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Rays of Belief IPO has entered its second day of bidding on Wednesday, 2 September. The ₹125 crore IPO will remain open till Thursday, 3 September. The price band for the Rays of Belief IPO has been set at ₹227– ₹239 per equity share, with each share carrying a face value of ₹10.

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Bengaluru-based direct-to-consumer (D2C) luggage and travel accessories brand Mokobara is set to raise Rs 90.66 crore ($9.5 million) in a Series C funding round, more than two years after its previous fundraise. The round is led by existing investor Sauce VC, with participation f

Listen to this article in summarized format After opening, Sensex dropped over 750 points to fall below 76,200 while Nifty 50 plunged over 200 points to slip below 23,800 level. The sharp drop in the stock market wiped off nearly Rs 5 lakh crore from the total market capitalisati

Coal India share price jumped more than 4% in early deals on the BSE on Wednesday, 2 September, defying weak market sentiment. The PSU stock opened at ₹405.25 against its previous close of ₹402.50 and jumped 4.2% to an intraday high of ₹419.70. Around 9:25 AM, Coal India shares w

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On Day 1, the IPO was 87% subscribed, with investors bidding for shares against the 1.85 crore shares on offer. The retail segment was particularly encouraging, with Retail Individual Investors (RIIs) subscribing 1.38 times the 93.55 lakh shares reserved for them. Priced in the R

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Welspun Corp shares are up 220% year to date. As part of the partnership, Welspun Corp and Perma-Pipe plan to form a joint venture to develop and operate an integrated pipe manufacturing and coating platform in Jordan. The facility is expected to serve water, oil and gas, energy

But shareholding data for the first quarter suggests that while a broad-based return to Indian equities remains uncertain, foreign investors are becoming increasingly selective in where they put their money. Three bets, in particular, have paid off handsomely, helping FIIs kick o

The News Sen. Ed Markey, D-Mass., decisively won his primary on Tuesday, defeating Rep. Seth Moulton on a bad night for insurgent Democratic candidates. Markey, who turned 80 this summer, defeated Moulton across the state, losing to the 47-year-old only in parts of Moulton’s nort

Sovereign yields are a reference point for asset prices across financial markets and the higher price of money means higher mortgage rates for consumers and tough choices for government spending as funding costs climb. The yield on 10-year U.S. Treasury notes rose to a near three

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The Rs 91.05 crore Priority Jewels IPO is expected to finalise its allotment today, allowing investors to check online whether they have been allotted shares. The company’s shares are scheduled to make their debut on both the BSE and NSE on September 4, 2026. Adding to investor i

Gold and silver prices dropped more than 1% on the MCX on Wednesday (2 September) morning, mirroring weak global trends. MCX gold October futures were down 1.03% at ₹1,50,164 per 10 grams, while MCX silver December futures were 1.26% down at ₹2,32,464 per kg around 9:05 AM. US go

Lumino Industries IPO listing: Shares of Lumino Industries are slated to list in the Indian stock market tomorrow (Thursday, 3 September). Lumino Industries IPO GMP today, or grey market premium, is +37. Lumino Industries IPO allotment was finalised on Tuesday, 1 September. Those

Adding to the excitement, the IPO’s grey market premium (GMP) is currently around 60%, signalling strong investor interest and pointing to the possibility of a sizeable listing gain, if the grey-market trend holds. The IPO, which opened for subscription on August 28 and closed on

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On the second day of bidding, the issue saw a muted response, with the overall IPO subscribed 24% against the 68.49 lakh shares on offer. The retail investor portion witnessed comparatively stronger demand. Purple Style Labs, the parent company of luxury fashion platform Pernia’s

Credit: DIGITIMES The EU is pressing ahead with the European Chips Act and discussing a second phase, but TSMC says public money alone will not secure a durable semiconductor base... Keep me signed in Some subscribers prefer to save their log-in information so they do not have to

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Gauff's flaw forgotten on winning US Open return - Published The sight of a forlorn Coco Gauff hitting serves in the rain on the US Open practice courts became the defining image of her struggles last year. The serving yips were undermining the two-time major champion's talent. S

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