The Rs.1,282.98 crore IPO of Sansera Engineering, consisting entirely of an offer for sale (OFS), was subscribed 11.47X overall at the close of bidding on 16 September. The basis of allotment will be finalized on Tuesday, 21 September. If you have ap

Carlyle Fund plans to sell the third tranche of SBI Cards stock. In the latest round of block sale, which will be managed by BOFA Securities and Citigroup Capital Markets, Carlyle will sell 3.4 stake in SBI Cards equivalent to 3.2 crore shares of th

It looks like Kotak Bank is on an inorganic growth spree. Just a week back, Kotak Bank had picked up the vehicle financing business of Volkswagen Finance. On 20th September, Kotak Bank announced another acquisition of stake in Hyderabad based KFIN Te

HDFC Bank may have lost 2 market share in the credit cards market to SBI, Axis and ICICI Bank in the last one year. But, that was largely due to the ban on issue of fresh cards by HDFC Bank, after customers had complained about repeated outages on t

Vijay Kishanlal Kedia has been a relatively low-profile investors in the markets but has steadily built a high quality portfolio. As of June 2021, his portfolio consisted of 16 stocks with a current market value of Rs.785 crore. Vijay Kedia

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the

In the first week of September, the USDINR exchange rate stood at Rs.72.99/$. The rupee has now weakened to Rs.73.63/$. That is sharp weakening in a short span of time. What exactly has triggered this weakness and what is the likely outlook for the r

During the month up to 17-September, the foreign institutional investors (FIIs) infused Rs.16,305 crore into Indian markets. Out of this, the FIIs infused Rs.11,287 crore into equities and Rs.5,018 crore into debt. This is almost equal to the to

Evergrande of China is in the news for all the wrong reasons. It is no ordinary company. It is the second largest Chinese real estate company and has been a big beneficiary of the real estate boom across China. With over 1,300 projects spread across

On Friday, 17th September, the metal stocks came under pressure across the board. The NSE Metals Index was down 6.43 on Friday. There were 8 stocks that lost more than 5 in a single day, as shown in the table below. Stock Name

5paisa analysts bring the best intraday ideas, short-term ideas and long-term ideas for you. In the morning we provide best momentum stocks to buy today, while in the last trading hour we provide buy today sell tomorrow (BTST) and sell today buy toda

On Saturday, 18th September, the Ministry of Civil Aviation allowed domestic carriers to operate flights at 85 of pre-COVID levels. This was 50 in June, 65 in July, 72.5 in August and has now been increased to 85. In a way, this is almost a reve