Innovision extends IPO till March 17 after failing to reach full subscription, lowers price band
Innovision’s IPO has been extended to March 17 after 32% subscription, reflecting weak investor interest; the price band was revised lower, while revenue growth is strong but margins remain thin.
BofA Securities enters Kaynes Technologies via Rs 42 crore block deal; stock down 48% in six months
BofA Securities acquired 1.16 lakh Kaynes Technologies shares via a block deal, while the stock continues a multi-month downtrend despite rising revenue and quarterly profit growth
US Stocks: Bumble shares soar 40% as investors swipe right on AI-powered reboot
Bumble shares jumped more than 40% in early trading on Thursday after the company posted upbeat fourth-quarter revenue and unveiled an AI-driven overhaul of its apps to lure back younger users.
Oil prices unlikely to hit $200 a barrel, US energy chief says
U.S. Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and the U.S. and Israeli war with Iran widened.
Swan Defence promoters to part-sell stake next week, appoints I-banker
Hazel Infra, the promoter entity of shipbuilder Swan Defence and Heavy Industries, is looking to part sell their holding in the company through the offer for sale (OFS) route next week, people aware of the development said on Thursday.
Private bank stocks slump up to 21% in one month, but Gurmeet Chadha sees value. Here’s why
Despite private banks lagging the Nifty 50 and BSE Sensex recently, market veteran Gurmeet Chadha sees strong value in banking stocks, citing attractive valuations and a shift from LDR to LCR that could boost credit growth by 3–7%.
Jio IPO delay among 2 reasons why Jefferies cuts Bharti Airtel’s target price
Jefferies has cut its target price on Bharti Airtel to Rs 2,250 from Rs 2,575, citing a potential delay in the Reliance Jio IPO and concerns over Bharti’s entry into the NBFC business. The brokerage expects tariff hikes to be pushed to December 2026 but maintains a Buy rating, saying the stock still offers favourable […]
Amid market volatility, Neeraj Dewan sees opportunities in these three sectors
Indian stock markets face volatility due to geopolitical tensions and rising energy prices, disrupting recent stability. Despite caution, market expert Neeraj Dewan identifies selective long-term opportunities in sectors like energy, defensives, food delivery platforms, auto, and select PSU stocks, advising gradual accumulation on dips.
Global Market | Anurag Singh on what could decide the market’s next move
Rising oil prices and West Asian tensions are creating market volatility, with investors watching energy flows and geopolitical strategy. Market expert Anurag Singh believes the US and Israel aim to dismantle Iran’s capabilities and secure the Strait of Hormuz. Equity markets have priced in weaker earnings, but emergency oil releases offer a temporary reprieve.
Rupee falls 31 paise to 92.32 against US dollar in early trade
The Indian rupee depreciated by 31 paise to 92.32 against the US dollar on Thursday, driven by FII outflows, rising crude oil prices, and a stronger greenback amid ongoing West Asian conflict. Domestic equity markets also opened weak, further pressuring the local currency.