Sebi grants extension to NSDL to launch its Rs 3,000-crore IPO by July
SEBI has extended the deadline for NSDL to launch its IPO by the end of July 2025. The Rs 3,000 crore IPO is highly anticipated and will involve a sale of 5.72 crore shares by six existing shareholders. NSDL is one of the largest securities depositories globally and boasts a robust financial performance.
India’s Investor Boom: A year of record growth in financial participation
India’s investor base expanded by 23.1% over the past year, reaching 1,127 lakh. Bihar and Uttar Pradesh led with 32.7% and 29.4% growth, respectively. Major financial hubs like Maharashtra and Gujarat also saw steady expansion, indicating rising financial participation.
April Fools’ shock: Worst financial year start for Sensex since 2020 crash. A harbinger of trouble?
Market observers cite U.S. President Donald Trump’s anticipated tariff announcements on April 2 as the key factor driving market uncertainty. “If the tariffs are less severe than expected, sectors linked to global trade, such as pharmaceuticals and IT, could see a rally. However, if the measures are harsh, we may face another round of correction,” […]
Sebi extends deadline for retail algo trading rules implementation
Sebi extended the timeline for retail investor algo trading norms to May 1, with implementation from August 1. Exchanges sought more time for discussions. The framework ensures regulated access through brokers, safeguards investors, and mandates broker accountability.
US stocks open lower as Trump tariffs loom
US stocks dipped as investors awaited President Donald Trump’s announcement of tariffs to address trade imbalances. The Dow Jones Industrial Average fell 0.5%, the S&P 500 Index dropped 0.4%, and the Nasdaq Composite Index decreased 0.4%. Airlines Delta and United also saw declines due to concerns over reduced tourism. Markets remain cautious amid trade war […]
Stay cautious, nimble, and do not put all the chips on the table: Arvind Sanger
Arvind Sanger of Geosphere Capital Management shares his skepticism about the clarity of President Trump’s impending tariff announcement. He believes negotiations and adjustments will follow. Sanger does not see tariffs as a definitive solution. He highlights that India is acting intelligently by not retaliating immediately. Investors are advised to remain cautious and consider buying opportunities […]
Vodafone Idea share price targets: What are brokerages saying after govt hikes stake to 49%
Vodafone Idea’s shares surged 23% after the government raised its stake to 49% by converting spectrum dues into equity. Brokerages hold mixed views, with target prices ranging from Rs 6.5 to Rs 15. Key concerns remain AGR dues, funding challenges, and subscriber growth. Long-term viability depends on tariff hikes and debt financing.
2 top stock recommendations from Sneha Seth
Yes, 23,200 was an immediate support and going forward, I believe 23,000, 23,100 is a very important support zone. In case of any correction below this, that would not be a very healthy sign.
HAL shares rally 8% as UBS lifts target to Rs 5,440 on Rs 62,700 crore defence order win
HAL Share Price: Shares of Hindustan Aeronautics Ltd (HAL) surged by 7.6% after UBS maintained a buy rating, citing strong order momentum and revenue acceleration. HAL secured contracts worth Rs 62,700 crore for Light Combat Helicopters from the Ministry of Defence, significantly boosting its order book and domestic defence manufacturing.
Mphasis, Infosys, other IT stocks slide up to 3% ahead of Trump’s tariff verdict
Shares of IT companies fell up to 3% on April 1, ahead of President Trump’s announcement on reciprocal tariffs. Mphasis dropped the most at 3%. For the upcoming Q4 earnings, broker Motilal Oswal expects weak performance for large firms like Infosys and TCS, but recommends Tech Mahindra and Coforge for their strong growth outlook.