Latest Stock Market News
Rexpro Enterprises IPO subscribed over 4 times so far on Day 2: Check GMP, price band and other detailsUpdated at : 2025-01-23 13:45:01 Rate this item (1 Vote)Rexpro Enterprises SME IPO was fully subscribed on the second day of bidding, with a 4.17 times overall subscription. The company aims to raise Rs 54 crore, and its shares are set to list on the NSE SME platform. The retail portion was subscribed 7.31 times, while the GMP ahead of listing stood at Rs 25, indicating a 17% premium over the IPO price band. |
ET@Davos: Adar Poonawalla on Trump, Targets, and TransitionsUpdated at : 2025-01-23 13:45:01 Rate this item (1 Vote)
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Wipro shares rally 5% amid strong Q3 earnings and global tech surgeUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)Wipro shares surged 5% following strong third-quarter earnings, which saw a 24% YoY increase in net profit and a marginal rise in revenue. Investor sentiment was buoyed by robust deal momentum, including $3.5 billion in contracts. Technical indicators suggest a bullish trend, with Wipro benefiting from global tech rallies and sectoral optimism. |
Wish I could confidently say the worst is behind us: Harshad PatwardhanUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)Harshad Patwardhan from Union Mutual Fund shares insights on the volatile equity markets for 2025, driven by geopolitical tensions and policy decisions. Investors are advised to maintain a long-term perspective, use Systematic Investment Plans, and stay committed despite market fluctuations for better portfolio management. |
Can HUL shares fall below Rs 2,000? Check target prices after muted Q3 printUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)HUL share price: For Q3FY25, HUL reported a net profit of Rs 3,001 crore, exceeding estimates, although profit before exceptional items (PAT bei) remained flat. Sales grew modestly by 2% YoY to Rs 15,195 crore, while underlying volume growth (UVG) remained unchanged. |
ET@Davos: Waaree Group Chief on India’s Energy PotentialUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)
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Denta Water IPO subscribed nearly 25 times so far on Day 2: Check key dates, GMP, subscription, price band, reviewUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)Denta Water IPO: Non-institutional investors (NIIs) displayed the strongest interest, with subscriptions soaring to 54.27 times, followed by retail investors, who subscribed 25.10 times. The portion allocated to qualified institutional buyers (QIBs) saw a subscription of 1.72 times. |
Bid amount exceeds RBI offer for 1st time in daily VRR auctionUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)On Wednesday, the Reserve Bank of India (RBI) received bids worth Rs 1.72 lakh crore, 38% higher than the notified amount of Rs 1.25 lakh crore, in the daily Variable Rate Repo (VRR) auction. The surge in bids was driven by higher GST outflows and liquidity pressures. The RBI will inject Rs 1.25 lakh crore on Thursday. |
ET@Davos: AB InBev India President on Growth, Regulations, SustainabilityUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)
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Rupee strengthens against dollar driven by global USD retreat and RBI actionsUpdated at : 2025-01-23 12:25:01 Rate this item (1 Vote)The Indian rupee appreciated 26 paisa to 86.32/dollar, driven by a global retreat in the USD index and central bank interventions. The Reserve Bank of India’s dollar-rupee swaps impacted forward premiums, with the one-year forward at its lowest since July 2024. Despite volatility and continued pressure from a strong dollar index, a softening trend is expected. |