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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

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

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

Top News of the Day: 1. One Card secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47 2. The Indian Space Research Organisation (ISRO) has achieved a significant milestone in its space programme with the successful sea-level hot

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

JPMorgan Predicts S&P 500 to increase 8% to 6,500 by 2025 **JPMorgan Forecasts S&P 500 to Hit 6,500 by 2025, Driven by Earnings Growth and AI Investments** JPMorgan has set a bullish 2025 price target for the S&P 500 at 6,500, signaling an 8% upsid

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. Zepto, a quick commerce firm, has raised $350 million in funding from Indian high net-worth individuals, family offices, and financial institutions. 2. WhatsApp Beta introduces group mentions to simplify updates 3. Bitcoin

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