Booking Financial News

Indian stock market: On June 11, the Indian stock market benchmarks remained in a consolidation phase for the second consecutive session, influenced by subdued global cues.The Sensex commenced trading 191 points higher at 76,680.90 compared to its previous close of 76,490.08. It surged around 370 points to reach an intraday peak of 76,860.53. However, succumbing to profit booking towards the end of the session, the index ended 33 points, or 0.04 per cent, lower at 76,456.59.Also read: Stocks to buy: Axis Bank, Dr Lal Pathlabs among top four stock picks by SMC Global Securities for this weekSimilarly, the Nifty 50 began at 23,283.75, in contrast to its previous close of 23,259.20, and reached an intraday high of 23,389.45.

Warner Bros. Animation, New Line Cinema, and Sola Entertainment presented 20 minutes of their upcoming anime feature «The Lord of the Rings: The War of the Rohirrim» at the Annecy Animation Festival, receiving strong applause.

₹32,556 crore as on 31 December 2023, as per Icra, which has an active credit rating on the company. This is about 2.6 times the company’s FY23 revenue of ₹12,637 crore.“The ratings for Afcons Infrastructure Limited continues to favourably factor in the longstanding track record of its operations in executing complex infrastructure projects, its large scale of operations, diversified order book across segments, clientele and geographies," analysts at Icra noted in a report dated 27 March.

Stock market today: Indian stock market benchmarks consolidated for the second consecutive session on Tuesday, June 11, amid weak global cues.Despite opening higher and trading in positive territory for a significant part of the session, equity benchmarks—Sensex and Nifty 50—ended flat on profit booking in the absence of fresh triggers.Sensex hit its intraday high of 76,860.53, but prey to profit booking in the fag-end and ended 33 points, or 0.04 per cent, lower at 76,456.59. Nifty 50 opened at 23,283.75 against its previous close of 23,259.20 and touched its intraday high of 23,389.45.

Best Astrologer in Delhi, Pt Umesh Chandra Pant, Clinches His 8th Consecutive ThreeBestRated® Award of Excellence

Tim Bergling who is professionally known by the name DJ Avicii is back in news more than six years after the news of his suicide shocked the world of music. The singer’s final words were revealed in his diary entry. The singer committed suicide at the age of 28 in Muscat, Oman on April 20, 2018. A documentary which premiered at a film festival recently has shed light on his life and the professional hazards of working in the entertainment industry.

₹90 to ₹94 per share. The GP Eco Solutions IPO lot size is 2,000 shares. The floor price is 9 times of the face value and the cap price is 9.40 times of the face value of the equity shares.The Noida-based company's IPO would include a fresh issue of 32,76,000 Equity Shares having a face value of ₹10- via the book-building process.

Max Healthcare Institute Ltd. fell 0.88 per cent to Rs 804.5 in Tuesday's trade as of 01:28PM (IST) even as the benchmark Nifty ruled at 23346.5, up 87.3 points. The scrip had closed at Rs 811.7 in the previous session. The stock quoted a 52-week low of Rs 509.05 and a high of Rs 909.0. The company quoted a market-cap of Rs 78248.67 crore on the BSE.

Shree Cements Ltd. fell 0.6 per cent to Rs 27080.8 in Tuesday's trade as of 01:33PM (IST) even as the benchmark Nifty ruled at 23346.9, up 87.71 points. The scrip had closed at Rs 27246.7 in the previous session. The stock quoted a 52-week low of Rs 22601.3 and a high of Rs 30710.15. The company quoted a market-cap of Rs 97778.65 crore on the BSE.

Suzlon Energy Ltd seems set to maintain its post-turnaround momentum, aided by a favourable macroeconomic environment, healthy financials, and a robust order book. This is despite concerns over ‘corporate governance’ issues following the sudden resignation of an independent director.

₹740-crore initial share sale received bids for 20,52,11,888 shares against 4,37,69,494 shares on offer, according to BSE data.The retail individual investor category was booked to 12.32 times, while non-institutional investors received 8.20 times as many subscriptions. The component for qualified institutional buyers (QIBs) was subscribed at 39%.“ixigo IPO subscription are in line with our expectations with increased interest from retail bidding more than 10x, followed by NIIs/HNIs who have bought more than 7 times the reserved portion as of now on the second day of bidding which could mean the over subscription can lead to potentially decent listing gains over and above 20% for investors.

Federal Bank Ltd. traded 1.51 per cent up at Rs 167.3 on Tuesday at around 11:57AM (IST), while the benchmark BSE Sensex advanced 189.7 points to 76679.78. As many as 178,641 shares changed hands on the counter with a total value of Rs 2.98 crore.

ixigo IPO day 2: The initial public offering (IPO) of ixigo, which opened on 10th June 2024, has received a robust response from primary market investors. The public issue worth ₹740.10 crore will remain open till 12th June 2024. The company has fixed the ixigo IPO price band at ₹88 to ₹93 per equity share, and the book build issue is proposed for listing on BSE and NSE.

Lenox Advisors, an affiliate of NFP and an Aon company, has extended its reach into the Mid-Atlantic wealth space with a sizeable acquisition.

books that found themselves, along with 12 other books, removed from Texas school libraries, and reinstated last week, for supposedly extolling 'pornographic filth'. Victorian morality is alive and well in the Lone Star State.

industry veteran Uday Kotak on Monday said most businessmen are cautious about speaking truth in front of those in power and do not speak their mind on pertinent issues. Speaking at the launch of a book titled 'Hamara Rahul', based on the life of Bajaj Group's former chairman emeritus Rahul Bajaj, Kotak reminisced how the late billionaire had shown the rare ability of speaking out multiple times.

Kartik Aaryan says he doesn't believe in running behind films that check mark his acting chops or get him in the good books of critics. The actor said he instead looks for stories that have the potential to draw audiences to theatres.

“Belcan’s deep engineering capabilities and domain expertise across the aerospace & defence market will be complemented by Cognizant’s scale and own multi-decade digital engineering expertise, providing Belcan’s blue-chip client roster access to our advanced AI, cloud and data technologies," said Kumar.Cognizant ended with $19.35 billion in revenue last year. It expects its full-year revenue to be between $18.9 billion and $19.7 billion.

Retail investors bid for 17.6 million shares compared to the 7.9 million shares available, as of 11:42 AM on Monday, BSE data showed. The non-institutional segment subscribed 0.47 times, while the qualified institutional buyers (QIB) are yet to show significant activity.

₹425 lakh crore from nearly ₹423.5 lakh crore in the previous session, making investors richer by about ₹1.5 lakh crore in a single session.UltraTech Cement (up 3.26 per cent), Grasim Industries (up 2.43 per cent) and Hero MotoCorp (up 2.30 per cent) ended as the top gainers among the 27 stocks that ended in the green in the Nifty 50 index.Shares of Tech Mahindra (down 2.66 per cent), Infosys (down 2.31 per cent) and Wipro (down 1.88 per cent) closed as the top losers in the Nifty 50 index.Nifty IT lost 1.83 per cent on profit booking after recent gains as rate cut hopes waned. On the other hand, Nifty Media (up 1.86 per cent), Realty (up 1.32 per cent), and Pharma (up 1 per cent) closed with significant gains.Nifty Bank slipped 0.04 per cent, while the Private Bank index declined 0.09 per cent.