Picture Post Studios IPO: The initial public offering (IPO) of the small and medium-sized enterprise (SME) Picture Post Studios Ltd. was subscribed over six times on the first day of its issue today. The post-production major’s SME IPO opened for subscription on Friday, August 2, 2024, and will close on […]
Market
Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
The Securities and Exchange Board of India (Sebi) is aware of the crucial role of derivative markets in capital formation. However, the chaotic surge in index options trading on expiry dates offers minimal benefits, according to whole-time member Ananth Narayan G. Referring to Sebi’s consultation paper, which highlighted the explosion […]
The Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+ kept the oil output policy unchanged at their meeting conducted on Thursday, but hinted at plans to start unwinding one layer of output cuts from October, and repeated that the hike could be paused or reversed […]
The longest weekly winning streak since 2010 came to an end this week as the Indian market faced significant selling pressure today. This downturn was influenced by a sell-off in global markets following fresh data from the US, which has reignited recession fears. These concerns have resurfaced in the headlines […]
In the last one month, the benchmark index Nifty 50 went up by 4% while the broader indices midcaps, smallcaps went up by 6% and 5%, respectively. This outperformance was led by improved sentiment and positive flows. However, brokerage house Axis Securities believes that with the recent run-up in the […]
Ola Electric Mobility Limited is a pure electric vehicle (EV) player in India that is developing vertically integrated technology and manufacturing capabilities for EVs and EV components. The company’s initial public offering (IPO) is open for subscription as of Friday, August 2, and it ends on Tuesday, August 6. Investors […]
Ashapura Logistics IPO: The issue opened for subscription on 30 July, 2024 and closed on 1 August 2024, saw a strong response . The issue was subscribed 185.75 times. It is now likely to see allotment finalised today. Here is how to check the status. Here’s how to check allotment […]
Indian passenger vehicle manufacturers have reported weaker wholesale figures for July as demand continues to cool off. The Society of Indian Automobile Manufacturers (SIAM) had earlier forecasted PV growth for FY25 to be below 5%, citing increased competition and excess supply as major challenges. Although Q1 2024 saw record-breaking sales, […]
Despite the stock market crash on Friday, Rushil Decor’s share price witnessed strong buying interest. After Thursday’s announcement of strong Q1 results 2024, Rushil Decor’s share price today opened flat at ₹351 and touched an intraday high of ₹384.95 apiece on NSE, recording a more than 9 percent intraday rise. […]