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Tata Capital IPO: GMP crashes to just 3% – why is grey market premium down despite favourable brokerages outlook?

Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…

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LG Electronics India IPO opens today: Should you subscribe? Check GMP, price band & what brokerages have to say

LG Electronics India IPO: Experts consider the issue reasonably priced in comparison to industry competitors. (AI image) LG Electronics India IPO: South Korean electronics major LG Electronics India’s Rs 11,607 crore initial public offering (IPO) has opened for subscription on Tuesday, garnering robust analyst support and a substantial grey market premium (GMP) of 24%, indicating…

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‘Mine baby mine’: Trump approves Alaska mining road to boost copper, zinc production; aims to counter China in AI race

US President Donald Trump on Monday approved plans to build a 211-mile road through remote parts of Alaska to open up access to valuable mineral deposits, including copper, cobalt and gold.The Ambler Road project, located north of Fairbanks, had first been cleared during Trump’s earlier term in office, however, the Biden administration later halted it,…

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Asian stocks today: Markets trade mostly in green; Nikkei jumps over 200 points, Kospi adds 2.7%

Asian stocks mostly rose on Tuesday, though trading was quiet due to holiday closures in some markets. Japan’s Nikkei 225 hit a new record, lifted by optimism over possible government spending and tax cuts under the country’s soon-to-be first female prime minister.The Nikkei was trading up 0.3% to 48,098, following a nearly 5% surge on…

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