Stock Market Crash: The Indian equity markets saw a sharp slide in early trading on December 19. The Nifty 50 fell as much as 1.4% to an intra-day low of 23,870.30 while the Sensex dropped 1,162.20 points or 1.4% to an intra-day low of 79,020, bouncing back from the key support level. The US Fed spooked
The IPO of Mamata Machinery was over-subscribed 3 times within hours of opening on December 19. The IPO will close on December 23. The company aims to raise Rs 179.39 crore through selling 74 lakh shares of promoters and other selling shareholders. The retail portion was booked 4.88 times, the employee category 4.35 times, and
As we approach the end of the year, December has become a hot month for investors, with the market bustling with IPO activity. Along with several other IPOs in the pipeline, two mainboard IPOs – Transrail Lighting and Sanathan Textiles are opening for subscription today (December 19), with IPOs running at the same time. Both
The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally.Forex traders said the US Federal Reserve has adjusted its projections for 2025, signalling a more cautious monetary policy stance, pressuring emerging
When it comes to investing in stocks, most investors are focused on capital gains, that is making money when the stock price rises. But apart from this, for many investors, dividends are like the cherry on top of a cake meaning a little extra that adds sweetness to their overall returns. And when this makes
Petrol, Diesel Price Today 19 December 2024: Oil prices declined in early morning trade on Thursday, as the US Federal Reserve indicated that it would lower the speed of interest rate cuts in 2025. As per the latest update, Brent crude futures went down by 33 cents and settled at $73.06 per barrel whereas US
Go to Live UpdatesInternational Gemological Institute IPO 2024 live allotment status subscription status listing: The company’s share allotment will be finalised on December 18. The IPO was subscribed to a total of 35.48 times. The retailers booked it 11.77 times. The company raised Rs 4,225 crore. International Gemmological IPO was opened on December 13 and
Go to Live UpdatesDAM Capital Advisors IPO 2024 Live: The IPO opens to bid on December 19 and closes on December 23. The company aims to raise Rs 840.25 crore by selling 2.97 crore shares of promoters and other selling shareholders. The allotment of shares is expected to be finalised on December 24. The listing
Luxury sells. And, the capital leads in lapping it up. With this month’s landmark deal of a flat in Gurugram’s DLF Camellias for Rs 190 crore, luxury real estate in Delhi-NCR is on a new high. Among the top seven cities in India, Delhi-NCR stood out with a remarkable 64% share of luxury residential launches
The GST Council on December 21 again deferred a decision to exempt and cut taxes on health and life insurance premiums. The reason for this is that the ministers’ panel needs more time to reach a consensus on the matter. “Some members said more discussions required. We (GoM) will meet in January again,” Bihar Deputy
By Farooq Wani A commitment to giving back to society with a charitable and compassionate spirit has been at the core of the business model adopted and followed by the Delhi-based Hamdard Laboratories India during its 118 years of existence. Hamdard originates from two Persian words – “Hum”, meaning “companion”, and “Dard” meaning “pain” –
8th Pay Commission: With the Centre ruling out any proposal to set up the 8th Central Pay Commission anytime soon, over 1 crore central government employees and pensioners have expressed their displeasure over the delay in announcing the next pay commission, which, according to them, should start its term from January 1, 2026. Amid this
Signature Global has emerged as the market leader in the Dwarka Expressway region, as per a recent report by Square Yards which pegs the total annual residential new supply along Dwarka Expressway at 10,000 units per annum since 2020, compared to 5,000–7,000 new units launched per annum in the pre-pandemic period. According to Square Yards
