Band Financial News

Updater Services IPO: Listing date of Initial Public Offering (IPO) of Updater Services Limited has been fixed on 4th October 2023 i.e. today.

₹2 per share, according to the addendum filed with SEBI. As part of the Tata Tech IPO, Tata Motors will sell up to 8.11 crore shares via offer for sale, Alpha TC will sell up to 9.71 crore shares, Tata Capital Growth Fund I will offer up to 48.58 lakh shares.

₹18.63-crore worth Goyal Salt IPO has received stellar response from investors so far. Goyal Salt IPO is a book built issue and an SME IPO that opened for public subscription on September 26. Rajasthan-based Goyal Salt Ltd is a refiner of raw salts procured from subsoil brine, used as industrial salts and edible salts.

JM Financial. The brokerage firm expects Infosys and TCS to be at the upper end while Tech Mahindra, still impacted by project ramp-downs towards the first quarter-end, to be at the bottom end of the band. Mid-caps under coverage will fare relatively better.

₹26,689 crore in the cash market in September," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "The dollar index rising above 107 and the US 10-year bond yield at a 16-year high of 4.68 per cent are major headwinds for the market since FIIs are likely to continue selling in response to the rising dollar and US bond yields. But, on the positive side, the bulls will be emboldened to buy on the back of the tailwind of the 5 per cent crash in Brent crude prices.

₹143 per share, 20.2% higher than the issue price of ₹119. Also Read: JSW Infrastructure IPO listing date today.

₹146 per share, 50.5% higher than the issue price of ₹97. Post a stellar listing, Saakshi Medtech share price was locked in 5% upper circuit.

₹215 on Tuesday (October 3). Both on the NSE and on the BSE, Manoj Vaibhav Gems share price was listed at ₹215. Manoj Vaibhav Gems IPO opened for subscription on September 22 and closed on September 26.

Live Aid, the iconic charity concert that raised a staggering £127 million nearly four decades ago, is set to be transformed into a musical. This legendary fundraiser, masterminded by Bob Geldof and Midge Ure, took place on July 13, 1985, captivating a crowd of 72,000 at Wembley Stadium, all in an effort to raise funds for famine relief in Ethiopia. The event garnered a global audience of tens of billions through live television broadcasts.

Live Aid, the historic transatlantic concert that captured the hearts of an estimated 1.5 billion viewers while raising millions for famine relief in Ethiopia almost four decades ago, is set to make a musical comeback. The Old Vic Theatre in London announced on Monday that «Just For One Day,» a stage musical inspired by Live Aid, will premiere there in early 2024. Organized by iconic rockers Bob Geldof and Midge Ure, Live Aid's impact still resonates.

₹145 and in the bull case, it has a target price of ₹158 per share for IDFC Ltd. It advises investors to buy IDFC Ltd in ₹130-133 band and add on dips in ₹116-118 band, for a time horizon of 2-3 quarters. Also Read: 'Valuations of smallcaps ahead of fundamentals; tough to predict RBI rate cut' Higher maturity mix in hospitals, steady performance of flagship hospitals in India and improving profitability of new hospitals solidifies Narayana Hrudayalaya’s position in India.

₹0 per share, as per market observers. This indicates that Manoj Vaibhav share price was trading flat at its issue price, without any premium or discount, in the grey market on Monday ahead of listing. Manoj Vaibhav shares have lost all the premium it was commanding in the grey market before the IPO.

From a sector perspective, the Pharma sector found support at the lower band during a consolidation patch. Sun Pharma, one of the leading stocks, showed a very bullish development with a 100 months rounding bottom breakout. The Realty sector, after a decade of underperformance, formed an all-time high.

Also Read: Stock market holiday: BSE, NSE to remain closed today for Mahatma Gandhi Jayanti JSW Infrastructure IPO will be the second after RR Kabel IPO that will list in the T+2 timeline. JSW Infra IPO was opened from September 25 to September 27. The IPO share allotment was finalised on September 28.

The judge deciding the future of former President Donald Trump’s real estate empire has driven a taxi cab, played in a band and protested the Vietnam War

The last interest rate hike by the Reserve Bank of India (RBI), in the current rate hike cycle, happened on 8 February. The next meeting is round the corner, on 6 October. It is likely that RBI would pause at the current level for some time. There is also a faint expectation that RBI may hike the rate one last time, taking the repo rate from 6.5% to 6.75%. Here are two factors that will influence the decision by RBI.

Investing.com — It's OPEC+ week ahead and we can expect the drone on how much higher crude prices can go to continue all week.

IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments in the last week of September, which kept investors engaged with subscriptions and listings. Moving on, the first week of October sees strong market buzz - as several initial public offering (IPO) issues are closing and new companies are set to make their debut on D-Street. Let's take a look at some of the companies that are closing for subscription this week, along with few that are getting listed on the bourses.

U2's highly anticipated 25-night run at Las Vegas' Sphere officially kicked off, and fans are now eager to know the setlist for the iconic band's performances. The setlist for «U2: UV Live at Sphere Las Vegas» is here and offers an intriguing mix of classic tracks, new releases, and even a section dedicated to various albums from their catalog. The setlist opens with the iconic «Achtung Baby» album, but with a twist. The album's tracks are split into two sections. After the first eight numbers, the show transitions into semi-acoustic mode for four songs that are not part of «Achtung Baby» before returning to the album's remaining four tracks. In a unique move, U2 has dedicated a mid-section of their performances to a different album each night during this Las Vegas run. The opening night featured songs from «Rattle and Hum,» possibly influenced by the presence of the album's producer, Jimmy Iovine, who was in the audience. This dynamic segment adds an element of surprise to each show, as fans can anticipate different albums being spotlighted on different nights.

Aerosmith has postponed their 2023 tour to the following year due to a severe vocal injury sustained by Steven Tyler. Initially diagnosed as «bleeding vocal cords,» Tyler's condition has now been revealed to be more critical than initially thought. In a statement released on social media, the band disclosed that Tyler fractured his larynx, necessitating ongoing medical attention. Although he is receiving top-notch care, the nature of the fracture requires patience. Following Tyler's vocal injury, six tour dates were rescheduled to 2024, starting in January and concluding in late February. These concerts were originally planned for Detroit, Chicago, Washington, D.C., Toronto, Raleigh and Cleveland. The band's earlier expectation of returning by October 11 has been dashed. The band has indicated that new dates will be announced once more information becomes available. All previously purchased tickets will be honored at the rescheduled concerts, and refunds will be offered to those unable to attend the yet-to-be-announced new dates. Tyler also shared a personal message, expressing his heartbreak at not being able to perform with Aerosmith and the Black Crowes, but promising a swift return to the stage. Similarly, Bruce Springsteen has had to postpone all of his September shows due to struggles with peptic ulcer disease. His representatives stated that Springsteen is undergoing treatment and that the tour dates, originally set to conclude in mid-December, are being postponed out of an abundance of caution. Currently, the only concerts on Springsteen's schedule are a series of rescheduled shows in Philadelphia next August.

₹15.56 crore from anchor investors on Tuesday, September 26. Vinyas Innovative IPO price band has been set in the range of ₹162 to ₹165 per equity share of face value of ₹10 each.