Bharat Express

INVESTORS

The Indian Stock Exchange has achieved a milestone in 2024 by registering 268 successful initial public offerings (IPOs). The number is highest in Asia and a global record for a primary market. 

India's financial markets rebounded with political stability and rising retail investments, attracting FPIs back from selling.

Quick grocery delivery platform Zepto is on the verge of securing nearly $650 million in funding from both existing and new investors, according to sources.

Following the LS results, Indian investors prepare for ongoing market volatility, cautioned by analysts who stress long-term outlooks.

In Asian markets, Shanghai, Malaysia, Hong Kong, and Taiwan concluded in the green, while Tokyo, Gift Nifty, and South Korea ended in the red

Kedar Deshpande, the head of retail distribution of ICICI Securities has resigned to seek other career options, the brokerage is delisting and merging with ICICI Bank after 72 percent approval

In Asian markets, Seoul closed higher, while Tokyo, Shanghai, and Hong Kong closed lower

The top laggards were Bajaj Finance, Bajaj Finserv, Reliance Industries, UltraTech Cement, Titan, NTPC, and Larsen & Toubro

The Indian market has demonstrated resilience, emerging as one of the standout performers within the broader emerging markets basket, Sunil Nyati, Managing Director of Swastika Investmart Ltd, said.

Foreign Institutional Investors (FIIs) sold securities worth Rs 1,322.08 crore