For a long time, the only thing that the Indian banks looked forward to in the Union Budget was the extent of recapitalization that the government would allocate each fiscal year. Last year, the government had already told banks that the government h

If there is one thing that can really propel the Indian economy to the next plane of growth, it is the education sector. After all, education is what creates the soft infrastructure for the economy. Bridges, roads, ports and airports can make a bid d

One of the key expectations for the general tax payers is a reduction in tax liability. This can come in any form. It can either come as a higher tax bracket limit. It can also come in the form of higher standard deduction. It could come as higher

One of the segments of the stock market that closely tracks the Union Budget is the capital markets segment. The movements of the Nifty and the Sensex are closely tracked around the Budget time to assess the impact of the Union Budget. As a result, b

The US fourth quarter GDP numbers at 6.9 came in much better than expected. The consensus estimates were pegging the US fourth quarter growth between 5.5 at 6. This is substantially higher than the 2.3 growth witnessed in the third quarter ended

BoAt brand of electronic accessories like ear phones and smart watches are quite popular in India. Now, Imagine Marketing Ltd, the company that the BoAt brand of earphones and smartwatches, has filed DRHP with SEBI for its proposed Rs.2,000 crore IPO

The Rs.3,600 crore IPO of Adani Wilmar Ltd, consisting entirely of a fresh issue of shares of Rs.3,600 crore, saw stable response on Day-1 of the IPO. As per the combined bid details put out by the BSE at the end of Day-2, Adani Wilmar IPO was s

For the first time since the peak of 2014, the price of Brent Crude crossed the $90/bbl mark. Even the US-based WTI crude was trailing close behind at $88/bbl. In fact, in mid-day trades, the crude was trading at $90.73/bbl with strong positive price

The Rs.3,600 crore IPO of Adani Wilmar Ltd, consisting entirely of a fresh issue of shares of Rs.3,600 crore, saw stable response on Day-1 of the IPO. As per the combined bid details put out by the BSE at the end of Day-1, Adani Wilmar IPO was subscr

The FED statement by Jerome Powell maintained status quo on rates in its 26-January FED meet. But that was hardly the focus. Markets were looking at guidance and the guidance came out crisp and clear from the US FED. The first rate hikes wi

In last one week, we have seen a decent correction in the market where Nifty has corrected from the high of 18350 to sub-17000 zone. The index recovered from the lows in Tuesday’s session and ended at 17277. Open Interest Analysis -

The anchor issue of Adani Wilmar Ltd saw a robust response on 25-January 2022 and the announcement was made late on Tuesday. The IPO opens on 27-January 2022 in the price band of Rs.218 to Rs.230 and shall remain open for 3 days and close on 31-Janua