The upcoming IPO of the National Stock Exchange (NSE) has brought the valuation of India’s two leading stock exchanges into focus. While NSE remains the dominant player across cash equities and equity derivatives.
Karamtara Engineering shares made a strong debut on the Indian stock exchanges on Thursday, September 17, delivering a listing gain of nearly 26 per cent to IPO investors.
Manipal Payment and Identity Solutions shares made a weak debut on the Indian stock exchanges on Thursday, September 17, listing below their initial public offering price of ₹339. The company’s shares opened at ₹330 on the NSE.
Tata Sons, the holding company of the Tata Group, is expected to come out with its initial public offering in the coming months.
Huawei Technologies is set to unveil its next generation of artificial intelligence chips, intensifying its efforts to challenge Nvidia's dominance in China's AI hardware market.
Indian stock markets traded higher in early Thursday deals, September 17, with the Sensex gaining around 200 points and the Nifty50 moving closer to the 23,300 mark.
The death toll from devastating flash floods in Nepal rose to 1,377 on Thursday, after rescue teams recovered more bodies from several affected districts, authorities said.
The upcoming BRICS Leaders’ Summit is driving a sharp surge in luxury hotel demand in the capital, with room rates touching ₹1 lakh–₹2.5 lakh a night and exposing Delhi’s shortage of quality mid-segment accommodation.
However, the state government clarified that the investment figures are indicative at this stage and will depend on feasibility studies, due diligence, statutory approvals and definitive agreements.