The primary market puzzle: Too much, yet too little?

June 1, 2025

FY25 saw record IPO and QIP fundraising, but most capital hasn’t fueled new projects. Like FY24, funds largely went to debt repayment, general expenses, or promoter exits via OFS. With private investment still below 11% of GDP, hopes of a capex-driven economic revival remain premature.

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Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari

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SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions

SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with

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