Booking Financial News

Krystal Integrated Services is likely to finalise the share allotment today. The issue was booked 12 times at close on strong interest from non-institutional investors. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here's how you can know the status on BSE

Popular Vehicles IPO: The listing date of the initial public offering (IPO) of Popular Vehicles and Services Limited has been fixed on 19th March 2024 i.e. today. As per the information available on the BSE website, Popular Vehicles IPO will be listed on BSE and NSE in a special pre-open session on Tuesday, 19th March 2024.

Neuberger Berman is helping financial services firm KeyCorp enhance its customized portfolio offerings for wealth clients under a newly unveiled partnership.

Diana's brother Charles Spencer has released his memoir and the book is dominating the Amazon bestseller's chart. The newly released book is titled as "A Very Private School", according to The Hollywood Reporter report. In Charles Spencer's compelling book, readers are confronted with a poignant and deeply personal narrative that sheds light on the harrowing experiences of his childhood spent in a British boarding school.

Anne Hathaway as Mia Thermopolis and Dame Julie Andrews as Queen Clarisse Rinaldi of Genovia. With the nostalgia still lingering, fans have eagerly awaited news of a potential third installment. However, Andrews recently shared some candid thoughts on the likelihood of it happening, which may not be the news fans were hoping for. Managing Expectations

Rekha Jhunjhunwala-backed Baazar Style Retail files DRHP with SEBI to raise funds via IPO The Enser Communications IPO was subscribed over 3.23 times on the second day of bidding. The SME IPO received 74,60,000 shares against offered 23,10,000 shares. On the second day of subscription, the retail portion received 58,54,000 share applications, meanwhile, QIB category remained unsubscribed.

Hindustan Petroleum Corp. Ltd’s (HPCL) shares are down nearly 30% after hitting a lifetime high of ₹595 apiece on 16 February. The decline may indicate that investors are anxious to book profits because of concerns about a potential cut in fuel prices ahead of the upcoming general elections.

The world of meme coins is experiencing an unprecedented surge with Solana emerging as a preferred venue for these speculative cryptocurrencies. 

Delhi court has directed Tihar Jail officials to take Aam Aadmi Party leader Sanjay Singh, who is arrested in the excise scam case, to Parliament on Tuesday to enable him to take oath as a Rajya Sabha member. Special Judge M K Nagpal directed the jail superintendent to ensure adequate security during Singh's movement. «The Jail Superintendent concerned is directed to ensure that accused is taken to Parliament on 19.03.2024 under adequate security for the purpose of making and subscribing of oath as a Member and after the oath, he is also brought back to the jail safely,» the judge said. In an order passed on March 16, the judge said that during the visit Singh will not be permitted to use mobile phone or talk with any other accused, suspect or witness in this case, or in the connected case of the CBI.

Mint last week launched its coffee table book (CTB), 20 Personal Finance Strategies: Make Your Money Go Further. The CTB, also available as an eBook, has 20 practical strategies from some of Mint’s top daily infographics on personal finance that readers can deploy to earn higher returns, reduce expenses, or save tax.

demat accounts for individuals who have been allotted shares will take place today, Monday, March 18. Today will also see the completion of the refund procedure for individuals who have not yet received their shares.

The Supreme Court is back on the First Amendment beat Monday when it hears cases asking whether government officials can jawbone businesses to restrict speech. It seems government needs remedial constitutional training. In Murthy v.

United States, Australia, Canada, Mexico, Japan, and the United Kingdom, reveals that a staggering 84 per cent of Indians are planning solo trips this year, surpassing their global counterparts at 66 per cent. This surge in solitary explorations is fueled by a desire for self-discovery, with 46 per cent of Indians citing "reconnecting with themselves" as the primary motivation, followed by a need for a break from the chaos of daily life (39 per cent) and a quest for independence 34 (per cent).

Bajaj Finance shares with a 12-month target price of ₹8,630 per share, implying a nearly 33% upside from Friday’s closing price. The target implies that the stock would trade at 4.7x FY26e Book Value and 23x FY26e EPS. It said that at the current market price, the stock trades at 3.5x FY26e Book Value and 18x FY26 PE, with regulatory overhang priced in at this point.

Nilesh Shah, MD, Kotak AMC, says “we have advocated to our clients to follow the dharma of asset allocation. If you are leveraged into this market, please sell everything right now and reduce your leverage unless and until you are an exceptionally lucky or exceptionally skilled trader. If you are overweight into equity, this is time to book profit. If you were a brave person who bought during the Covid period, then you can hold on to your positions because you know how to manage risk. If you were that conservative person who sold during Covid period, then please book a lot of profit over here.” Shah also says: “Last year was one two ka three market, largecaps gave about 30% return, mid and smallcap about 60%, and microcap about 90%. Market does not move linearly. Investors who are coming into small and midcap funds should not expect what happened last year will be repeated in the next one year or two years or three years.” Let us talk about the elections and the market given the kind of correlation that we have seen for the last five consecutive Lok Sabha elections with the Nifty rallying between 3% and 21% just a month before the elcection, Now that there is more clarity in terms of the dates, what is your assessment? Nilesh Shah: This time, the market has already discounted the continuity of the government.

SBI Cards and Payment Services Ltd. rose 0.17 per cent to Rs 700.35 in Monday's trade as of 12:43PM (IST) even as the benchmark Nifty ruled at 22061.15, up 37.81 points. The scrip had closed at Rs 699.15 in the previous session. The stock quoted a 52-week low of Rs 678.8 and a high of Rs 932.35. The company quoted a market-cap of Rs 66695.63 crore on the BSE.

₹189.50 crore KP Green Engineering IPO has been oversubscribed heavily led by retail investors. KP Green IPO is an SME IPO that opened for bidding on March 15 and will close on March 19. Today is the second day of bidding for KP Green Engineering IPO.

₹113.30, which is 51.07% higher than the issue price of ₹75. Pratham EPC Projects IPO opened for subscription on Monday, March 11, and closed on Wednesday, March 13.

Gold rate today: On account of the rising US dollar ahead of the US Fed meeting, gold price today witnessed sharp selling during morning deals. Gold future contract on the Multi Commodity Exchange (MCX) for April 2024 expiry opened lower at ₹65,348 per 10 gm level and went on to touch an intraday low of ₹65,180 within a few minutes of the commodity market opening. However, the yellow metal witnessed some buying at the lower levels and pared some of the early morning losses.

Krystal Integrated Services IPO: The three-day bidding for the initial public offering (IPO) of Krystal Integrated Services Limited is going to end today. In the first two days of bidding, Krystal Integrated Services IPO subscription status suggests that the book build issue has received a lackluster response from the primary market investors.