ASSET BUYING

Nippon Life India Asset Management is set to acquire a two-floor office space in Mumbai's Lower Parel from Lodha for Rs 486 crore. The asset management firm plans to relocate its headquarters to this new 52,162 sq ft space. The deal was finalized on...

Moksha Group will acquire Bengaluru-based Arzooo's technology platform and its various intellectual property assets and trademarks. The deal comes months after the company's unsuccessful attempts to raise capital or merge with bigger competitors.

October saw a 10% Bitcoin rally, fueled by the US election and Fed rate cuts. Bitcoin is now trading above $91,000, and the overall crypto market cap has exceeded $3 trillion. Ethereum and Solana are promising Layer 1s with potential for significant...

A total of 1,773 shares changed hands on the counter till time (IST).

Goldman Sachs predicts gold prices will soar to $3,000 an ounce by December 2025, fueled by increased central bank demand and US interest rate cuts. A weaker dollar and geopolitical tensions are expected to further bolster gold's appeal as a safe-ha...

On the technical charts, the RSI of the stock stood at 38.6.

A total of 3,401 shares changed hands on the counter till time (IST).

Alta Capital has acquired over 2.5 million sq ft of logistics assets from IndoSpace for over $100 million. The deal includes grade A assets in Pune and Chennai and expands Alta Capital's logistics portfolio to 11 million sq ft across India. The acqu...

The sharp October selling, sparked by FPIs, did not correct the market to the extent it would have in the past. One reason is that domestic institutional investors (DIIs) – which include mutual funds – absorbed a part of the selling. And they were a...

Fifteen years back, a company from a large industrial house raised money by floating corporate bonds at X% interest. A mid-size company raised money at X% plus 200 basis points. It was thus paying 2% more for the capital, putting it at a disadvantag...

Daljeet Kohli of Roha Asset Managers LLP is bullish on the pharma sector, anticipating strong performance over the next one-two years. He mentions the Biosecure Act of the US and the potential growth for companies involved in CDMO, CMO, and CRMO. Ko...

Gold investors celebrating Dhanteras see a 30% return over the past year. Analysts suggest further gains of up to 11% by next Dhanteras, driven by geopolitical concerns and monetary policies. Silver also shows promise with strong demand and future p...

Ajay Vora from Nuvama Asset Management is optimistic about defence stocks, OMCs, and specific PSU sectors despite recent corrections. Caution is advised due to a demand slowdown affecting various sectors. He also sees potential in the IT sector and ...

HDFC AMC shares surge 5% after a 32% YoY rise in Q2 profits to Rs 576.61 crore, with revenue up 38% to Rs 887.2 crore. Jefferies and CLSA raise target prices and revise EPS estimates, highlighting strong AUM growth and stable market positions despit...

NEAR Protocol (NEAR) is a layer-one blockchain that was designed as a community-run cloud computing platform eliminating some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor in...

Despite the recent correction phase – though largely limited to select large-caps – we are still in a market where companies near bankruptcy are quoting at half billion market cap. Even at this point, finding stocks which have value is not easy – wi...

The measures the capital market regulator SEBI announced on Tuesday might hit the businesses of some companies in the short term. It will certainly impact the volume of some players. But sometimes changes in regulations need to be looked at in a dif...

In the report, Investec noted that Aadhar is the largest and most diversified housing finance company in India. The company's dual underwriting model enhances its operational efficiency and risk management capabilities, allowing it to cater to a bro...

JM Flexicap Fund has returned over 40% this year, beating over 96% of peers during the period, according to Bloomberg data. It has been the best performer in its category over a three-year time frame.