Market News

Edgar Bronfman offers $4.3 billion to Paramount and National Amusements 

A fresh contender is presenting a substitute proposal for the media behemoth Paramount Global. Edgar Bronfman Jr., a media investor and US billionaire, made a US$4.3 billion bid to purchase National Amusements, owned by Shari Redstone. The Wall Street Journal broke this story initially on Monday, August 19. According to media sources, the plan calls […]

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Hindustan Zinc OFS: Vedanta Plans To Exercise Its Subscription Option

A major player in the metal industry, Vedanta Limited announced on Friday that it would employ the oversubscription option in Hindustan Zinc Limited’s ongoing offer for sale (issue) to the extent of over 1.21 crore equity shares, or 0.29%, in addition to the 5.14 crore equity shares, which represent 1.22% of the company’s total issued

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Jubilant Pharmova To Invest In MNC Pierre Fabre’s French R&D Centre Via New Unit

Pierre Fabre Laboratories has received a put option offer from Jubilant Biosys Innovative Research Services Pte Limited, Singapore, a division of Jubilant Biosys Limited, a fully owned subsidiary of Jubilant Pharmova Limited. The acquisition of an 80% stock part in a new firm to be founded in France is proposed in this offer, which would

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In August, FPIs Turned Net Sellers, And Drew Out ₹21,201 Cr From Stocks

August saw a persistent sell-off by foreign investors in the Indian equities markets, unloading shares valued at Rs 21,201 crore as a result of the termination of the yen carry trade, US recession worries, and ongoing geopolitical tensions. According to data from the depositories, this followed inflows of Rs 26,565 crore in June and Rs

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How ETFs Are A Useful Tool For Investors And Positional Traders

In India, exchange-traded funds, or ETFs, are becoming more popular. As of July 30, 2024, the assets under management (AUM) in exchange-traded funds (ETFs) had increased to Rs 8.11 trillion from Rs 1.88 trillion on February 29, 2020. Individual investor participation is also increasing, even though many readers will soon point out that this jump

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Hindenburg Intensifies Its Assault Against Adani

Recent claims made by Hindenburg Research have raised questions about India’s regulatory environment and severely damaged the reputation of the Securities and Exchange Board of India (SEBI). This issue raises concerns about possible political repercussions within the largest democracy in the world, in addition to regulatory scrutiny. Reputed for its scathing analyses of big business,

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According To Kotak Institutional, The Indian Market Offers Virtually Little Value Across All Sectors And Equities

The Indian market, according to a research by Kotak Institutional Equities dated May 31, is a mixture of “rightful optimism and mistaken euphoria.” Some industries demonstrate the robustness and steady expansion of the Indian economy, while others exhibit “extreme euphoria based on unfounded narratives.”  In its most recent note, Kotak Institutional Equities stated that it

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In The Past Tear, Sky Gold Has Increased By 771%, But Nuvama Has Another 44% Upside

The share price of well-known gold jewelry designer Sky Gold has soared by 771 percent in the last year, making it an exceptional performer on the stock market. Brokerage company Nuvama is still positive on the stock despite this significant increase and is forecasting an additional 44 percent of upside.  With Sky Gold, the company

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As S&P 500 And Nasdaq Break Six-day winning Streaks Due To Disappointing Housing Data, US Markets Decline

Following the S&P 500 and Nasdaq’s six-day winning streaks, Wall Street’s major indexes fell on Friday as positive economic data soothed fears about a recession and negative housing data soured investor mood. Data indicating a steep decline in single-family homebuilding in the United States in July put some pressure on stocks and suggested that the

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Warren Buffett Placed A Q2 Bet On Ulta Beauty And Heico 

Last quarter, Warren Buffett’s business reduced its stake in Apple by half, stepped out of Snowflake and Paramount Global, and made fresh stakes on Ulta Beauty and Heico. In a regulatory filing on Wednesday, the renowned investor’s Berkshire Hathaway described the dramatic adjustments to its stock portfolio.  The conglomerate invested $266 million at the end

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