Market News
Stay updated with the latest market trends, earnings, and economic indicators.
State Bank of India draws over $1.5 billion in offshore deposits
State Bank of India has raised more than $1.5 billion through its offshore foreign-currency deposit programme, underscoring strong interest from the Indian diaspora after the RBI introduced measures to encourage banks to mobilise overseas deposits.
Moneyview, Chandan Steel get Sebi's approval to raise funds through IPOs
Fintech unicorn Moneyview and Chandan Steel have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Friday. Moneyview filed preliminary IPO papers with Sebi in March, while Torrent Gas confidentially submitted draft documents with the regulator in April. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. After reviewing the draft papers submitted by the two firms, the regulator gave its 'observations' between June 29 and July 2,which, in Sebi's parlance, is equivalent to a go-ahead to float the public issue. Meanwhile,oilfield services provider Shivganga Drillers withdrew its draft papers on June 30, the update showed. The company filed preliminary papers with Sebi in December 2025 to mobilise Rs 400 crore through its IPO. The proposed maiden public offering was a completely fresh issue of shares wi
23 firms launch IPOs worth ₹27,000 cr in 2026; 236 proposals await launch
After a strong run in 2025, India's primary market witnessed a slowdown with 23 companies tapping the Initial Public Offering (IPO) route to mobilise over Rs 27,000 crore in 2026 so far, amid heightened volatility and macro uncertainty, according to a report released by Equirus Capital on Tuesday. This came following a launch of 103 maiden public issues in 2025, together raising Rs 1.76 lakh crore. This fundraising figure far exceeded the Rs 1.6 lakh crore raised by 90 firms in 2024 and the Rs 49,436 crore garnered by 57 companies in 2023. However, the IPO activity is showing signs of a major pickup as geopolitical tension eased with insurtech firm Turtlemint Fintech Solutions and Advit Jewels slated to launch their public issues this month. Further, Waterways Leisure Tourism Ltd, the operator of Cordelia Cruises, is also expected to come out with its maiden public offering this month. The public issues of insurtech firm Turtlemint Fintech Solutions and Advit Jewels are scheduled t
CMR Green Tech IPO to end mainboard dry spell; is it worth your money?
Through its maiden share sale, CMR Green Technologies aims to mobilise ₹630.88 crore via an entirely offer-for-sale (OFS) of 32.9 million equity shares
'They're definitely not fishing': 2,000 Chinese Fishing Boats Assemble in Geometric Formation, Raises Questions
Some analysts believe the manoeuvres may have been a test of China's ability to mobilise its civilian fishing fleet.
Mobilise App Lab IPO Listing: Share list at 20% discount at ₹64.10 on NSE SME
Mobilise App Lab share price made a weak debut in the Indian stock market today, March 2. Mobilise App Lab share price was listed on Monday at ₹64.10 apiece on NSE SME, a discount of nearly 20% from its issue price of ₹80.
NSE SME Mobilise App Lab logs in with a glitchy start
Mobilise App Lab traded at Rs 67.30 on the NSE, a discount of 15.88% compared with the issue price of Rs 80.