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Groww plans to launch its 7,000-crore Initial Public Offering in early November. The fintech firm, backed by Microsoft CEO Satya Nadella, aims for an $8 billion valuation. The IPO will include a fresh issue and an offer for sale by existing investors. This comes as the stock broking industry faces regulatory pressures.
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News and Media
Kotak Mutual Fund has stopped new lump sum investments in its Silver ETF Fund of Fund. This is because domestic silver prices are much higher than international rates. The fund house wants to protect investors from buying silver at these inflated prices. The shortage in domestic silver supply is expected to continue until late 2025.
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News and Media
Domestic silver ETFs saw their strongest single-day gains in 2025. This surge was driven by rising silver prices and a shortage of physical silver. Market makers struggled to create new ETF units, leading to significant price spikes. Demand for silver is increasing due to industrial use and investor interest. Prices are expected to stabilize as supply constraints ease.
Category:
News and Media
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