Walmart-backed payments company PhonePe on Thursday said it is not planning an IPO right now and will look at going public once its core businesses turn profitable. “PhonePe is not…
PhonePe says not planning IPO right now
Mahindra & Mahindra, TVS Motor hit 52-week highs on BSE; Star Health, Suryoday SFB at fresh 52-week lows
BSE Sensex and NSE Nifty 50 were trading flat with a negative bias on Tuesday, dragged by losses in index heavyweights such as HDFC Bank, Housing Development Finance Corporation (HDFC),…
Axis MF sees securities law breach by 2 fund managers
Axis Mutual Fund said on Tuesday there are “strong reasons” to believe that Viresh Joshi and Deepak Agrawal, the two fund managers who were sacked by the company in June,…
Buy Maruti Suzuki: Stock price may jump 7% in 3 months, breakout from 4-month consolidation signals up move
Maruti Suzuki share price gained nearly one per cent to Rs 8,699.8 apiece from day’s low on Thursday. The stock hit a 52-week high of Rs 9,022 in February. Analysts…
52-week high low on NSE, BSE: ITC among 71 BSE stocks to hit fresh highs, 23 scrips touch new lows
Bulls continued to pull domestic headline indices higher on Tuesday. S&P BSE Sensex soared more than 600 points to hit an intra-day high of 53,865 while the NSE Nifty 50…
Sebi issues Rs 27 lakh recovery notice to individual in L&T Finance Holdings case
Capital markets regulator Sebi has sent a notice to an individual asking him to pay Rs 27 lakh in a case pertaining to violation of insider trading norms in the…
NBFCs may see higher attrition in mid-level staff
Non-banking financial companies (NBFCs) are expected to witness a rise in attrition among front-line and mid-level staff as various new entrants ramp up hirings. As a result of this, experts…
LIC shares dive 27% from issue price; Motilal Oswal initiates coverage with buy, sees 20% potential rally
LIC share price rose around 2 per cent on Tuesday, a day after the stock was categorised as largecap, according to the Association of Mutual Funds in India’s (AMFI) latest…
Rupee likely to depreciate amid strong dollar, elevated crude prices; USDINR pair to trade in this range
The rupee is expected to depreciate today amid rising crude oil prices and strong US dollar. However, investors will closely watch US GDP QoQ (Q1) data as it is expected…
China, Hong Kong stocks surge as Shanghai declares victory over COVID
China stocks rose on Monday, with tourism and consumer sectors leading the gains, as Shanghai’s top party boss declared victory over COVID-19 after the city reported zero new local cases…