The Indian services sector experienced a significant upswing in December, hitting a four-month high. This marks a positive end to the year and highlights the resilience and growing demand in one of the most vital segments of the Indian economy. This surge underscores a recovery from previous months’ slower growth rates and indicates optimism among service providers.
On Monday, Indian equity benchmarks recorded their steepest single-day decline in three months, leaving investors on edge and sparking widespread concerns about market stability. The Sensex slipped by 1,258 points, or 1.6%, to close at 77,965, while the Nifty fell by 389 points to settle at 23,616. This sharp drop wiped out nearly Rs 11 trillion in market capitalization, bringing the total valuation of BSE-listed firms down to Rs 438 trillion.
Royal Enfield bikes have been the companion for generations of dreamers, thrill-seekers, and wanderers. Its timeless style bridges generations and mixes old-school charm with modern-day swagger. But would you believe that its journey kick-started in a garage?
Reviewing your portfolio is an essential practice in the constantly shifting landscape of investing. Similar to a captain who routinely assesses the ship’s direction, you need to evaluate your portfolio regularly to ensure you are progressing steadily towards your financial objectives.
NTPC Green Energy Ltd. (NGEL), the renewable energy arm of NTPC Ltd., has sparked investor interest with a notable surge in its share price. This rise follows the company’s successful bid for a 1000 MW renewable energy project at a competitive tariff of ₹2.56/kWh, marking a crucial milestone in its green energy expansion strategy.
The primary market has been a busy street in 2024, with nearly 300 IPOs raising around Rs.1.8 lakh crore collectively. The trend continues in 2025, with projections for the primary market reaching a value of Rs.2 lakh crore. The estimates this year is kickstarting with the 7 upcoming IPOs in January, of which 6 are opening this week. Let’s take a detailed look at each of these IPOs.
The Indian IPO market stood out as one of the highest-performing markets globally in 2024. The IPO boom raised Rs.1.67 lakh crore ($19.5 billion) through 268 mainboards and 178 SME IPOs. This IPO boom will likely continue in 2025 when companies have already lined up for their market debut in January.
It was relatively quiet week for the global stock market, which was expected, on the account of lower investor participation and shortened trading week.
2024 was quite volatile but key markets managed to close the year on high note.
Another stirring IPO is set to enter the market, and the investors were looking forward to the news that they
Mukesh Ambani, chairman of Reliance Industries, is reportedly finalizing plans for a massive ₹35,000-₹40,000 crore initial public offering (IPO) of Reliance Jio. Jio IPO is poised to become the biggest in India’s history, marking a significant milestone for the country’s telecom and tech sectors.
