In the last few weeks, the PSU banks in India have been the unlikely stars. For more than two years they just did not go anywhere. After the Q2 results, the PSU banking stocks have rallied on an average 73 from the lows of the year. But the movement

Kaynes Technology IPO had a healthy listing on 22nd November 2022, listing at a premium of 32.58, and closing the day well above the IPO price at the end of the day on listing day. While the stock did show some bouts of volatility during the da

Piyush Goyal has never been short of optimism. He has been quite aggressive about trade targets and has already set a target of more than doubling textile exports from the current $42 billion to $100 billion over the next five years. Now, he has set

The Confederation of Indian Industry (CII), one of India’s foremost industry bodies, has urged the government of India to stick to the fiscal deficit target of 6.4 for FY23 and even try to cut it further to 6 by FY24. Fiscal deficit refers to the

The story of oil prices cannot be seen with respect to just 1 week or one month. To get a perspective, look at the chart below. The chart tracks the price of WTI Crude for the year 2022. During the start of the year, the Russia Ukraine war and the su

Ease My Trip zooms on signing MoU with ATDC to develop tourism in Assam. Easy Trip Planners is currently trading at Rs 68.30, up by 11.15 points or 19.51 from its previous closing of Rs 57.15 on the BSE. The scrip opened at Rs 59.40 and touc

Shares of the company surged 14. On November 22, the market is trading in the green. At noon, the S&P BSE Sensex is trading flat at 61,334.03, up 0.3, while NIFTY50 is trading flat at 18,216.05, up 0.3. About sectoral performance, Commoditi

Five Star Business Finance Ltd had a tepid listing on 21st November 2022, listing at a marginal discount of -1.1, but managed to close the day above the IPO price. Obviously, the closing price was also higher than the listing price for the stock. Wh

Archean Chemical Industries Ltd had a healthy listing on 21st November 2022, listing at a premium of 10.57, and closing the day well above the IPO price at the end of the day on listing day. While the stock did show some bouts of volatility during t

Maruti Suzuki is clear about where its growth in the next few years is going to come from. It is going to be the stylish and high margin sports utility vehicles (SUV) space. Maruti Suzuki, India’s largest passenger car manufacturer by a margin, pla

Private equity player Blackstone, a predominant player in the real estate space in India, has taken another bit bet on the IT space. Blackstone now plans to buy out a majority stake in R Systems limited for a total consideration of Rs2,904 crore, or

Indian demat story has been one of the biggest growth stories since 1997. Firstly, even amidst scepticism about the efficacy of the demat system, it picked up at the fastest rate seen anywhere in the world and India had moved to 100 demat settlement