Backed by automotive giant Hero MotoCorp and marquee investor Tiger Global, Ather’s listing comes amid choppy market conditions and a cautious investor climate following Ola Electric’s underwhelming market debut. Ola Electric hit the 20% upper circuit on its debut in August but has since slipped, delivering a negative return of over 34% from its listing…
Stocks to buy or sell under ₹100: After a positive start supported by favourable global cues, the Indian stock market witnessed sharp selling on Friday. This was on account of profit booking, which came in as cross-border tensions between India and Pakistan escalated following the terrorist attacks in Pahalgam, Kashmir. The nifty 50 index crashed…
With a myriad headwinds such as global trade war, upcoming state elections and interest rate resets, market volatility could persist in the current year. But, as global funds reallocate from China to markets like India, where growth is likely to be upwards of 6.5%, chances of a deep correction are unlikely, believes Nirmal Jain, founder,…
Following the reversal of reciprocal tariff measures, the domestic equity market staged a sharp recovery, gaining 14% within just two weeks. Amid the global sell-off, India demonstrated relative resilience, making the rebound more robust and presenting an opportunity for investors to pare down their positions as global & domestic market continue to be cautious. Also…
IndusInd Bank Shake-up: IndusInd Bank’s board of directors announced on Sunday, April 27, that the company is taking the necessary steps to realign top management roles and responsibilities, according to the exchange filing. “The Report also examined the roles and actions of key employees in this context. The Board is taking necessary steps to fix…
Wall Street investors in the week ahead will have plenty of economic data and quarter results from four of the seven magnificent companies. Amid uncertainty over tariffs battle between the United States and China, market participants will closely watch key economic data including GDP numbers for first quarter, consumer spending for March, Federal Reserve’s preferred…
India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), has partnered with cloud-based security platform DigiLocker to help reduce unclaimed assets and help investors securely manage their digital documents, according to a post by NSE on the social media platform X. Sebi‘s move to collaborate with DigiLocker comes as the regulator aims…
US President Donald Trump in a new post has claimed that the imposition of tariffs will lead to a huge number of Americans seeing a decline in their income tax. In a post on Saturday on his social media platform Truth Social, Donald Trump claimed that the tariffs will help reduce income tax for people,…
The backlash against Goyal’s remarks was swift and predictable. Startup founders, enablers and watchers joined camps either defending or criticising the progress of India’s entrepreneurial ambition and effort. But beyond the discourse on the internet, Goyal’s remarks pointed to an uncomfortable truth: builders in India have long struggled to turn foundational science into scalable and…
His allocation to global equities has doubled over the last five years—to 40% from 20%, Mukherjea shared in an interaction with Mint for the Guru Portfolio series. He also explained why he fears that, without careful financial planning, Indian middle-class households may get caught up in a debt trap. In this series, leaders in the…
