Articles for category: Business

Rajiv Sharma

This stock is trading 35% below its issue price, listed 3 months ago.

This stock is trading 35% below its issue price, listed 3 months ago.

The Mobikwik IPO, a much-anticipated event in the financial market, was open for subscription from December 11 to December 13, 2024. The pricing range for this initial public offering (IPO) was set between ₹265 and ₹279 per share, presenting a compelling opportunity for investors looking to diversify their portfolios. With a minimum lot size of ...

Rajiv Sharma

5 Better Investment Options in a Troubled Stock Market: Lower Risk, Higher Reward - Explainer

5 Better Investment Options in a Troubled Stock Market: Lower Risk, Higher Reward – Explainer

The global economic landscape is undergoing significant changes that are impacting markets around the world. Factors such as market overvaluation, support for local companies in China, and tariff announcements by former President Trump have contributed to a bearish sentiment in domestic markets. Additionally, the ongoing trend of Foreign Portfolio Investors (FIIs) withdrawing funds from Indian ...

Rajiv Sharma

CRISIL predicts 6.7% average economic growth over the next 5 years

CRISIL predicts 6.7% average economic growth over the next 5 years

The economic performance of a country is often gauged by its Gross Domestic Product (GDP), a critical indicator of economic health. In the latest quarterly figures, India’s GDP has shown a notable increase, signifying a potential turnaround in its economic landscape. Understanding the factors contributing to this growth and its implications is essential for businesses, ...

Rajiv Sharma

Scary prediction for Nifty amid chaos: Market to crash further!

Scary prediction for Nifty amid chaos: Market to crash further!

The Indian stock market is currently experiencing significant challenges, marked by a trend of consistent decline. In February, the benchmark index Nifty 50 registered its longest monthly losing streak in 29 years, highlighting the severity of the situation since 1996. This article delves into the reasons behind this downturn, potential impacts on the economy, and ...

Rajiv Sharma

PNB offers major relief to customers with decision on home loan EMIs

PNB offers major relief to customers with decision on home loan EMIs

In recent years, the shift to floating rate loans linked to External Benchmark Lending Rate (EBLR) has transformed the banking landscape in India. This change impacts how borrowers are affected by fluctuations in interest rates, particularly when it comes to home loans. Understanding the implications of EBLR for borrowers is crucial, as any adjustments made ...

Rajiv Sharma

Black Friday: Longest Nifty Decline Since 1996; Sensex Drops 1414 Points

Black Friday: Longest Nifty Decline Since 1996; Sensex Drops 1414 Points

The global financial markets have recently faced significant turmoil, primarily triggered by a stark announcement from former U.S. President Donald Trump regarding an additional 10% tariff on Chinese products. This decision sent shockwaves through stock exchanges around the globe, resulting in marked declines in various indices, including India’s benchmark indices, Sensex and Nifty, which plummeted ...

Rajiv Sharma

Ultratech to Enter New Business; Shares of These Companies Plummet, ₹33,000 Crore Loss

Ultratech to Enter New Business; Shares of These Companies Plummet, ₹33,000 Crore Loss

On Thursday, the shares of five major wire and cable companies experienced significant declines. These companies include Polycab India Limited, Havells India Limited, KEI Industries Limited, Finolex Cables Limited, and RR Kabel Limited. Understanding the factors behind this dip can provide valuable insights into the current market trends and the overall health of the electrical ...