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Hexagon Nutrition IPO GMP: Here's What Grey Market Premium Signals Ahead Of June 5 Launch

https://ift.tt/C24QfvY Hexagon Nutrition is set to launch an initial public offering (IPO) to raise almost Rs 140 crore from the primary market. The company develops, manufactures, and markets a diversified portfolio of health and wellness products. Ahead of its listing, the grey market premium (GMP) indicated an estimated listing gain of around 22%. The Mumbai-based Hexagon Nutrition is a differentiated and research-oriented pure-play nutrition company offering clinical products, micronutrient premixes, and therapeutic products since 1993 Investors who want to bid for shares in the IPO must check the following details before making an investment call. Hexagon Nutrition IPO GMP Today The latest GMP for the Hexagon Nutrition IPO was Rs 10 on June 4. This means that the unlisted shares of the company were trading at Rs 55 in the private market, a gain of 22.22% over the upper end of the IPO price band, Note: GMP does not represent official data and is based on speculation....

RBI Monetary Policy Highlights: 2-6% Inflation Target Band Sacrosanct For RBI, Says Guv Ma

https://ift.tt/nPdVwkb RBI Monetary Policy Highlights: The Reserve Bank of India's Monetary Policy Committee voted unanimously to keep the benchmark interest rate unchanged at 5.25% and maintained the 'neutral' stance on June 5, opting to look past the rupee weakness and assess the fallout from rising global energy costs on inflation and growth. The rate-setting panel was widely expected to keep the repo rate unchanged at the current level in its second bi-monthly monetary policy review for the new fiscal 2026-27 (FY27). RBI Governor Sanjay Malhotra said the six-member MPC had undertaken a detailed assessment of evolving macroeconomic and financial conditions before voting unanimously to leave the benchmark rates unchanged. Guv Malhotra said the MPC acknowledged higher energy prices and global supply constraints were having "adverse spillovers" on economic activity, but that domestic demand remained "resilient". The RBI panel hiked the FY27 CPI inflati...

India's Big Move To Attract Foreign Investment Amid Iran War: Sources

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https://ift.tt/S0OoMx8 The central government has taken a major step to promote foreign capital inflows into the country and mitigate the adverse effects of the Iran war on the economy, according to sources. The Union Cabinet, led by Prime Minister Narendra Modi, has reportedly approved an ordinance amending the Income Tax Act. The ordinance, as per sources, will completely eliminate capital gains tax on investments made by foreign portfolio investors (FPIs) in Indian government securities (G-secs). It will be implemented after Presidential approval. Currently, foreign investors pay a 12.5 per cent long-term capital gains (LTCG) tax on bonds and listed shares held for more than 12 months. In addition, they also pay a 20 per cent withholding tax on interest earned on government bonds.  Follow Markets Live Updates Significantly, the government eliminated the 5 per cent concessional rate on this in 2023. However, this year, foreign investors have pulled out a massive Rs 2.5 lakh...

Kohli "Doesn't Want The Life He Lives In India": Ex-Teammate Explains Why

https://ift.tt/pLbKAGg The camera is always on Virat Kohli . From a small gesture towards his teammate to an aggressive celebration when a rival batter gets out, Kohli's every act is always under the gaze of the lens. It does not stop there - at airports, in hotel lobbies, on the streets, inside restaurants - there is rarely a time when Kohli is not followed. The celebrity status that superstars like Kohli have comes with its share of burden. Kohli's ex-teammate at Royal Challengers Bengaluru (RCB), Liam Livingstone , who currently plays for Sunrisers Hyderabad in the IPL, shared his opinion on Kohli's tryst with fame. "What's he like in the dressing room?" Michael Vaughan asked England star Liam Livingstone in a podcast . "He was amazing. I'd always played against Virat, and he's always laughing," Livingstone said. "If you want to have a go at someone, he'll have a go back at you. But on the field, he's ultra-competitive....

Nifty, Sensex Down 1%, All Sectors In Red: Three Reasons Why Market Is Falling

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https://ift.tt/46k8Qnr Domestic equities are trading lower on Wednesday, tracking weak global cues, and lingering geopolitical tensions. Benchmark indices are in the negative territory, with selling pressure visible across sectors.  Nifty fell as much as 1.41% to 23,151, whereas Sensex fell 1.55% to 73,492.6 intraday. At 1:38 pm, Nifty is down 0.59% at 23,344.4, and Sensex is down 0.67% at 74,150.22.. The pressure comes on the back of gaining crude prices, and volatile IT stocks.  All sectors were trading in the red, with losses led by IT, which remained 3.61% down during early trade, followed by Realty, Media, and PSU Bank. The broader market is also facing pressure with the Nifty Smallcap 250 falling almost 0.54%, and the Nifty Midcap 150 dropping about 0.74%. Here's three reasons why markets are crashing on Wednesday: US-Iran War Uncertainty On June 3, US Central Command said U.S. forces defeated multiple Iranian ballistic missiles and drones ami...

Sooryavanshi Not Greatest Ever MVP In A Season, IPL Experts Explain Why

https://ift.tt/x2w7IP0 IPL experts Ambati Rayudu , Aaron Finch, and Tom Moody thoroughly enjoyed Vaibhav Sooryavanshi's blitz in the 2026 season but still refused to give his performance the status of the MVP (Most Valuable Player). The 15-year-old batter left everyone spell-bound with his powerful performance, amassing 776 runs in 16 matches for Rajasthan Royals. Apart from being the leading run-scorer of the tournament, Sooryavanshi also bagged sveral awards, including the most number of sixes (72). While the Bihar-born batters continues to receives heartfelt praises from all over the world, IPL experts still rated Sunil Narine 's performance Kolkata Knight Riders in 2024 as the greatest.  The former West Indies all-rounder was at his absolute best in the 2024 season, scoring 488 runs at a strike rate of 181 and also scalped 17 wickets, playing a pivotal in KKR's third title win. Speaking on ESPNCricinfo, the experts trio acknowledged Sooryavanshi's extraordinary...

Anushka Kisses Virat In Loved-Up Pic After RCB Win, Post Hits 2M Likes

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https://ift.tt/SzvhlXq For the second time in a row, Royal Challengers Bengaluru (RCB) lifted the IPL trophy, beating the Gujarat Titans (GT) by five wickets on Sunday night. It was Virat Kohli who opened the innings and stayed at the crease till the very end, remaining unbeaten on 75 as RCB secured the win. Actress and proud wife Anushka Sharma later shared a picture with the batter. In the post, Anushka is seen planting a sweet kiss on Virat's forehead. She is wearing a white shirt and a pair of blue jeans, and the couple are seen holding the trophy together. See the post here: View this post on Instagram A post shared by AnushkaSharma1588 (@anushkasharma) About Anushka's previous post Soon after the victory, Anushka Sharma shared an inside picture of Kohli on her Instagram Story. In the image, Kohli is seen wearing a T-shirt that reads, "One felt nice, we did it twice." Karthik is pointing at the capt...