Kross IPO opens: Should you subscribe to this Rs 500 crore issue?
Kross IPO: Kross, a Jamshedpur-based company, is launching its Rs 500 crore IPO from Monday to September 11. The IPO includes a fresh equity sale and an offer for sale by promoters. The price band is set at Rs 228-240 per share. Proceeds will be used for debt repayment and growth funding.
ETMarkets Smart Talk | Smart money moving to healthcare, FMCG, and IT: Aditya Khemka of InCred Asset Management
Furthermore, while 1QFY25 earnings were largely below expectations, we observe that earnings growth expectations for the remainder of FY25 is relatively higher. Any further disappointment in earnings growth could lead to a correction in the indices.
We will always agree with what SEBI says, have submitted F&O discussion paper, says NSE’s Ashishkumar Chauhan
Ashishkumar Chauhan, MD & CEO of NSE, elaborates on the significance of the newly inaugurated bull statues at NSE’s Mumbai headquarters. The statues symbolize India’s resilient stock markets. He also confirms that NSE has submitted its suggestions on the F&O discussion paper to SEBI and is in alignment with SEBI’s directives.
3 sectors Daljeet Kohli is bullish on for next 2-3 years
Every day you talk to so many people, our investors, other stakeholders, everybody is saying why market is not correcting. So, market is just looking for some reason for correction which may or may not last for long and which may or may not be justified but that is what the market is all about.
Tokyo’s Nikkei index dives 3% after global market slump
Tokyo’s Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut caused global markets to slump. Japan’s currency has recently picked up on bets of a US Federal Reserve interest rate cut and growing expectations that the Bank of Japan will continue […]
Are some private equity and venture capital investors more equal than others? asks Sebi
The capital market regulator Sebi has asked private equity and venture capital funds to disclose the names of investors who have been given special terms and representation on investment committees. This move aims to ensure transparency and address concerns about differential rights that may undermine other investors’ interests.
Asian stocks drop as jobs data adds to case for Fed cuts: Markets wrap
Asian stocks declined on Monday following US jobs data, raising concerns about the Federal Reserve’s timing on interest rate cuts. Markets in Australia, Japan, and South Korea saw losses, while US futures remained steady. The dollar held firm, and iron ore prices fell below $90 a ton for the first time since late 2022.
Stocks in news: SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy
Stocks in news: Equity markets ended a three-week winning streak with a loss of over 1.5%, influenced by weak global cues. Key stocks in focus include SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, and Suzlon Energy due to various news developments such as funding plans, regulatory approvals, and significant contracts.
Surplus liquidity shows govt’s foot on spending pedal
Government expenditure is rebounding, leading to surplus liquidity in the banking sector as the Centre injects cash into the system. The Reserve Bank of India’s tolerance of this surplus suggests a potential shift toward softer monetary policy. Analysts note that government spending has been steadily increasing over the past few months, supporting economic growth.
Market Trading Guide: Canara Bank, SBI Card among 6 stock recommendations for Monday
India’s benchmark indices logged their worst week in three months on Friday, amid concerns over US recession fear, dragged by banking and IT stocks. The S&P BSE Sensex closed 1.24% lower at 81.183, while the NSE Nifty50 ended below the 24,900 mark.”The short-term uptrend of Nifty seems to have reversed down and the market is […]