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Lohia Corp’s initial public offering bidding concluded on its third and final day. The grey market premium remained muted, suggesting a largely flat listing for the company. By the end of day two, the IPO had seen 59% subscription against shares offered. Lohia Corp’s maiden public issue aims to raise Rs 1,101 crore through an…
South Korean shares turned lower on Monday as chipmakers fell. Samsung Electronics and SK Hynix declined ahead of their earnings reports. New AI initiatives were announced involving major South Korean and US tech firms. E-commerce firm Naver jumped significantly on an investment partnership with Nvidia. Foreign investors were net sellers of shares, and the South…
IDFC First Bank reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income rose 21.1% year-on-year, and net interest margin also improved. Gross non-performing assets fell to 1.51%, showing further improvement in asset quality. The bank received claims worth Rs 514.8 crore under the CGFMU scheme. Management remains focused on building…
AU Small Finance Bank reported a 37% year-on-year rise in net profit to Rs 796 crore for the June quarter, driven by strong growth in net interest income and advances. The lender also announced July 31, 2026, as the record date for its proposed final dividend and elevated COO Yogesh Jain as Deputy CEO.
On July 24, five stocks in the Nifty500 appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend.
Five stocks in the Nifty500 pack featured in the RSI Trending Up scan on July 24 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Japan’s Nikkei share average saw little direction on Monday. Oil prices dropped significantly after the US suspended attacks on Iran. Investors avoided aggressive bets ahead of key corporate earnings reports this week. Major US cloud companies’ earnings will be closely watched for capital spending plans. Japanese chipmakers Advantest and Kioxia are also set to report…
Gold prices increased over one percent on Monday. A pause in Middle East hostilities lowered oil prices and inflation worries. This development supported gold’s appeal as investors anticipated stable interest rates. Other precious metals like silver and platinum also saw gains. Speculators increased their net long positions in COMEX gold.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources
Nuvama has reiterated its ‘Buy’ rating on Dr Lal PathLabs and raised the target price to Rs 2,140 from Rs 1,900, implying a potential upside of 21% from the current market price of Rs 1,756.