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 Aam Aadmi Party (AAP) has signalled its intention to contest a couple of seats in the upcoming Maharashtra Assembly elections, slated for November 20. While AAP is part of the opposition’s INDIA bloc, which includes Shiv Sena (UBT), Congress, and NCP (SP) under the Maha Vikas Aghadi (MVA), it may stake claims where it
Imagine receiving an offer from your bank for a personal loan—no lengthy application, no waiting period, and no need for collateral. That’s the appeal of a pre-approved personal loan. Designed for customers with a strong credit profile and reliable repayment history, these loans provide instant access to funds with minimal hassle. However, is accepting one
Zerodha Fund House on March 10 announced the launch of its new scheme Zerodha Silver ETF, an open-ended exchange traded fund tracking domestic prices of physical silver. Zerodha Fund House is an asset management company, a joint venture between Zerodha Broking Ltd and Smallcase Technologies Pvt Ltd. Zerodha Silver ETF subscription dates Zerodha Silver ETF
Paytm has expanded its UPI statement download feature by introducing an Excel format option, enhancing its financial management tools for users. The feature, which was previously limited to PDF downloads, now allows users to retrieve detailed transaction records in an easily analysable format, catering to individual users, accountants, and businesses. From what is understood, the
A rather somber Monday afternoon for the markets. After some initial buying, the indices are in the red with the Nifty slipping below 22,500 and the Sensex declining nearly 200 points pulled lower by banks, cement, capital goods. What’s even more worrying is the sharp cut across the small and midcap space. The BSE Smallcap
Anil Ambani-led Reliance Infrastructure, has been in the spotlight after announcing a merger with its wholly-owned subsidiary, Reliance Velocity. The share price of Reliance Infrastructure saw a strong rally last week, gaining over 12% in just five days. However, in today’s trading session, it took a dip of 2% after rising for three consecutive sessions.
