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Water distribution stocks fell up to 5.6% amid small-cap profit booking and JJM 2.0 payment concerns. Here is the reason behind the sell-off and the outlook.
Retail investors with exposure to small-cap water stocks face near-term paper losses, though the long-term sector thesis remains intact given the Rs 8.69 lakh crore JJM outlay.
Rentomojo IPO listing day tomorrow with ₹107 GMP hinting at 27% pop. QIB subscription at 177x. Experts split between 20-22% and 38-40% upside.
Jefferies country head Aashish Agarwal says the firm has not ruled out entering India's wealth management space, amid $5B FPI inflows and narrowing US-India yield gap
Rupee opens 30 paise lower at 95.84 against dollar as Brent crude hits $106.94 amid U.S.-Iran tensions
Crude oil surge to $106.94 and safe-haven dollar demand pressure India's import bill, forex reserves and…
MD-CEO Ashishkumar Chauhan says pre-IPO shareholders are financially sound — they will only sell at lock-in expiry if they need urgent liquidity…
No fresh capital raised — only existing shareholders selling; real supply test comes only after six-month…
India's CPI inflation climbed to 4.82% in August from 4.45% in July, with food inflation at 5.95% and rural prices rising faster…
Higher food costs — especially onion, ginger and garlic — lift household bills and keep inflation…
The 118-site SGN acquisition makes EET the UK's second-largest refinery-backed forecourt operator and advances its 800-site target by 2031.
The combined 235-site network handling 650m+ litres a year gives Stanlow refinery a captive route to…
Aliko Dangote lists a 3% stake in his $47bn Nigerian refinery for ~$1.6bn, opening Africa's largest IPO to retail investors for as…
Retail investors can own a slice of the 650,000 bpd refinery for 5,250 naira, but a…
Gift Nifty points to a muted start after a five-week losing run, with Asian sell-off, $107 Brent and 5% US yields keeping…
Traders face another volatile session — expiry-week moves plus oil above $107 and rising yields could…