ET Markets, Author at StockFame

Oil prices surged for a fifth consecutive day, fueled by escalating Middle East tensions. Iran’s actions in the Strait of Hormuz and reports of air defense engagement have heightened concerns. Analysts predict further price hikes if U.S.-Iran negotiations...

Mehul Telecom shares to list today. Here’s what GMP signals ahead of debut

by ET Markets | April 24, 2026 8:05 am | Indian Stocks, Market, News

Mehul Telecom’s IPO, despite a 45-fold subscription, shows a muted grey market premium of around 4%. Investors anticipate modest listing gains for the mobile retail chain, which operates primarily in Gujarat. While the company has seen revenue growth, thin...

PropShare Celestia REIT IPO shares to list today. Check GMP ahead of debut

by ET Markets | April 24, 2026 8:04 am | Indian Stocks, Market, News

Property Share Investment Trust’s PropShare Celestia REIT is facing a flat listing. The small and medium REIT issue saw muted subscription. Demand came from non-institutional investors. Institutional participation was weak. The offering provides exposure to...

Global Market Today: Asian stocks drop as Iran talks stall, oil gains

by ET Markets | April 24, 2026 7:10 am | Indian Stocks, Market, News

Asian equities opened lower as US-Iran talks showed little progress in de-escalating the Middle East conflict, keeping the Strait of Hormuz effectively closed. Oil prices rose as geopolitical risks intensified, with Brent crude climbing to $106.20 a barrel. Investors...

RBI a net buyer of US dollars in February

by ET Markets | April 24, 2026 7:09 am | Indian Stocks, Market, News

The Reserve Bank of India became a net buyer of $7.4 billion in February, a shift from January’s net sales. This likely benefited from a stronger rupee after the India-US trade deal announcement. The real effective exchange rate (REER) for the rupee decreased in...

SP Group to raise Rs 25,400 crore via bonds, loans

by ET Markets | April 24, 2026 7:07 am | Indian Stocks, Market, News

Shapoorji Pallonji Group is nearing the closure of a ₹25,400 crore debt raise by May 15, featuring annual coupons around 18.75%. This fundraising, part of Project Ascent, will utilize USD bonds and bespoke loans to refinance existing debt, including bonds secured...

Yuan to top Yen in currency options trading: LCH

by ET Markets | April 24, 2026 7:06 am | Indian Stocks, Market, News

The yuan is poised to surpass the yen as the second-most traded currency against the dollar in foreign-exchange options, according to LCH. This shift, expected by 2028, reflects growing yuan internationalization and market demand for currency diversification beyond...

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