India’s IT sector has long been a global powerhouse, significantly contributing to the country’s economic growth and technological advancements. However, with fluctuating market conditions and evolving global demands, the question arises: Are IT stocks in India headed for a boom or a bust? Current Landscape: India’s IT industry, spearheaded by giants like TCS, Infosys, and…
A Systematic Investment Plan (SIP) is a method of investing in mutual funds that allows investors to contribute a fixed amount of money at regular intervals, typically monthly or quarterly. SIP is a popular investment choice, especially for beginners, due to its simplicity and potential for wealth creation over the long term. What is SIP?…
The Indian stock markets welcomed the first day of 2025 with optimism as benchmark indices opened on a positive note. Early trade on Wednesday saw the 30-share BSE Sensex climbing 99.38 points, reaching an impressive 78,251.76. Similarly, the Nifty 50 gained 20.55 points, advancing to 23,665.35, signaling a promising beginning to the new year for…
Unimech Aerospace IPO Allotment Date, Time: The subscription window for the Rs 500 crore public issue of Unimech Aerospace and Manufacturing has ended, with the IPO witnessing a massive interest. As per the latest NSE data, the public issue has received 174.88X bids. As against 47,04,028 shares on offer, the Rs 500 crore IPO of Unimech Aerospace and Manufacturing…
DAM Capital Advisors, one of India’s leading investment banks, captured a substantial 12.1% market share in Fiscal 2024, measured by the number of IPOs and QIPs it managed as a book-running lead manager. The company launched its Initial Public Offering (IPO) on December 19, 2024, with the bidding period concluding today, December 23, 2024. IPO…
The stock market saw gains last week, with the Nifty 50 and Sensex rising by about 1.5%. Nifty Bank ended at 51,135.40, and sectors like Auto, Realty, and FMCG also performed well. Broader indices showed positive results too. Monday’s trade outlook: As of November 25, 2024, here are stock recommendations from market experts: Reliance Industries…
Both the Sensex and Nifty experienced losses for the fourth straight day. FMCG and auto stocks saw selling pressure after major companies reported disappointing results. The Sensex and Nifty dropped for the fourth consecutive day, with FMCG and auto stocks facing selling pressure due to disappointing results from major companies. Ongoing foreign sales affected market…
Stock exchanges facilitate trading in listed shares and securities, including bonds and commodities. They enable companies to list their stock publicly, generating extra capital for their operations. Additionally, stock exchanges provide investors with a platform to trade, facilitating wealth creation. In India, the prominent stock exchanges are the NSE and BSE. What is NSE? Founded…
Bonds are fundamental financial instruments used by governments, municipalities, and corporations to raise capital. These entities issue bonds to investors to secure the funds needed for various projects, operations, or financial needs. Essentially, bonds represent a form of debt where the issuer borrows money from investors, promising to repay the principal amount at a future…
Shareholders at Tesla have made a significant decision, choosing to maintain Elon Musk’s compensation schedule, which includes a record-breaking $44.9 billion pay package. This move comes after a contentious shareholder referendum, with some notable investors expressing opposition to the deal. Despite the controversy, the majority of shareholders have approved the package, which is seen as…
