News Overview

Asian markets were trading lower on Wednesday, mirroring Wall Street's performance, where both the S&P 500 and Nasdaq Composite ended their eight-day winning streaks.

An equal weight fund overcomes the bias of investing in the typical market cap weighted indices

It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance

The revenues from the IPO will be used to fund the company's working capital and general business objectives.

Retail investors will receive 35% of the issue size, eligible institutional investors will receive 50%, and non-institutional investors will receive the remaining 15%.

Vietnamese authorities have extended the production sharing contract (PSC) for Block 06.1 in the Nam Con Son Basin until 2039.

According to news reports, 2.3 million shares, or 0.5% equity, worth ₹352.9 crore changed hands on Tuesday at an average share price of ₹151 per.

This special dividend will benefit Vedanta, the promoter with a 65% stake in Hindustan Zinc, aiding in further de-leveraging its balance sheet.

Shriram Finance, Tech Mahindra, Sun Pharma, and TCS also reached their 52-week highs, further showcasing their robust performance.

Table Space and the Panchshil Group have formed an equally owned joint venture with an equity stake of Rs 800 crore for the Pune commercial project.