PRIME HOSPITALITY SOURCING

Emkay Global pegs Nifty 50 target for next year at 29,000; lists these two factors as key catalysts

Emkay predicts an 11% increase in Nifty 50 to 29,000 for 2026, focusing on Discretionary and other key sectors. It remains Underweight on Financials and…

Gold, silver rates at record highs. Should you rejig your portfolio and increase gold holdings to 25%?

With gold and silver hitting record highs, investors are questioning whether to increase their gold holdings. Experts suggest a balanced approach, favouring 10-15% gold exposure…

Sebi formalizes new leadership and governance framework for market infrastructure institutions

The regulator has detailed the roles of managing directors and executive directors. MIIs must appoint two executive directors and restructure reporting lines to enhance oversight…

ICICI Prudential AMC IPO Day 1: Issues sees over 50% subscription. Check GMP, brokerage views & key highlights

ICICI Prudential AMC’s ₹10,602-crore IPO saw a 53% Day 1 subscription, led by strong QIB demand. The GMP of 9.3% signals moderate listing expectations. Brokerages…

Mutual fund managers defend recent high-valuation IPO bets

The focus shouldn’t be only on headline valuations but on whether these investments create value for unitholders, executives at fund houses said at the Mint…

Gainers & Losers: New India Assurance, Hindustan Zinc among 7 stocks in focus on Friday

Indian markets rose for a second day on Friday, with New India Assurance, Hindustan Zinc, GMDC, JSW Energy, Swiggy, Refex Industries and HCC among the…

Hindustan Zinc and 7 other stocks hit 52-week highs; gains up to 15% in a month

A strong market session lifted the Sensex by 450 points, triggering 52-week highs in eight BSE 200 stocks. Companies across metals, autos, finance, and banking…

Brookfield to invest USD 1 billion to build Asia's largest GCC in Mumbai

Maharashtra Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield is set to invest over USD 1 billion (around Rs 9,000 crore) to create…

Eastman Auto and Power files confidential DRHP with Sebi for upcoming IPO

Eastman Auto and Power plans to raise ₹1,800-2,000 crore through an IPO, supported by a strong R&D team and extensive manufacturing capabilities. The company reported…

ICICI Prudential AMC IPO GMP Day 1 Live Updates: ICICI Pru AMC IPO booked 52% so far on Day 1; QIB portion leads charge

Nifty may reach 30,000 in 2026, ICICI Direct says, bets on Bajaj Finserv, IOL, and 7 other stocks

ICICI Direct expects Nifty to hit 30,000 by 2026, backed by a Cup & Handle breakout, strong long-term support zones, and historical post-correction rallies. The…