EV charger manufacturer Exicom Tele-Systems Ltd has set a price band of Rs 135-142 a share for its public issue that will open for bids on February 27. The anchor book will open on February 26 and the issue will close on February 29. Basis of allotment will be on March 1 and the stock will list on the exchanges on March 5. The public offer comprises a fresh issue of shares worth Rs 329 crore.

Indian paints industry set for major competition as Grasim Industries enters with its 'Birla Opus' brand. The entry may lead to a decrease in market share and profitability for existing players. Grasim's aggressive pricing and established brand may give it an advantage, while other companies may see a dip in their stocks. Analysts predict disruption in the sector and foresee a slowdown in demand.

Mercedes-Benz reported a 12.6% return on sales in its car division for 2023, meeting its forecast but lower compared to this year's 15.1%. The carmaker predicts even lower returns for 2024 due to supply chain issues and inflation, particularly in the electric vehicle sector. Despite this, Mercedes-Benz still expects to have the highest returns among Germany's top three carmakers.

Stocks of sugar companies in India experienced a dip today due to concerns about the future increase in input costs. Balrampur Chini and Shree Renuka Sugars saw their share prices decrease by 2.50% and 3%, respectively, during morning trading on Thursday. This was due to market buzz surrounding potential rising input costs for the sugar industry.

February 22 saw significant developments in business news- Boeing replaced its head of the 737 MAX program after a recent mishap, BuzzFeed sold Complex to NTWRK for $108.6 million, IRS plans to crack down on executives claiming personal jet trips as business expenses, and Biden administration announces measures to strengthen cybersecurity at US ports, leading to increased Coast Guard.

In January, Fed officials expressed caution about cutting interest rates too quickly, citing potential risks to the economy. Some members noted that economic data has surprised positively, indicating a need for further evidence before lowering rates. Markets have adjusted their expectations for rate cuts, with predictions of possible cuts in June and three or four throughout 2024.

Shares of Devyani International Limited fell by nearly 3% to Rs 162.50 in morning trade on February 22, ending a four-day gain streak. Nippon India Mutual Fund acquired a 0.66% stake at an average price of Rs 164, while Yum Restaurants India Private Ltd divested its entire 4.4% stake for Rs 871 crore. The stock has declined 10% in the last three months.

Mazagon Dock Shipbuilders Ltd, a ship-building company, has seen a 180% increase in stock price over the past year. While it faced some selling pressure at record highs, it has found strong support at the 100-day Exponential Moving Average (EMA). Technical indicators and strong fundamentals suggest a potential bounce back towards 2500 levels, with a stop loss set at 2080.

In the 1980s, Japan experienced a stock market bubble where share prices and land values skyrocketed. The frenzy was driven by speculation, with everyone from young office workers to retirees investing in stocks and real estate. However, this led to a mountain of debt that ultimately caused a long period of economic downturn.

Investing can be overwhelming with questions like where to invest, which company is best in a sector, and how much capital to allocate. To simplify, consider your experiences and areas of expertise when making investment decisions. Trust in yourself and seek guidance from a mentor. This approach combines personal preferences with market analysis, helping you align your investments with companies.

On Wednesday, the S&P 500 and Dow Jones gained slightly while Nasdaq fell for the third day as investors anticipated Nvidia's earnings report. After hours, Nvidia shares surged 6% due to strong demand in AI chips, but during the session they fell 2.85%. The Fed released minutes showing concern about cutting rates too soon. Cybersecurity company Palo Alto Networks plummeted 28%.

Real estate is a popular asset class, but high prices have led to the emergence of alternative options like fractional real estate. Despite aggressive promotion by realtors, there is not much demand for it, possibly due to lack of awareness and unfamiliarity. Co-ownership, legal ambiguity, liquidity, exiting, and tax treatment are some challenges associated with fractional real estate.

Today's early morning trade saw space-related stocks surge up to 7% after the Union Cabinet approved an amendment in the Foreign Direct Investment (FDI) policy on Wednesday. The amended policy allows for up to 100% FDI in the space sector, with specific thresholds for different activities. This move aims to attract overseas players and private companies into the space segment.

Domestic equity markets break 6-day rally, ending with steep fall on Wednesday due to profit booking and mixed global cues. Focus on Devyani International stake sale, Home First Finance's new insurance license, Apollo Micro Systems' loan sanction, Brigade Enterprises' joint development agreement, and LTIMindtree signing an MoU to establish Gen AI and Digital Hub in Europe.

ABB India's stock surges to all-time high of Rs 5,373.80 with 'buy' ratings and raised target prices from multiple brokerages. Nomura double-upgraded stock on strong order outlook and margin sustainability. Jefferies also raises target price to Rs 6,115 with expectations of robust revenue growth. UBS issues 'buy' call with target price of Rs 5,380 citing confidence from management on performance.