Raymond Realty to raise ₹409 crore through preferential issue of convertible warrants

Shares of Raymond Realty Ltd ended at ₹584.90, up by ₹13.45, or 2.35%, on the BSE.

Shares of Raymond Realty Ltd ended at ₹584.90, up by ₹13.45, or 2.35%, on the BSE.

The NSE has set the price band for its IPO at ₹1,700-₹1,785 per share, with the issue opening for subscription on September 17 and closing on September 21. The lot size has been fixed at eight shares, taking the minimum…

Shares of JSW Infrastructure Ltd ended at ₹343.05, up by ₹0.50, or 0.15%, on the BSE.

US stock futures are higher after a four-day losing streak, as easing oil prices offer some relief. Investors now await key inflation data that could shape the Fed’s next move.

The rupee pared most of its initial losses and settled at 95.57 (provisional) against the US dollar, down by 5 paise, on Friday, helped by a correction in crude oil prices and suspected RBI intervention.

Shares of Greenply Industries Ltd ended at ₹291.60, down by ₹5.45, or 1.83%, on the BSE.

Shares of Allied Blenders and Distillers Ltd ended at ₹631.85, up by ₹20.45, or 3.34%, on the BSE.

UBS India’s Gautam Chhaochharia says foreign investors are increasingly drawn to bottom-up stock ideas in India, even as crude oil and the West Asia conflict stay their top worry. He names financials and industrials as consensus picks, with power and…

The Sensex slipped 121 points to 74,782, while the Nifty fell 80 points to 23,398. The Nifty Bank ended 135 points higher at 56,607, while the Nifty Midcap index declined 160 points to 62,197.

Gaurav Malhotra, Executive Director-Telecom at Axis Capital says the brokerage retains a Reduce rating with a ₹13 target, even after factoring in tariff hikes and stronger EBITDA. Meanwhile, Bharti Airtel remains its top telecom pick, with a 10-12% tariff hike…