Market update

Stay updated with latest events happening in Stock Market.

IPO calendar next week: 2 new issues, 6 listings to close out a robust year of primary market

Indias IPO market ends 2024 on a high note with two IPOs—Indo Farm Equipment and Technichem Organics—closing out a record year, raising Rs 1.3 lakh crore. Six listings, including four mainboard, are also slated for the week ahead.

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December, 28 2024 16:30 PM

Mid-sized bank stocks tank in 2024 on asset quality, profitability concerns

Shares of small and mid-sized banks in Nifty Bank index plummet due to unsecured loans, weak earnings, and asset quality concerns.

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December, 28 2024 16:30 PM

Mazagaon Dock, HAL or BEL?: Which defence stock should dominate your 2025 watchlist

The surge in defence stocks isn’t confined to public-sector giants. India’s private sector is gaining traction, offering innovative technologies that could redefine the investment landscape.

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December, 28 2024 13:30 PM

Credila Financial Services plans to raise ₹5,000 cr via IPO

Credila Financial Services plans IPO exceeding ₹5,000 crore in 2025 after ownership restructuring and strong financial performance in FY24.

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December, 28 2024 13:30 PM

Cochin Shipyard bags Adani Ports tug boat order, deal value estimated at ₹450 crore

Adani Ports and SEZ ordered eight new tug boats from the Indian shipbuilder Cochin Shipyeard on December 27. Adani Group eyes to expand its tug boat fleet to 152 after the estimated delivery date upper limit of August 2028, as per the BSE filing.

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December, 28 2024 13:30 PM

How New launch IPO hits the market Industry

Money makes money is an old saying. Companies need money to grow. And to grow, companies need constant liquidity. One simple way to do that is to raise funds from the market through an Initial Public Offering. Borrowing from the market and the general public often becomes an obvious choice for a growing company that […]

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December, 28 2024 13:06 PM

F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.

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December, 28 2024 12:06 PM

NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

The fund will be available for investment from January 9, 2025, to January 25, 2025. It aims to primarily invest in sectors that support and thrive on the growth of rural India.

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December, 28 2024 12:06 PM

Retail focus shifts to mutual funds as cash market turnover wanes

Stock market turnover shows signs of revival as retail investors shift focus to mutual funds over direct stock investments.

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December, 28 2024 12:06 PM

F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.

Read more

December, 28 2024 11:48 AM

NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

The fund will be available for investment from January 9, 2025, to January 25, 2025. It aims to primarily invest in sectors that support and thrive on the growth of rural India.

Read more

December, 28 2024 11:48 AM

Retail focus shifts to mutual funds as cash market turnover wanes

Stock market turnover shows signs of revival as retail investors shift focus to mutual funds over direct stock investments.

Read more

December, 28 2024 11:48 AM

NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

The fund will be available for investment from January 9, 2025, to January 25, 2025. It aims to primarily invest in sectors that support and thrive on the growth of rural India.

Read more

December, 28 2024 10:30 AM

F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.

Read more

December, 28 2024 10:30 AM

Retail focus shifts to mutual funds as cash market turnover wanes

Stock market turnover shows signs of revival as retail investors shift focus to mutual funds over direct stock investments.

Read more

December, 28 2024 10:30 AM

Year-ender 2024: Key insights and takeaways for stock market investors

In 2024, global markets were shaped by central bank policies, especially the U.S. Federal Reserve’s rate cut. Indian market trends saw FIIs as net sellers and DIIs as strong supporters. Notable sector performances included surging Realty, Pharma, and Consumer Durables alongside declines in Media. Midcap and Smallcap stocks outperformed large-cap indices.

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December, 28 2024 07:30 AM

New Year Picks 2025: 9 Quality Stocks with up to 31% upside potential by Axis Securities

We continue to believe in the long-term growth story of the Indian equity market. However, with current valuations offering limited scope for further expansion, an increase in corporate earnings wi…

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December, 28 2024 07:30 AM

India’s CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge: Report

India’s Current Account Deficit (CAD) is projected to exceed 2 per cent of GDP in Q3 FY25 due to rising gold imports. Despite this, resilient services exports and remittance inflows should keep the overall CAD within 1.2-1.5 per cent of GDP for FY25.

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December, 28 2024 07:30 AM

Mortgage financiers turn to affordable housing in hunt for higher yields, growth

The affordable housing loan market in India is estimated to be ₹13 trillion, with Housing Finance Companies (HFCs) constituting ₹6.9 trillion and banks having a share of ₹6.2 trillion

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December, 28 2024 04:30 AM

Remittances via payment vehicles plunge as KYC norms get tougher

Intra-country remittances have decreased by nearly 25-30% in November and December. This follows new RBI guidelines that require banks to keep detailed records of recipients. Payment firms are struggling with the changes. The domestic remittances industry is expected to stabilize in another quarter. Delhi, Mumbai, Indore, Rajasthan, and Gujarat are major sources of remittances.

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December, 28 2024 04:30 AM

IndiQube DRHP: A Look At The Shareholding Pattern & Key Leaders

Anshuman Das, one of the promoters of IndiQube, is the largest shareholder with a 25.15% stake in the company on a fully diluted basis

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December, 28 2024 04:30 AM

Buy, Sell Or Hold: Tata Steel, NTPC, Sula Vineyards, Waaree Energies — Ask Profit

Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of Waaree Energies, NTPC, Aarti Industries, Samvardhana Motherson among others.

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December, 28 2024 01:30 AM

Focus on capacity enhancement of IAF as China unveils two’6th Gen’ fighter jets

India’s air force faces hurdles due to delays from major defense suppliers, hindering the replacement of MiG 21 jets and the delivery of Russian S400 systems. Supply chain disruptions and slow progress in indigenous defense programs exacerbate the issue, while China advances its ‘Sixth Generation’ fighter jets.

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December, 28 2024 01:30 AM

Remittances via payment vehicles plunge as KYC norms get tougher

Intra-country remittances have decreased by nearly 25-30% in November and December. This follows new RBI guidelines that require banks to keep detailed records of recipients. Payment firms are struggling with the changes. The domestic remittances industry is expected to stabilize in another quarter. Delhi, Mumbai, Indore, Rajasthan, and Gujarat are major sources of remittances.

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December, 28 2024 01:30 AM

CAD surprises with a moderate deficit

India’s current account deficit slightly decreased to 1.2% of GDP in Q2 FY2025 from 1.3% a year ago, supported by higher services income and remittances, amidst a rising trade deficit. The primary income account net outgo decreased, while foreign exchange reserves hit new highs.

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December, 27 2024 22:30 PM
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