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Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut Swiggy's IPO debuted at ₹420 on NSE, up 7.7% from its issue price. The IPO was oversubscribed 3.59 times, attracting significant interest from institutiona

China's new home prices have experienced a significant decline, with June 2024 marking the steepest drop in nine years—a 4.5% year-on-year fall, the largest since June 2015. Despite multiple government interventions, the property market remains unde

Why Foreign Institutional Investors (FIIs) are selling? 1. India's valuation: Mildly expensive based on Forward PE and Forward PEG ratios. 2. Alternative investment options: China is emerging as a viable alternative, capable of absorbing significa

This Thing Will Actually Blow Your Mind. Click on This. "Inflation is taxation without legislation." - Milton Friedman Inflation: A Major Concern in India Inflation remains a pressing issue in India, with the state of Odisha facing the highest r

In October 2024, the Indian stock market saw one of the largest sell-offs by foreign institutional investors (FIIs) in recent history. FIIs sold a massive ₹82,000 Cr in just a single month. What are the reasons? No one can say for sure why FIIs ar

Top News of the Day: 1. Paramount Global engaged in months-long discussions with Warner Bros. Discovery regarding a potential merger, but ultimately abandoned the idea due to the lack of a concrete offer. 2. Venture capital firm Mounttech Growth F

Top News of the Day: 1. Edtech startup Adda247 buys placement preparation platform PrepInsta 2. Mattress and seating solution provider Wakefit.co reported a 24% increase in revenue to Rs 1,017 crore in the financial year ending March 2024. 3. Bha

Top News of the Day: 1. Foxconn chief to meet Karnataka CM Siddaramaiah on August 16 2. Former Google CEO Eric Schmidt said he initially thought Microsoft partnering with ChatGPT maker OpenAI "was the stupidest idea" he had ever heard. 3. Warren B