NSDL aims to launch Rs 3,000-cr IPO by next month: Official
Depository firm NSDL is targeting to launch its much awaited Rs 3,000-crore initial public offering (IPO) by next month, a senior official said on Thursday. As a market infrastructure institution (MII), National Securities Depository Ltd (NSDL) also needs other approvals apart from the draft red herring prospectus, the official said, adding that it is this […]
Tata Steel picks 191 cr shares in Singapore arm TSHP for USD 300 million
Tata Steel on Thursday said it has acquired over 191 core equity shares of T Steel Holdings Pte Ltd for USD 300 million (Rs 2,603.16 crore). T Steel Holdings Pte.Ltd (TSHP) is the Singapore-based arm of home-grown steel giant Tata Steel.
Order momentum offers hope for Sonata amid short-term demand issues
Sonata Software’s stock dropped 24% in two weeks due to weak Q3 results, impacted by a key client ramp-down. Analysts expect continued short-term pressure but foresee a turnaround in H2 FY26 as order bookings improve. Client concentration remains a concern.
Vedanta demerger receives approval from shareholders and creditors
The demerger seeks to establish five independent, globally scaled companies specializing in aluminium, iron ore, copper, oil and gas, and power generation. This restructuring aims to streamline operations, improve efficiency, and enable Vedanta’s management to focus on individual business segments. By optimizing asset utilization and capital allocation, the move is expected to enhance overall business […]
Incumbent auto companies poised to lead India’s EV transition: Raunak Onkar
The second advantage for incumbents, at least in India, is they have a long history of after sales for their existing vehicles and that has to translate to the EV as well.
Hemang Jani on market recovery, sector trends, and investment opportunities
Hemang Jani, an independent market expert shares his insights on the broader markets showing signs of recovery, investors are closely watching sectoral movements and stock-specific opportunities. From the power sector’s correction to capital goods and defence stocks gaining traction, key insights suggest where market stability and growth may emerge. Here’s a look at the trends […]
Rahul Sharma’s 2 top stock bets from metal sector for near term
In fact, Bank Nifty has not really broken the previous month’s lows, so in fact it has held higher as compared to Nifty in the last few trading sessions.
Should you buy infra, defence, PSU themes amid lower FY25 GDP projections, flat FY26 capex? Nikhil Rungta of LIC MF recommends this
Another key factor is the maturing investor mindset, where market cycles are better understood, leading to fewer panic-driven redemptions. Mutual funds, in particular, have gained significant trust, supported by investor awareness initiatives that emphasize long-term wealth creation.
Tariff threats: What will happen if the other side does not play ball the way President Trump wants to? Arvind Sanger explains
Arvind Sanger, Managing Partner at Geosphere Capital Management, suggests that President Trump’s tariff threats are likely negotiation tactics rather than economic destruction tools, which keeps the market optimistic. The market’s rise this year is broader-based, signifying widespread economic confidence. Fed minutes indicate inflation has plateaued, and future actions depend on economic data and geopolitical developments.
Rupee rises 19 paise to 86.79 against US dollar in early trade
The rupee gained 19 paise, trading at 86.79 against the US dollar on Thursday. The US dollar index was down, while Brent crude prices fell. Domestic equities showed a muted trend with foreign institutional investors offloading equities worth Rs 1,881.30 crore. India’s economy expects strong momentum in the second half of the year.