Flipkart Exits Aditya Birla Lifestyle Brands via Rs 998-Crore Block Deal E-retail platform Flipkart has pared its entire stake in Aditya Birla Lifestyle Brands Ltd. (ABLBL) through a block deal worth Rs 998 crore, as per NSE data on Monday. This move is part of the company’s realignment strategy as the Walmart-owned e-commerce giant looks […]
WeWork India IPO: A Comprehensive Overview WeWork India Management Ltd.’s initial public offering was bid 13% on its second day of subscription on Monday, marking a significant development in the company’s efforts to raise funds through the sale of equity. In this article, we will delve into the details of the IPO, including the subscription
UBS Downgrades UBS Downgrades Nykaa To ‘Neutral’: What Does This Mean For Indian Investors? After a stellar run so far in 2025, global financial services firm UBS has downgraded beauty and fashion platform Nykaa-parent FSN E-Commerce Ventures Ltd. to ‘neutral’, citing limited upside at current valuations. The stock has gained over 40% year-to-date, significantly outperforming
US Stocks Reach New Heights as AI Frenzy Continues A rally in chipmakers has sent US stocks to fresh all-time highs, with Advanced Micro Devices Inc.’s deal with OpenAI adding fuel to the artificial intelligence frenzy that has powered the bull market. The S&P 500 has risen for a seventh straight day, its longest winning
Oil Prices Rise In Relief Rally As OPEC+ Agrees Modest Production Hike Oil gained after OPEC+ agreed to raise production by a modest amount, staving off traders’ fears of a super-sized increase. West Texas Intermediate topped $61 a barrel, following a 7.4% slump last week. On Sunday, the Organization of the Petroleum Exporting Countries and
Reliance Power and Reliance Infra Receive SEBI Show Cause Notices: A Detailed Analysis Anil Ambani group companies Reliance Power Ltd. and Reliance Infrastructure Ltd. have received show cause notices from the Securities and Exchange Board of India (SEBI) for alleged fraudulent practices. In this article, we will delve into the details of the notices, the
Japanese Shares Extend Rally to New Record Japanese shares extended their rally after the election of a pro-stimulus lawmaker as the country’s next leader sent the yen sliding and drove up yields of long-tenure bonds. The Nikkei index gained 0.6% to a new intraday peak, following a 4.8% jump on Monday. Asian artificial intelligence and
Gold Prices in India: A Stable Haven Above Rs 1,20,000 Gold prices today were trading at a stable level above the Rs 1,20,000 mark, amid the festive season. Gold price today stands at Rs 1,20,440 according to the India Bullion Co. The previous high that the yellow metal hit was on Sept. 23, when the
Stocks to Watch Today: Bank of India, Tata Motors, GRSE, HCLTech, Glottis Bank of India, Tata Motors Ltd. and Garden Reach Shipbuilders & Engineers Ltd. are some of the stocks that will catch investor’s attention on Monday. Shares of Glottis Ltd. and Fabtech Technologies Ltd. will also be in focus as they list on the
Stock Market Today: Nifty 50 and Sensex Extend Winning Streak The benchmark indices on Monday extended their winning streak for the third consecutive session, with the Nifty 50 closing 0.74% higher at 25,077.65 and Sensex closing 0.72% higher at 81,790.12. The foreign portfolio investors on Monday stayed net sellers of Indian shares for the 10th