The National Stock Exchange of India (NSE) has increased the lot sizes for its five index derivatives contracts–Nifty, Nifty Bank, Nifty Financial Services, Nifty Midcap Select and Nifty Next50, in accordance with the Securities and Exchange Board of India’s (Sebi’s) latest futures and options (F&O) regulations. The lot size for Nifty 50 will see a
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
Do you want a mutual fund scheme that gives you regular income along with investment? If yes, then dividend yield mutual funds can be the right choice for you. These funds invest in companies that give a part of their profits to investors in the form of dividends. That is, you get not only capital
The brokerage firm, Nuvama Institutional Equities, slashed the target price on BSE by almost 30% to Rs 5,160 from Rs 7,250. The cut in target price came after NSE shifted its index option expiry day to Monday from Thursday, a day ahead of Sensex’s index option expiry. It also cut the net profit estimates by
Zee Entertainment Enterprises (ZEEL) is back in the spotlight after its promoters increased their stake in the company. According to the brokerage, Nuvama, the company’s subscription revenue continues to rise steadily, while advertisement revenue is expected to recover in the coming quarters. The brokerage has maintained a ‘Buy’ rating for the stock. Let’s break it
The markets ended on a negative note with the the Nifty closing below 22,500 but that it’s not all doom and gloom, While the pain continues in the mid and small caps continue, there are select stocks with attractive valuations at the moment. Nuvama Institutional Equities has listed out three stocks that offer significant upside
India’s real estate landscape is constantly evolving, and this transformation has accelerated in recent years. With growing interest in luxury living and shifting priorities post-pandemic, homebuyers are increasingly drawn to sustainable lifestyles, spacious designs, and premium amenities under one roof. Trust in new projects is rising significantly, thanks to stricter regulatory oversight by state RERA
