Walmart Inc. is set to join the Nasdaq 100 Index on January 20, 2026, as AstraZeneca Plc exits, Nasdaq Global Indexes announced. This update follows Walmart’s historic shift from the New York Stock Exchange (NYSE) to Nasdaq last year, marking the largest exchange transfer on record. The Nasdaq-100 Index, a…
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Multibagger Stock: ₹1 Lakh Grows to ₹64 Lakh in 4 Years
In an extraordinary example of long-term wealth creation, shares of Network People Services Technologies (NPST) have transformed a modest investment of ₹1 lakh into approximately ₹64 lakh within just four years. The small-cap stock has emerged as one of the most remarkable multibaggers in India’s equity markets, rewarding patient investors…
Reliance Shares Slide 5% on US-Venezuela Tensions: Buy Now?
Reliance Industries Ltd (RIL) shares witnessed a sharp sell-off on Tuesday, January 6, sliding over 5% in intraday trade as global markets reacted nervously to escalating tensions between the United States and Venezuela. The decline marked the second consecutive day of losses for India’s most valuable listed company, sparking debate…
Leaders Pay Tribute to Birsa Munda on Gaurav Diwas
India’s top constitutional leaders, including President Droupadi Murmu, Vice President C. P. Radhakrishnan, and Lok Sabha Speaker Om Birla, paid floral tributes to Bhagwan Birsa Munda on the occasion of Janjatiya Gaurav Diwas at the Parliament premises on Friday. The solemn ceremony, held at Prerna Sthal, marked the birth anniversary…
Groww IPO Subscribed 17.6x; GMP Dips to ₹6.5 Ahead of Listing
New Delhi, November 7, 2025: Billionbrains Garage Ventures the parent of investment platform Groww closed its three-day initial public offering with robust demand, recording an overall subscription of 17.6 times. Despite heavy bidding, the grey market premium (GMP) cooled to ₹6.5 per share, signalling modest listing expectations for November 12….
Warren Buffett’s Berkshire Cash Surges to Record $382 Billion
New Delhi, November 1, 2025: Warren Buffett’s Berkshire Hathaway Inc. has achieved a historic milestone, amassing a record cash reserve of $381.7 billion in the third quarter of 2025. The surge in liquidity highlights the company’s cautious investment strategy amid volatile global markets and declining short-term interest rates. Operating Profit…
SEBI Bars Mutual Funds from Pre-IPO Investments
New Delhi, October 24: The Securities and Exchange Board of India (SEBI) has barred mutual fund schemes from investing in pre-IPO placements of equity shares and related instruments, restricting them to participate only in the Anchor Investor portion or the public issue of an Initial Public Offering (IPO). The directive,…
RBI Holds Repo Rate at 5.5%, Cuts Inflation Forecast to 2.6%
Mumbai, October 1: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5% on Wednesday, citing easing inflation and resilient growth momentum. The decision comes at the conclusion of its three-day meeting, chaired by Governor Sanjay Malhotra. Repo Rate Held Steady, Neutral Stance…
22 IPOs Set to Raise ₹5,000 Crore in Blockbuster Week
India’s primary market is set for a record-breaking week as 22 companies prepare to launch their initial public offerings (IPOs). Eight mainboard listings and 14 small and medium enterprise (SME) offerings together aim to raise close to ₹5,000 crore, reflecting strong investor appetite and bullish market sentiment. Mainboard IPOs Lead…
