Nifty Prediction for Tuesday, June 2 by experts: The technical analysts further believe that traders should prepare for another volatile session, with key support levels likely to determine the near-term direction of the market. Nifty50 Prediction for Tuesday, June 2 by experts: The 50-share NSE Nifty is expected to witness a cautious-to-negative start on Tuesday,…
Markets regulator SEBI has approved US-based State Street Global Advisors’ proposed stake acquisition in Groww Asset Management, a wholly-owned subsidiary of Billionbrains Garage Ventures, the investment platform said on Monday. Following the proposed transaction, SSGA will acquire shares in Groww AMC and, upon completion of the deal, will hold voting rights of 4.85% and an…
Sensex Prediction for Tuesday, June 2 by experts: Market participants are bracing for continued near-term volatility as technical indicators flip decisively bearish, compounded by a major geopolitical flare-up in West Asia and surging global crude oil prices. Sensex Prediction for Tuesday, June 2 by experts: The Indian equity benchmark Sensex is staring at a highly…
US stocks opened on a mixed note on Monday, June 1, as a sharp rise in oil prices and escalating geopolitical tensions in West Asia weighed on investor sentiment, while gains in technology shares helped limit broader market losses. The Dow Jones Industrial Average slipped 116 points, or 0.2%, at the open on Monday, while…
From Wipro’s step-down subsidiary, Wipro IT Services, LLC, plans to acquire an additional 20% stake in Aggne Global Inc for $28.5 million to PNC Infra receiving a Letter of Acceptance (LOA) from the Lucknow Development Authority for a flyover construction project; here are some stocks to track ahead of Tuesday trading session. 2 Min Read…
The government of India on Monday (June 1) announced an Offer for Sale (OFS) in state-owned NHPC Ltd with a base offer size of 3% of the company’s equity. The OFS also includes an additional 3% green shoe option in case of oversubscription. The Ministry of Power will initially sell 3% stake, equivalent to 30.13…
SEBI cancelled the registrations of five alternative investment funds (AIFs) with immediate effect. (Pic Credit: iStock/ETNOW) Capital markets regulator Sebi on Monday cancelled the registration of five alternative investment funds (AIFs) for repeatedly failing to submit mandatory quarterly activity reports. In separate orders, Sebi cancelled the registrations of Exponential Innovation Fund, Florintree India Flexi Advantage…
Artificial intelligence startup Anthropic has confidentially filed for an initial public offering (IPO) in the United States, marking what could become one of the most closely watched stock market listings in the AI sector. The company announced on Monday that it had submitted confidential paperwork to US regulators, a process that allows firms to begin…
Fino Payments Bank said on Monday, June 1, that it has entered into a strategic partnership with Ezee.ai to deploy an artificial intelligence-enabled Loan Origination System (LOS), Business Rules Engine (BRE) and Collections Management Platform as part of its transition towards becoming a small finance bank (SFB). According to the bank, the collaboration is aimed…
ACME Solar Holdings Ltd on Monday (June 1) has launched a qualified institutional placement (QIP) to raise up to ₹2,800 crore. The announcement confirms CNBC-TV18‘s newsbreak earlier today. The issue comprises a base size of ₹2,600 crore along with a greenshoe option of ₹200 crore. The indicative issue price has been fixed at ₹279.50 per…
