Groww’s initial public offering, through which the company plans to raise Rs 6,632 crore, has entered its final day of subscription. At the upper end of the price band, the issue values the investment platform at 33.8 times its FY25 earnings. As per BSE data, the IPO of Groww (Billionbrains Garage Ventures Ltd) has drawn…
Gold futures on MCX traded near ₹1,20,880, showing signs of recovery after witnessing pressure in the previous session. (AI image) Gold price prediction today: Gold prices are showing some initial signs of recovery and investors should adopt a buy on dips strategy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here…
Mumbai: Sebi chairman Tuhin Kanta Pandey on Thursday said that the regulatory body doesn’t decide the price at which a company offers its shares in a public offer, and it’s the market that decides the share price. This has been the regulator’s stance for years. Recently, there was a huge social media uproar over Lenskart’s…
Top stocks to buy (AI image) Stock market recommendations:According to Bajaj Broking Research, the top stock picks for November 7, 2025 are Manappuram Finance, and Dabur India. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices extended its corrective consolidation for the third week in a row. Investors stayed on the sidelines, tracking…
Market analysts indicate that the current phase shows consolidation with a downward tendency. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 went below 25,400, BSE Sensex was down over 450 points. At 9:19 AM, Nifty50 was trading at…
Mumbai: Pastel Ltd, an investment arm of Singtel of Singapore that holds 8.3% stake in telecom services major Bharti Airtel, has mandated JP Morgan India to sell 0.8% stake in the company for at least Rs 10,350 crore (about $1.2 billion) through block deals on Friday.According to the deal’s term sheet , the Singtel arm…
US President Donald Trump on Thursday (local time) said that trade talks with India are “going good” and signalled that he might visit the country next year.Addressing reporters at the White House, Trump again shifted focus to the issue of Moscow’s crude oil, stating, “They are going good, he stopped buying oil from Russia largely….
MUMBAI: Life Insurance Corporation of India (LIC) reported a 31.9% rise in net profit to Rs. 10,053 crore for the quarter ended Sept 30, 2025, compared with Rs. 7,621 crore in the same period last year, driven by higher premium income, stronger investment returns, and lower operating costs.Total income grew 4.4% to Rs. 2,39,614 crore…
Morgan Stanley has an equal-weight rating on SBI with the target price raised to Rs 1,025. Analysts said the key positive from SBI’s July-Sept (Q2FY26) results was a 5% higher net interest income (NII) over analysts’ estimates and strong fees. Its profit after tax (PAT, pre-exceptional gain) was 15% above estimates, while asset quality remained…
MUMBAI: From a YouTube channel once to a public listing later this month, PhysicsWallah is set to launch India’s first IPO by a major ed-tech company in years. With low-priced courses and a strong social media community built over the years-thanks in parts to wide internet penetration and cheap data packs, the startup founded by…
