Market News

Shree Ram Twistex shares listed at ₹68 on NSE and ₹70 on BSE, marking a sharp discount to the issue price. The ₹110 crore IPO was subscribed 43.66 times during 23-25 February. Strong bidding was led by non-institutional and retail investors.

Clean Max shares fell nearly 25% after listing at a discount to their IPO price. Muted retail participation and a 94% overall subscription weighed on investor sentiment in early trade.

₹590-crore fraud at IDFC First Bank’s Chandigarh branch involved unauthorised transactions in Haryana government accounts. Arrests followed, funds partly recovered, but shares crashed, wiping over ₹14,000 crore in market value.

Gold and silver prices are expected to rise further next week. Analysts point to global trade tensions, Middle East geopolitical risks, and safe-haven demand supporting bullion. Persistent market uncertainties are likely to keep investor interest in metals elevated.

India and Brazil aim to double bilateral trade from $12 billion in 2024–25 to $30 billion by 2030, backed by mineral, defence and energy agreements.

HAL shares slipped as much as 4.72% intraday after reports of a Tejas runway incident reignited execution concerns. The weakness spread quickly. The Nifty India Defence index fell 1.09%, with investors locking in gains after a rally of nearly 50% over the past year.

UPL shares dropped to ₹677 after the company revealed its global crop protection business restructuring plan and Nuvama changed its stock rating to 'Hold' with an ₹816 target. The UPL Global entity will have approximately ₹190 billion in net debt after the restructuring process.

Brent crude has surged past $70 as geopolitical tensions add a fresh war premium to oil prices. Read more to understand what this means for global markets.

MCX shares might look expensive after doubling in a year, but the CME case study suggests there's still room for growth. With its new tech platform and a shift toward high-margin options, the exchange is evolving into a much more profitable business.

India’s primary markets are preparing for a transformative 2026. A diverse pipeline ranging from quick-commerce disruptors to dairy majors is set to debut. Read ahead on the regulatory approvals clearing the path for institutional giants and tech platforms alike.

Swiggy shuts down 15-minute food app Snacc after 15 months, citing scalability challenges. Focus shifts to core food delivery and quick commerce.

Waaree Energies plans to invest ₹8,175 crore to set up an integrated lithium-ion battery gigafactory in Andhra Pradesh with a capacity of 16 GWh, covering the full battery value chain.