Global investment bank Goldman Sachs has predicted that the Nifty 50 index could touch 29,000 points by the end of next year, which is about 14% higher than its current level of 25,574. The bank has upgraded its rating on Indian equities to ‘Overweight’. Goldman Sachs noted that although India’s stock markets have lagged behind…
Leading eyewear retailer Lenskart Solutions Ltd. made its debut on the stock market on Monday. However, its shares disappointed investors on listing day. While the IPO issue price was ₹402 per share, Lenskart’s stock listed at a discount of ₹7 on the NSE at ₹395, and at a discount of ₹12 on the BSE at…
Kotak Mutual Fund has temporarily suspended lump sum subscriptions in its Kotak Silver ETF Fund of Fund due to a sharp increase in the spot premium of silver over the import parity price. The move aims to protect investors’ interests as silver prices surge to record levels both in India and global markets. The fund…
