ArisInfra Solutions shares GMP at 11% in unlisted market. Check IPO details
ArisInfra Solutions shares: The Grey Market Premium (GMP) represents the price at which shares of a forthcoming IPO are being traded in the unofficial market before their official stock exchange listing. A high or positive GMP indicates strong investor interest and suggests that the shares may debut at a price higher than the issue price.
SCI shares slide 6% as profit-taking, Middle East truce hopes cool shipping rally
Shares of Shipping Corporation of India declined following a rally. Investors booked profits amid hopes of a Middle East truce. This tempered fears of prolonged shipping disruptions. Great Eastern Shipping Company shares also decreased. Tensions in the Middle East previously fueled investor demand for shipping stocks. India relies heavily on Gulf nations for crude oil […]
India’s insurance story still in early innings: long runway ahead: Nischal Maheshwari
Market expert Nischal Maheshwari expresses optimism about the insurance sector. He favors life insurance companies like SBI Life and LIC due to their appealing valuations. Maheshwari notes the underperformance of insurance in recent years, but sees a changing landscape. He also believes a fixed tax bracket would benefit gas companies.
ETMarkets Smart Talk – Missed the 2025 Rally? Don’t chase—ease in with SIPs & structured debt: Puneet Sharma
Puneet Sharma of Whitespace Alpha advises caution for investors in 2025. He suggests a phased approach using SIPs and structured debt. Sharma highlights India’s strong domestic demand and earnings cycle. He sees manufacturing exports and rate-sensitive sectors as attractive themes. Sharma notes the strength of domestic flows in Indian equities. He advises caution on commodities […]
Positive Breakout: These 7 large caps cross above their 200 DMAs
In the NSE large cap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 16, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above […]
Eppeltone Engineers IPO opens today: All key details you need to know before subscribing
Eppeltone Engineers, an Indian energy solutions provider since 1977, launches its Rs 43.96 crore IPO on NSE SME, opening Tuesday and closing Thursday, with shares priced at Rs 125-Rs 128. The IPO aims to raise capital for working funds, new machinery, and general corporate needs, following a 57% revenue increase and a 38% profit growth […]
Oil rises, US futures drop on Trump Tehran warning
President Trump’s call for evacuating Tehran amid the Israel-Iran conflict rattled global markets, causing US futures to fall and oil prices to climb. This statement contrasted with earlier optimism about de-escalation, even as Tehran signaled a willingness to resume nuclear talks. Investors are closely monitoring geopolitical headlines, assessing the conflict’s potential impact on the US […]
Rupee holds steady at 86.06 amid RBI Intervention
The Indian rupee closed nearly unchanged at 86.06 per dollar on Monday, despite initial weakness due to high crude oil prices and geopolitical tensions between Israel and Iran. A softer dollar index and likely RBI intervention limited the rupee’s losses. Further weakening is expected due to ongoing geopolitical uncertainties, with traders closely monitoring developments in […]
FPIs push for extended license tenure and CAS in India
Foreign portfolio investors are requesting Sebi to extend their license tenure to five years and introduce a closing auction session for more accurate closing prices. They also seek exemptions from granular disclosures for large private funds and a review of the threshold for revealing the identities of ultimate beneficial owners.
Kinara Capital seeks equity capital to overcome debt challenges
Kinara Capital, a fintech lender, faces financial challenges due to losses from unsecured loans, reporting a ₹350 crore loss in FY25. The company is seeking equity infusion and covenant waivers from lenders to address breached financial covenants on a significant portion of its debt.