Our view on crypto assets (crypto coins as an asset class) is that there is a fast-growing use-case for every investor to have some exposure in their portfolios
The broader markets however finished in red, the breadth too was negative
The issue would be a mix of fresh issuance and offer for sale (OFS) for existing shareholders
Shares of Aditya Birla Sun Life AMC hit a low of Rs 569, its lowest level since listing on October 11, 2021
Shares of Borosil Renewables hit a new high of Rs 722.85, up 5% on the BSE in intra-day trade today. The shares have rallied 28% in the past five trading days
The rise in inflation and Omicron-variant has complicated the picture for global central banks. What are the policy dilemma of different global banks and how investors are reading the developments?
The PCA being extended to NBFCs may prove to be a good decision for the long-term as it will encourage good practises and is also expected to improve governance
After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing
The company's customer addition during the pandemic was low in absence of an online demat account opening facility and onboarding of only parent bank customers
Omicron remains a wild card in the equation with the full impact of the new coronavirus variant as yet unclear, analysts said
Electronic manufacturing services firm Syrma SGS Technology has filed preliminary papers with capital markets regulator Sebi to raise up to Rs 1,200 crore through an initial public offering (IPO). The public issue comprises fresh issue of shares worth Rs 926 crore, and an offer for sale (OFS) of up to 33.69 lakh equity shares by Veena Kumari Tandon, according to the draft red herring prospectus (DRHP). The company may also consider raising Rs 180 crore via a pre-IPO placement before filing its red herring prospectus and, if that happens, the issue size will be altered accordingly. As per market sources, the company is looking to garner between Rs 1,000 crore and Rs 1,200 crore. The net proceeds from fresh issue will be utilised for funding capital expenditure requirements to expand manufacturing as well as R&D facilities, funding long-term working capital requirements besides general corporate purposes. Syrma SGS is a technology-focussed engineering and design company engaged in .
The broader markets also weakened towards the end of the trading session; Sun Pharma, however, gained nearly 3 per cent.
The MSCI global stock index was flat at 735.13 points, just over 3% below a lifetime high last month
While the company did not specify where the funds are intended to be used, Burger King India has been on a footprint expansion
The listing is scheduled for December 16, 2021
In the past three months, the stock has outperformed the market by surging nearly 30 per cent
The stock of Bandhan Bank has been underperforming the banking index and is still struggling below the resistance zone of moving averages
US inflation's so persistent that US policymakers do not consider it as 'transitory'. Will the US Fed become the first major global central bank to hasten tapering of its asset purchase programme?
Street has reckoned Shriram Transport Finance Corporation as an indirect play on the CV cycle - this appeal will reduce post the potential merger, analysts said
Top 100 firms created Rs 71 trillion of wealth in the past five years, according to the study