SpaceX IPO: The highly anticipated IPO of SpaceX is attracting significant investor attention as expectations of a public listing continue to build. The Elon Musk-led company is reportedly seeking to raise about USD 75 billion at a valuation of roughly USD 1.75 trillion, a figure that would place it among the world’s most valuable publicly…
SBI General Insurance IPO: ‘Maybe after the AMC listing, we will look at it,’ says SBI Chairman CS Setty SBI General Insurance IPO: State Bank of India’s Chairman Challa Sreenivasulu Setty said the public sector lender is planning for a public listing of SBI General Insurance after the initial public offering of SBI Asset Management…
NBFC Stocks to Buy: The non-banking financial company (NBFC) sector delivered a strong performance in the March quarter of FY26, supported by robust loan growth, improving margins, and healthier asset quality, according to reports by brokerages Nirmal Bang and 360 One Capital Research. Both brokerages noted that credit demand remained resilient despite concerns surrounding geopolitical…
Will next phase of market rally shift away from large caps? Helios Mutual Fund’s Dinshaw Irani on portfolio shift, Q4 earnings trends and more | ET NOW EXCLUSIVE (Image source: Shutterstock/ET NOW) India’s mid- and small-cap stocks: India’s mid- and small-cap stocks have started taking the centrestage, thanks to the equity rally. Rising valuations, strong…
Adani Energy Solutions Limited (AESL) has officially announced an expansion of its smart metering portfolio through the acquisition of 100% of the equity share capital of Intellismart Infrastructure Pvt. Ltd. The company entered into a securities purchase and subscription agreement (SPSA) for this acquisition on Tuesday, June 9. Rationale Behind The Acquisition This acquisition aligns…
Shares of Gabriel India gained over 5.5% to ₹1,035 on Tuesday, June 9, after Motilal Oswal Financial Services initiated coverage on the stock with a “Buy” rating and a price target of ₹1,266, implying an upside of about 29% from Monday’s closing price of ₹981. Motilal Oswal’s scenario analysis pegs Gabriel India’s bull-case target at…
India’s equity rally is increasingly being driven by mid- and small-cap stocks rather than large-cap heavyweights, according to a recent report by Motilal Oswal Financial Services. Strong earnings growth, rising valuations and sustained investor interest have pushed the share of mid- and small-cap stocks in total market capitalisation to record highs. MOSL noted that the…
Two infrastructure units of the Tata Group are contemplating re-entering the corporate bond market in the near future following a hiatus of more than 15 months, according to statements from two merchant bankers on Tuesday. Tata Steel is planning to raise 30 billion rupees ($313.23 million) by issuing five-year bonds. Meanwhile, Tata Group’s real estate…
NVIDIA vs Nifty 50: India’s recent equity market weakness has dented its global standing, with the country’s ranking in terms of market capitalisation, performance and investor appeal slipping amid rising foreign fund outflows and broader market volatility. A similar trend has been evident in the Nifty IT index, which has come under pressure due to…
Indonesia’s central bank unexpectedly raised its benchmark interest rate in an off-cycle decision, seeking to support the rupiah after a sell-off in stocks and bonds fuelled capital outflows. Bank Indonesia lifted the benchmark BI-Rate by 25 basis points to 5.5%, it said in a statement on Tuesday, ahead of the scheduled June 17-18 policy review….
