Rs 6 lakh crore wealth boost! Sensex rallies 828 points, Nifty closes above 24,200. 5 key factors behind D-Street rally

Indian stock markets experienced significant gains on Friday, with major indices closing higher. TCS reported strong first-quarter earnings, boosting sentiment across the information technology sector. Positive global market trends and resilient investor sentiment also contributed to the upward movement. Broader markets and various sectoral indices, including PSU banks and realty, saw substantial advances. Despite geopolitical…

Kusumgar IPO Day 3 Update: Issue subscribed 72 times; GMP signals potential 38% listing upside

Kusumgar’s Rs 650-crore initial public offering received a strong response on its final day. Non-Institutional Investors led the subscription frenzy, bidding significantly over their reserved quota. Qualified Institutional Buyers also showed considerable interest in the company’s shares. The grey market premium suggests a potential listing gain of nearly thirty-eight percent. The company’s shares are scheduled…