Ira Alok Puranik
Senior Writer
Having formerly worked as a business journalist with The Economic Times, News18, Money9 (TV9), and Moneycontrol, Ira Alok Puranik has been working on personal finance, mutual funds, and the stock markets for the last 4 years. An alum of AJK MCRC, Jamia Millia Islamia, and DU, she is also a 2022 Tow-Knight fellow of Craig Newmark Graduate School of Journalism, City University of New York.
Latest Stories from Ira Alok Puranik
3 mins read
Deepak Builders & Engineers IPO closes for subscription tomorrow. Here's all you need to know
Retail investors can bid for a minimum of 1 lot, which consists of 73 shares. The minimum required …
2 mins read
Carnage on D-Street as Sensex and Nifty tumble by over 1%, investors lose Rs 13 lakh crore in 2 days
Both midcap and smallcap indices also witnessed significant bloodshed, with midcap 50 falling by 2.…
3 mins read
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
2 mins read
Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25
Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…
3 mins read
Waaree Energies Limited opens for subscription today. Should you invest?
The company, which operates 4 manufacturing facilities in Gujarat, India, commenced operations in 2…
2 mins read
Hyundai Motor India to list tomorrow, GMP enters green territory
Remember that GMPs are only indicative and not concrete indicators of the stock's performance on th…
2 mins read
Billionaire broker Nikhil Kamath buys home, leaves internet debating on renting vs. owning a house
Kamath, who has a net worth of $3.1 billion, acknowledged that a lack of control over one's living …
2 mins read
Real estate continues to dominate India's investment portfolios, shows FICCI report
Even for millennials, buying a house featured at the top of their priorities. 66% of millennials &…
3 mins read
Facing vehicle damage during heavy rains? Here's how motor insurance can come to your rescue
During heavy rains, the first in line of damage is your vehicle's engine, repairing which could cos…
2 mins read
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
2 mins read
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
2 mins read
Exodus of foreign investors from Indian markets continues unabated in October. But DIIs are holding the fort steady
Between January and October 2024, foreign investors have invested a net of 1,87,298 crore in India.…
2 mins read
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…
2 mins read
Why "buying the dip" is not always good advice, and the right time to start is now
A recent report by PGIM India Mutual Fund suggests that buying the dip might not always yield great…
5 mins read
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
6 mins read
Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …
3 mins read
Attention! Here's what is changing with your shares, starting November 11,2024
Going ahead, the CC will directly credit the securities to your account, eliminating the broker's r…
6 mins read
Ahead of its mega IPO, why is Hyundai Motor India's GMP tanking?
Generally, a higher GMP is seen as a positive sign, indicating that there is increased demand and…
3 mins read
Upcoming IPO aimed to Indianize operations, says Hyundai Motors
Hyundai has set a price band of Rs 1,865-1,960 per share for the IPO, taking the company's valuatio…
3 mins read
The newest fad in mutual fund multiverse: Sectoral Funds. Here's why you should not over-invest in them
Between April and June 2024, equity mutual funds saw a total inflow of Rs 94,222.27 crore, out of w…
2 mins read
Heavy rains to lash across the country between Oct 12-16, here's how you can insure your home from rain's fury
It's no secret that incessant rains also bring about significant economic damages. Per media report…
7 mins read
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
2 mins read
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
4 mins read
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…