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IPO Watch: G R Infraprojects subscribed six times on Day-2

Clean Science offer gets 4.4x subscription

High valuation of $8 billion makes Zomato's offer less appetising

Competitive intensity, customer acquisition costs likely to delay profitability

Correction in bank stocks offers a good entry point: Gautam Duggad, MOFSL

The banking space offers tremendous long term opportunities, especially large-cap banks like HDFC Bank, ICICI Bank, Axis Bank and State Bank of India, says Duggad

Strong FY22 volume outlook to support Adani Ports' stock after correction

Street believes concerns related to promoter group, Myanmar are overdone

Insurance sector attracts 40% of FPI flows worth $2.35 bn in June

Insurance isn't a big sector in terms of weight, accounting for just 2.5% of FPI corpus. In comparison, nearly a third of FPI investments in the country are in banking and financial sector

Sebi committee proposes higher sweat equity for new economy firms

Group recommends inclusion of permissible reasons for issuance along with cap on quantum to be issued in sweat equity regulations

Rising cases, delta variant worries rattle domestic and global markets

Sensex posts biggest loss in nearly two months

Nippon India MF sells Rs 217 cr worth of Reliance Home Finance shares

Three debt schemes see rise in NAVs of 2-14%

Net equity inflows drop 41% month-on-month in June to Rs 5,988 crore

Investors take money off the table as markets hit new record highs

IPO watch: G R Infraprojects subscribed 2.3 times, Clean Science by 1.7x

NMDC OFS retail book undersubscribed, mops up just 76%

Weak Q1 show due to curbs in key markets may limit upsides in Titan

Analysts expect hallmarking, recovery to aid market share gains for the jewellery retailer

Gold prices rise for 6th straight day amid easing US bond yields

Spot gold rose 0.32 per cent to $1,801.55 per ounce by 9.10 pm IST, after hitting its highest since June 17 at $1,814.78 on Tuesday

Fund Pick: Why Aditya Birla Sun Life Corporate Bond Fund is a winner

The month-end assets under management of the fund rose to Rs 24,669 crore in May 2021 from Rs 15,654 crore in June 2018.

Equity cash, futures volumes dip in June on new peak margin norms

Meanwhile, the average daily trading turnover (ADTV) in the option segment rose six per cent month-on-month

IT, pharma, textile, auto ancillary sectors stand to gain from a weak rupee

The textiles sector saw a recovery in Q4FY21 and a weaker rupee could make it more competitive, and boost exports

Zomato raises IPO size amid robust demand; issue likely to open on July 14

IPO price band likely to be Rs 70-72 per share

Sensex closes above 53,000 for the first time ever, adds 193 pts

Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65

IPO deluge, muted Q1 show and Fed taper to weigh on FPI mood in near term

Large secondary sales likely as FPIs reallocate portfolios to IPOs; sharp rise in dollar could see them pull out of India

Double-digit volumes to drive Q1 growth for Godrej Consumer, Marico

Margins, however, are expected to correct on a YoY basis

74% companies plan to divest non-core assets in 24 months: EY India survey

Survey highlights that a key challenge faced by CEOs today is identifying the right time to divest assets as 70% of surveyed firms said they held on to assets for too long