Milky Mist IPO opens August 11, grey market hints 19% listing gain
Milky Mist Dairy Food’s Rs 1,553 crore IPO opens on August 11 and closes on August 13, with a price band of Rs 133-140 per share. The issue comprises a fresh equity…
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Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Ardee Industries lists with 39% pop, IPO subscribed 134 times
Ardee Industries listed on NSE and BSE on Wednesday at a 36-39 per cent premium over the IPO price of Rs 53. The stock opened at Rs 73.60 on BSE and Rs…
Rotation from leveraged ETFs drives South Korean small caps up 30%
The KOSDAQ index jumped 6.8% on Monday, extending gains since July 30 to over 30%, as restrictions on leveraged ETFs tracking Samsung Electronics and SK Hynix shift money into small-cap stocks. The…
Anawil Wire debuts at 22% premium on NSE SME
Shares of Anawil Wire and Engineering opened at Rs 329.65 on the NSE SME on Monday, a 22% premium over the IPO price of Rs 270. The stock later touched a high…
Banks race to match NBFCs as gold loans surge 105%
Banks are beefing up gold loan operations with more appraisers, new testing gear and digital processing to challenge NBFCs that dominate the market. Union Bank of India now offers loans within 30…
KTM hikes 160 Duke and RC 160 prices; RC 160 now over Rs 2 lakh
KTM India has raised prices of its 160 Duke and RC 160 models, with the RC 160 seeing the steepest hike of about Rs 15,313. The RC 160 now retails at over…
Overnight money market volume drops to zero on weekend
The overnight money market segment recorded zero volume on August 8 and 9, the RBI data shows. On August 7, the overnight segment (call money, triparty repo, market repo and corporate bond…
Investment firms bet on YouTube creator middle class as new asset
Investment firms are increasingly treating YouTube creators as a viable asset class, with Nuggit announcing a £5 million ($6.7 million) fund for British creators. The firm offers cash upfront in return for…
Paytm stock hits 52-week high as Bernstein sets Rs 2,200 target
Paytm shares jumped 9 per cent on Monday to a fresh 52-week high after Bernstein raised its target price to Rs 2,200 from Rs 1,500, the first time the brokerage has set…
BSE to replace Wipro in Nifty50 from September 30
BSE Ltd will replace Wipro Ltd in the Nifty 50 index from September 30, 2026, as per NSE Indices' semi-annual review. The change is driven by BSE's average free-float market capitalisation of…
