Oswal Pumps' initial public offering (IPO) has demonstrated exceptional investor demand through its three-day subscription period, with Oswal Pumps' stock price band set at ₹584 to ₹614 per share and Oswal Pumps' share price expected to reflect o
Indian stock markets took a serious hit today as rising tensions in the Middle East rattled investors. After news broke that Israel had carried out military strikes on Iran, the Sensex plunged about 850 points and the Nifty dropped below 24,650. Addi
Oswal Pumps IPO received a strong anchor allocation response, with 30.00 of the total IPO size subscribed by anchor investors. Out of the 2,25,95,114 shares on offer, anchor investors were allocated 67,78,533 shares, demonstrating significant market
As of 10:30 AM on June 13, 2025, Silver prices in India saw a rise of ₹1.10, rising to ₹110 per gram. Silver prices likely rose today due to a combination of factors, including strong industrial demand, safe-haven demand amidst economic uncertain
Gold prices in India experienced a modest increase on Friday, June 13, 2025, continuing their upward trend after a brief consolidation earlier this week. Rates for 22K and 24K gold have edged higher by ₹1 per gram, while 18K gold has also gained
India’s central bank, the Reserve Bank of India (RBI), is about to tighten rules under its Liberalised Remittance Scheme (LRS), and it’s specifically going after a growing loophole: foreign currency time deposits. This move is part of a broader p
Jainik Power and Cables' initial public offering (IPO) has demonstrated moderate investor demand through its three-day subscription period, with Jainik Power and Cables' stock price band set at ₹100 to ₹110 per share. The ₹51.30 crore IPO has w
It was a rough day on Dalal Street. The Sensex took a sharp hit, tumbling by around 850 points, that’s nearly a 1 drop, in just the opening hour. As of 3:30 PM, the Sensex stood at 823 points, easing slightly. However, investors saw about ₹5 lak
The Securities and Exchange Board of India (SEBI) has today taken a significant stride towards enhancing investor protection in the securities market by launching a new Unified Payments Interface (UPI) safeguard, labelled “Valid”. The initiative,
Jio BlackRock Investment Advisers Pvt Ltd, the 50:50 joint venture between Jio Financial Services (JFSL) and global investment management giant BlackRock Inc., has secured final regulatory approval from India’s Securities and Exchange Board (SEBI)
There is big news in the Indian finance world. According to an exclusive by Moneycontrol, HDB Financial Services, the NBFC arm of HDFC Bank, is all set to launch a massive ₹12,500-crore IPO by mid-July. It’s not just another listing; this one cou
The Groww Nifty India Internet ETF FoF is an open-ended Fund of Funds that invests primarily in the Groww Nifty India Internet ETF, offering investors passive exposure to India’s rapidly growing internet economy. Tracking the Nifty India Internet T
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