The buzz in the primary market continues. The big bang Hyundai IPO listing is on October 22. That apart companies are looking to raise around Rs 11,000 crore and the key IPOs in focus this week include Waree Energies and Shaporji Pallonji Group’s Afcon Infrastructure IPO. There will be a total of four IPOs in
Despite a 4% correction in the market this month, Vetri Subramaniam, chief investment officer, UTI AMC believes this is not a time to take more risk. He tells Vivek Kumar M that earnings estimates for FY25 could go awry if the September quarter numbers continue to be below expectations. Excerpts: Markets have corrected by around
The much-anticipated initial public offering (IPO) of Waaree Energies Limited is set to open for subscription on 21st October 2024 and will remain available until 23rd October 2024. Investors can subscribe to the shares of the company within this three-day window, with the IPO price band set between Rs 1,427 and Rs 1,503 per equity
KRN Heat Exchanger The company listed on October 03 made a stellar Dalal Street debut. The stock was listed at Rs 480 on NSE, a premium of 118% over the issue price of Rs 220 per equity share. The IPO was one of the most searched on Google, according to Google Trends data. Also, the
Go to Live UpdatesHyundai Motor IPO India Subscription Status Today Live Updates: The Hyundai Motor IPO will be listing on the bourses on October 22. The company’s shares were attracting a premium of almost 4% in the unofficial market against a discount a few days ago. The issue was subscribed 2.37 times overall by the
The BJP unveiled its first list of 66 candidates for the upcoming Jharkhand assembly elections on Saturday. The party has fielded its state president, Babulal Marandi, from Dhanwar, and former Chief Minister Champai Soren from Saraikela. Among the notable names is Sita Soren, the sister-in-law of Chief Minister Hemant Soren and JMM leader, who has
Jharkhand Chief Minister Hemant Soren announced Saturday that partners in the INDIA bloc will contest the upcoming assembly polls together, with the Congress and the Jharkhand Mukti Morcha (JMM) set to field candidates in 70 of the 81 seats. Soren stated that seat-sharing discussions with alliance partners, including the RJD and Left parties, are ongoing
Bharatiya Janata Party leader Pratul Shah Deo expressed confidence in the party’s success in the upcoming Jharkhand assembly elections, stating that the NDA is in its “strongest” position following the announcement of the seat-sharing agreement. The BJP is all set to contest 68 seats in the upcoming Jharkhand assembly elections, which have a total of
The Union Budget 2025 has emerged as a game-changer for homebuyers, offering multiple tax benefits and incentives. From easing taxation policies to boosting affordable housing, the government’s initiatives are set to have a lasting impact on the real estate sector and homebuyers. Be it tax reforms under the new tax regime or exempting second property
Equity markets slipped into negative territory on Monday, with key indices closing lower. The BSE Sensex ended the session in red, shedding 319.22 points or 0.41%, to settle at 77,186.74. Meanwhile, the NSE Nifty 50 declined by 121.10 points, a 0.52% drop, closing at 23,361.05. The Nifty Bank index also faced selling pressure, closing at
Dr Agarwal’s Healthcare, recently concluded its IPO. The company’s public issue, which opened for bidding on January 29, closed on January 31, with a price band set between the range of Rs 382 to Rs 402 per share. The allotment status is likely to be finalised on today, February 3. Those who get allotted shares
The global cryptocurrency market experienced a significant downturn on Monday morning, shedding nearly $500 billion in market capitalization since late Saturday evening. The global crypto m-cap plummeted around 14 per cent from $3.49 trillion to $3 trillion, according to the data from Coinmarketcap.com The decline followed U.S. President Donald Trump’s announcement of substantial tariffs on
8th Pay Commission: Central government employees and pensioners were hoping that FM Nirmala Sitharaman in her Union Budget 2025 speech would announce the roadmap for the new pay commission and an outlay to implement their recommendations for revising salary and pension for over 1.2 crore central staff. Expectations were also high because the Modi government
