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Shein has set its Hong Kong initial public offering for September 1, a slight delay from earlier projections. The company’s growth has slowed, and rising costs are impacting investor interest. Shein aims for a valuation between $26 billion and $27 billion, a considerable drop compared to its 2022 fundraising figures.
Indian equities snapped a seven-session losing streak on Thursday, with the Sensex and Nifty closing sharply higher. Falling US bond yields, short-covering and improved sentiment supported the rebound, while broader markets also gained. Realty stocks led sectoral advances, whereas PSU banks lagged amid marginal weakness in select heavyweight stocks.
In an interaction with Kshitij Anand of ETMarkets, Advani also discusses why NRIs remain under-allocated to Indian equities, how they should choose between NRE and NRO accounts, the role of REITs and InvITs, and how a ₹1 crore NRI portfolio could be structured for a 5–7-year investment horizon.
Today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 24), making them eligible for the dividend.
Gold holds above $4,500 as weaker dollar, Treasury buybacks boost weekly gains now
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
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Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Monday, making them eligible for the stock split.
Power Grid Share Price Live Updates: Power Grid’s Market Volume Update
At the Bhubaneswar meet, Murali Sreeshankar is pushing for a personal best as he gears up for the upcoming Asian Games. Competing against formidable challengers for the long jump title, he will be joined by notable Indian athletes like Ancy Sohan. With over 180 athletes from 25 nations set to participate, the competition promises to…