Workspace solutions provider IndiQube files DRHP for Rs 850 crore IPO
IndiQube Spaces has filed for an IPO to raise Rs 850 crore. This includes a fresh equity sale of Rs 750 crore and an offer for sale of Rs 100 crore. The proceeds will fund new centers, repay debt, and other corporate needs. IndiQube manages 103 centers across 13 cities. ICICI Securities and JM Financial […]
Unimech IPO subscribed 9 times on Day 2. Check GMP, review, other details
The IPO of Unimech Aerospace saw a robust response, with a subscription of 9.08 times by the second day. The issue includes fresh equity and OFS taking the total to Rs 500 crore. The funds will support capital expenditures and working capital. The IPO price is Rs 745-785 per share.
Tech View: Nifty chart shows bearish RSI crossover. What should traders do on Thursday?
Sensex and Nifty ended with minor declines on Tuesday, pressured by IT and bank stocks. The Sensex fell 0.09% to 78,472.87, while Nifty dropped 0.11% to 23,727.65. Nifty breached the critical 200-DMA support, indicating further downside potential. Analysts highlight the negative crossover on the momentum indicator and a weak advance-decline ratio, signaling bearish sentiment.
Angel One shares sink 14% in 2 weeks. More pain ahead?
Angel One shares have experienced a significant correction, dropping nearly 14% over the past two weeks and 8% in the last week. After reaching a recent high of Rs 3,500, the stock is now trading around Rs 2,900.
Earnings weakness to persist through Q3, but strong balance sheets set India up for 2025 growth: Sanjay H Parekh
So, what we think is that the price correction is largely done. We could see small bit here and there, maybe around 23,500 but then the risk return gets favourable, but the time correction can happen because markets would look at Q3 earnings which are going to be weak as we see right now. And […]
2 top stock recommendations from Vinay Rajani
So, yes, there is a breadth improvement in the market and that is why I am expecting market to recover from here and the stop loss should be at 23,650 in spot.
Stock market holidays 2025: BSE, NSE release holiday calendar. Check full list
NSE BSE Holidays 2025: Exchanges have announced their 2025 trading holiday schedules, detailing 14 non-trading days. Key closures include Mahashivratri, Holi, Eid, Independence Day, and Diwali. Certain holidays coincide with weekends. Investors can find the detailed calendar on the official BSE and NSE websites.
Sagility India shares soar 5% after JP Morgan initiates coverage, sees 16% upside potential
Sagility India share price: Sagility India shares surged 5% after JPMorgan initiated coverage with an “Overweight” rating and a target price of Rs 54, projecting a 16% upside. The company’s strong positioning in healthcare outsourcing ensures stable growth and high EBIT margins.
Vedanta shares tumble nearly 3% as stock trades ex-dividend today
Vedanta shares fell 2.6% as they traded ex-dividend on December 24. The company announced an Rs 8.5 per share interim dividend for FY25, bringing the total payout to Rs 16,798 crore. Vedanta reported a Rs 5,603 crore profit for Q3 FY24 despite a 4% decline in revenue.
Trent’s long-term prospects remain robust despite recent corrections: Neeraj Dewan
The PSU banks they have also seen couple of quarters where the NPA inched up again and then last quarter was a little better for some of the PSU banks, the large ones like State Bank, or even the other banks like Union Bank, J&K Bank, they showed decent numbers last quarter.