Indian Hotels, the company behind Taj Hotels among other hospitality labels such as Ginger and Vivanta, saw its share price coming under pressure on Friday after a heady growth that has seen its share price almost double in the last one year. The

Foodtech venture Zomato, which is known for its food ordering service but is also building its presence in quick commerce and B2B supplies, saw its share price rocket 10 on Friday morning. The company’s share price had doubled soon after it wen

Bank Nifty recovered the intraday losses and closed above the opening levels. The banking index recovered almost 300 points from the day's low, and it closed above the 5 EMA, showing that the intraday dips were used to buy. As a result, the index

Cryptocurrency markets have been hammered this year, with bitcoin and most other digital currencies losing two-thirds of their value as rising interest rates, a deep correction in stock markets in general and tech stocks in particular as well as liqu

Seven years ago, when the Reserve Bank of India (RBI) came up with an initial list of ten small finance banks (SFBs) under a new category of lenders, it was not just intended to help microlenders transition and scale up but also to provide a breath o

Ever since the insurance behemoth Life Insurance Corp (LIC) of India listed on the stock market, its share price has remained below its IPO issue price. But the state-owned insurer wants to change that. According to a report in The Fina

The government is set to simplify its capital gains tax regime, according to a news report. The primary consideration will be parity within the assets, and the Centre may even consider changing the tax rates, a report in The Economic Times s

The Securities and Exchange Board of India (SEBI) wants to regulate market infrastructure institutions (MIIs) more stringently. To this effect, the capital markets regulator has sought comments on a report submitted by a working committee th

Nifty started the weekly expiry session with a gap down and traded with a negative bias throughout the day. Nifty breached the 18000 mark during the day, but it recovered marginally from lows and ended above 18000 with a loss of two-third of a percen

By now you would be familiar that every Mutual Fund has an underlying asset that generates “RETURNS’’. For example, Gold is the underlying asset of Gold Mutual Funds. Similarly, in the case of Midcap Mutual Funds, the underlying asset is the Mi

Amidst the pandemic, we witnessed a one-of-a-kind bull in the Indian stock markets. During that time, listed companies traded at insane valuations, and IPOs were raining. Whether it was giant conglomerates or cash-burning, loss-making sta

Bikaji Foods International IPO worth Rs.881.22 crore, consisted entirely of an offer for sale (OFS) of the said amount. There is no fresh issue component in the IPO so there is no fresh funds coming into the company and also there is no dil