The EUR/USD pair fell below the $1.15 mark on Monday as the U.S. dollar gained traction as a safe-haven asset. The move follows U.S. airstrikes on three Iranian nuclear facilities over the weekend, signaling America’s direct involvement in the escalating Israel-Iran conflict. Market participants are closely monitoring Tehran’s potential response. The dollar’s strength was further…
Oswal Pumps shares opened on the stock exchanges with a marginal premium on Friday, June 20. On the National Stock Exchange (NSE), the stock opened at ₹ 634—a gain of 3.26% over its issue price of ₹ 614. On the Bombay Stock Exchange (BSE), it listed marginally lower at ₹ 632, reflecting a 2.93% premium….
JioBlackRock Mutual Fund has submitted draft documents to SEBI for the launch of its first two debt-oriented offerings: the JioBlackRock Liquid Fund and the JioBlackRock Money Market Fund. This move follows SEBI’s recent approval of the fund house’s operations, the unveiling of its leadership team, and the launch of its official website. JioBlackRock Liquid Fund…
Sacheerome IPO Allotment Status & GMP: How to Check Online as Listing NearsSacherom IPO, which closed for subscription on June 11, 2025, is up for allotment soon. Investors are eagerly waiting for the listing on the NSE SME platform, which is scheduled on Monday, June 16, 2025. Sacheerome IPO Details:Registrar: MUFG Intime India Private Limited…
India’s equity indices witnessed a sharp decline on Thursday as market volatility surged. The Nifty50 dropped below the 25,000 mark, while the BSE Sensex plunged 700 points, reflecting investor caution amid global uncertainties. Market Performance at a GlanceNifty50: 24,928.15, down 213 points (-0.85%) BSE Sensex: 81,837.38, down 678 points (-0.82%) Key Drivers Behind the DeclineThe…
The Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP), aimed at strengthening its green financing initiatives. The funds were raised by issuing 12.15 crore equity shares at ₹165.14 per share, which includes a premium of ₹155.14 over the ₹10 face value. The issue price represents…
China’s recent export restrictions on six rare earth elements (REEs) and rare earth magnets have sent shockwaves through global industries. These materials are essential for a wide range of technologies, from clean energy to military applications. The electric vehicle (EV) sector is especially vulnerable, with some manufacturers warning of potential factory shutdowns if the curbs…
Despite a brief return to buying on Friday, Foreign Institutional Investors (FIIs) continue to be net sellers in Indian equities in 2025, with cumulative outflows reaching ₹1.24 lakh crore so far this year. FIIs & DIIs Activity on June 6According to NSE data, FIIs registered net purchases of ₹1,009 crore on Friday, June 6, buying…
Bajaj Finance has announced that Monday, June 16, 2025, will be the record date for determining shareholder eligibility for its upcoming 1:2 stock split and 4:1 bonus share issue. This news, disclosed through a stock exchange filing, led to a 5% rise in the company’s share price, which closed at ₹ 9,372 on Friday, June…
Tesla Stock Tanks as Trump Threatens to Pull Federal Contracts from Elon Musk’s Companies Tesla shares took a huge hit on Thursday after a public clash between Elon Musk and former President Donald Trump escalated. Trump hinted that Musk’s companies could lose their federal contracts, and investors didn’t take it well. The stock fell as…
