Global risk appetite faces uncertainty amid Japan’s rate hike and US dollar surge: James Knightley
The strong growth story is there, inflation is somewhat stickier as well, and the Federal Reserve themselves are suggesting that with the fiscal policy side remaining very loose, monetary policy may need to be tighter to offset that support.
JetSynthesys plans to list in next three years
JetSynthesys, backed by Adar Poonawalla and Sachin Tendulkar, may go public within 18-36 months to fund expansion. The company targets 20-fold growth in gaming, entertainment, and wellness sectors. It recently invested $4.5 million in Saudi game developer UMX Studio and launched the Global eCricket Premier League, aiming to combine cricket, gaming, and entertainment.
Capital Infra Trust InvIT IPO opens for subscription. Check key dates, price band and review
Capital Infra Trust InvIT’s IPO opens today, targeting Rs 1,578 crore. Priced between Rs 99-100 per unit, 75% is for institutional investors and 25% for non-institutional investors. Proceeds will repay loans. Sponsored by Gawar Construction, the trust focuses on road and highway projects. SBI Capital Markets and HDFC Bank are lead managers.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap of over Rs 10,000 crore, three stocks close prices crossed above their 200 DMA (Daily Moving Averages) on January 06, according to stockedge.com’s technical scan data.
These 2 stocks to trade ex-bonus on Wednesday. Last chance to buy
Shares of Padam Cotton Yarns and Algoquant Fintech will start trading on an ex-bonus basis from January 8. Padam Cotton Yarns has announced a 1:1 bonus share issue while Algoquant Fintech has announced a 1:2 bonus share issue. This is the first time both companies are issuing bonus shares. Invest in these shares by today […]
Technichem Organics shares to debut today. Check GMP to know listing potential
Technichem Organics is set to list its shares on the BSE SME platform after its IPO was oversubscribed 425 times. Despite a revenue decline, the company reported a significant profit increase in FY24. The net proceeds will fund capital expenditure, debt repayment, and general corporate purposes.
Quadrant Future Tek IPO opens for subscription. Check key dates, price band, GMP and review
Quadrant Future Tek IPO opens today with a fresh equity issue set to raise Rs 290 crore. The price band is fixed at Rs 275-290 per share. The company’s focus on specialty cables and train control systems positions it well in a growing market, with analysts recommending subscription.
Indo Farm Equipment shares to list today. Check GMP and analyst predictions
Indo Farm Equipment shares are set to debut on the exchanges with a 36% expected listing premium. The IPO received overwhelming response, with an oversubscription rate of 227.67 times. Analysts recommend profit booking for conservative investors and holding for long-term investors, considering the company’s strong market presence and expansion plans.
Asian stocks rise, dollar pares losses after slump
Equities rose in Japan, South Korea and Sydney, with futures pointing to a soft open in Hong Kong. US contracts edged higher in Asia after the S&P 500 rose 0.6% Monday. The Nasdaq 100 added 1.1%. Nvidia Corp. hit a record high ahead of a speech by chief executive Jensen Huang.
Railways, Navy orders keep Quadrant Future Tek on growth track
Quadrant Future Tek plans to raise Rs 290 crore through an IPO to repay debt, fund capex, and support working capital. The company is expanding into EVs, renewable energy, and railways while facing margin challenges from its growing signaling business.