Groww set to launch Rs 7,000 crore IPO in November
Groww plans to launch its ₹7,000-crore Initial Public Offering in early November. The fintech firm, backed by Microsoft CEO Satya Nadella, aims for an $8 billion valuation. The IPO will include a fresh issue and an offer for sale by existing investors. This comes as the stock broking industry faces regulatory pressures.
My Precious! Silver ETF rush takes the market by surprise
Domestic silver ETFs saw their strongest single-day gains in 2025. This surge was driven by rising silver prices and a shortage of physical silver. Market makers struggled to create new ETF units, leading to significant price spikes. Demand for silver is increasing due to industrial use and investor interest. Prices are expected to stabilize as […]
Diwali 2025 Picks: Asit C. Mehta recommends these 9 stocks with up to 54% upside
Asit C. Mehta has unveiled its top Diwali 2025 portfolio, recommending nine stocks across infrastructure, logistics, hospitality, and pharmaceuticals. These picks, including Power Mech Projects and Gravita India, offer significant upside potential, with some projected to gain over 50% by Diwali 2025.
Explained: Reliance Industries is India’s most valuable company but why isn’t it No.1 in Nifty50 weight?
Reliance Industries, despite its massive market capitalization, ranks third in Nifty 50 index weight due to its lower free-float shares. Banks like HDFC Bank and ICICI Bank hold higher weights because a larger portion of their stock is available for public trading, influencing the index more significantly.
Internet stocks shed ‘hype’ tag: Ixigo, CarTrade, Nykaa soar up to 80% in 3-months on earnings revival
India’s internet stocks, led by Ixigo, CarTrade, and Nykaa, have surged up to 80% in three months on earnings recovery and strong revenue growth. Analysts highlight improved profitability, business diversification, and favourable macro trends, though caution that recent rallies are not risk-free. New-age stocks head into the earnings season on a strong note following a […]
Global peace hopes ignite ‘everything rally’ across assets, says Anurag Singh
Anurag Singh observes an “everything rally” across asset classes, driven by anticipated central bank rate cuts and signs of geopolitical stability. He remains optimistic about India’s domestic market resilience, advocating for a 70-30 equity-debt portfolio. Singh expresses caution on gold and Bitcoin, favoring traditional equity and bond investments.
India to leverage innovation, skilled workforce through UK trade deal: Ajay Bagga
A significant UK delegation’s visit to India highlights the growing bilateral ties and the impending Free Trade Agreement. While the FTA promises substantial tariff reductions for Indian goods and benefits for UK exports like Scotch whiskey, visa restrictions for skilled Indian workers remain a key challenge.
ETMarkets Smart Talk: This is a sideways market, time for smart stock picking, says PL Capital’s Vikram Kasat
Despite positive economic data, Indian equities are expected to trade sideways due to valuation concerns and consistent FII selling. Vikram Kasat of PL Capital highlights this as a stock-picker’s market, favoring selective opportunities in sectors like metals, autos, and defence, alongside promising new-age listings.
Fixed income set to perform well amid limited easing room, says Churchil Bhatt
Fixed income assets are poised for strong performance over the next year. Churchil Bhatt of Kotak Mahindra Life Insurance highlights supportive macroeconomic conditions. Investors can anticipate better-than-average returns. Recent RBI policy signals potential rate cuts. New banking reforms are set to boost M&A financing and corporate borrowing. This presents a favorable environment for fixed income […]
Gold pauses after record rally on safe-haven demand
Gold prices dipped slightly on Thursday after reaching a record high of $4,059.05 the previous day, as investors took profits amidst ongoing economic and geopolitical uncertainties. Hopes for further U.S. interest rate cuts continue to support the precious metal, which has seen significant gains this year due to strong central bank buying and ETF demand.