ICICI Prudential AMC share price: LG Electronics continues to the top the list, after its shares debuted with a premium of 50% over the IPO price in October this year.
S Naren said ICICI Prudential AMC’s listing will not alter its investor-first approach, focusing on disciplined asset allocation, risk communication and long-term decision-making.
For the local industry to perform, new AI-led services must offset the deflationary impact of AI on the existing revenue stream
Pharma stocks: The Biosecure Act bars some Chinese biotech companies from receiving federal funding.
Jefferies values Groww at a premium to its peer Angel One as the former has higher growth, better margins and lower F&O exposure
ICICI Prudential AMC shares rose as much as 23 percent to Rs 2,663.40 on the NSE on the debut day.
BLS International share price: Earlier in October, the Ministry of External Affairs (MEA) banned the company from participating in future tenders of the ministry and India Mission abroad for two years.
For Indian IT companies such as TCS, Infosys, HCLTech, and Cognizant, analysts say a stronger recovery is likely to depend on an improvement in macro conditions rather than company-specific execution alone.
Ola Electric share price: CEO's stake sale completely eliminates all promoter pledges, as it releases all 3.93% shares previously pledged for the loan.
Exim Routes share price: The IPO was subscribed over 14 times between December 12-16.
Industry participants say the answer is not straightforward and will take time to assess. While expense caps have been lowered, asset management companies (AMCs) are unlikely to absorb the entire impact
ICICI Prudential AMC's market capitlization post bumper listing of shares stood at Rs 1.3 lakh crore on the BSE.
FII buying, stronger rupee, solid Q1 results of Accenture also contributed to the bullish market sentiment on December 19
India’s AI-led data centre demand is gathering momentum, creating powerful tailwinds across the technology and infrastructure ecosystem.
While AI has shortened RFP timelines, its biggest impact has been on the quality of responses rather than speed alone, the Cognizant’s chief AI officer tells Moneycontrol.
In the last three days, Indian rupee has appreciated 1.04 percent against the US dollar, according to the Bloomberg data.
The crackdown on foreign students and tougher immigration policies have made the US less welcoming, prompting many to consider alternatives such as Canada and Europe, Hodjat tells Moneycontrol
In markets underpinned by strong and stable fundamentals, underperformance is temporary. Eventually, fundamentals take over. When is the big question
The Nifty 50 failed to sustain its intraday recovery and ended flat with a negative bias on December 18, extending its downtrend for the fourth straight session and continuing the lower high–lower low formation. However, both the Nifty and Bank Nifty appear to have formed a bullish reversal-type pattern. The index managed to hold above the 50-day EMA and an upward-sloping support trendline on a closing basis. Experts say a rebound could face resistance in the 25,900–26,000 zone, while a decisive break below 25,750–25,700 may open the door for a deeper correction toward 25,500–25,450. Among stocks in focus today are IT names after Accenture’s earnings, while Bharti Airtel will be watched amid a series of senior leadership changes and Vodafone Idea is in focus after it raises Rs 3,300 crore NCD raise to fund growth. ICICI Prudential AMC makes its stock market debut following strong demand during its IPO. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-founder of NeoTrader, and Alok Agarwal, Head – Quant & Fund Manager at Alchemy Capital Management.
Kotak Mahindra Capital Co. and Goldman Sachs Group Inc. expect next year’s IPO fundraising to reach as much as $25 billion
The short answer is we don’t know but hope springs eternal
Indian equities are expected to open higher, with capital market stocks in focus amid ICICI Prudential AMC’s listing and SEBI’s expense ratio reforms.
FIIs extended their buying on second day on December 18 as they bought equities of nearly Rs 600 crore, while DIIs bought equities of Rs 2,700 crore on the same day
While global risks and sector-specific challenges remain, the broader economy today is supported by stronger balance sheets, healthier financial system plumbing, and greater policy flexibility than in past cycles, said Anil Rego.
Biggest Nifty gainers were Shriram Finance, Max Healthcare, Bharat Electronics, Power Grid Corp, Tata Motors Passenger Vehicles, while losers included HCL Technologies, Adani Enterprises, Hindalco, JSW Steel, Kotak Mahindra Bank. All the sectoral indices ended in the green with auto, pharma, oil & gas, realty, telecom, healthcare rose 0.5-1 percent. The broader indices outperformed the main indices with BSE midcap and smallcap indices rising 1 percent each.