Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

The much anticipated initial public offering (IPO) of online food delivery company <keyword id="830092" type="COMPANY" weightage="20" keywordseo="Zomato">Zomato</keyword> opened on Wednesday at Rs 72-76 per share offer and was fully received by the retail investors. The retail segment of the offering has been fully subscribed in just over an hour. So far, the IPO has been subscribed around 20 percent on the first day of bidding. On Tuesday, the company said that it has raised Rs 4,196 crore from several prominent institutional investors as part of an anchor book allocation. It has allocated 55.2 crore equity shares, to anchor investors, at a price of Rs 76 per share. Government of Singapore, <keyword id="158169" type="CITY" weightage="20" keywordseo="BlackRock">BlackRock</keyword>, <keyword id="6361649" type="UNKNOWN" weightage="20" keywordseo="Goldman-Sachs">Goldman Sachs</keyword>, <keyword id="126284" type="ORGANIZATION" weightage="20" keywordseo="Abu-Dhabi-Investment-Authority">Abu Dhabi Investment Authority</keyword> among others were the participants in the anchor book. Jyoti Roy, DVP- <keyword id="195368" type="POSITION" weightage="20" keywordseo="equity-strategist">Equity Strategist</keyword> at <keyword id="367193" type="COMPANY" weightage="20" keywordseo="Angel-Broking-Ltd">Angel Broking Ltd</keyword> noted that along with global investors the anchor portion witnessed strong participation from domestic <keyword id="6357979" type="UNKNOWN" weightage="20" keywordseo="mutual-funds">mutual funds</keyword> who were allotted 18.4 crore shares aggregating to Rs 1,399 crore out of the Rs. 4,196 crore anchor book. "Strong participation by institutions in the anchor book bodes well for the IPO and we expect continued strong demand for the IPO from both institutional and retail investors alike. Given strong delivery network, high barriers to entry, expected turnaround and significant growth opportunities in tier-II and tier-III cities, we believe that Zomato will command a premium to global peers and hence have a 'SUBSCRIBE' recommendation on the IPO," Roy said. The issue comprises an offer for sale of Rs 375 crore by the <keyword id="80004" type="COMPANY" weightage="20" keywordseo="Info-Edge">Info Edge</keyword> and a fresh issue worth Rs 9,000 crore. SEE ALSO - <a href="https://www.businessinsider.in/business/startups/news/a-startup-which-helps-you-become-a-makeup-artist-vah-vah-raises-seed-funding-from-sequoias-surge/articleshow/84378187.cms" style="">A startup which helps you become a makeup artist raises seed funding from Sequoia's Surge</a> <a href="https://www.businessinsider.in/business/ecommerce/news/chinese-e-commerce-app-shein-will-re-enter-the-indian-market-with-amazon-but-as-a-seller-this-time/articleshow/84376578.cms">Chinese e-commerce app Shein will re-enter the Indian market with Amazon, but as a seller this time</a>

Zomato IPO gets subscribed 20% on first day of bidding

Mumbai, Gold and <keyword id="85550" type="PERSON" weightage="20" keywordseo="Silver-prices">silver prices</keyword> declined on Friday as <keyword id="6371444" type="UNKNOWN" weightage="20" keywordseo="traders">traders</keyword> booked profits after the recent surge in prices. Further, increasing hopes of an economic stimulus from the US government also weighed on the price of gold internationally, which reflected in the domestic market. As the US Congressional Republicans and Democrats try to pass a new round of coronavirus aid, lawmakers from both parties are of the view that failure to agree was not an option anymore. The <keyword id="10454459" type="UNKNOWN" weightage="20" keywordseo="february-contract">February contract</keyword> of gold on the MCX was trading at ₹50,235.00 per 10 gram, lower by ₹155 or 0.31% from its previous close. The March contract of Silver was trading at ₹67,622 per kg, lower by ₹645 or 0.94% from its previous close. Anuj Gupta, DVP, <keyword id="10454460" type="COMPANY" weightage="20" keywordseo="commodities-and-currencies-research">Commodities and Currencies Research</keyword>, <keyword id="903865" type="COMPANY" weightage="20" keywordseo="Angel-Broking-Ltd-">Angel Broking Ltd.</keyword> said: "As for today traders can go for 'buy' in gold at ₹50,000 levels with the stop loss of ₹49,700 levels for the target of 50,700 levels." "They can also go for 'buy' in silver at Rs 67,800 levels with the stop loss of 67,000 levels and for the target of 70,000 levels," he said. Gupta said that in the international market gold may test $1,900 and silver may test the $27 level soon. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-ril-tcs-hcl-tech-zee-entertainment-bpcl-bharat-dynamics-hal-bharat-forge-and-others/articleshow/79789193.cms">Top stocks to watch — RIL, TCS, HCL Tech, Zee Entertainment, BPCL, Bharat Dynamics, HAL, Bharat Forge, and others</a> <a href="https://www.businessinsider.in/tech/enterprise/news/wistron-apple-iphone-manufacturer-could-face-these-penalties-if-found-guilty/articleshow/79790319.cms">If investigators find Wistron management guilty, here's what is at stake for the company</a> <a href="https://www.businessinsider.in/business/news/ikea-india-cfo-says-she-still-has-3500-crore-to-be-spent-in-india-the-pandemic-has-changed-targets-but-not-the-investment-plan/articleshow/79790938.cms">INTERVIEW: Ikea CFO says she still has ₹3,500 crore to be spent in India⁠— the pandemic has changed targets but not the investment plan</a>

Gold and silver prices decline as traders take some profit home

<ul><li>At 7:45 am, the SGX Nifty was down 1.14%, indicating a negative start for Nifty50. </li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider. </a></li></ul>The Indian stock market is likely to open in red on Thursday, amid the weak sentiments from the global market. At 7:45 am, the SGX Nifty was down 1.14% pointing towards a negative start for Nifty50. In global markets, the US stocks resumed their heavy sell-off amidst weak macroeconomic indicators and overshadowed recovery outlook on Wednesday. The Dow Jones Industrial Average ended up 525.05 points lower, and the S&amp;P 500 was down 2.37%. These are the stocks to watch out for during the trading session on September 24: Zydus Wellness Zydus Wellness board has approved and authorised the opening of the Qualified Institutional Placement issue at ₹1,775.85 per share on September 23. The shares of Zydus Wellness ended 4% lower yesterday. HDFC Limited Housing Development Finance Corporation Ltd (HDFC) is looking to raise up to ₹5,000 crore by issuing bonds on a private placement basis. The issue size for the secured redeemable Non-Convertible Debentures (NCDs) will be ₹2,500 crore with an option to retain oversubscription of up to ₹2,500 crore, it said in a regulatory filing to stock exchanges. The shares of HDFC Limited ended 0.4% lower yesterday. Infrastructure Leasing &amp; Financial Services (<keyword id="6357293" type="UNKNOWN" weightage="20" keywordseo="ILFS">IL&amp;FS</keyword>) The government of India has extended the term of Uday Kotak as non-executive chairman of debt-ridden IL&amp;FS group by one year. Kotak is also the managing director and chief executive officer of Kotak Mahindra Bank. The shares of IL&amp;FS Transportation Networks ended 4% lower yesterday. Tata Consultancy Services IT major Tata Consultancy Services (TCS) along with the US-based Yale University announced the launch of a new framework that could help ensure privacy and trust in peer-to-peer digital networks. The company said this would be a critical element in enhancing blockchain solutions for greater adoption by consumers. The shares of TCS ended 3% lower yesterday. Future Consumer Future Consumer promoter, Future Capital, invoked 36.6 lakh pledged equity shares. The shares of Future Consumer ended 4% lower yesterday. Sun Pharma Sun Pharma voluntarily recalled one lot of RIOMET ER (metformin hydrochloride for extended-release oral suspension), to the consumer level. The reason for the recall by Sun Pharma came after testing showed high levels of N-nitrosodimethylamine (NDMA), which is above the USFDA norms. The shares of Sun Pharma ended 1.3% lower yesterday. ONGC A fire broke out on Thursday morning at ONGC’s Surat plant. According to <a href="https://www.ndtv.com/india-news/massive-fire-breaks-out-at-ongc-plant-in-gujarats-surat-after-gas-pipeline-blast-2300194">reports</a>, three consecutive blasts took place at two terminals of the Hazira-based ONGC plant in Surat at around 3:30 am. The shares of ONGC ended 2.3% lower yesterday. Angel Broking IPO The ₹600 crore IPO of Angel Broking closes today. The issue was subscribed 1.45 times, a retail portion at 2.8 times on day 2, yesterday. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/airbnb-ceo-brian-chesky-on-the-companys-ipo-when-the-markets-ready-for-airbnb-it-will-go-public/articleshow/78276873.cms" data-type="tilCustomLink">Airbnb CEO Brian Chesky on the company's IPO⁠— 'When the market's ready for Airbnb, it will go public'</a> <a href="https://www.businessinsider.in/business/corporates/news/tech-mahindra-subsidiary-sells-stake-in-altiostar-to-rakuten-for-45-million/articleshow/78273567.cms" data-type="tilCustomLink">Tech Mahindra subsidiary sells stake in Altiostar to Rakuten for $45 million</a>

Top stocks to watch— TCS, Future Consumer, ONGC, Zydus Wellness, HDFC, IL&FS, Angel Broking, Sun Pharma and others

A massive selloff in the <keyword id="44794" type="PERSON" weightage="20" keywordseo="Equity-market">equity market</keyword> eroded Rs 4,23,139.78 crore from investors' wealth in a single trading session on Monday. Markets witnessed significant selling pressure in the second half of trade and the 30-share <keyword id="723721" type="PERSON" weightage="20" keywordseo="BSE-benchmark-index">BSE benchmark index</keyword> ended 811.68 points or 2.09 per cent lower at 38,034.14. Following weakness in the equity market, the market capitalisation of BSE-listed companies plummeted by Rs 4,23,139.78 crore to Rs 1,54,76,979.16 crore. On Friday, the market capitalisation of BSE-listed companies was at Rs 1,59,00,118.94 crore. "Indian benchmark indices succumbed to profit booking in the second half of the trading day. It was in sync with global cues which turned negative following surge in infections in various countries including in Europe," <keyword id="9976351" type="COMPANY" weightage="20" keywordseo="geojit-financial-services-head">Geojit Financial Services Head</keyword> of Research Vinod Nair said. "Additional restrictions were being considered in Europe following an increase in infections," he added. IndusInd Bank was the top loser in the Sensex pack, tumbling 8.67 per cent, followed by Bharti Airtel, Tata Steel, <keyword id="6653" type="COMPANY" weightage="20" keywordseo="ICICI-bank">ICICI Bank</keyword>, M&amp;M, Maruti and Axis Bank, while Kotak Bank, Infosys and TCS were the only three gainers from the 30-share frontline companies list. "Markets started the week on feeble note and lost nearly 2.5 per cent, following weak global peers. The first half was lackluster. However, significant selling pressure was witnessed in the latter half. "We feel rising COVID-19 cases combined with correction in the US markets spooked investors," Ajit Mishra, VP - Research, <keyword id="3530822" type="COMPANY" weightage="20" keywordseo="religare-broking-ltd">Religare Broking Ltd</keyword> said. On the BSE, 2,165 companies declined, while 595 advanced and 178 remained unchanged. In the broader market, the BSE smallcap and midcap indices declined up to 3.61 per cent. All BSE sectoral indices closed in the red, with BSE telecom, realty, metal and auto tanking up to 5.77 per cent. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/interview-angel-broking-ceo-believes-the-600-crore-ipo-will-ride-the-digital-euphoria/articleshow/78235409.cms" data-type="tilCustomLink">INTERVIEW: Angel Broking CEO believes the ₹600 crore IPO will ride the ‘digital’ euphoria</a> <a href="https://www.businessinsider.in/tech/news/tiktoks-deal-with-oracle-and-walmart-lets-it-cling-on-to-its-most-valuable-asset-its-algorithm/articleshow/78235845.cms" data-type="tilCustomLink">TikTok's deal with Oracle and Walmart lets it cling on to its most valuable asset — its algorithm</a>

Sensex sinks 800 points, Nifty cracks below 11,300 — global selloff eroded ₹4.23 lakh crore from investor wealth

<ul><li>The ₹525 crore initial public offering (IPO) of agrochemical company <keyword id="10058507" type="UNKNOWN" weightage="20" keywordseo="Heranba-Industries">Heranba Industries</keyword> opened today.</li><li>The company has fixed a price band of ₹626-627 per share, and the issue will remain open for subscription till February 25.</li><li>The shares were commanding a premium of ₹140-150 in the grey market over the set price band of ₹626-627 per share.</li><li>According to Angel Broking, the company has a robust past track record of performance. It has a strong financial position and has been generating positive cash flow.</li></ul>The ₹525 crore initial public offering (IPO) of agrochemical company Heranba Industries opened today and has so far seen a decent subscription rate. In just two hours of opening, the retail portion of the issue was subscribed 77%, and the overall subscription was at 39%. The company has fixed a price band of ₹626-627 per share, and the issue will remain open for subscription till February 25. <div type="Article" hostid="261" msid="81163638" title="Mukesh Ambani’s Reliance hives off O2C business ahead of Aramco deal" mstype="2" mssubtype="0"></div> The Gujarat-based company is a crop protection chemical manufacturer, exporter and marketer. Heranba is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permethrin, lambda-cyhalothrin. <div type="image" title="Heranba Profit" msid="81169614" hostid="261"></div> The public issue has received positive reviews from top brokerages, and the grey market is ready to pay a hefty premium for its shares. The shares were commanding a premium of ₹140-150 in the grey market over the set price band of ₹626-627 per share. However, the grey market is not an official measure of the market premium. Streets View: Heranba Industries <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Brokerage </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Recommendation </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Angel Broking </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hem Securities </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Capital Markets </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ICICI Direct </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr></tbody></table> Bigger market share, decent IPO pricing, strong future outlook and others that led to positive reactions from analysts Leading domestic player and growing export market According to the ICICI Direct report, Heranba is one of the leading domestic producers of pyrethroids in India. The company held 19.5% domestic market share in 2019, and 68% of its FY20 revenues came from the segment. “It is in the entire value chain of synthetic pyrethroids that provides flexibility to shift between products depending on the demand-supply and pricing dynamics,” it added. The brokerage said more than half of the global demand for Pyrethroids comes from China, and due to the shutdown of chemical plants in China amid pollution, higher volumes of Pyrethroids are expected to be exported out of India. Strong product portfolio and stable revenue base The company manufactures and supplies raw material to leading domestic and multinational agrochemical companies such as Sumitomo Chemical, Sulphur Mills, PI Industries and others. <div type="image" title="slider-04" msid="81169711" hostid="261"></div> It also procures certain raw material from other companies depending on demand and supply, and pricing dynamics. This diverse and stable customer base provides the necessary revenue stability to the company as not more than 18.57% of its aggregate sales come from its top ten customers for the period ended September 30. Justified valuation According to Angel Broking, the company has a robust past track record of performance. It has a strong financial position and has been generating positive cash flow. The IPO has been priced at 22.1x PE (price to earnings) on a trailing basis, which is quite reasonable by looking at the company's future prospects, the brokerage added. The price-to-earnings (P/E) ratio shows the price that the market is willing to pay for a stock based on its earnings. Higher the P/E, the more expensive the stock. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Peers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Trading at a PE </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Rallis India </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">23.1x </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sumitomo Chemicals </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">47.3x </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bharat Rasayan </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">27.0x </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/ipo-bound-zomato-valuation-jumps-to-5-4-billion-as-it-cashes-in-another-250-million/articleshow/81164109.cms">IPO-bound Zomato's valuation jumps to $5.4 billion as it cashes in another $250 million</a> <a href="https://www.businessinsider.in/business/startups/news/indian-startup-founders-are-wary-of-chinese-investors-prioritise-follow-up-funding-over-term-sheet-conditions/articleshow/81166682.cms">Indian startup founders are wary of Chinese investors, prioritise follow-up funding over term sheet conditions</a>

Heranba Industries IPO is off to a decent start — Here’s why investment experts and retail investors are excited

Mumbai, International quick-service restaurant chain, <keyword id="9903617" type="COMPANY" weightage="20" keywordseo="burger-king-india-ltd">Burger King India Ltd</keyword> (BKIL) began its journey on Indian bourses with a stupendous opening garnering a premium of over 130% on the first day of trade on Monday hitting the upper circuit just after 2.30 p.m. Against the issue price of ₹60, <keyword id="33542" type="COMPANY" weightage="20" keywordseo="Burger-King">Burger King</keyword> stock opened at ₹115.35 on BSE, while on the National Stock Exchange, shares made a debut at %112.50, a premium of over 87% over the <keyword id="72231" type="PERSON" weightage="20" keywordseo="IPO-price">IPO price</keyword>. After 2.30 p.m., the stock reached the upper price band of ₹138.40, 130.67% higher than the issue price on BSE. The upper circuit halts the trading in stocks for some time. The performance of the stock had even defied projections made by analysts who had expected Burger King to list at around 70-75% premium over issue price. "Such listing was in line with our expectation as the company issue was priced at a significant discount compared to listed peers such as Jubilant FoodWorks (Domino's Pizza) and Westlife Development (McDonald). Short term investors can book profit. We advise long term investors to stay invested in the company as there is ample scope available for the company to increase its business in India," Keshav Lahoti Associate Equity Analyst, Angel Broking Ltd said, "Even after such bumper listing, there is no issue with the valuation of the company. In the future, we expect the company to gain market share by opening more stores compared to the competitors. As the store count will increase, operating leverage will kick in and the company will be able to report profit and it will lead re-rating of the multiple for the stock," he added. BKIL enjoys exclusive <keyword id="10435142" type="COMPANY" weightage="20" keywordseo="national-master-franchisee-rights">National Master Franchisee Rights</keyword> in India till December 31, 2039, with an obligation to develop and open at least 700 restaurants by December 2026. It is one of the fastest growing QSR chain India with 268 restaurants spread across 17 states/UTs and 57 cities. It has already garnered 5% market share in India's ₹34,800 crore QSR market. According to Motilal Oswal Financial Services, Over FY18-20, BKIL's Revenue/EBITDA grew at a CAGR of 49%/258% led by 2x the store strength. However, it continues to make losses at PAT level. The same store sales growth stood at 12.2%/29.2% in FY18/FY19 while it surprisingly became flat in FY20. In 1HFY21, revenue declined 68% <keyword id="63194" type="PERSON" weightage="20" keywordseo="YoY">YoY</keyword>, while it made losses at EBITDA and PAT levels due to the Covid-19 impact. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-ril-airtel-vodafone-idea-tcs-tata-steel-cams-nmdc-and-others/articleshow/79732131.cms">Top stocks to watch — RIL, Airtel, Vodafone-idea, TCS, Tata Steel, CAMS, NMDC and others</a> <a href="https://www.businessinsider.in/tech/news/comparing-the-apple-m1-macbook-vs-the-intel-macbook/articleshow/79733783.cms">Apple vs Intel – Comparing the Apple M1 MacBook vs the Intel MacBook</a>

Burger King India roll-on bourses continue — shares locked in 20% upper circuit

Phil Rosen here. On Friday, I wrapped my final day at the <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">Messari Mainnet</a> conference in New York City. There, <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">I rubbed shoulders</a> with crypto enthusiasts, blockchain founders, and angel investors who all seem convinced the future of finance is decentralized — and that after parties are mandatory. For the small price of sleep deprivation, last week I took note of dozens of <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">evening festivities</a> ranging from panel talks to rooftop happy hours and <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">even a yacht party</a>. The <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">overwhelming bullishness</a> was the most obvious quirk of the conference. Bitcoin and ether have cratered more than 60% this year, but no one seemed to remember that while <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">dancing on a barge in the East River</a>. "The general sentiment among VCs [here] is very upbeat," one blockchain exec told me. Read my full dispatch here: <a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9">Crypto parties are still raging in the bear market. Here's what it's like at Mainnet, where tickets cost $2,100 and attendees party on yachts.</a>And below, I'm breaking down what Bank of America has to say about the worst bond market decline in over 70 years. Buckle up. This post first appeared in 10 Before the Opening Bell, a newsletter by Insider that brings you the inside scoop on what traders are talking about — delivered daily to your inbox. Sign up <a href="https://www.businessinsider.com/subscription/newsletter/10-things-opening-bell?r=US&amp;IR=T">here</a>. Download Insider's app <a href="https://link.insider.com/click/27645591.160803/aHR0cHM6Ly93d3cuaW5zaWRlci5jb20vYXBwP25yX2VtYWlsX3JlZmVyZXI9MSZ1dG1fc291cmNlPVNhaWx0aHJ1JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9T3BlbmluZ19iZWxs/62667762063d6b9bef0cffb3Bf9c9aa56">here.</a><a href="https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9"></a>1. The bond market is in the middle of a historic crash and it'll hammer stocks, according to a Friday note from <a href="https://markets.businessinsider.com/news/bonds/worst-bond-crash-since-1949-upset-stock-market-crowded-trades-2022-9">Bank of America</a>. As central banks <a href="https://markets.businessinsider.com/news/currencies/fed-rate-hike-central-banks-interest-global-inflation-markets-recession-2022-9">around the world</a> move to stem inflation, BofA analysts said bonds are experiencing their <a href="https://markets.businessinsider.com/news/bonds/worst-bond-crash-since-1949-upset-stock-market-crowded-trades-2022-9">worst decline since 1949</a>. The US Aggregate Bond ETF is down 15% in 2022, and global bonds have seen even more pain. "Bond crash in recent weeks means <a href="https://markets.businessinsider.com/news/bonds/worst-bond-crash-since-1949-upset-stock-market-crowded-trades-2022-9">highs in credit spreads</a>, lows in stocks are not yet in," BofA analysts said, adding that if it gets worse it could <a href="https://markets.businessinsider.com/news/bonds/worst-bond-crash-since-1949-upset-stock-market-crowded-trades-2022-9">unwind the long US dollar</a>, long US tech, and long private equity trades. These are the trades that helped <a href="https://markets.businessinsider.com/news/bonds/worst-bond-crash-since-1949-upset-stock-market-crowded-trades-2022-9">catapult</a> mega-cap tech names like Apple, Amazon, and Alphabet. If those widely-held, crowded positions become losing bets, BofA said, it would mean a <a href="https://markets.businessinsider.com/news/bonds/worst-bond-crash-since-1949-upset-stock-market-crowded-trades-2022-9">sell-off in stocks</a>. "True capitulation is when investors sell what they love and own," the firm noted.Bank of America is by no means alone in its downbeat forecast. Goldman Sachs on Friday <a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-goldman-sachs-target-fed-rate-hikes-2022-9">slashed its year-end expectation</a> for the S&amp;P 500 to 3,600 from 4,300.The Fed's aggressiveness, the Wall Street giant said, is going to <a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-goldman-sachs-target-fed-rate-hikes-2022-9">drag stocks more than 4% lower </a>going into the new year."The expected path of interest rates is now higher than we previously assumed, which tilts the distribution of equity market outcomes <a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-goldman-sachs-target-fed-rate-hikes-2022-9">below our prior forecast</a>," Goldman strategists said in a note, adding that the outlook is unusually murky."The forward paths of inflation, economic growth, interest rates, earnings, and valuations are <a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-goldman-sachs-target-fed-rate-hikes-2022-9">all in flux more than usual</a>, with a wider distribution of potential outcomes."What's your stock market outlook heading into year-end? Where is the S&amp;P 500 going to end 2022? Email <a href="mailto:prosen@insider.com">prosen@insider.com</a> or tweet <a href="https://twitter.com/philrosenn">@philrosenn</a>. In other news: <a href="https://markets.businessinsider.com/news/stocks/housing-market-recession-crash-home-prices-inflation-federal-reserve-pantheon-2022-9"></a><div type="image" title="FILE - In this Aug. 12, 2019, photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. Stocks of companies that do lots of business with China are obvious targets to sell when trade worries rise, and they’ve lagged sharply behind the rest of the market whenever President Donald Trump sends out a tariff tweet. But investors are also looking way beyond these first-order effects, as they pick out which stocks look most vulnerable to the trade war." height="1500" width="3000" msid="94502594" hostid="261"></div>2. US stock futures fall early Monday, after the <a href="https://markets.businessinsider.com/news/currencies/currencies-dollar-british-pound-record-low-liz-truss-kwasi-kwarteng-2022-9">pound slumped nearly 5% to a record low</a> overnight. Meanwhile, oil prices also plunged, with Brent trading below $85 a barrel. <a href="https://markets.businessinsider.com/premarket">Here are the latest market moves.</a> 3. Earnings on deck: Max Healthcare Institute Ltd Registered Shs, Neil Industries Ltd, and more, all <a href="https://markets.businessinsider.com/earnings-calendar">reporting</a>.4. Ray Dalio said his hedge fund Bridgewater Associates is up around 25% this year. He broke down two ways investors should approach the market as it is due to drop another 20% — <a href="https://www.businessinsider.com/where-to-invest-ray-dalio-investing-strategy-inflation-recession-bridgewater-2022-9">and explained what area he's bullish on in the long run</a>.5. Wharton professor Jeremy Siegel said Jerome Powell is making one of the biggest policy mistakes in the Fed's 110-year history. It's the same exact mistake the Fed made one year ago, Siegel noted —<a href="https://markets.businessinsider.com/news/stocks/jeremy-siegel-fed-making-same-mistake-interest-rates-inflation-recession-2022-9"> and that could tip the US economy into a recession.</a>6. The IEA's executive director slammed Russia's plan to switch gas exports from Asia to Europe. The Kremlin has "already lost the energy battle" against the EU, Fatih Birol said. He thinks the pivot will take at least 10 years: <a href="https://markets.businessinsider.com/news/commodities/russia-gas-export-shift-asia-europe-10-years-iea-birol-2022-9">"You're not selling onions." </a>7. A top economist said US home prices could plunge 20% by next summer as a housing recession kicks in. House prices are down about 5% from their May peak, and existing home sales are down 20% from a year ago. <a href="https://markets.businessinsider.com/news/stocks/housing-market-recession-crash-home-prices-inflation-federal-reserve-pantheon-2022-9">But Fed officials have indicated they want a correction in the market. </a>8. The S&amp;P Global exec in charge of the firm's DeFi efforts broke down Wall Street's biggest hurdles to institutional adoption of crypto. In comments at the Messari Mainnet conference, the Chief DeFi officer said institutional capital will flood into crypto once there's more regulatory clarity. <a href="https://www.businessinsider.com/sp-global-exec-wall-street-biggest-hurdles-crypto-adoption-messari-2022-9">Get the full details here.</a>9. The head of ETF strategy at $19.5 billion Allianz shared how to manage risk as the Fed moves to slow inflation. Stocks have tanked since interest rates have climbed, but Johan Grahn explained how investors can <a href="https://www.businessinsider.com/how-to-invest-recession-risk-inflation-federal-reserve-rates-allianz-2022-9">manage pitfalls and make smarter money moves as the chances of a recession heighten.</a><a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-fundstrat-tom-lee-stays-bullish-despite-inflation-2022-9"></a><div type="image" title="S&amp;P 500 stock market news" height="1071" width="1273" msid="94502596" hostid="261"></div>10. As stocks sell off, Fundstrat's Tom Lee is sticking to his bullish year-end stock market forecast. Lee argued the Fed could actually do far less tightening, since the market is "doing [the] Fed's work" already. <a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-fundstrat-tom-lee-stays-bullish-despite-inflation-2022-9">Here's what you want to know</a>. Keep up with the latest markets news throughout your day by checking out <a href="https://link.chtbl.com/therefresh">The Refresh from Insider</a>, a dynamic audio news brief from the Insider newsroom. <a href="https://link.chtbl.com/therefresh">Listen here.</a>Curated by Phil Rosen in New York. (Feedback or tips? Email <a href="mailto:prosen@insider.com">prosen@insider.com</a> or tweet <a href="https://twitter.com/philrosenn">@philrosenn</a>).Edited by Max Adams (<a href="https://twitter.com/maxradams">@maxradams</a>) in New York and Hallam Bullock (<a href="https://twitter.com/hallam_bullock">@hallam_bullock</a>) in London.

The bond market is in the middle of its worst decline since 1949. It's set to unravel some very popular trades, BofA says.

<ul><li><keyword id="10858430" type="General" weightage="20" keywordseo="nykaa-ipo" source="Orion">Nykaa IPO</keyword> will open for subscription between October 28 and November 1, with a price band of ₹1,085 to ₹1,125.</li><li>The beauty and fashion ecommerce platform intends to raise ₹5,352 crore through this public issue.</li><li><keyword id="6376684" type="General" weightage="20" keywordseo="nykaa" source="Orion">Nykaa</keyword> intends to use this capital for repayment of loans, acquisition of business and marketing expenses.</li></ul>Nykaa’s initial public offering (IPO) is the most sought after event in the startup ecosystem, right after the blockbuster debut of Zomato in July. The IPO will open for subscription between October 28 and November 1, with a price band of ₹1,085 to ₹1,125. An investor will have to subscribe to a minimum of 12 shares. The anchor placement will open today (October 27). <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Events </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Date </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IPO open date </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">October 28 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IPO close date </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 1 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Basis of allotment </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 8 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Initiation of refunds </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 9 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Credit of shares to demat account </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 10 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IPO listing date </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 11 </td></tr></tbody></table>Source: Angel Broking The beauty and fashion ecommerce platform — which comes under FSN E-commerce Ventures — intends to raise ₹5,352 crore. Nearly ₹630 crore will be raised through fresh issue of shares. According to Nykaa’s red herring prospectus, 17 investors — both institutional and individuals — would sell 4.3 crore equity shares as part of this IPO. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Shareholders </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Offered shareholding </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Sanjay Nayar Family Trust* </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Up to 4,800,000 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">TPG Growth IV SF Pte. Ltd </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Up to 5,421,510 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Lighthouse India Fund III, Limited </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Up to 4,844,620 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Lighthouse India III Employee Trust </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Up to 51,530 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Yogesh Agencies &amp; Investments Private Limited </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Up to 2,538,450 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">J M Financial and Investment Consultancy Services Private Limited </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Up to 914,000 </td></tr></tbody></table>Source: Nykaa’s RHP Nykaa intends to use this capital for acquisition of customers as well as new businesses. Besides this, the company plans to increase its international presence by foraying into the <a href="https://www.businessinsider.in/business/news/soon-to-be-listed-nykaa-plans-to-expand-to-middle-east-and-the-uk/articleshow/87257541.cms">Middle East as well as the United Kingdom</a>, before stepping into Europe. A part of these issues will also be used by Nykaa to set up <a href="https://www.businessinsider.in/business/news/ipo-bound-nykaa-plans-to-set-up-more-retail-stores-and-warehouse-for-ecommerce/articleshow/87274137.cms">more retail stores and warehouses </a>to promote its ecommerce business. The company will use ₹156 crore to repay its debts and ₹234 for marketing expenses, as per the RHP. SEE ALSO <a href="https://www.businessinsider.in/business/news/ipo-bound-nykaa-plans-to-set-up-more-retail-stores-and-warehouse-for-ecommerce/articleshow/87274137.cms">Nykaa plans to go ‘aggressive’ with its retail store network, a vertical that contributes less than 10% to its revenue</a> <a href="https://www.businessinsider.in/business/startups/news/amazon-backed-office-shuttle-service-shuttl-finds-a-saviour-in-chalo/articleshow/87278431.cms" data-type="tilCustomLink">Amazon-backed office shuttle service Shuttl finds a saviour in Chalo</a> <a href="https://www.businessinsider.in/stock-market/news/tech-mahindra-irctc-tata-power-are-bucking-the-trend-in-volatile-market/slidelist/87271983.cms" style="">Tech Mahindra flies on strong revenue, Tata Power excites investors with EV push and IRCTC back on track after a lull week</a>

You Searched For "Angel Broking Ltd" and got 8 results

Zomato IPO gets subscribed 20% on first day of bidding

IANS

Gold and silver prices decline as traders take some profit home

IANS

Top stocks to watch— TCS, Future Consumer, ONGC, Zydus Wellness, HDFC, IL&FS, Angel Broking, Sun Pharma and others

Navdeep Yadav

Sensex sinks 800 points, Nifty cracks below 11,300 — global selloff eroded ₹4.23 lakh crore from investor wealth

PTI

Heranba Industries IPO is off to a decent start — Here’s why investment experts and retail investors are excited

Navdeep Yadav

Burger King India roll-on bourses continue — shares locked in 20% upper circuit

IANS

The bond market is in the middle of its worst decline since 1949. It's set to unravel some very popular trades, BofA says.

Phil Rosen

Nykaa’s IPO to open tomorrow — check last date, listing date and more

Kritti Bhalla

Popular Keywords

Buying Guides