India’s largest stock exchange NSE is set for a landmark public listing, and former MCX Managing Director and CEO Mrugank Paranjape believes the event could do much more than create another marquee stock. “Can you imagine that one single stock like NSE, with the amount of foreign holding that it allows, can draw close to…
Jaiprakash Associates delisting NSE, BSE: The shares of Jaiprakash Associates (JAL) have been delisted from the stock exchanges – BSE and NSE today, June 18, after one of the longest-running insolvency cases that concluded with Adani Group’s acquisition of the debt-ridden company’s assets. “The company places on record its sincere appreciation for the support and…
Nikhil Khandelwal, Managing Director of Systematix Group, said companies exposed to cyclical sectors are seeing stronger earnings visibility as inflation moderates. He added that easing price pressures are also expected to support consumption, leading to a more optimistic outlook across businesses and providing an additional boost to the Indian economy. The brokerage has become more…
The stock in discussion is String Metaverse Ltd. The shares of String Metaverse are currently trading at Rs 9.72, up Rs 0.02 or 0.21 per cent from the previous close of Rs 9.70. String Metaverse Share Price: A stock, engaged in IT-enabled services, under Rs 10, is set to trade ex-date for a bonus issue….
India’s stock market may appear subdued this year, with the benchmark Nifty 50 index down about 7% to 7.5% in 2026. But Pankaj Tibrewal, Founder and CIO of IKIGAI Asset Manager, which manages nearly ₹89 crore in assets, says the headline number masks a much stronger story unfolding beneath the surface. “The real move is…
Shares of FSN E-Commerce Ventures Ltd., the parent of beauty and fashion retailer Nykaa, surged over 7% on Thursday, June 18, extending gains for a second straight session after the company outlined its long-term growth targets at its Investor Day. Nykaa said it is targeting gross merchandise value (GMV) of over ₹500 crore across its…
IPO 2026 Outlook: India’s IPO market is gaining momentum in 2026, driven by strong investor demand, improving global sentiment, and a robust pipeline. (Image: AI/ET Now) IPO 2026 Outlook: India’s primary market appears to be regaining momentum, with fresh developments around the proposed initial public offerings (IPOs) of marquee companies such as the National Stock…
Shares of The New India Assurance Company Ltd. surged as much as 13.5% on Thursday, June 18, after the name of the company appeared in the names of selling shareholders in the Draft Red Herring Prospectus (DRHP) filed by the National Stock Exchange (NSE) last night, ahead of its mega Initial Public Offering (IPO). This…
Large non-banking finance companies (NBFCs) — lenders that operate like banks but cannot accept deposits — are set for earnings upgrades of 3-5%, driven by falling borrowing costs and asset quality that is holding better than expected, according to Viral Shah, Senior Vice President at IIFL Capital. Shah said the macro backdrop has shifted in…
NSE IPO Latest News: Institutional investors and state-run financial entities lead the list of selling shareholders in the public issue. (Image – ChatGPT) The National Stock Exchange of India has filed its draft red herring prospectus (DRHP) on Wednesday to launch its most-awaited initial public offering (IPO) of up to 148,905,525 equity shares, setting the…
