Business

25

Jun

By The Press Editor

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Business

CSM Technologies IPO booked 54% so far on Day 2, check latest GMP and other details | Markets

Mumbai: The initial public offer of IT solutions provider CSM Technologies has been subscribed to 54 per cent so far on the second day of the share sale on Thursday, June 25, 2026. According to data from the National Stock Exchange (NSE), the public received bids for 60,04,680 shares against 1,11,30,880 shares on offer. The portion for Non-Institutional Investors received a 99 per cent subscription, while Retail Individual Investors (RIIs) subscribed for 70 per cent. The Qualified Institutional Buyers (QIBs) category saw muted participation, with 19 per cent subscribed at the time of writing the report. CSM Technologies IPO Price…

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25

Jun

By The Press Editor

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Business

Markets pare intraday gains amid profit booking but end in green, Indigo jumps 4.82% | Markets

Mumbai: Benchmark stock indices Sensex and Nifty pared intraday gains on Thursday, June 25, 2026, amid profit booking as investors remained cautious amid mixed global signals. The 30-share BSE Sensex gained 109.25 points or 0.14 per cent to settle at 77,100.47. During the day, the benchmark hit a high of 77,803.18 and a low of 76,993.16, gyrating 810.02 points. The 50-share NSE Nifty added 34.35 points or 0.14 per cent to settle at 24,056. However, the broader market witnessed heavy selling pressure. While the BSE MidCap Select Index fell 98.86 per cent, the BSE SmallCap Select Index dropped 0.37 per cent…

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25

Jun

By The Press Editor

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Business

Amazon CEO Andy Jassy meets PM Modi, shares plans to invest $48 billion in India in coming 5 years | Business

New Delhi: Amazon chief executive officer (CEO) Andy Jassy is on a visit to India and met Prime Minister Narendra Modi in New Delhi today. During his meeting, he announced plans to invest over USD 48 billion in India over the next five years. Emphasising that Amazon is committed to being a long-term partner in India’s growth story, Jassy said that they are inspired by Prime Minister Modi’s vision of a 'Viksit and Atmanirbhar Bharat'. He also thanked PM Modi for his leadership and highlighted the growing importance of India, where Amazon operates several businesses, including e-commerce, AI, cloud, and…

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25

Jun

By The Press Editor

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Business

Gold price hovers near eight-month low, silver drops to Rs 2.10 lakh per kg on MCX | Check city-wise rates

MCX Gold opened with a gap down but is holding above the Rs 1,40,000 mark, reflecting a negative undertone amid ongoing volatility. 

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25

Jun

By The Press Editor

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Business

Rajesh Exports share price: Stock continues to fall after ED searches multiple premises, hits lower circuit | Markets

Mumbai: Shares of gold refiner and jewellery exporter Rajesh Exports are under pressure and hit a lower circuit for the second consecutive day on Thursday, June 25, 2026, after the Enforcement Directorate conducted searches at multiple premises linked to the firm. The stock fell 4.96 per cent to hit the lower circuit limit of Rs 97.75 on the BSE. The market cap of the company dropped to Rs 2,886.17 crore. At the National Stock Exchange (NSE), the stock tumbled 4.99 per cent to Rs 97.02. The fall in share price began yesterday and comes after a strong gain in the…

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25

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex extends positive momentum, Nifty above 24,100 amid firm global cues | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, extended the positive momentum from the previous session, started the trading session in the green on June 25, 2026, amid firm cues from international markets and a sharp decline in global crude oil prices. While the 30-share BSE Sensex jumped 399.85 points or 0.51 per cent to start the session at 77,391.07, the Nifty gained 104.2 points to open at 24,125.85. In the last trading session, the Sensex closed at 76,991.22 and the Nifty 50 at 24,021.65. Similarly, the broader indices traded in the green in the opening session. While the…

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25

Jun

By The Press Editor

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Business

Stock Market Holiday For Muharram: BSE, NSE, to remain shut for three days, trading to resume on June 29 | Markets

Mumbai: This will be a curtailed week for stock market trading, as the country's major stock exchanges, the National Stock Exchange (NSE) and the BSE, will remain closed on June 26, 2026. The BSE and NSE will be closed on the occasion of Muharram. As the markets will remain closed for Saturday and Sunday following this holiday, there will be no trading for a total of three days. Regular trading in the stock market will resume on Monday, June 29, 2026. After this holiday, there will be no stock market holidays for the next two months, i.e., July and August.…

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24

Jun

By The Press Editor

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Business

New Homebuyer Mindset: Does lifestyle ecosystems matter as much as your apartment? Find out | Markets

New Delhi: The idea of home has evolved significantly over the years. Earlier, homebuyers were largely focused on practical considerations such as apartment size, pricing, and possession timelines. While these factors still matter, the conversation today has become far more lifestyle-driven. Buyers are now paying close attention to what exists beyond the four walls of a home - the connectivity of the location, the presence of retail and entertainment hubs, access to green spaces, and the overall sense of community a neighbourhood can offer. Particularly across emerging NCR markets like Greater Noida and Faridabad, people are increasingly choosing environments that…

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24

Jun

By The Press Editor

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Business

Ethanol blending programme safe, E20 fuel won’t affect insurance of vehicles: Government | Markets

New Delhi: India's ethanol blending programme remains safe, consumer-friendly, and economically beneficial, the Ministry of Petroleum and Natural Gas said, dismissing concerns that the use of ethanol-blended petrol (EBP), including E20 fuel, could affect the validity of vehicle insurance policies. The ministry said claims linking E20 fuel use to insurance invalidation had been clarified with relevant stakeholders and were found to be incorrect. The statement comes amid growing concerns and misinformation circulating on social media regarding the impact of ethanol-blended fuels on vehicle performance and safety. "Ethanol blending is a globally accepted practice and is successfully implemented in several countries,…

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24

Jun

By The Press Editor

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Business

Waterways Leisure Tourism IPO Day 2: Check subscription status and today’s GMP here | Markets

Mumbai: The initial public offer (IPO) of Waterways Leisure Tourism Ltd has received 50 per cent subscription on the second day of the share sale, i.e. on Wednesday, at the time of writing the report. According to data available on the National Stock Exchange (NSE), the public issue got bids for 20,94,318 shares against 41,84,004 shares on offer. The data show that retail investors received 2.29 times the subscription, while the non-institutional investor quota was subscribed to at 31 per cent. Waterways Leisure Tourism raised Rs 263.25 crore from anchor investors on Monday. The company has fixed a price band…

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