One such financial instrument, Real Estate Investment Trusts (REITs), has been gaining traction. These instruments provide investors with access to the real estate market without the complexities of direct property ownership. However, beyond traditional REITs, smaller REITs with a minimum capex of ₹500 million are targeting specialized real estate segments […]
Market
Stock market today: An all-round selloff swept through the Indian stock market on Friday, July 19, leading to losses of approximately 1 per cent for the benchmark indices, Nifty 50 and Sensex. The midcap and smallcap segments experienced even steeper declines as investors booked profits across sectors ahead of the […]
Shares of JSW Infrastructure Ltd dropped about 6% in early trade on Friday, even as the company reported a solid 24% year-on-year Ebitda growth. The decline in net profit was mainly due to a foreign exchange adjustment, leading to concerns among investors. However, the company is expected to maintain its […]
RNFI Services IPO: Subscriptions for the RNFI Services IPO are scheduled to open on Monday, July 22, and close on Wednesday, July 24. The initial public offering of RNFI Services is priced between ₹98 and ₹105 per share, having a face value of ₹10. There are at least 1,200 shares […]
JTL Industries QIP: The board of directors of JTL Industries Ltd has declared the opening of its fundraising move through the issuance of QIPs (Qualified Institutional Placement). The company board declared the JTL Industries QIP opening in its meeting on Thursday this week, i.e. on 18th July 2024. The company […]
Expectations are high that the Union Budget 2024 will include measures to accelerate EV (electric vehicle) penetration in India. The automobile sector expects Union Finance Minister Nirmala Sitharaman to make some announcements on the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, enhanced production-linked incentive (PLI) schemes, and other […]
Living a luxurious lifestyle has become the new trend in India, representing the continuation and evolution of the country’s longstanding affinity for opulence. This is not a new phenomenon, but it has significantly changed its course over time. The maharajas and nawabs of those eras set the bar for lavish […]
Gold prices in India have escalated significantly, hitting record levels, which is expected to support further growth for gold NBFCs such as Muthoot Finance and Manappuram Finance, according to foreign brokerage firm Jefferies. Jefferies has initiated coverage on Muthoot Finance and Manappuram Finance with a ‘Buy’ rating. It has Muthoot […]
Amid widespread reports of technical issues affecting Microsoft Windows users globally, several Indian brokerage firms, including 5paisa and Nuvama, reported that their operations were affected by the Windows crash. “Due to a global outage with Crowdstrike/Microsoft, offering a cyber security solution, our systems are affected. Our team is working closely […]
IREDA, India’s leading green financing NBFC, saw its share price rise by nearly 7% in today’s intraday trade, reaching ₹275 per share and breaking a three-day losing streak. Despite this rebound, the stock remains 13.22% below its all-time high of ₹310. In recent sessions, the shares came under sell-off pressure, […]