Stock News
Mint Primer: AI-positive? How Trump may grow India’s IT business
Factors that have combined to improve the outlook for the $260-billion IT services sector include rate cuts and rising discretionary spending in the US, the largest market for IT services. President-elect Donald Trump’s Artificial Intelligence (AI) plans are also of interest.
2 min read05:30 AM ISTAsian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap
Asian stocks are set to follow the positive lead from Wall Street where a rally in the world’s largest technology companies drove stocks to fresh all-time highs.
3 min read04:26 AM ISTUpcoming IPOs: Blackstone-owned International Gemological Institute, Ventive Hospitality, and five others get SEBI nod
Upcoming IPOs: Carraro India Limited, Trualt Bioenergy Limited, and Smartworks Coworking Spaces Limited are among four other companies to receive the final approval for their IPOs.
6 min read2 Dec 2024Suraksha Diagnostic IPO booked 25% on Day 2; check latest GMP, subscription status & other details
Suraksha Diagnostic IPO continues to receive a flat response after Day 2 of public subscription. The public offer is set to open for its final day of bidding on December 3; shares are expected to be listed on Friday, December 6.
1 min read2 Dec 2024Swiggy to take 10-minute Bolt food delivery to tier 2 and 3 cities; Roorkie, Patna & Nashik on list
Food delivery platform Swiggy is expanding its express delivery Bolt business to tier 2 and 3 cities such as Roorkie, Guntur, Warangal, Patna, Jagtial, Solan, Nashik and Shillong. The company’s shares closed higher in Monday’s trading session.
2 min read2 Dec 2024Ganesh Infraworld IPO booked over 21x on second bidding day so far led by retail investors; check GMP, other details
Ganesh Infraworld IPO, priced between ₹78 and ₹83, is open until December 3. With a focus on infrastructure projects across India, the company has reported impressive financial growth. As of day 2, the IPO subscription status is 21.53 times, with strong demand from retail investors.
2 min read2 Dec 2024Indian stock market: Experts stay optimistic despite Q2 GDP shock, recommend THESE key sectors and stocks to buy
India’s GDP growth rate for Q2FY25 was 5.4%, the lowest in nearly two years, down from 8.1% last year. Despite this decline, experts remain optimistic due to signs of private consumption recovery. The stock market showed resilience, with healthy gains following initial selling pressure.
6 min read2 Dec 2024Abha Power and Steel IPO allotment to be out soon: Here are steps to check status online, GMP as focus shifts to listing
Abha Power and Steel IPO: The offer that closed for subscription on 29 November will see allotment to be out soon. Here are steps to check status online as focus shifts to listing
2 min read2 Dec 2024Stock market today: Sensex, Nifty 50 stage smart rebound, jump 0.6%; cement & realty stocks lead gainers
The Nifty 50 ended the session with a gain of 0.60 per cent, ending at 24,276 points, while the Sensex closed at 80,248 points, up 0.54 per cent compared to the previous closing price. Among sectoral indices, Nifty Realty emerged as the top performer, gaining 3.04 per cent.
4 min read2 Dec 2024FPI selling spree slowed in November; will inflows pick up in the coming months?
In November, FPIs continued to sell off Indian stocks, withdrawing ₹39,315 crore, though the pace slowed from October’s record ₹94,000 crore. For the full calendar year, FPIs invested ₹1,03,601 crore in the primary market and withdrew ₹1,18,620 crore through stock exchanges.
2 min read2 Dec 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared