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SBI Funds Management is aiming for a valuation of around ₹1.17 lakh crore, or nearly $12.3 billion, for its upcoming initial public offering (IPO), according to Moneycontrol. The country’s largest asset management company is expected to launch it

Indian benchmark indices are expected to begin Thursday’s session on a firm note after Gift Nifty indicated a higher opening, even as weakness in global technology shares weighed on sentiment across Asian markets. Gift Nifty was trading around 24,1

The Indian rupee opened 32 paise stronger against the U.S. dollar on 2 July, supported by lower international crude oil price and improved sentiment at the start of the trading session. The domestic currency began the day at 94.92 per U.S. dollar, co

Petrol and diesel prices continued without any revision by state-owned oil marketing companies on 2 July, even after Nayara Energy announced lower retail fuel prices at its outlets. The development comes as the crude oil price has eased in recent ses

Indian equities are likely to witness stock-specific action on 2 July as companies across banking, pharmaceuticals, retail, infrastructure and manufacturing announced operational updates, business performance and regulatory developments. Quarterly bu

Adon Agro Commodities Limited's initial public offering (IPO) closed its three-day subscription window at 1.35 times overall subscription by 5:03 PM on Day 3 (July 1, 2026). The ₹44.03 crore book-build issue, priced at ₹66 to ₹70 per share, r

India’s manufacturing activity slowed to a three-month low in June, reflecting softer international demand and a moderation in production, hiring, and purchasing activity. According to the HSBC India Manufacturing Purchasing Managers’ Index (PMI)

Knack Packaging Limited's initial public offering (IPO) closed its three-day subscription window with exceptional investor interest, reaching 85.62 times overall subscription by 4:47 PM on Day 3 (July 3, 2026). The ₹439.50 crore book-build issue,

India’s gross Goods and Services Tax (GST) collections increased 13.9 year-on-year to ₹1.95 lakh crore in June, driven primarily by higher tax receipts from imports, according to government data released on Wednesday. After adjusting for refunds

The Nifty IT index was under pressure on Tuesday, extending its losing streak to four days even when the broader market was trading on an uptrend. Investors' sentiment on the sector stayed negative, due to fears over the slowdown in technology spend,

Shares of four companies created through the demerger of Vedanta Ltd. gained sharply on Tuesday after exiting the trade-to-trade (T2T) segment and moving into the normal trading category. The four companies, Vedanta Oil & Gas, Vedanta Iron &am

India imported 4.93 million barrels per day (bpd) of crude oil in June, marking the highest volume ever recorded for the month, according to data released by commodity analytics firm Kpler. The increase was largely driven by record purchases of Russi