NSE IPO: IFCI, SBI, Bank of Baroda, other stocks gain up to 14% as NSE files for India’s largest IPO. Who’s selling stake?
Shares of IFCI, SBI, and other companies saw significant gains on Thursday. This surge followed the National Stock Exchange filing its draft IPO papers. Several companies are named as selling shareholders in the Offer for Sale component. The NSE’s public issue is anticipated to be India’s largest.
AI-led growth continues to draw global capital into the US: Mitul Kotecha
The Federal Reserve’s hawkish stance has surprised markets, with revised inflation forecasts and the dot plot indicating a commitment to higher rates for longer. While inflation remains elevated, potential easing in early 2025 hinges on moderating price pressures.
Vedanta Power shares drop 3%, fall below listing price. What lies ahead?
Vedanta Power shares fell over 3% on Thursday, slipping below their listing price after debuting earlier this week following the Vedanta demerger. Analysts said the stock remains the most defensive among the four newly listed entities, supported by regulated returns, while advising investors to focus on business quality, sector cycles and execution outlook.
NSE IPO: IFCI, IDBI Bank, SBI, other stocks gain up to 3% as NSE files for India’s largest IPO. Who else is selling stake?
Shares of major NSE shareholders such as IFCI, IDBI Bank, State Bank of India and HDFC Life Insurance gained up to 3% after the National Stock Exchange’s IPO papers revealed them as selling shareholders in the offer-for-sale (OFS).
HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 months
HFCL shares surged after securing a significant contract from Rail Vikas Nigam Limited for the BharatNet project. This order strengthens HFCL’s telecom network presence. The company is also expanding into defence and aerospace sectors. HFCL is a key player in optical fibre cable manufacturing and is involved in AI connectivity. Its export revenue is projected […]
Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s why
Vedanta Aluminium Metal shares surged over 3% after Citi and Kotak Institutional Equities initiated coverage with ‘Buy’ ratings and target prices of Rs 560 and Rs 600, respectively. Analysts cited a positive aluminium outlook, growth potential, cost efficiencies, and improving leverage as key drivers for their bullish calls.
Dividend alert! Last day to buy HDFC Bank, Tata Motors PV, 14 other stocks for dividends worth Rs 248
Under SEBI’s T+1 settlement cycle, investors must purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they […]
SpaceX shares decline for first time since blockbuster debut
SpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that briefly surpassed Amazon’s valuation. The stock saw significant intraday swings, though it remains well above its IPO price. Analysts suggest limited free float and upcoming lockup expirations could influence future trading.
Positive Breakout: These 14 stocks cross above their 200 DMAs
In the Nifty500 pack, 14 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 17, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]
Oil slips again as US, Iran sign peace deal
Oil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Tehran’s oil. This deal, a 14-point memorandum, initiates a 60-day negotiation period, potentially resolving a major energy supply disruption and leading to a significant supply glut in 2027.