Latest Stock Market News

Kotak Strategic Situations Fund (KSSF) plans to invest around ₹1,600 crore in the active pharmaceutical ingredients (API) business acquired by Nimmagadda Prasad. The fund will support the acquisition through a $200 million funding, provided through a mix of structured debt and equity. Deutsche Bank and DBS have also reportedly financed the acquisition.

Stocks in Israel and the Middle East dropped on Sunday in response to the heightened tensions in the region. Israel equities plunged 5.8% at the time of going to print. Saudi Arabia was down 1.7%, while Kuwait and Qatar markets were trading weak.

While a surge in US bond yields has exerted upward pressure on OIS rates over the past month, market participants said that the heightened degree of vigilance about inflation expressed by the RBI on Friday had given traders reason to consider the possibility of more domestic monetary tightening.

But does investing in ESG portfolios affect the financial returns and risks of investors? Is there a trade-off between pursuing sustainability and profitability? In this article, we will review some of the recent research and evidence on this topic and explore the implications for investors.

The German premium footwear company will make a final decision on pricing its IPO at the top of its $44-to-$49-per-share range on Tuesday, ahead of its shares debuting in New York on Wednesday, the sources said.

The approval comes after the SEBI had on September 29 asked the company to put on hold the proposed go-live of its new commodity derivatives platform planned for the first week of October.

India’s frontline index Nifty50 has given 8% returns in 2023 as against negative 1.20% returns by Australia’s top index S&P/ASX 200. On the immediate form, Nifty enjoys an upper hand with 0.66% returns over the past week versus (-) 1.34% given by the latter

Countries like the United States have already embraced fractional ownership through various platforms, allowing individuals to invest in substantial companies such as Apple without requiring significant capital. If India adopts this practice, it could empower investors to make informed choices and diversify their portfolios effectively

We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout.We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view