The speciality chemical company’s subscription period began on Monday, June 3, and ended on Wednesday, June 5. By the end of the final bidding day, the issue had received a significant response from all three segments: non-institutional investors (NIIs) (301.92 times), qualified institutional buyers (QIBs) (89.03 times), and retail investors […]
Market
The Nifty Midcap 50 underperformed the Nifty 50, closing 1.55% higher. On the other hand, small cap stocks outperformed the Nifty 50, with the Nifty Small Cap 100 ending at 16826.1, up by 389.45 points and 2.31% higher. The Nifty 50 has provided the following returns: – In the last […]
Banking Q4 Review Reviewing the Q4 results for the banking space, the brokerage pointed out that banks, including Small Finance Banks (SFBs), in its coverage have sustained robust credit growth, aligning closely with anticipated 17 percent year-on-year growth (excluding HDFCB). While some banks have voiced concerns regarding corporate growth due […]
Also Read: RBI monetary policy: Inflation to growth outlook – 5 key highlights from RBI MPC outcome Despite a steep loss of 6 per cent on June 4, market benchmarks are up with decent gains in June so far. Sensex is up about 3.7 per cent, while the Nifty 50 […]
Bajaj Housing Finance IPO: Bajaj Finance, a non-banking finance company (NBFC), will offload shares of its housing finance arm, Bajaj Housing Finance, for ₹3,000 crore in its forthcoming initial public offering (IPO). “This is subject to market conditions, receipt of applicable approvals, including those from the Securities and Exchange Board of India (SEBI), […]
1:4 bonus shares effect: A long-term share investor not only benefits from stock price appreciation but also from other rewards that a listed company announces over time from its capital reserves. These rewards, such as dividends, bonus shares, buyback of shares, rights issues, etc., can significantly enhance one’s returns. For […]
Today’s surge, particularly noteworthy, saw indices climbing by nearly 2 percent. This remarkable rebound coincided with the Reserve Bank of India’s optimistic revision of the FY25 GDP growth forecast to 7.2 percent, up from the previous 7 percent projection. Furthermore, the central bank maintained a steady course by leaving the […]
Zerodha founder-CEO Nithin Kamath, on June 7, praised the Securities and Exchange Board of India (SEBI) for making the Indian markets safer and more investor-friendly. In a post on the social media site X (formerly known as Twitter), Kamath referred to the market regulator’s circular on June 5, which mandates […]
Stock market today: After a revision in the circuit filter, One 97 Communications Ltd shares witnessed strong buying on Friday. Shares of the Paytm’s parent company today opened upside at ₹349 apiece on NSE and touched an intraday high of ₹381.30 per share. While climbing this intraday peak, Paytm’s share […]
Bharat Heavy Electricals Share Price Highlights : On the last day of trading, Bharat Heavy Electricals (BHEL) opened at ₹279.95 and closed at ₹278.15. The stock reached a high of ₹283.5 and a low of ₹275.4 during the day. The market capitalization of BHEL is ₹98,699.09 crore. In the past […]