Share market and trading News

Following Awfis' successful debut, the Indian co-working space market is gaining traction with more IPOs on the horizon. Smartworks and IndiQube Spaces have already followed suit, and WeWork India is expected to launch its IPO soon, aiming to raise ₹4,000 crore. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/dIPux2X

Amazon and Flipkart are updating their systems to help sellers pass on GST rate reduction benefits to customers starting September 22. Amazon stated they are proactively updating systems with revised GST codes for seamless compliance. Flipkart has also asked sellers to revise prices and update tax codes. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FBK3UDL

Indian urban households are predicted to significantly increase online shopping this festive season, driven by recent GST rate reductions on white goods and electronics. A LocalCircles report anticipates a 115% surge in online shoppers, with overall festive spending projected at Rs 2.19 lakh crore. While physical stores remain relevant, convenience and better prices are drawing consumers to e-commerce platforms. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Xv1qrG2

Crisil Ratings anticipates a 5-6% growth in two-wheeler sales this fiscal year, spurred by recent GST rate rationalization. Passenger vehicles are expected to see a more modest 2-3% increase. The GST cut, effective September 22, lowers rates on various vehicles, boosting affordability and coinciding with the festive season, which should drive stronger demand in the automobile sector. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/y2U5xdV

Starlink is actively establishing its terrestrial infrastructure in India, engaging in advanced discussions with data center operators, internet exchange providers, and telecom companies. Having secured necessary clearances and trial bandwidth, Starlink is finalizing ground station locations to connect its satellite network. These strategic tie-ups aim to support large-scale satellite connectivity, positioning Starlink to compete in India's growing satcom market. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/njqwlva

Stock market recommendations: Amidst market volatility, Nifty closed the week positively, facing resistance at 24950-25000. Bank Nifty lagged, trading below key EMAs. SBI Securities' Sudeep Shah recommends accumulating Swiggy, citing a breakout and rising RSI, targeting ₹480. Goldiam International is also favored, having broken a consolidation phase with increased volumes, with a short-term target of ₹470. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7Ch8WLE

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