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Shares of Indian Overseas Bank (IOB), a public sector lender, plunged by 5.7 to ₹41.01 on March 3, marking a 52-week low for the second consecutive session. This decline followed the bank's disclosure of a ₹699.52 crore demand notice from the De
UltraTech Cement, the flagship company of the Aditya Birla Group, emerged as the top gainer on the Nifty 50 index, despite an overall weak market sentiment. Investors and analysts closely examined the company’s latest investor call, which shed ligh
A draft document for a Samco Large Cap Fund – Direct (G) has been submitted by Samco Mutual Fund to Sebi. An open-ended equity scheme that primarily invests in large-cap stocks will be the Samco Large Cap Fund. The scheme's investment goal is
Shares of air conditioner manufacturers climbed higher on March 3 as investors anticipated a surge in demand following the Indian Meteorological Department’s (IMD) forecast of above-normal temperatures and an increased number of heatwave days acros
On March 2, 2025, global vertical SaaS firm Excelsoft Technologies announced that it has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for approval. The company aims to raise ₹700 crore throu
NAPS Global India, a renowned name in the textile sector, has launched its Initial Public Offering (IPO) to secure funding for business expansion, technological advancements, and market diversification. Established in 2014, NAPS Global India Limit
The Unifi Dynamic Asset Allocation Fund – Direct (G) Fund is an open-ended hybrid mutual fund launched on March 3, 2025. It aims to generate income and capital appreciation by investing in a dynamic mix of fixed income instruments, equities, equity
Global brokerage firm Morgan Stanley believes the consumption sector might be approaching the lowest point of the ongoing market sell-off. Elevated valuations have weighed heavily on investor sentiment, causing a sharp decline in consumption staple s
A special Anti-Corruption Bureau (ACB) court in Mumbai has ordered the registration of a First Information Report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials, citing allege
Beezaasan Explotech Ltd, a company specializing in industrial explosives and blasting solutions, marked its stock market debut on BSE SME on March 3, 2025. Founded in 2013, the company has built a reputation for providing safe and efficient explosive
The Indian rupee appreciated by 17 paise on March 3, following a rebound in India's gross domestic product (GDP) growth during the third quarter of the current fiscal year, according to currency experts. The rupee opened at 87.3425 against the US dol
Asian stock markets remained in a state of uncertainty on Monday as investors closely watched upcoming tariff announcements and economic indicators. The MSCI Asia-Pacific index outside Japan remained flat, while Japan’s Nikkei index climbed 1.1, b
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