mixed bag, with the company’s shares experiencing a significant decline. The sharp drop in aluminium prices after the Iran-US peace deal has impacted Vedanta Aluminium’s share price, which has fallen 14% in three days. However, the company’s strong contribution to group revenues and margins make it an attractive entity.
Indian refiners have sourced nearly six million barrels of crude oil from Nigeria’s SEEPCO, boosting energy security amid global uncertainty. The shipment highlights the importance of diversified supply sources in maintaining stable energy supplies.
The Indian government’s offer for sale (OFS) in General Insurance Corporation of India (GIC Re) received a strong response from investors, with the issue subscribed 3.72 times. The government will offer an additional 3% stake, expected to raise up to ₹3,075 crore.
The commodities stock market is experiencing a significant rally, with four stocks from the BSE commodities index reaching 52-week highs. Strong investor confidence and potential for further growth are driving this trend, which is expected to continue as the market rises.
Discover the top stock holdings of SBI Mutual Fund in May and their market impact. Learn about the fund’s allocation in HDFC Bank, ICICI Bank, RIL, SBI, and other key stocks.
Monarch Networth Capital is bullish on Indian equities, predicting the Nifty 50 to hit 27,000-28,000 by CY2026. The brokerage firm cites a recovery in corporate earnings and a favourable monetary policy environment as key drivers of growth. Explore the top stock picks and learn more about the opportunities in the Indian equities market.
Tata Motors Passenger Vehicles is poised to deliver industry-leading growth in FY27, driven by a robust pipeline of new launches and multi-powertrain offerings, as well as collaboration with Jaguar Land Rover. The company’s commitment to sustainability, safety, and customer delight will continue to drive its growth and success.
The Indian stock market rallied in early trade on Tuesday, driven by a positive trend in global markets and a decline in oil prices. The rally was led by major companies, including HCL Tech, Bajaj Finance, and Tata Consultancy Services. Learn more about the key drivers of the rally and its impact on the market.
