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Davin Sons Retail will debut on the BSE SME platform on Thursday. Ahead of the listing, the company's shares were trading with a GMP of Rs 5 in the grey market. Considering the upper price band of Rs 60, the stock is expected to see a listing premium of 9% over the issue price.

Standard Glass Lining IPO is likely to be finalised later today or tomorrow morning. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.

«We expect markets to remain volatile until concerns relating to the new virus ease out. We could see stock/sector specific action on the back of pre-quarterly business updates and the start of the Q3 result season,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.

high-risk-high-return bets in the recent bull run drove investor frenzy in nanocap stocks-those with a market capitalisation of less than ₹2,100 crore as of Wednesday. As per a study by Aditya Birla Sun Life Mutual Fund, the value of individual investors' direct holdings in nanocap stocks has moved up eightfold from ₹40,000 crore in June 2021 to ₹3.3 lakh crore in September 2024. Nanocap companies-among the lowest in heap-are ranked 1,041 and below in terms of market capitalization. They come after the micro-cap companies with a market value ranking between 521 and 1,040. Small-cap companies are ranked between 261 and 520 by market capitalisation, while large- and mid-cap are ranked form the top 260 companies. Currently, TCC Concept with a market capitalisation of ₹2,137 crore is the 1,041st biggest company on the NSE.

Stocks dropped in Tokyo and Sydney, with futures for Hong Kong also declining. US contracts slipped, after a range-bound session for the S&P 500 Wednesday. The tech-heavy Nasdaq 100 ended little changed. Nvidia Corp. dipped in post-market trading after a report said the Biden administration plans one additional round of restrictions on the export of artificial intelligence chips.

TCS, Tata Elxsi, Lupin, Hindalco, Tata Motors among others will be in focus due to various news developments and third quarter results. TCS, Tata Elxsi, IREDA Shares of TCS, Tata Elxsi and IREDA will be in focus as the companies will announce their third quarter results later today.

demat account additions in December grew at the slowest pace in 10 months as the recent declines in the stock market and regulatory restrictions on equity derivatives discouraged investors and traders from opening new accounts. The total number of demat accounts rose by 1.65% to 185 million in December from 182 million in November — the slowest growth in percentage terms since February 2024.

Capital Group said it is the unnamed fund in the Securities and Exchange Board of India's (Sebi) recent interim order that barred stock market operator Ketan Parekh and his associates from the local securities markets for front-running the investment fund's trades in the country. The capital market regulator, in its January 2 order, barred both Parekh and Singapore-based Rohit Salgaocar, who was a consultant to Capital Group.

markets are set to witness significant primary market activity, as Dr. Agarwal’s Health Care, a leading eye care services provider, and Casagrand Premier Builder, the largest residential developer in Chennai, have both received final approval from the Securities and Exchange Board of India (Sebi) to raise a combined Rs 1,400 crore through their initial public offerings (IPOs). Dr. Agarwal’s Health Care has received approval from Sebi for its IPO, which consists of a fresh issue of up to Rs 300 crore and an offer for sale (OFS) of over 6.96 crore equity shares by promoters and other selling shareholders. The funds raised will be utilized for repayment of borrowings and general corporate purposes. Filed with Sebi on September 27,the IPO will carry a face value of Re 1 per equity share, and a portion of the issue is reserved for eligible employees.

capital market regulator Securities and Exchange Board of India (Sebi) came across more than 1,100 client accounts of a single stock broker where relationship data associated with them was detected as «dependent children». Very strangely, they were aged between 34 to 100 years. The concerned stock broker is 'Stockholding Services Limited' who has been penalised with an amount of Rs 9 lakh after the market watchdog found the company in violation of Sebi norms.

Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), NTPC Green Energy Ltd.(up 1.23%), Power Grid Corporation of India Ltd.(up 0.53%) and Transformers & Rectifiers(India)Ltd.(up 0.17%) stood among the top gainers.

Shares of Balkrishna Industries Ltd.(up 1.3 per cent), Maruti Suzuki India Ltd.(up 0.86 per cent), Tata Motors Ltd.(up 0.22 per cent) and Bosch Ltd.(up 0.17 per cent) ended the day as top gainers in the pack.

Rama Phosphates Ltd.(up 17.45%), Aries Agro Ltd.(up 3.57%) and Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.52%) stood among the top gainers.

shares to nearly 1.31 crore shares. The initial public offerings (IPO) will conclude on January 15, while bidding for anchor investors is to open for a day January 10, the company said in a statement.

Shares of Dr. Reddy's Laboratories Ltd.(up 1.43 per cent) ended the day as top gainers in the pack.

stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Medi-Caps Ltd(20.00%), Mediaone Global Entertainment(20.00%), Tyroon Tea Co(19.96%), Suvidhaa Infoserve(19.93%), Suryaamba Spin(19.12%), Spandana Sphoorty(18.18%) and Rama Phosphates(17.65%).

crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity markets and sustained outflow of foreign funds also played spoilsport even as investors stayed cautious over lower economic growth projection by the government, forex analysts said. At the interbank foreign exchange, the rupee opened at 85.82 and touched the lowest-ever level of 85.89 against the greenback during intra-day. The unit settled at 85.87 (provisional) against the dollar, 13 paise lower than its previous close.

markets regulator has warned Ola Electric against sharing company-related information on social media before disclosing it to investors, adding to a slew of problems for the electric two-wheeler maker. The letter from the Securities and Exchange Board of India (SEBI), disclosed by Ola Electric late on Tuesday, said that the company had failed provide «equal and timely access» to its investors of information about a planned store expansion.

Cummins India Ltd. 0.02 per cent to Rs 3165.45 in Wednesday's trade as of 10:40AM (IST). The stock hit a high price of Rs 3204.95 and low of Rs 3150.00 during the session. The return on equity (ROE) for the stock stood at 26.02 per cent. Traded volume on the counter stood at 10:40AM shares and turnover at Rs 0.65 crore around that time. The stock of Cummins India Ltd. quoted a 52-week high price of Rs 4169.50 and 52-week low prices of Rs 1949.65, respectively.

Bank of Baroda 0.62 per cent to Rs 231.00 in Wednesday's session as of 10:50AM (IST) even as the equity benchmark Sensex traded 472.69 points at 77726.42. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 298.45 and a 52-week low of Rs 219.45 on NSE. Around 51238 shares changed hands on the counter till 10:50AM (IST).

ACC Ltd. traded 0.1 per cent in Wednesday's trade at 10:45AM (IST). Around 1,282 shares changed hands on the counter. The counter opened at Rs 2039.15 and touched an intraday high and low of Rs 2039.15 and Rs 2007.55, respectively, in the session so far. The stock of ACC Ltd. quoted a 52-week high of Rs 2843.00 and a 52-week low of Rs 1867.15.