Zomato shareholders approve Rs 8,500 crore QIP plan

Zomato shareholders have overwhelmingly approved a plan to raise ₹8,500 crore ($1 billion) through a new share sale. The move aims to bolster the Indian food delivery giant’s finances amid fierce competition in the rapidly expanding quick-commerce sector.

Concurrent Gainers: 10 midcap stocks that gain for 5 days in a row

In the last five trading sessions preceding November 22, the Sensex index rose by approximately 1.84%, or 1,426 points, closing at 79,117, with gains recorded in just two of those sessions. Despite the market’s volatility, ETMarkets identified 10 stocks from the BSE midcap index that experienced consistent price increases during this period. (Data Source: ACE […]

Market has bottomed out for 2024, expect gradual recovery ahead: Sandip Sabharwal

Sandip Sabharwal believes that the positive outcome of the Maharashtra election, with the ruling party securing a larger mandate, could boost market confidence. This result suggests public approval of economic policies and potential for continued growth. Coupled with the market’s recent dip, Sabharwal suggests this could signal a bottom for 2024, paving the way for […]

How daily Neti and yoga shape the leadership approach of LIC Mutual Fund AMC’s MD & CEO

Ravi Kumar Jha, MD & CEO of LIC Mutual Fund AMC, exemplifies the synergy between wellness and leadership.In this exclusive interview with ETMarkets, he shares how integrating practices like Neti, yoga, and meditation into his daily routine not only enhances his physical and mental well-being but also sharpens his decision-making and leadership abilities.His holistic approach […]

IPO Calendar: 6 new issues, 4 listings on investors’ radar next week

Six new public offers are gearing up to launch in the SME market segment next week, with no new IPOs on the mainboard. These include Rajesh Power Services, Rajputana Biodiesel, Abha Power and Steel, Apex Ecotech, Agarwal Toughened Glass, and Ganesh Infraworld. Additionally, four companies, including Enviro Infra Engineers and NTPC Green, will be listed […]

NTPC Green IPO allotment soon. Check status, GMP, listing date and other details

NTPC Green IPO share allotment is expected to be finalized on Monday, with shares being allotted via lottery. The IPO received a subscription of nearly 2.4 times. Listing is anticipated for November 27, with an unofficial premium of Rs 1.5 in the unlisted market. Proceeds from the IPO will fund subsidiary investments, debt repayment, and […]

Fed rate cuts triumph over Trump’s economic policies: A defining market battle

The Federal Reserve’s rate cuts are poised to shape the U.S. and global economies, potentially overshadowing the impact of Donald Trump’s economic policies. Despite short-term market fluctuations, the Fed’s focus on stability and addressing fiscal challenges is expected to have a more lasting influence on markets, including the USD/INR, EUR/USD, and GBP/USD.

3 top stock recommendations from Rajesh Palviya for next week

Indian stock markets witnessed a strong rally, breaking above key resistance levels. Analysts are optimistic about the upward momentum, predicting further gains in Nifty and Bank Nifty, driven by positive sector trends and short-covering. IT, pharma, and real estate sectors are expected to outperform, presenting attractive trading opportunities.