Category: Stock

TechD Cybersecurity, backed by marquee investor Vijay Kedia, is planning to launch its IPO next week. The Rs 40 crore public offer will open for subscription on September 15 and close on September 17. The company has fixed a price band of Rs 183-193 per share, where investors can bid for 600 shares in one […]

BSE Managing Director and CEO Sundararaman Ramamurthy says India’s economy is on a solid growth path, and equity markets are set to benefit from strong domestic participation despite foreign outflows. Speaking to ET Now, Ramamurthy highlighted that India’s GDP growth of 7.8% in the last quarter reflects rising demand and effective policy reforms, including GST, […]

Investor appetite for Adani Ports and Special Economic Zone (ADSEZ) and JSW Infrastructure (JSWI) remains strong, according to Jefferies’ latest investor feedback on the ports and logistics sector. The brokerage noted, “We find investor interest elevated in Adani Ports (ADSEZ) and JSW Infra (JSWI). Investors appreciate ADSEZ’s diverse asset base and logistics expansion plans, given […]

European shares were steady on Tuesday, as initial euphoria from a raft of merger deals in the region partially outweighed political uncertainty in France following Prime Minister Francois Bayrou‘s ouster in a no-confidence vote. The pan-European STOXX 600 was up 0.1% at 552.69 points, as of 0707 GMT, with basic resources leading sector gains with […]

A penny stock on Wall Street, Eightco Holdings, surged over 3,000% in a single trading session on Monday, September 8, after announcing plans to acquire digital tokens backed by OpenAI’s Sam Altman and naming Wall Street analyst Dan Ives as its new chairman. Shares peaked at 5,632% before some gains were trimmed, ending the day […]

BENGALURU- India’s Securities Appellate Tribunal on Tuesday ordered the markets regulator to file a response within three weeks explaining why it cannot disclose additional documents in the Jane Street case. The tribunal also directed the Securities and Exchange Board of India to pause any personal hearings with the trading firm until the matter is heard […]

Morgan Stanley is bullish on two Aditya Birla Group retail companies, with the brokerage on Tuesday initiating coverage of Aditya Birla Lifestyle Brands Ltd (ABLBL) with an “Overweight” rating and upgrading Aditya Birla Fashion and Retail Ltd (ABFRL) to the same, saying both were poised for valuation re-ratings as fundamentals improve. Birla Lifestyle: A defensive […]

Hong Kong stocks hit four-year highs on Tuesday, buoyed by expectations of an imminent U.S. rate cut, but the rally in China took a breather as a tumble in chipmaking giant SMIC soured sentiment. The Hang Seng Index rose 0.8% by the lunch break, after touching the highest level since late October, 2021. Both China’s […]

As of September 8, futures open interest (OI) saw a notable surge in eight stocks from the NSE F&O pack, contributing to a total increase of over 5% compared with the previous session. A significant rise in futures OI indicates growth in the number of active, unexpired contracts for a security. This trend reflects greater […]

Shares of Godrej Consumer Products Ltd (GCPL) are likely to be in the spotlight on Tuesday after the company announced that its material subsidiary, PT Godrej Consumer Products Indonesia, has commenced construction of a new manufacturing site at Kendal, Indonesia. The project involves an investment of approximately Rs 250 crore, signalling a strategic expansion in […]