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Veteran emerging market investor Mark Mobius asserts that India's export-driven companies are well-positioned to benefit from a weakening Rupee and the incoming Trump administration's policies. He suggests that India, thanks to recent economic reform
The New Year rally in frontline equities faced a setback on Friday as key indices slid, weighed down by declines in banking and IT stocks. The Sensex dropped by 668.94 points (0.83) to close at 79,274.77, while the Nifty fell by 188.4 points (0.8
Capital Infra Trust is set to launch its Infrastructure Investment Trust (InvIT) offering, presenting a book-built issue aggregating to ₹1,578 crore. The InvIT combines a fresh issue of 10.77 crore units (₹1,077 crore) and an offer for sale of 5.
The record date for the highly awaited ITC Hotels demerger is set for January 6, making today the final opportunity for investors to purchase ITC shares if they want to be eligible for ITC Hotels shares after the demerger. As part of this demerger ar
Indobell Insulation Limited is set to launch its Initial Public Offering (IPO), presenting a fixed-price issue of ₹10.14 crore. The IPO consists entirely of a fresh issue of 22.05 lakh shares at ₹46 per share. The IPO opens for subscription on Ja
Vodafone Idea (Vi) is preparing to launch its 5G mobile broadband services this March, offering competitively priced plans aimed at rivaling Reliance Jio and Bharti Airtel, as reported by The Economic Times. Vi’s 5G plans are expected to be arou
The gold rate today in India continues its upward trend following yesterday’s increase. For 22K gold, the gold rate today has surged by ₹80, reaching ₹7,260, while for 24K gold, it has risen by ₹87, reaching ₹7,920. Below, you'll find a det
CLSA, a prominent brokerage firm, has downgraded its rating for Wipro Ltd., a leading technology services provider, from "outperform" to "hold" just six months after issuing a "double upgrade" for the stock. The downgrade comes despite the brokerage
The Baroda BNP Paribas Energy Opportunities Fund's thematic energy equity scheme aims to deliver long-term capital appreciation by investing in companies engaged in energy-related activities. This includes exploration, production, transportation, and
Shares of Avenue Supermarts Ltd. surged by 15 during morning trading on January 3, following the release of its business update for the October-December quarter of FY2024-25. The DMart operator reported standalone revenue from operations at ₹15
RITES Limited, a leading transport infrastructure consultancy and engineering company, saw its share price rise by 2.12 on January 3, 2025, following a major order win from the Steel Authority of India Limited (SAIL). The shares were trading at ₹2
Citichem India Limited, a speciality chemicals supplier operating since 1992, marked a muted entry into the public markets on Friday, 3rd January 2025. The company, which has established itself as a distributor of organic and inorganic chemicals serv
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