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Sensex, Nifty gain over 1% each as global sentiment improves, crude prices soften - The New Indian Express
Sensex, Nifty gain over 1% each as global sentiment improves, crude prices softenThe New Indian Express
Nearly 210 new-age firms ready for public markets in next 2 years: Redseer
Redseer projects nearly 210 new-age firms will be ready for IPOs over the next two years, with listed companies' market capitalisation expected to reach $1 trillion by 2030
Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment
Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.
India's New Age Ecosystem Set To Hit $1 Trillion In Market Cap By 2030: Redseer Report
The report further said investor preference has shifted towards companies demonstrating profitable growth.
India’s listed new-age companies may hit $1 trillion market value by 2030: Redseer
India's new-age firms are set to hit a valuation of one trillion dollars by 2030, with approximately 210 companies preparing to enter public markets within the next two years. There’s a noticeable uptick in participation from domestic institutional investors in the IPO arena. Today's investors are emphasizing companies that exhibit profitable growth and resilience, resulting in a consistently thriving IPO market with a strong global standing.
Godrej Consumer Gets 'Buy' Upgrade As ICICI Securities Bets On Double-Digit Volume Growth — Check New Target Price
Buy upgrade reflects a fundamental change in Godrej Consumer's operational risk profile, adds ICICI Securities.
Fit for exit: Tata Digital to pare Cult.fit stake, marking first share sale in new-age company
Tata Digital previously forfeited shares and refrained from further investment in Cult.fit, leading to speculation about its confidence in the company.
Demat account additions pick up on D-Street rebound
India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly. Improved market sentiment followed the easing of geopolitical concerns and potential IPO announcements. Broader market participation and digital onboarding are attracting new retail investors. Future demat account growth will depend on Indian market performance and investor confidence.
New derivatives tied to Nifty index designed for FPI get Sebi nod
NSE gets regulatory approval for foreign investor-focused derivatives as India seeks to deepen market access and revive overseas flows
Tata Group targets doubling automotive revenue to $100 billion in five years
Tata Motors targets doubling automotive revenue to $100 billion within five years. Jaguar Land Rover will contribute significantly to this ambitious revenue goal. The commercial vehicle segment is also projected for substantial growth and increased revenue. Tata Motors plans significant investments and new models for its domestic operations. The company aims for increased market share and profitability across its automotive businesses.
Top Banks Drag Bank Nifty: SBI, PNB, Bank Of Baroda, Canara Bank Fall; ICICI Bank Bucks The Trend
Bank Nifty declined after losses in SBI, Bank of Baroda, PNB and Canara Bank, while options data showed fresh short bets.
BlackRock Takes On Invesco With New Nasdaq-100 ETF Amid AI Boom
BlackRock's new iShares Nasdaq-100 ETF debuts Thursday amid booming AI-driven demand.