Gold inches higher, focus on Fed minutes
Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players are now looking ahead to the Federal Reserve’s meeting minutes for guidance on upcoming policies. Other precious metals displayed mixed trends in the market as key economic data is set […]
Negative Breakout: These 13 stocks cross below their 200 DMAs
In the Nifty500 pack, 13 stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on August 18, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a […]
Retail trading in high-yield corporate bonds gains momentum
Online platforms now offer retail investors access to corporate bonds. These securities provide mid-teen yields with low minimum investments. Retail investors are increasingly participating in the corporate bond market. This trend is driven by flat equity markets and regulatory changes. Online platforms and reduced face values ease investor access to debt.
Milky Mist Dairy Foods lists at 18% premium to issue price
Mumbai-based Milky Mist Dairy Foods made a strong debut on the NSE, listing at ₹165—17.9% above its issue price of ₹140. The stock climbed further to close at the day’s high of ₹181.50, valuing the company at ₹13,972.66 crore at the close.
Can Gaja Alternative Asset Management IPO deliver long-term growth for high-risk investors?
Gaja Alternative Asset Management plans a ₹450 crore IPO to fund investments and repay loans. The company’s promoter stake will decrease to fifty-four percent after the offering. Its business model relies on fund performance and is subject to regulatory changes. Revenue and net profit have shown growth in recent fiscal years. The firm’s valuation aligns […]
Nifty falls for sixth straight session; oil surge, CAS volatility rattle markets
Indian markets faced pressure as the Nifty declined for a sixth consecutive trading session. Rising oil prices and ongoing West Asia conflict kept traders cautious throughout the day. The Nifty closed lower, reflecting broader market weakness and investor concerns. Domestic institutional investors provided some buying support, while FPIs also bought shares. Technical indicators suggest a […]
L&T Finance plans 500 new gold loan branches this fiscal
L&T Finance plans to open 500 new gold loan branches this financial year. This expansion aims to increase its network significantly and capitalize on sector growth. The company entered the gold loan market last year after acquiring Paul Merchants Finance. Gold loans are a key driver for L&T Finance’s growth agenda.
India’s outward FDI jumps 17% to $5.7 billion in July: RBI
India’s outward FDI rose 17% year-on-year to $5.70 billion in July from $4.88 billion a year earlier, according to provisional RBI data. It was also higher than the $3.14 billion recorded in June.
Augmont Enterprises IPO: Rs 825 crore issue price band set at Rs 750-788
Augmont Enterprises has fixed its Rs 825 crore IPO price band at Rs 750-788 per share. The issue opens August 21, featuring fresh shares, OFS and a minimum retail investment of Rs 14,972 at the upper band.
Strong IPO gains stoke FOMO fears, set grey market abuzz
The unofficial grey market shows increased activity with rising share prices. Recent strong IPO listings have boosted investor confidence and expectations for future gains. Several upcoming initial public offerings are experiencing significant grey market premiums. This heightened investor appetite is driven by recent successful stock market debuts. Companies are now pricing their offerings more conservatively […]