Looking to make a quick buck? Strong IPO listing offers no guarantee of sustained gains

September 23, 2024

Investors eyeing quick profits from IPOs might benefit from selling newly-acquired shares soon after listing. Data shows that out of over 100 IPOs in 2023, many stocks failed to maintain their initial gains. Analysts suggest selling on the first day if shares hit the upper circuit for short-term gains.

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Gold poised for weekly loss as US delays decision on Middle East involvement

Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.

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Vanguard Group buys 1.1% stake in Vishal Mega Mart for Rs 655 crore

Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through

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