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2025-06-25 03:04:24| The Economic Times

Uttar Pradesh, Tamil Nadu, and Maharashtra led in cash transactions through currency chests in May. These states reflect high credit and deposit demand. Five states accounted for 40% of cash deposits and withdrawals. Digital payments are rising, yet cash demand persists. Income is a key driver of currency demand in India.


Category: News and Media

 

2025-06-25 02:27:06| The Economic Times

The company allotted 45 million shares at upper price band of 740 apiece to these institutional investors. Anchors include LIC, ICICI Prudential Mutual Fund, SBI Mutual Fund, etc.


Category: News and Media

 

2025-06-25 02:19:10| The Economic Times

Sambhv Steel Tubes is launching an IPO to raise 400 crore for debt repayment and 100 crore through an OFS, diluting promoter stake to 56%. With expanding capacity and strong industry growth projections, the company aims to capitalize on rising steel pipe demand.


Category: News and Media

 

2025-06-25 02:08:23| The Economic Times

Nifty is facing a tug-of-war between bulls and bears in the derivatives market, struggling to stay above 25,200 due to persistent call option writers. These traders are betting against the index surpassing this level, creating strong resistance. Simultaneously, put writers are defending the 25,000 level, indicating a solid support base.


Category: News and Media

 

2025-06-25 01:59:01| The Economic Times

Indian equity indices closed with slight gains amid Middle East tensions, paring earlier advances. Investors are closely monitoring the Iran-Israel conflict, leading to market volatility. While Asian markets largely rose, oil prices declined. Analysts advise caution, suggesting selective investments and gradual deployment due to ongoing uncertainty.


Category: News and Media

 

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