Garnet Construction Ltd News
Sensex sheds 1.4% amid heavy FPI selling; Nifty settles at 23,086
The Sensex ended the session at 76,330, a decline of 1,049 points or 1.4 per cent, while the Nifty closed at 23,086, down 346 points or 1.5 per cent
 "Sensex sheds 1.4% amid heavy FPI selling; Nifty settles at 23,086")
Budget key trigger for life insurance companies' stocks in near term
Premium growth may be volatile for the rest of FY25 due to surrender value regulations
 "Budget key trigger for life insurance companies' stocks in near term")
Upcoming IPO! Vidya Wires files draft papers with market regulator Sebi
Pantomath Capital Advisors, and IDBI Capital Markets & Securities are the Book Running Lead Managers to the issue, while MUFG Intime India (formerly known as Link Intime India) serves as the registrar
 "Upcoming IPO! Vidya Wires files draft papers with market regulator Sebi")
Laxmi Dental IPO receives 5.28 times subscription on first day of bidding
The initial share sale received bids for 4,73,96,250 shares against 89,70,371 shares on offer, translating into 5.28 times subscription
 "Laxmi Dental IPO receives 5.28 times subscription on first day of bidding")
Standard Glass Lining Tech shares make decent debut, list at 26% premium
Standard Glass Lining shares listed at Rs 176 apiece on the BSE, reflecting a premium of Rs 36 or 25.7 per cent against the issue price of Rs 140
 "Standard Glass Lining Tech shares make decent debut, list at 26% premium")
Sebi gives nod to JSW Cement's Rs 4,000 cr IPO after 4-month hold-up
The cement making arm of the steel-to-energy JSW group filed for an IPO worth up to Rs 4,000 crore ($461.46 million) in September, aiming to capitalise on the country's booming stock market
 "Sebi gives nod to JSW Cement's Rs 4,000 cr IPO after 4-month hold-up")
Fintech firm Groww eyes IPO in 2025, seeks $6-8 billion valuation
The company, which is the largest broker and also the biggest mutual fund (MF) distributor, plans to raise around $700 million (around Rs 6,000 crore)
 "Fintech firm Groww eyes IPO in 2025, seeks $6-8 billion valuation")
Mapping the fall: Rupee depreciation unlikely to trigger sustained selloff
The rupee declined by 3.1 per cent since September, and Indian equity benchmarks Nifty and Sensex fell by 8.5 and 7.3 per cent, respectively, during the same period
 "Mapping the fall: Rupee depreciation unlikely to trigger sustained selloff")
Risk-reward balance poor despite the recent correction, says report
"Retail investors may show some of their usual chutzpah and buy stocks aggressively, buying on dips has been the common mantra so far, but that would be comical," the note said
 "Risk-reward balance poor despite the recent correction, says report")
Economy strong but equities face near-term challenges: ICICI Pru MF
The recent correction in the equity market, according to the asset manager, has eased multiples to an extent but valuations still remain high, especially in the midcap and smallcap space
 "Economy strong but equities face near-term challenges: ICICI Pru MF")
