News Overview

With a price band set at ₹395-415 per share, the IPO comprised a fresh issue of over ₹300 Crore and an offer for sale of shares worth ₹349.47 Crore.

This project is part of an agreement with the Uttarakhand government to develop a total of 80 MW greenfield hydropower capacity in the state, with an investment of ₹1,000 Crore.

Edelweiss Nifty Alpha Low Volatility 30 Index Fund NFO is an opportunity to take a passive bet on Indian healthcare sector

The week saw the markets gradually shifting towards just one rate cut expectation for 2024

Nifty and Sensex rallied after the VIX fell, but the real action was in the mid and small cap stocks

FPIs were net sellers of $126 Million this week, as FPI action remained mixed at higher levels.

In line with the indications of pressure on real GDP growth, the PCE inflation for March was up 20 bps

Following a March report indicating higher-than-expected consumer price inflation, expectations for Fed rate cuts have been tempered among traders.

No new positions are permitted in the F&O contracts of the banned stocks during the ban period.

Ahead of the Fed's meeting, the dollar stabilized around 105.73 against a basket of currencies after a slight decline in the previous session.