Suraksha Clinic and Diagnostics IPO will open on November 29. The company aims to raise Rs 846.25 crore by offloading 1.92 crore shares of promoters and other selling shareholders. This means the raised funds will go to the bank accounts of promoters and selling shareholders. None of the raised money will be used for the
Benchmark indices Sensex and Nifty saw a decline on Thursday, November 28, as the expiry of monthly futures and options contracts weighed on the market. The BSE Sensex dropped over 1000 points, or 1.23%, to close at 79,246, while the Nifty fell nearly 300 points, or 1.22%, trading below 24,000. Both indices fell, with major
After weeks of persistent selling, foreign institutional investors (FIIs) have made a strong comeback in Indian equities, purchasing stocks worth Rs 11,100 crore in just three consecutive trading sessions. This marks a significant turnaround, following 38 straight sessions of net outflows from Indian markets. Three Days of Buying Spree by FIIs The buying trend began
Petrol, Diesel Price Today 28 November 2024: Oil prices dipped marginally in Asian markets on Thursday, indicating concerns related to demand in the United States following a surge in gasoline inventories. Brent crude futures went down by 4 cents to $72.79 per barrel whereas US West Texas Intermediate (WTI) crude dropped by 1 cent to
Housing & Urban Development Corporation’s (HUDCO) shares have jumped as much as 9% to an intra-day high of Rs 240.58 after it signed an MoU with NBCC worth Rs 600 crore. While the shares of NBCC rose 5% to Rs 100.50, intra-day. “HUDCO signed a Memorandum of Understanding (MoU) with NBCC (India) Limited, on 27th
Shares of Mumbai-based real estate developer Godrej Properties saw a notable gain of over 2%, reaching an intra-day high of Rs 2,903 on the NSE, following the company’s announcement of a Qualified Institutional Placement (QIP) to raise up to Rs 6,000 crore. This marks the company’s strategic move to sell up to 5.5% of its
Gold and silver bullion prices have risen as investors factor in geopolitical tensions and volatility in the US dollar. “While the broader bullish trend in gold remains intact, short-term uncertainty persists. At Rs 75,900 on MCX, gold is slightly off its peak but significantly above the Rs 67,500 low seen during the Budget week. Investors
Shares of the Adani Group are expected to remain in the spotlight on Thursday, November 29, after Abu Dhabi’s International Holding Company (IHC) reiterated its confidence in the Indian conglomerate. This follows a U.S. indictment accusing Adani Group executives, including billionaire Gautam Adani, of bribery and investor fraud. In a statement released on Wednesday, IHC
Food delivery giants Swiggy and Zomato are expected to moderate discounts in their core business as competition in quick commerce — another segment they are present in — intensifies, say industry experts. This shift reflects a strategic move towards sustainable pricing to balance profitability and maintain market leadership. Discounting has been a key strategy to
The Employees’ Provident Fund Organisation (EPFO) recently announced EPFO 3.0, a game-changing upgrade that will ensure some major changes in the way the retirement fund body delivers it services to over 7 crore members. Confirming EPFO 3.0 roll out by June this year, Union Minister Mansukh Mandaviya recently said this upgraded system will improve efficiency
Swiggy on Wednesday announced that the Ministry of Corporate Affairs approved the incorporation of Swiggy Sports, a wholly-owned subsidiary of the company. The new subsidiary will operate in the sports activities and amusement and recreation activities space. In a regulatory filing, Swiggy said, “We would like to inform you that Ministry of Corporate Affairs, Central
The recent devastating fires in Los Angeles have underscored the importance of having the right fire insurance for homeowners. As communities rebuild and recover, it’s a reminder that preparation is key when protecting one’s property. Understanding your insurance options can make all the difference with the potential for environmental factors like drought and high winds
With equity benchmarks Sensex and Nifty plunging more than 10% from their peaks in September last year, it’s natural for mutual fund investors — especially those investing through the SIP (Systematic Investment Plan) route — to question whether they should continue their investments. Market volatility often creates anxiety among SIP investors, even when they are
