India’s capital markets could soon witness a historic milestone as the National Stock Exchange (NSE) moves closer to launching what may become the country’s largest-ever initial public offering (IPO). Market estimates indicate that the proposed public issue could be valued at nearly ₹30,000 crore, surpassing previous record-breaking offerings and marking a significant development in the...
Shares of Coal India came under heavy selling pressure after the company launched its Offer for Sale (OFS), leading to a sharp decline in its stock price during trading sessions. The stock dropped nearly 6%, reflecting cautious investor sentiment and increased market volatility surrounding the government-backed divestment move. The sharp correction in the stock has...
Shares of Life Insurance Corporation of India witnessed a sharp rally in market trading after the insurance giant announced strong fourth-quarter earnings along with its first-ever bonus share issue, a move that significantly boosted investor sentiment and renewed market optimism around the stock. The company’s latest financial performance reflected improvement across several operational and profitability...