BUSINESS
Sudeep Pharma IPO allotment today: How to check status on registrar, BSE and NSE; see latest GMP
Sudeep Pharma IPO GMP: The Rs 895-crore IPO closed for public bidding yesterday, after being subscribed nearly 94 times its offer size.
BUSINESS
Excelsoft Technologies shares fall 7% after listing at 12.5% premium to IPO price
Excelsoft Tech share price: The listing premium has significantly beaten grey market estimates.
BUSINESS
Is the Kavach theme intact? Analysts say execution is key amid recent fall in Kernex, HBL Engg stocks
The recent correction in Kavach-linked railway stocks is less about the weakening of the safety theme and more about markets shifting focus from order announcements to execution realities, an analyst said.
BUSINESS
Smallcap index snaps 5-day losses but analysts say it will continue to underperform: Here are four reasons why
Smallcap stocks: Analysts advised caution, suggesting that volatility is still expected in the near term for the smallcap space.
BUSINESS
Pharma stocks snap 3-day losses; Lupin rises 2% after Jefferies reiterates 'Buy' call
Pharma stocks: Jefferies said that biosimilars segment is likely to be the next big growth engine for Lupin.
BUSINESS
Sudeep Pharma IPO closes with 94x subscription on Day 3, QIB portion booked 213x: Check latest GMP
Sudeep Pharma GMP: The Rs 268-crore anchor book and strong GMP for Sudeep Pharma's IPO send strong signals about investor confidence in the company's specialty ingredient business, an analyst said.
BUSINESS
Realty index rises nearly 2% on RBI Governor's rate cut comments, snaps five-day losses; here's what analysts say
Realty stocks: Analysts noted that the long-term story of the sector remains intact, and the recent correction doesn't indicate a structural reversal.
BUSINESS
LG Electronics shares rise 2% after Jefferies initiates 'Buy' call: Check latest target price
LG Electronics share price: JPMorgan and Morgan Stanley last week initiated coverage on the stock with an 'Overweight' rating, with target prices implying strong upside potential.
BUSINESS
Siemens Energy India shares fall 6% from day's high after Q4 results; firm announces Rs 4 dividend
Siemens Energy India share price: Order backlog rose 47% to Rs 16,205 crore during the July-September quarter. The company said that new orders were stable at Rs 2,351 crore.
BUSINESS
Bitcoin rises 9% from Friday lows but analysts say quick reclaim of recent peaks looks unlikely: Here's why
Bitcoin crashed more than 36% in over 6 weeks from its all time high of $126,198 (October 6) to fall below the $81,000-mark on November 21.
BUSINESS
Sensex settles 550 pts lower from day's high, Nifty ends near 25,950: FII selling among key factors behind market decline
Stock markets today: Profit booking, rupee staying at elevated levels also contributed to the negative market sentiment
BUSINESS
Persistent Systems shares rise 2%, hit 10-month high after CLSA reiterates bullish call
Persistent Systems share price: The shares of the IT company has emerged as one of the top gainers on the Nifty IT, Nifty Midcap 50 and Nifty Midsmall IT and telecom indices.
BUSINESS
Real estate shares fall for 5th day, extend losses to 6%; analysts say 'valuations far ahead of fundamentals'
Real estate stocks: Analysts, however, noted that the long-term outlook for the sector remains intact and the current downturn is a healthy correction after a sharp run-up.
BUSINESS
Defence index falls 2.5% on Tejas crash, Russia-Ukraine peace talks; Mishra Dhatu Nigam, BEML lead losses
Defence stocks: 'The proposed peace plan may ease global supply pressures, but it does not diminish India’s capex commitments,' said an analyst.
BUSINESS
Sudeep Pharma IPO subscribed 5x on Day 2, GMP declines: Should you apply?
Sudeep Pharma IPO GMP: The price band for the IPO has been set at Rs 563-593 per share.
BUSINESS
Brokerages see up to 24% upside for HAL shares despite Tejas fighter jet crash in Dubai: Here's why
Hindustan Aeronautics share price: CLSA sees volatility as a chance to accumulate HAL stock due to its $54 billion pipeline
BUSINESS
IndiGo rises 2% as stock set to join Sensex on Dec 22, Tata Motors PV down 1.5% on index exclusion
The newly-listed shares of Tata Motors Passenger Vehicles dropped to a low of Rs 356.65 apiece. The company currently has a market capitalization of Rs 1.32 lakh crore.
BUSINESS
HAL shares drop up to 9% after Tejas fighter jet crashes in Dubai: Here's what analysts say
HAL share price: HAL issued a clarification, stating that the Tejas crash was 'an isolated occurrence arising out of exceptional circumstances', which would have no impact on the company’s business operations, financial performance or future deliveries.
BUSINESS
Tejas fighter jet crash in Dubai: HAL shares could see short-term volatility next week, say analysts
Analysts have suggested that while the stock may see some short-term volatility after the crash, the long-term prospects remain strong unless some structural flaw is exposed.
BUSINESS
Block deals impact: Karnataka Bank shares jump 11%, Apex Frozen hits 20% upper circuit
Karnataka Bank shares rose to its highest level in around four months. Apex Frozen Foods shares meanwhile hit a fresh 52-week high.
BUSINESS
IndusInd Bank shares jump 3% amid buzz over $1-billion fundraise; lender issues clarification
IndusInd Bank share price: The stock's P/E ratio currently stands at over 64.
BUSINESS
Bank Nifty snaps 2-day gains after hitting record high; index set for longest weekly-winning run since June
Analysts expect banks' credit growth to improve due to demand uptick following rate cuts, see stable asset quality as a positive for lenders
BUSINESS
PhysicsWallah shares extend losses for 3rd day: Should you go long? Here's what analysts say; check stop loss
PhysicsWallah share price: Analysts have advised which investment strategy traders should take for the newly-listed stock.
BUSINESS
Sudeep Pharma IPO gets fully subscribed on Day 1, GMP signals strong listing: Should you apply?
Sudeep Pharma IPO GMP: Ahead of listing, the unlisted shares of the company were trading with 19-20% GMP over the IPO price
