Market maker for SME IPOs now wants to go public to raise funds January 3rd, 2024 15:30
The public offer, with a face value of Rs 10, comprises a fresh issue of 1.67 crore shares and an offer-for-sale (OFS) of 30 lakh shares. Under the OFS, Sashi Harlalka will sell 8.58 lakh shares, Sumeet Harlalka will offload 8.58 lakh shares and the rest will be sold by Alok Harlalka.

Adani-Hindenburg case verdict explained: 5 reasons why it's a happy new year for Team Adani January 3rd, 2024 15:30
Adani stocks rallied up to 10% with Adani Energy Solutions and Adani Total Gas leading the show as the conglomerate’s market capitalisation crossed the Rs 15 lakh crore mark once again.

MRF, Indian Hotels among 5 midcap stocks that hit all-time highs on Wednesday January 3rd, 2024 15:30
Indian benchmark equity indices declined on Wednesday, dragged by banking, metal and IT stocks.

Paras Defence usually treads in non-competitive zones and creates a niche: Amit N Mahajan January 3rd, 2024 15:30
Amit N Mahajan says: “Paras Defence is into a wide range of technologies and serving platforms from, say, a small UAV to a large submarine or aircraft carrier or for that matter fighter jets. We are across all platforms. Paras will directly or indirectly benefit from any indigenisation or any big or a small deal announcement that the Ministry of Defence makes, because from components to systems, we are there.”

Pharma is the play for outperformance now; weakness in 3 sectors: Rohit Srivastava January 3rd, 2024 15:30
Rohit Srivastava says: The PSU Bank Index has been one of the most robust parts of this month. So far today it is holding the 20-day average and you cannot rule out that it will attempt to go higher in the next couple of days. But the more this segment goes up, the more it is getting to a point where one would want to take a slight backseat on PSU banks.”

Bajaj Auto board to mull share buyback on January 8; stock hits lifetime high January 3rd, 2024 15:30
This is the second time Bajaj Auto will be doing a share buyback if the board approves. In July 2022, Bajaj Auto launched a share buyback worth Rs 2,500 crore. The buyback was done at Rs 4,600 a share. Since the first share buyback, the share value of the automaker has more than doubled in value.

Ola Electric, NSDL among 6 big-ticket IPOs that may hit primary market in 2024 January 3rd, 2024 15:30
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Harshvardhan Dole on his top picks among GCD, OMC and power stocks January 3rd, 2024 15:30
Harshvardhan Dole says: “One must align the allocation more towards generation and distribution. From a pecking order perspective, we like NTPC the most, followed by distribution entities like Torrent Power and CESC. And then the usual suspects will follow, which is Power Grid etc. But NTPC continues to be a preferred stock.”

Ircon International, RITES shares jump up to 7% on management changes January 3rd, 2024 15:30
Ircon International share price has rallied over 200 percent in the last one year. Meanwhile, Rites has rallied 54 percent during this period.

EAM Jaishankar to visit Nepal on January 4, 5 January 3rd, 2024 15:30
The Ministry of External Affairs (MEA) said Jaishankar will co-chair a meeting of the India-Nepal Joint Commission along with his Nepalese counterpart N P Saud.