‘Buy Vedanta Aluminium’, Citi says calling it top India metal pick; Here are four reasons why
Four key reasons are driving Citi’s conviction on Vedanta Aluminium. The most important one being a positive outlook on Aluminium itself.
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NSE files DRHP for IPO; 14.89 cr shares on offer through OFS, LIC not participating
NSE has filed its DRHP with SEBI for a 14.89-crore-share IPO entirely through an OFS. SBI, CPPIB and other shareholders will sell stakes, while LIC will not participate.
DOMS Industries block deal: SBI MF, Axis MF buy as FILA sells 7% stake for ₹935 cr
SBI Mutual Fund purchased 9.3 lakh shares of DOMS Industries for approximately ₹205 crore. Axis Mutual Fund acquired 3.6 lakh shares in the company for around ₹79.6 crore.
What’s likely to move markets in the next trading session on June 18?
Indian investors will be watching the US stock markets after the Dow Jones Industrial Average reached a fresh all-time intraday record on Wednesday.
RVNL bags ₹968 crore railway bridge contract from East Coast Railway
The project involves the construction of important bridges over the Birupa, Mahanadi, Kathjori and Kuakhai rivers on an engineering, procurement and construction (EPC) basis.
Stocks to Watch for June 18: Lupin, HFCL, RVNL, Apollo Hospitals and more
Lupin, HFCL and RVNL have announced key business wins, while Bosch Global Software Technologies plans an OFS in Bosch Home Comfort India. Apollo Hospitals has also settled an RBI compounding case with a ₹17.8 crore payment. Here are stocks to…
Nifty outlook for June 18: Bulls now set sights on 100-DMA resistance around 24,250
With Tuesday’s move, the Nifty has rallied over 1,000 points from its recent swing low of 23,072 to an intraday high of 24,108.
US stocks edge higher as tech recovers; Markets await Fed decision under Kevin Warsh
US stocks edged higher as tech shares led a mild rebound ahead of the Federal Reserve’s first policy decision under new Chair Kevin Warsh, with investors cautious amid global uncertainty. The Dow, S&P 500 and Nasdaq all posted modest gains…
AI credit markets at risk of ‘violent’ correction and investors must stay clear-eyed, Man Group says
AI credit markets are at risk of a ‘violent’ correction and investors must stay clear-eyed to do well, Man Group says
FIIs buy ₹102 crore, DIIs add ₹1,561 crore as markets climb for fourth day
Foreign investors remained net buyers for a second time in three sessions, while DIIs infused ₹1,561 crore, helping benchmark indices extend gains for a fourth consecutive trading day.