Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Utkal Speciality Industries India IPO booked 1.26x so far on first bidding day. Check GMP, issue details
Utkal Speciality Industries India IPO started on 10 June, offering shares at ₹62-66. The firm reported notable revenue growth and intends to use funds for expansion and debt reduction, with a significant focus on retail participation during the offering period.
HMEL to invest Rs 2,600 cr in speciality, fine chemicals sector in Punjab: LN Mittal
HPCL-Mittal Energy Limited (HMEL) announced a Rs 2,600 crore investment in Punjab's speciality and fine chemicals sector. Additionally, HMEL plans to launch 500 new retail fuel outlets nationwide, equipped with modern technology. This expansion follows HMEL's significant Rs 60,000 crore investment in its Bathinda refinery, Punjab's sole oil refinery.
Trade Spotlight: How should you trade Gland Pharma, Dr Lal PathLabs, Himadri Speciality Chemical, Axis Bank, JSW Steel, and others on June 12?
The market needs to surpass and sustain above its short-term moving averages for a further uptrend; until then, consolidation may continue. Below are some short-term trading ideas to consider.