Reseñas

Shares of state-owned PFC and REC rose by 2% and 3% as UBS initiated coverage on them. UBS sees potential growth driven by financing renewable energy and infrastructure projects.

Paytm Share Price: Paytm shares saw a 5% increase after approval from the finance ministry for investment in its payment services business. This allows Paytm Payments Services Limited to resubmit its payment aggregator license application. This step is crucial as it lifts regulatory barriers and could enable Paytm to onboard Continue Reading

Shares of Resourceful Automobile listed flat on the BSE SME platform at Rs 117, despite strong subscription and a GMP of 89% above the offer price. The company, which operates two Yamaha showrooms, plans to use the IPO proceeds for expansion, debt repayment, and general corporate purposes.

​Retail is something I would say it is a work in progress. They are growing, but still highly competitive business. Lot of, I think, things to do by Reliance in that particular business. So, I would not be surprised if your telecom business, which is your Jio platform, comes first Continue Reading

The strategy focuses on generating alpha during both rising and falling markets through sophisticated derivative and hedging strategies, ensuring stability and protection against market downturns.

​So, commodity as a space, including chemical commodity, we find that probably the better times going forward. From the pipeline, I think the expensive inventory is also out and as a result of which some of these companies are looking relatively better placed on the margin front for FY25.

In the 47th annual general meeting of RIL, the investors will watch out for timelines, targets, new partnerships and other announcements regarding the conglomerate’s diversified business that sprawls across oil and petrochemicals, telecom, retail, new energy and finance.

Shares of InterGlobe Aviation, which operates IndiGo Airlines, fell 3% to Rs 4,714.90 after co-founder Rakesh Gangwal sold 2.3 crore shares (6% equity) at Rs 4,760 each, totaling Rs 11,000 crore. The official sellers remain undisclosed. The stake sale amount was revised from Rs 6,750 crore.

U.S. stocks fell on Wednesday as investors awaited Nvidia’s quarterly report, seen as a key event given the company’s significant gains from the AI boom. Nvidia shares dipped, influencing other tech giants. Anticipation also surrounded the U.S. Federal Reserve’s possible interest rate cut at its September meeting.

The government issued a notification stipulating a lower public shareholding requirement for companies listing on stock exchanges at the International Financial Services Centre (IFSC)-a deemed foreign jurisdiction-a move aimed at wooing firms to list there.