The Sat Kartar Shopping IPO allotment status will be available soon, with listing scheduled for January 17, 2024, on the NSE SME. Investors can check the status online through the registrar's website or the NSE website. The IPO's grey market premium stands at +₹60, indicating a likely listing at ₹141, a 74.07% premium over the issue price.

Shares of Trent rallied 5% on Wednesday, January 15, after domestic brokerage Elara Securities initiated a 'buy' rating on the Tata-owned retail major. The brokerage eyes a potential upside of 38 per cent in the next 13 months at a target price of ₹8,500. Trent, a subsidiary of the Tata Group, is a leading player in India's retail industry and manages well-known brands, Zudio and Westside.

✅ Amid positive global cues, benchmark indices closed on a positive note today. 📢 At 3:30 PM, the Sensex improved by 224.45 points or 0.29% at 76,724.08, and the Nifty was up 37.15 points or 0.16% at 23,213.20. 📊Among sectoral, Nifty Infra (⬆️0.97%) turned out to be the best performer while Nifty Pharma (⬇️1.04%) saw considerable selling.

Trent shares gained as much 4.89 percent on January 15 at Rs 6,519 apiece, following Elara Securities' "Buy" recommendation on the  stock. Follow for more live updates. Elara Securities has initiated coverage on Trent with a "Buy" rating and a target price of Rs 8,500. The brokerage expects Trent to maintain industry-leading metrics due to differentiated product offerings,.

Q3 Results Preview: Axis Bank is set to announce its earnings for the third quarter of FY25 tomorrow, January 16. The private sector lender is likely to witness a single-digit growth in its net profit and interest income along with a minor drop in net interest margins. Axis Bank share price was trading more than 2% lower on Wednesday, a day ahead of its Q3 results announcement.

Anushka Sharma and Virat Kohli, one of Bollywood's most beloved couples, are currently in India, spending quality time with their families. Recently, they were spotted frequently near the Gateway of India, catching ferries to their new home in Alibaug. The couple’s housewarming ceremony, or Griha Pravesh, is making headlines, with a video of the preparations going viral on social media.

India's merchandise trade deficit widened to $21.94 billion in December 2024 from the same time last year, data released on January 15 showed. While merchandise exports fell nearly 1 percent in December 2024, goods imports increased 4.9 percent. The trade deficit was $18.76 billion in December 2023.

Axis Bank shares fell over 3% to a low 1,014.65 on the NSE on Wednesday amid a block deal where 33.2 lakh shares are reported to have changed hands. ETNow reported about the block deal. Details of the buyers and sellers were not known immediately. The action in Axis Bank stock was accompanied with strong volumes as 92 lakh shares were trading on the NSE around 2 pm.

Rikhav Securities IPO began accepting subscriptions on Wednesday, January 15, and will remain open until Friday, January 17. Rikhav Securities IPO price band has been set between ₹82 and ₹86 per equity share, with a face value of ₹5 each. Investors can place bids for a minimum of 1,600 equity shares, with additional bids in multiples of 1,600 shares thereafter.

Shares of Kalyan Jewellers India Ltd., the Thrissur, Kerala-based Jewellery maker, are locked in a lower circuit of 10% on Wednesday, January 15. With today's move, the stock has crashed 32% in the last nine trading sessions. The stock has been on a losing spree even after the company's December quarter business update showed continued outperformance on growth.

Shares of Nazara Technologies, a leading diversified gaming and sports media company, climbed 4% in intraday trade on Wednesday, January 15 to ₹938. Notably, the stock recovered 6% from the day’s low after the company announced that its subsidiary, Fusebox Games, partnered with Banijay Rights to bring Bigg Boss to the world of interactive gaming.

Thailand eyes spot Bitcoin ETF approval as the SEC considers allowing local listings for retail and institutional investors. Thailand is considering allowing spot Bitcoin exchange-traded funds (ETFs) to list on local exchanges for the first time, according to the country’s Securities and Exchange Commission (SEC).

Shares of automotive components maker Minda Corporation Ltd surged 5.5% on Wednesday, January 15, after the company announced that its board approved the acquisition of a 49% equity stake in Flash Electronics (India) Private Limited for ₹1,372 crore. The acquisition involves the purchase of 2,55,40,578 equity shares, valued at ₹537.18 per share, amounting to a total investment of ₹1,372 crore.

After joining the 30-pack Sensex last December, food delivery giant Zomato might soon enter another major league: the NSE Nifty 50! And it’s not alone. Reliance Industries’ newly spun-off financial arm, Jio Financial Services, might also make its debut on this benchmark index!. The exclusion of BPCL and Britannia could lead to outflows of $212 million and $229 million.

Ace investors Dolly Khanna and Mukul Agrawal booked profits in J Kumar Infraprojects during the December quarter, suggesting a bearish outlook on the stock amid market volatility. Khanna's stake is no longer disclosed, while Agrawal's stake decreased to 2.61% from 2.64%. The stock has gained 22% over the last year, despite the investors' bearish sentiment.