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Chamunda Electricals's initial public offering (IPO) has received exceptional investor interest over the three-day period. The IPO witnessed remarkable growth in demand, with subscription rates progressing from 16.70 times on day one, to 46.09 times

In its latest report, domestic brokerage firm JM Financial reaffirmed its projection that food delivery giant Zomato Ltd. and financial services company Jio Financial Services (JFS) could secure a place in the Nifty 50 index during its upcoming rebal

Indian markets are in a state of heightened anticipation ahead of the upcoming RBI policy announcement, with widespread expectations of a rate cut. Some also foresee a reduction in the Cash Reserve Ratio (CRR). Additionally, many market participants

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting commenced today, February 5, marking the first policy review under the leadership of the newly appointed Governor, Sanjay Malhotra. Additionally, this meeting follows the Uni

India’s newly appointed central bank governor is expected to implement an interest rate reduction during his first policy meeting, signaling a shift toward prioritizing economic growth amid rising global uncertainties. Sanjay Malhotra, who assum

Gold prices in India surged further today, February 6, 2025, marking the second consecutive day of gains. The price of 22K gold currently stands at ₹7,930 per gram, while 24K gold has climbed to ₹8,651 per gram. This marks the highest level seen

Solarium Green Energy Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹105.04 crore. The IPO consists entirely of a fresh issue of 55.00 lakh shares. Solarium Green Energy IPO opens for

Mahindra Manulife Value Fund - Direct Plan is an open-ended equity scheme introduced by Mahindra Manulife Mutual Fund. The fund's primary objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related

Groww Nifty 200 ETF FOF is a fund of funds that will invest predominantly in units of Groww Nifty 200 ETF with Long-term capital appreciation and Exposure to Nifty 200 stocks. The investment objective of the Scheme is to generate long-term capital gr

The Indian rupee extended its losses, hitting a fresh low in afternoon trade on February 5, depreciating to 87.3763 against the US dollar. The decline comes amid weakening Asian equities, reflecting a broader risk-averse sentiment in the global finan

The State Bank of India (SBI) is planning to raise approximately ₹5,000 crore ($573.38 million) through Basel III-compliant additional Tier-I perpetual bonds before the end of February, according to three sources familiar with the matter. As per

The board of Info Edge, a company specializing in online classifieds and recruitment, has approved a stock split in a 1:5 ratio, as disclosed in an exchange filing on February 5. Following the announcement, Info Edge's share price saw an uptick of