Bharat Coking Coal Limited IPO day 1: BCCL offer subscribed fully within minutes! Check price band, GMP, valuation & more

Bharat Coking Coal Ltd’s initial public offering (IPO) saw strong demand from investors from the moment bidding opened on Friday, with the issue getting fully subscribed within minutes. According to NSE data till 11:15 am, bids were received for 84,15,46,800 shares, far exceeding the 34,69,46,500 shares on offer, resulting in an overall subscription of 2.43…

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Expert’s view: Budget 2026 should usher in simplification and provide tax certainty

Dinesh Kanabar, Chairman & CEO, Dhruva Advisors The Income-tax Act, 2025, which is slated to come into force from 1 April 2026, is the product of an extensive consultative exercise, involving a Parliamentary Committee, wide-ranging stakeholder representations, and detailed deliberations before its eventual enactment. Against this backdrop, it would ordinarily be expected that the forthcoming…

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Gold price prediction: What’s the gold outlook for January 9, 2025? Why you should ‘sell on rise’

The intraday setup favors a sell-on-rise approach in the ₹1,37,800–₹1,38,000 range. (AI image) Gold price prediction today: Gold price rally appears to be losing steam for now, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold February futures on MCX are trading near ₹1,37,800 after a sharp pullback from higher levels. The…

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Buying $200 bn worth of bonds! Trump’s new push to bring ‘mortgage rates down’ — How will it impact Americans?

US President Donald Trump has announced plans for the federal government to purchase $200 billion worth of mortgage bonds, saying the move will help bring down mortgage rates as concerns over housing affordability continue to weigh down Americans.In a post on social media on Thursday, Trump said the funds would come from Fannie Mae and…

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BofA gets Sebi notice for sharing confidential info

MUMBAI: Markets regulator Sebi has sent a notice to Bank of America’s India arm over a 2024 matter when its investment banking team had shared privileged, confidential information about a share sale deal in Aditya Birla Sunlife AMC with other arms of the bank. Sharing of such information is in violation of Sebi’s rules. BofA…

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