Engineering solutions provider Diffusion Engineers files DRHP for IPO January 2nd, 2024 16:27
Diffusion Engineers issue is being made through the book-building process, wherein 50% of the offer will be available for allocation on a proportionate basis to qualified institutional buyers (QIB), 15% to non-institutional investors and 35% to retail investors.

Wipro, TechM among top 5 Nifty50 stocks with highest number of bearish estimates January 2nd, 2024 16:27
Number of bearish estimates is the sum of strong sell and sell calls from analysts covered by the forecaster data set, according to Trendlyne.

Were expectations of FII flows coming back with a bang in 2024 misplaced? Shibani Sircar Kurian answers January 2nd, 2024 16:27
Shibani Sircar Kurian says: “So far earnings have been predominantly led by domestic businesses, which are still holding up well. The second sector, which has also been a key contributor to earnings has been the banking sector. Incrementally, we are seeing some degree of margin pressure and therefore, you need to moderate earnings from that perspective.”

Four mistakes investors might have made in 2023 & should avoid in 2024 January 2nd, 2024 16:27
Kaustubh Belapurkar says: "Investors need to think of two things when they invest in mid and small caps. One is have realistic expectations, right. Do not expect that what has happened in the past, delivering 35%, 40% returns is going to continue forever. That is definitely not going to be the case. And secondly, have an adequate time horizon."

HRH Next Services IPO allotment finalised: Check status, GMP, and other details January 2nd, 2024 16:27
The IPO received a subscription of 66 times at close. According to market analysts, the company's shares are commanding a premium of Rs 8 as against an issue price of Rs 36. The tentative listing date is fixed as January 3.

2024: Will the airline duopoly end? Aircraft deliveries, new aviation policy safety body in focus January 2nd, 2024 16:27
Geopolitical factors, the upcoming general election and any potential impact of COVID variants on travel will be key factors to watch out for in the New Year

Gold prices likely to reach around Rs 70,000 per 10 grams in 2024, says industry body January 2nd, 2024 16:27
"The yellow metal#39;s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets, GJC chairman Saiyam Mehra said in a statement.

Taking Stock: Sensex falls 379 pts, Nifty around 21,650; auto, IT, banks major drag January 2nd, 2024 16:27
Top losers on the Nifty were Eicher Motors, MM, UltraTech Cement, LT and Kotak Mahindra Bank, while gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs and Cipla.

For Indian IT, 2023 was one of the worst years since Global Financial Crisis January 2nd, 2024 16:27
Industry experts see the impact of the ongoing market conditions for the IT sector spilling over to 2024. The uncertainty around discretionary spending will continue for at least the next six months.

Gainers and Losers: 10 stocks that moved the most on January 2 January 2nd, 2024 16:27
Except Nifty Pharma, Energy and Metals, all the sectoral indices ended up in the red.