Utkarsh Small Finance Bank Gets Board Nod For Rs 950 Crore Rights Issue Utkarsh Small Finance Bank Ltd has received approval from its board of directors to raise up to Rs 950 crore via a rights issue, according to an exchange filing on the Bombay Stock Exchange (BSE). This strategic move is expected to bolster […]
Runwal Developers IPO: A New Opportunity for Indian Investors Runwal Developers Ltd., a prominent real estate development company, has filed its preliminary papers with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO). The company aims to raise Rs 2,000 crore through the public offer, which will
Stock Market Holidays in October: All You Need to Know The Indian stock market will be closed on Thursday, October 2, on account of Gandhi Jayanti and Dussehra. According to the National Stock Exchange’s (NSE) holiday calendar, the stock market will remain shut on this day. This will be the first stock market holiday in
Navratri Stock Market Eludes D-Street: Understanding the Slump in Indian Equity Markets Navratri, often seen as an auspicious period for investors, has turned out to be a season of gloom for Indian equity markets for the fourth consecutive year. Since 2022, both the Sensex and Nifty have consistently ended the festival week in the red,
The US stock market witnessed a decline in momentum as President Donald Trump threatened to slash thousands of federal jobs, leading to a government shutdown. The S&P 500 erased its gains and edged lower, while the Nasdaq 100 struggled to hold onto its rally to a second-consecutive all-time high. Impact of Government Shutdown on US
Gold Prices Rally On Fed Cut Bets, US Shutdown Concerns: What Indian Investors Need To Know Gold prices have been on a five-day rally, reaching successive records, as the US government shutdown begins and traders add to bets on Federal Reserve interest-rate cuts. This rally has been supported by central-bank buying and rising holdings in
Oil Prices Rebound Ahead of OPEC+ Meeting: A Brief Overview Oil prices have edged higher on Thursday, after tumbling almost 7% over the previous three sessions, ahead of an OPEC+ meeting on the weekend that’s likely to see the return of more idled supply. Brent traded near $66 a barrel and West Texas Intermediate was
Global Chipmakers Add $200 Billion In Record Rally On AI Frenzy Global chipmakers saw their market value soar as investors rushed to get exposure to artificial intelligence, the latest sign of a frenetic bull run that is pushing tech stocks to all-time highs. The AI-Driven Bull Run The sector is being swept up by a
PC Jeweller Ltd has reported a strong performance in the second quarter of the 2025-26 fiscal, with revenue growing by approximately 63% year-on-year. The Delhi-based company, which has 52 showrooms, of which 49 are company-owned, also reduced its debt by 23% during the latest September quarter. Strong Demand for Gold Jewellery Drives Revenue Growth The
Commtel Networks IPO: A Rs 900 Crore Fundraising Bid Commtel Networks, a leading technology company specializing in designing, building, and implementing integrated telecommunication, security, and safety (iTSS) systems, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise Rs 900 crore via an initial public offering (IPO).