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Major investors that have subscribed to ixigo IPO’s anchor book include Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, the Government of Singapore, and Tata Investment Corporation. “The IPO Committee of the company at its meeting held on June 07, 2024, in consultation with Axis Capital […]
June 7 – Benchmark 10-year U.S. Treasury yields posted their biggest daily jump in two months on Friday after data showed that U.S. job growth accelerated far more than expected in May, leading traders to pare back expectations that the Federal Reserve could begin cutting interest rates as soon as […]
NEW YORK — Stocks are mixed on Wall Street and Treasury yields are sharply higher Friday after the government released a jobs report whose headline numbers came in hotter than expected but still showed some signs of moderating. The report suggests that markets may have to wait even longer for […]
Shares of Waystar, whose backers include EQT AB and Canada Pension Plan Investment Board, opened at $21 each, 2.3% lower than the IPO price. The shares traded at $20.88 each as of 1:43 p.m. The offering of 45 million shares priced at $21.50 apiece, the midpoint of a marketed range. At that […]
Gold accelerated declines after a stronger-than-expected U.S. jobs report doused expectations for U.S. interest rate cuts this year, adding to bearish sentiment driven by data showing top consumer China held off on bullion purchases in May. Spot gold dipped 2.7% to $2,312.20 per ounce as of 1520 GMT. U.S. gold […]
Benchmarks and broader market indices on Friday largely recouped their losses from earlier this week, when the markets saw their steepest crash in four years spooked by a narrower mandate for the Bharatiya Janata Party and the National Democratic Alliance in the Lok Sabha election. Foreign investors bought cash shares […]
Saudi Arabia will raise $11.2 billion from Saudi Aramco’s mega stock offering, the biggest such deal globally in about three years. The share sale deal will help fund a multitrillion-dollar push to transform the kingdom’s economy. The Saudi government will sell almost 1.55 billion shares for 27.25 riyals ($7.27) apiece, […]
Dixon Technologies shares rallied over three per cent on Friday, June 7, to hit their fresh 52-week high mark after the stock price surpassed the ₹10,000 mark for the first time ever. The stock has given multi-bagger returns to investors over the last one-to-three-year periods. The consumer electronic firm has […]
Bajaj Finance rallied over five per cent on Friday, June 7, after the non-banking financial company (NBFC) approved the initial public offering (IPO) of its wholly-owned subsidiary Bajaj Housing Finance. The NBFC will offload shares of its housing finance arm, for ₹3,000 crore in the upcoming public issue. “This is […]