News Overview

Investing in blue chip sharesin India provides stability, steady growth, and potential for passive income. These stocks represent some of the most financially sound and well-established companies, making them a reliable choice for conservative and growth-oriented investors. 

Dividend stocks play an important role in portfolio construction for income investors. The stocks highlighted above have a consistent history of monthly dividend payments and strong company fundamentals. A well-diversified portfolio of monthly dividend payers can provide stability and regular income. 

As India charts an ambitious clean energy future, the case for betting on green hydrogen is growing stronger by the day. With supportive government policies, significant industry investments and rising global demand – the underlying drivers seem aligned towards exponential growth for this sector over the coming decade.

Gold and gold stocks look bright in India for 2024. Economic expansion and a strong cultural affinity for gold jewellery should boost demand. Investors should allocate part of their portfolio to quality gold stocks or funds to tap into rising incomes and prices. However, reasonable selection is key - factors like costs, management and jurisdiction must be evaluated. Overall, though, gold stocks offer Indian investors sparkling potential.

The EV producer launched an IPO on 2 August to raise ₹6,145.56 crore through fresh shares and an offer for sale (OFS).

The company has set a price band of ₹102-108 per share, with buyers able to bid for 138 shares in one lot.

The FirstCry IPO has been subscribed to 9% so far, according to BSE data available until 3:40 p.m.

Both the BSE midcap and smallcap indices shed 0.5% each, reflecting the overall market's cautious sentiment.

The organisation is the largest CDMO serving the Indian pharmaceutical industry, with a proven track record and a broad clientele.

Inox Wind secures a 201 MW order from Integrum Energy Infrastructure Ltd to supply 3 MW wind turbine generators and provide multi-year operations