Davis was one of the remarkably few people who made a sizable fortune from investments in common stocks, serving as an inspiration to the ‘Average Joe’ that he too could become rich without resorting to shady shenanigans. During the mid-1930s, the American stock market came under heavy selling pressure, striking […]
Market
Capital markets regulator Securities and Exchange Board of India (SEBI) has proposed a series of near-term measures to prevent speculative trading, such as gambling in index derivatives, which include curbing multiple option contract expiries and increasing the size of options contracts. The seven measures suggested by the market watchdog are […]
The capital markets regulator Sebi has returned the draft prospectus documents for Vishal Mega Mart, the education-focused NBFC Avanse Financial Services, Sai Life Sciences backed by private equity firm TPG Capital, and BMW Ventures. On the other hand, the markets regulator has approved the IPOs of four companies: PN Gadgil […]
Penny stock Vintron Informatics has emerged as a stellar success story, delivering exceptional returns to its investors over both long-term and recent periods. Its remarkable performance underscores the potential of penny stocks to generate significant value for investors willing to take on the associated risks. Over the last five years, […]
Power Grid Corporation Share Price: Power Grid Corporation’s share price hit over three upper circuits on Tuesday, July 30, after the state-owned power transmitter raised its capex (capital expenditure) guidance to more than ₹2 lakh crore by 2032. The public sector undertaking (PSU) reported a rise of 3.52 per cent […]
Ashapura Logistics IPO: The Initial Public offering that opened for subscription today i.e 30 July’ 2024 received a good response from investors being subscribed 3.73 times on Day 1. Ashapura Logistics IPO subscription status The IPO for Ashapura Logistics was subscribed 3.73 tines by 5 PM on 30 July, 2024 […]
The subscription period for the Ceigall India IPO is set to begin on Thursday, August 1, and end on Monday, August 5. The price band for the offering has been set at ₹380 to ₹401 for each equity share with a face value of ₹5. On Wednesday, July 31, the […]
China, traditionally one of Asia’s biggest consumers of gold alongside India, appears to be turning its back on the yellow metal, according to Christopher Wood, Global Head of Equity Strategy at Jefferies. In his latest “Greed & Fear” report, Wood outlines the signs of weakening Chinese demand, reflecting a shift […]
Akums Drugs IPO: In light of huge demand from retail and non-institutional investors, Akum Drugs and Pharmaceuticals Ltd.’s initial public offering was fully booked on the first day of bidding. After the issue opened for subscription, the retail section had an overwhelming response within an hour, with other segmentsswiftly following […]
The Indian hospitality sector has been the talk of the town due to its stellar performance over the past two years, as the impact of Covid-19 abated. Occupancy rates and Average Room Rates (ARRs) have shown a robust increase, leading to significant improvements in key financial metrics such as EBITDA […]