Reliance AGM may offer Jio IPO timeline, retail outlook: Neeraj Dewan
Neeraj Dewan shares insights on the fertilizer sector, anticipating positive movement due to good monsoons and consolidation. He notes a slowdown in Astral’s performance and the housing space, awaiting a festive season sales boost. All eyes are on RCF’s fundraising plans. The market anticipates updates on Jio IPO and Reliance Retail’s growth strategy at the […]
Tariff extension signals tough road ahead in US-China talks: Peter Cardillo
Donald Trump has extended the deadline for new China tariffs by 90 days. This move creates uncertainty in the market. Experts believe inflation data will be key. Tariffs could elevate inflation, impacting US consumers. The Federal Reserve may cut rates due to a slowing economy. A weak job market might force a larger rate cut.
Clarity on global tariffs key to Tata Motors’ long-term valuation: Ashi Anand
Ime Capital’s Ashi Anand highlights the strong performance of new-age digital platforms like Paytm. These companies are exceeding profitability expectations. Quick-commerce losses are peaking faster than anticipated. Zomato’s results have been positive. Anand also discusses Tata Motors, noting the strength of its domestic business. However, JLR faces challenges due to tariffs and competition.
Highway Infrastructure shares to list today. Here’s what GMP suggests
Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70 per share. Grey market trends suggest a strong listing, potentially near Rs 94. The company operates in tollway collection, EPC projects, and real estate. IPO funds will support working capital […]
Regaal Resources IPO opens for subscription; GMP at 22%. Should you bid?
Regaal Resources will launch its Rs 306 crore IPO, closing on August 14, with a price band of Rs 96-102 per share. The IPO comprises a fresh issue and an OFS by the promoter group. Proceeds will be used to repay borrowings. Brokerages recommend subscribing, citing the company’s strategic location, efficient procurement, and diversified product […]
Japan’s Nikkei rallies to record high, SoftBank surges
Japan’s Nikkei surged to a historic high, mirroring global market peaks driven by tech stock gains. The Nikkei 225 surpassed its 2024 high, fueled by SoftBank’s potential U.S. listing of PayPay and semiconductor advancements. While foreign investment has been strong, recent data indicates a possible slowdown. Despite earlier trade concerns triggered by U.S.
Mahendra Realtors IPO: Check GMP, price band, issue size and other details
Mahendra Realtors and Infrastructure launched its Rs 49.45 crore IPO, featuring a fresh issue and offer for sale, with a price band of Rs 75-85 per share. The IPO, set to close on August 14, aims to fund working capital and general corporate needs. The company specializes in structural repairs and has completed over 200 […]
JSW Cement IPO allotment to be finalised today. Check status, GMP and other details
Investors await JSW Cement IPO allotment finalisation. The IPO witnessed 7.7 times subscription, driven by institutional interest. Allotment status can be checked via Kfin Technologies or the BSE website. Refunds and demat credit are expected soon. JSW Cement will list on BSE and NSE. Proceeds will fund a new cement unit and debt repayment. Market […]
Indian equity indices surge 1% amid SBI profit boost and Trump-Putin meeting optimism
Indian equity indices rebounded strongly, recovering last week’s losses, fueled by SBI’s impressive Q1 results and optimism surrounding the upcoming Trump-Putin meeting. Short covering was observed ahead of the summit, with PSU banks gaining traction. However, caution remains due to technical indicators and geopolitical factors, including US tariffs on Indian goods.
Asian stocks advance ahead of US inflation data, Nikkei climbs
Asian stock markets saw gains at the opening bell. Investors are awaiting the release of a crucial inflation report from the United States. This report is expected to influence the Federal Reserve’s decisions on interest rates. The Nikkei-225 index in Japan experienced a notable increase. Meanwhile, Chinese stocks are under scrutiny following President Trump’s extension […]