market

Interarch Building Products, Gala Precision Engineering get SEBI green signal for IPOs. Here are the details

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Interarch Building Products, Gala Precision Engineering get SEBI green signal for IPOs. Here are the details

Interarch Building Products Limited, a Noida-based steel construction solution provider, and metal component manufacturer Gala Precision Engineering Limited on Monday received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offerings (IPOs). Interarch plans to offload 44,47,630 or 44 lakh equity shares through an offer for sale (OFS). The … Read more

From SRF to Tata Chemicals: Morgan Stanley downgrades chemicals stocks, foresees ongoing challenges

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From SRF to Tata Chemicals: Morgan Stanley downgrades chemicals stocks, foresees ongoing challenges

Morgan Stanley’s latest report on chemical stocks reflects cautious sentiment, foreseeing ongoing challenges for the sector in the near term. It believes that the chemicals sector is still not out of the woods and advises remaining on the sidelines until an earnings upgrade cycle occurs. The brokerage also expressed a preference for commodity chemicals amidst … Read more

Q4 Results Impact: Finolex Industries shares climb 9.6% to new high

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Q4 Results Impact: Finolex Industries shares climb 9.6% to new high

Shares of Finolex Industries surged 9.6 percent in intra-day deals on Tuesday to their record high of ₹297.55 apiece after the firm announced its March quarter (Q4FY24) results. The firm posted about a 2 percent year-on-year (YoY) rise in its standalone profit after tax to ₹161.43 crore in Q4FY24 on the back of higher revenues … Read more

Big banks pull their weight, markets take a leap

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Big banks pull their weight, markets take a leap

Four of Nifty’s five top gainers were banks, fetching 70% of the Nifty’s 223.45-point gain to 22,643.40. They also were the top five stocks on the Sensex, which rose 1.28% to 74671.28. Analysts expect the bellwether indices to outperform their small- and mid-cap counterparts, as large private sector banks close the valuation gap. The 12-stock … Read more

How to be a value investor when market is at peak

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Is it possible to get good returns from a market that is at an all-time high? I am often asked this question and my reply is always in the affirmative. There are money-making opportunities even when the Nifty is at 22,000 and the Sensex at 74,000. But, you have to be selective and very patient. … Read more