Cryptocurrency exchange Bybit has launched “IPO Express”, a platform that allows eligible users to subscribe to tokenised representations of initial public offerings (IPOs), beginning with shares linked to aerospace company SpaceX. The exchange said the service, powered by tokenisation provider xStocks, will enable eligible retail investors to access IPO allocations at the offering price through…
Nilesh Shetty, Portfolio Manager at Quantum Advisors, believes India could benefit if the global AI trade loses momentum, though he does not expect foreign inflows to pick up meaningfully amid concerns over the rupee and geopolitical tensions. The fund remains positive on private sector banks, insurance companies and large-cap pharma stocks, while selectively adding IT…
Adani Block Deal: The Indian stock market’s recent underperformance has largely been driven by sustained foreign fund outflows, reflecting a cautious stance among overseas investors towards domestic equities. Yet, strong domestic participation has emerged as a key stabilising force. Steady inflows from retail investors, mutual funds and systematic investment plans (SIPs) have helped absorb foreign…
India could attract $50-60 billion in foreign inflows over the next few months following the Reserve Bank of India’s (RBI) recent measures to lure precious dollars, according to ICICI Securities executives speaking at the ICICI Securities Investor Conference 2026. On Friday (June 5), the RBI allowed eligible foreign investors to buy long-term government bonds via…
The Nifty Metal index is on a four-day losing streak, having seen profit booking from elevated levels amidst a strengthening US Dollar in the global markets. Amidst this fall, three stocks, NALCO, Hindustan Zinc and SAIL, have already seen losses in double-digits during this four-day period. While shares of NALCO are down 11% and are…
Shares of InterGlobe Aviation Ltd. were trading 2.39% lower at ₹4,374 on Monday, even as the airline outlined an ambitious growth roadmap aimed at transforming itself into a major global aviation player by 2030. As part of its IndiGo 2030 vision, the carrier is targeting annual capacity of 300 billion available seat kilometres (ASK) and…
State-run lender Punjab National Bank (PNB) expects to mobilise $2.5-3 billion through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits following the Reserve Bank of India’s recent measures aimed at attracting foreign currency inflows. Speaking to CNBC-TV18, MD & CEO Ashok Chandra said the RBI’s steps are “highly positive” for banks and could help the banking sector…
The stock market saw notable moves today as several stocks emerged as top gainers and losers. Leading the gainers were companies that posted positive developments or benefited from sectoral momentum. These stocks recorded significant price appreciation, supported by higher trading volumes and positive investor sentiment.Meanwhile, the losers list featured stocks that came under pressure due…
Sectorally, the weakness was widespread, with all indices except Nifty Pharma and PSU Bank opening in the red. IT and Realty stocks were among the worst hit, falling over 1.6 per cent each. Heavyweight laggards included Wipro, M&M, IndiGo, Hindalco, and Tata Steel, which led losses across sectors. Meanwhile, stocks like Nesco slipped 1.5 per…
CMR Green Technologies IPO Allotment Date: The Rs 631-crore IPO received bids for 2,92,75,44,594 shares against 2,30,43,930 shares on offer, as per NSE data. CMR Green Technologies IPO Allotment Date: The initial public offer of CMR Green Technologies Ltd, a non-ferrous metal recycler, received a whopping 127 times subscription on the closing day of bidding…
