$4 billion CIO Nimesh Chandan spots 4 bullish signals for Indian stocks. What changed?
India’s stock market is poised for a broader recovery as four core cycles—macroeconomics, corporate earnings, credit growth, and market sentiment—align positively. Nimesh Chandan, CIO of Bajaj Finserv AMC, highlights these improving indicators as a key foundation for sustained equity growth, provided earnings momentum continues and global market headwinds soften.
The “other Hero” comes to Dalal Street: A Munjal family story with a market twist
Hero Motors, the Munjal family-controlled automotive technology company, is set to enter Dalal Street with a Rs 1,000 crore IPO. The company, distinct from listed Hero MotoCorp, traces its roots to the Hero Group and has expanded into powertrain systems and components for global automotive and mobility customers.
Manika Plastech IPO opens for subscription; GMP signals 30% listing gain. Check key details
On September 11, 2026, the Manika Plastech IPO kicked off for investor subscriptions, lasting three days. Strong grey market premiums have been reported, indicating positive market sentiment. The company targets to gather Rs 125.50 crore through a mix of new shares and sale offers, with proceeds designated for capital expenditure, debt repayment, and corporate necessities. […]
Rupee falls 27 paise to 95.79 against US dollar in early trade
The rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent foreign portfolio withdrawals. Despite having substantial foreign exchange reserves and support from the RBI, the currency remains under pressure. Increasing global yields and expensive oil are further complicating the import bill.
ESDS Software Solution jumps 5%, extends 6-session rally; shares up 287% from IPO price
ESDS Software Solution shares extended their post-listing rally to six sessions, surging 287% from the IPO price. Strong issue demand, rising investor optimism around data centres and improved FY26 profitability have added momentum to the stock.
NSE IPO price band announced for Rs 22,561-crore offer! Check key dates, other important details
Retail investors have been allocated 35% of the issue, while 50% has been reserved for eligible institutional bidders (QIBs). The remaining portion will be available to non-institutional investors (NIIs).
Gold lingers near one-week low ahead of US CPI data
As U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer price index data set to be unveiled later today, heightening anticipation. Speculation swirls around a potential increase in borrowing costs by the Federal Reserve in its next meeting. Additionally, the European […]
Global Market Today: Asian stocks, bonds fall on oil, inflation concern
Following a notable rise in oil prices, Asian stocks and bonds faced a downturn, signaling a shift in market sentiment. The latest inflation data has fueled speculation about a soon-to-come interest rate hike from the Federal Reserve. Treasury yields hit multiyear highs, placing additional strain on bonds. Furthermore, quicker-than-expected increases in producer prices are adding […]
Oil prices set to end week over $100 for first time in nearly 4 months
Oil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen’s Mocha port poses risks to Red Sea transport, while tankers in the Strait of Hormuz face threats that limit vessels in the Gulf. Diesel prices in the U.S. have soared past six dollars per […]
Equity MF inflows rise 19% to Rs 29,329 crore in August; SIPs hit record high
Equity mutual fund purchases rose nineteen percent in August, reaching twenty-nine thousand three hundred twenty-nine crore. Systematic investment plan collections hit an all-time high of thirty-two thousand two hundred ninety-seven crore. Fixed income categories experienced net outflows of eight thousand seven hundred eleven crore during August. Mid and small-cap funds led equity investments, attracting over […]