Go to Live UpdatesWaaree Energies IPO Listing 2024 Live: The Waaree Energies IPO is showing a robust gray market premium (GMP) ahead of its listing on October 28. The IPO has been oversubscribed nearly 80 times, with investors able to check their allotment status on the registrar’s website. Waaree Energies aimed to raise Rs 4,321.44
With gold priced at Rs 78,490/10 gm, and GenZs preferring lightweight jewellery, demand for low-carat gold is booming. No wonder, the government recently notified that 9-carat gold jewellery will also be hallmarked by end of the year. Major players like Malabar Gold and Diamonds, Kalyan Jewellers, Mia by Tanishq and others are betting on lightweight
The Waaree Energies IPO is seeing brisk interest amongst investors ahead of its listing on October 28. Not only has the issue been subscribed 79.44 times, the GMP has risen to a whopping 100% plus. The question therefore is what’s that x-factor that’s keeping investor interest intact in this counter? Siddhartha Khemka, Senior. Group VP
Broking firm Angel One on Friday settled with the Securities and Exchange Board of India (Sebi) by paying Rs 57.46 crore for multiple alleged violations of regulations. The panel of whole time members of Sebi approved the recommended amount on October 15, and was received by the regulator on October 23, “without admitting or denying
For Samvat 2081, the focus of investors should shift to capital preservation rather than chasing high returns, especially in the mid-cap space. As volatility is expected to persist in the year ahead, hybrid funds such as multi-asset allocation funds will be a suitable option for those seeking stability. Stagger bets in mid-caps In Samvat 2080
After gaining over Rs 87 lakh crore in the first half of the financial year, stock market investors have seen their wealth erode by 43% or Rs 37 lakh crore in October – the worst in a single month. Before this, the worst-ever monthly market cap loss was in March 2020, when the panic over
The Securities and Exchange Board of India (Sebi) on Friday levied penalties totalling Rs 16 lakh on Edelweiss Asset Management, its CEO Radhika Gupta and fund manager Trideep Bhattacharya for violating mutual fund rules. The regulator has imposed a penalty of Rs 8 lakh on Edelweiss Asset Management and Rs 4 lakh each on Gupta
Are Indian markets open on Diwali day? The answer is yes Muhurat trading will be undertaken by both NSE and BSE. Know details of trade timing and its significance. Diwali Muhurat Trading 2024: Like every year, the Indian stock markets will have a special trading session on Diwali day. The exchanges will conduct a special
Adani Ports And Special Economic Zone Ltd (APSEZ) on Wednesday released its business update for the month of March wherein it announced that the company has handled 41.5 MMT cargo volume during the period. This, it added, was up 9 per cent on a year-on-year basis and is also the highest ever cargo volume posted
The brokerage firm HSBC Global Research has identified three leading credit car providers, HDFC Bank, SBI Cards, and ICICI Bank as the frontrunners and its top picks from this segment. According to the brokerage, with a strong grip on market share and steady growth in card spending, these financial giants continue to dominate, while smaller
Swiggy’s share price opened Wednesday’s trade 1% lower at Rs 328.80 but soon surged to trade in the green. It was up 1.3% at Rs 336.45. On April 01, The company received a tax order of Rs 158 crore after the stock markets closed. The order from the Income Tax Department, Central Circle, Bangalore alleged
Indian equity indices opened Wednesday’s trading session on a higher note, taking note from Asian and US markets. The NSE Nifty 50 opened 45 points, or 0.19%, higher at 23,210, while the BSE Sensex rose 177 points, or 0.23%, to open at 76,201. Bank Nifty opened 230 points or 0.45% higher at 51,037.85. The Nifty
Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed
