Share Market

IPO Buzz: 4 IPOs And Factors To Hit The Market This Week

The domestic share market completed a tumultuous week with small gains, but market players were kept on their toes. Despite the positive GDP figures, the new Covid-19 variant ruined the equity numbers. This week during December 6th and 14th, four companies—RateGain Travel Technologies, Shriram Properties, CE Info Systems (MapmyIndia), and Metro Brands, which is supported…

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

On Monday, Reliance Industries (RIL) shares hit a new high after Reliance New Energy Solar LTD announced the acquisition of two companies, intensifying its drive into green energy. Nifty rocketed to a new high of 18,000, after gains in index heavyweights RIL and banks. Mukesh Ambani’s conglomerate, RIL made two purchases over the weekend, including…

Global Stock Markets Falls With the Repercussions Of Evergrande ‘collapse’

Global Stock Markets Falls With the Repercussions Of Evergrande ‘collapse’

The global equity market and the prices of Bitcoin plummeted after China’s Evergrande Group’s Collapse, a Chinese real estate giant. The world’s most indebted property development firm, Evergranade, fears bankruptcy, resulting in 1.6 million unfinished homes and angry buyers protecting outside the company’s office. The global sentiments have been rattled by the real estate firm,…

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

The strong bull run revives the stress that investors had in late March when global investors were frightened about the economic setbacks due to the Covid-19 pandemic surging to the market. India’s Market Capitalization jumps over 3.5-trillion—almost double from about 1.3-trillion then in March. Several factors contributed to this record-breaking history in the global market,…