Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SBI Funds Management fixes price band for ₹11,692 crore IPO; Details here
At the upper end of the price band, SBI Funds Management will have a market capitalization of nearly ₹1.17 lakh crore, which puts it at par or even higher than many Nifty 50 companies.
KPIT Technologies slumps as company sees Q2 FY27 revenue on par with weak Q1
KPIT Technologies slumped 13.98% to Rs 577.70 after the company said it expects Q2 FY27 revenue to remain in a similar range as Q1 FY27, indicating that the near-term weakness in demand is likely to persist.
Teja Engineering Industries IPO opens today. GMP, subscription status, other details of NSE SME IPO in 10 points
Teja Engineering Industries IPO: According to market observers, shares of the company are available at par in the grey market today
Anubhav Plast IPO day 3: GMP, subscription status, listing date, other details in 10 points
Anubhav Plast IPO GMP today: According to market observers, shares of the company are available at par in the grey market today
I am Done With It: Virat Kohli Rules Out Test Return
Kohli is now a one-format player, having retired from Test cricket last year with 9230 runs. He has kept the price of his shoe at par with his Test runs.
Amid Global Uncertainties, Par Panel To Study Evolving Economic Conditions In India
According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen 'Evolving Economic Conditions in the Country' as an additional subject for detailed examination during the year 2025-26.
Banks seek RBI nod to let NRIs break & rebook existing deposits
To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. In effect, the RBI will bear the entire hedging cost on deposits mobilised under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme. In line with the RBI's expectations, banks are passing on almost the entire benefit to depositors, making these deposits more attractive.
Banks seek RBI nod to let NRIs break & rebook existing deposits
To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. In effect, the RBI will bear the entire hedging cost on deposits mobilised under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme. In line with the RBI's expectations, banks are passing on almost the entire benefit to depositors, making these deposits more attractive.
Vedanta faces buyback costs as bonds trade above par value
In a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 billion refinancing endeavor. This strategic decision is designed to lower borrowing expenses and prolong debt maturities. The company is actively in dialogue with investors across the globe to streamline new funding avenues.
Stock market rally: Aegis Logistics, Cupid, Akums Drugs, JB Chemicals, among 47 stocks that hit 52-week high on NSE - Upstox
Stock market rally: Aegis Logistics, Cupid, Akums Drugs, JB Chemicals, among 47 stocks that hit 52-week high on NSEUpstox
JPMorgan upgrades PAR Technology stock rating after share count error By Investing.com - Investing.com India
JPMorgan upgrades PAR Technology stock rating after share count error By Investing.comInvesting.com India
RBI announces measures to attract foreign capital
The Reserve Bank of India (RBI) has announced few measures in order to attract capital flow. Firstly, for government securities under the Fully Accessible Route (FAR), the central bank is expanding the universe of specified securities by including all new issuances of 15-, 30- and 40-year tenor G-secs. In addition, limits pertaining to short-term investment, concentration and individual securities on FPI investment under the General Route are being removed. These measures along with the tax benefits provided by the government this morning should help attract foreign capital for government borrowing. Second, the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased. Further, the same facility is being extended to all individual Persons Resident Outside India (PROIs) at par with NRIs and OCIs. Third, a facility of concessional forex swap will be provided till 30th September 2026 to incentivize ECBs by PSUs.