Magson Retail And Distribution lists with 40% premium at₹91.15 per share on NSE SME
The initial public offering (IPO) of Ahmedabad-headquartered Magson Retail And Distribution was subscribed 6.74 times during June 23 to 27.

Gold remains range-bound on easing dollar index, analysts cautious on near-term prospects; check rates
Gold prices rose in futures trade due to strong spot demand, with investors opening new positions. However, gold remained range-bound as investors awa...

FPIs become net buyers in June quarter as inflows surge to 10-month high; Nifty crosses 19,500-mark
So far, FPIs were net buyers in each of the three months of fiscal 2024, adding equities worth over ₹1 lakh crore.

AccelerateBS India IPO: Subscription status on day 1, and other key details
Digital technology services firm AccelerateBS India's IPO is open for public subscription until July 11. The company plans to sell shares for ₹90 each...

End of tax benefits worries French FPIs
They fear tax treaty tweaks to end capital gains exemptions.DTAAs are bilateral treaties between 2 nations to prevent businesses from getting double-t...

Bulk deals on July 06: Dish TV India, Eris Lifesciences, others exchange hands; check buyers, sellers
Hrti private limited bought shares of Dish TV India, Nila Space, and Reliance Power, while M/S. Prarthana enterprises sold shares of Reliance Power. H...

Macrotech Developers sets strong foundation for the new fiscal year
The company also added five new projects with gross development value (GDV) potential of ₹12,000 crore across different micro-markets.

Global stock markets plunge on interest rate hike fears
Investors’ sentiments were hit by FOMC minutes released on Wednesday on the Federal Reserve's last interest-rate meeting, which indicated that more hi...

BSE Share Buyback: To Participate or Not?
Leading stock exchange BSE approves share buyback proposal at 20% premium. More details inside.

Nifty predictions July 7: Index faces resistance at 19,500; Buy on dips for Bank Nifty
Trends on Gift Nifty also indicated a flat-to-lower start for the Indian indices. The Gift Nifty was trading 10 points lower at 19,478.

Day trading guide for today: Six stocks to buy or sell on Friday — July 7
Day trading stocks: Larsen and Toubro, Wipro, Tata Steel, NTPC, Kotak Mahindra Bank, and DLF are recommended stocks for intraday trading on Friday ses...

Dabur’s June quarter update is decent but fails to impress Street
With the recovery of rural demand, stability in material costs and the favorable performance of various business segments are likely to result in heal...

Paytm share price: Morgan Stanley, BofA, Citi give 'buy' tag after 60% rally in YTD
Paytm share price: Citi report recommends buying the stock for long term target of ₹1,160 levels

Sobha stock surges on robust quarterly sales, record high realisations
Revival in housing demand coupled with Sobha’s focus on cash flows and geographical expansion should hold it in good stead, analysts said

Gold prices slip on strong US jobs data and rising treasury yields; silver plunges₹600; check rates
Gold prices in Delhi fell by ₹110 to ₹59,240 per 10 grams due to weak global cues. Silver also dropped by ₹600 to ₹71,500 per kilogramme.

Reliance Retail to reduce equity share capital, cancelling non-promoter shares
Reliance Retail Limited plans to reduce its equity share capital, subject to approval from shareholders and the National Company Law Tribunal. Shareho...

After 5 kg LPG cylinder ‘Chotu’, Indian Oil to launch 2 kg ‘Munna’ in Northeast markets: Report
The per kg price of ‘Munna’ is nearly same as the regular domestic cylinder, while non-domestic ‘Chotu’ (free trade LPG cylinder) is a little higher....

Suzlon Energy board approves raising funds up to₹2,000 crore; check details
Earlier this week, Suzlon Energy had announced that the company will consider and approve raising of capital at its board meeting scheduled for July 7...

HDFC Bank to replace HDFC on MSCI global standard index from July 13
HDFC and HDFC Bank completed their $40 billion merger - the largest in India's corporate history on July 1 and have set July 13 as the record date for...

Oil heads for second straight weekly gain even as prices edge lower after US jobs data; what lies ahead
Brent's six-month backwardation , where nearby contracts trade above later ones indicating supply tightness, has risen sharply in recent sessions and ...

FPIs’ derivatives bets signal profit booking for now
FPIs’ cumulative net buying on futures contracts based on Nifty and Bank Nifty hit a four-year high of 102,828 on 6 July.