IPOs galore! Over two dozen Initial Public Offerings (IPOs) are expected to hit the primary market in the coming two months. The companies could collectively end up raising over Rs 30,000 crore. The return of the Modi government for a third term has renewed investor confidence, signaling a period of stable governance and policies.According to…
When will BSE Sensex hit the 1 lakh milestone? Market analysts and experts are optimistic about the Indian equity markets scaling new highs with the Narendra Modi-led NDA government retaining Nirmala Sitharaman as the Finance Minister. During her first tenure as India’s Finance Minister, the Sensex experienced a remarkable 93% jump!According to an ET analysis…
Analysts are of the view that the stock market seems to be in consolidation mode. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex moved up above 76,600, Nifty50 was near 23,300. At 9:18 AM, BSE Sensex was trading at 76,609.51, up 153…
BENGALURU: Microsoft-owned developer platform GitHub has onboarded an additional 2.2 million developers in India in 2024, bringing the country’s tally to 15.4 million. India’s developer community on GitHub is projected to surpass that of the US — which currently stands at 21 million — by 2027. Last year, GitHub had added 3.5 million developers, increasing…
Mumbai: The rupee weakened to a new low of 83.57 against the dollar in the interbank foreign exchange market on Tuesday. The dollar gained against most Asian currencies ahead of the US Fed‘s meeting on Wednesday.The rupee has been under pressure this week. After closing lower at 83.51 on Monday, the currency opened weak on…
Zerodha’s founder & CEO Nithin Kamath has said that investors on the platform have booked profits worth a whopping Rs 50,000 crore in over four years. The Indian equity markets have witnessed a significant surge in investor participation, especially in the post-Covid pandemic period, resulting in a substantial increase in the number of investors entering…
Bhavish Aggarwal, the founder of Ola Electric, has reportedly informed a select group of employees about Sebi’s approval. Ola Electric IPO news: Ola Electric, a prominent EV startup based in Bengaluru, has received approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), according to individuals familiar with the…
SBI did not disclose the intended use of the proceeds from the fundraising. The State Bank of India (SBI), the nation’s biggest lender, announced on Tuesday that its board has given the green light to raise up to $3 billion through debt instruments in the present fiscal year.The government-run bank will secure the funds in…
Railway stocks: Ashwini Vaishnaw‘s continuation as the Railway Minister in the Modi 3.0 government is expected to bring renewed attention to stocks in the railway sector, many of which have delivered impressive returns over the past year.An analysis of the performance of railway sector stocks during the tenures of the four railway ministers in the…
Modi 3.0 agenda for Indian Railways: Prime Minister Narendra Modi-led NDA government is expected to continue its focus on infrastructure related sectors like roadways and railways for its capital expenditure push. Even as ministries have their 100-day agendas ready, Indian Railways is expected to focus on enhancing its capacity to carry both passengers and cargo.According…
