Booking Financial News

Popular Vehicles IPO: The initial public offering (IPO) of Popular Vehicles & Services Limited has opened today and will remain open for subscribers till 14th March 2024 i.e. till Thursday this week. This means Popular Vehicles IPO subscription will remain open from Tuesday to Thursday this week.

Stock market today: After trading in a narrow range on Thursday last week, the Indian stock market witnessed sharp profit booking and closed lower on Monday. After climbing to a new peak of 22,526 level, the Nifty 50 index lost 160 points and closed at the 22,332 level, the BSE Sensex dipped 616 points and ended at the 73,502 mark whereas the Bank Nifty index nosedived 507 points and finished at 47,327 level. In the broad market, the small-cap index fell more than the Nifty 50 index even as the advance-decline ratio fell to 0.24:1.

Buy or sell stocks: After showing a narrow range movement on Thursday, the Indian stock market witnessed sharp profit booking and closed lower on Monday. After climbing to a new peak of 22,526 level, the Nifty 50 index lost 160 points and closed at the 22,332 level, the BSE Sensex dipped 616 points and ended at the 73,502 mark whereas the Bank Nifty index nosedived 507 points and finished at 47,327 level.

Drag Race: Down Under" season 4 has been confirmed and there will be a new host. Emmy-award winner Michelle Visage is the new host, as per a report in Deadline. Visage has proven herself adept at hosting, demonstrating her skills when she stepped in for RuPaul on «RuPaul's Drag Race: U.K.» last year. Her ability to entertain and engage audiences was evident during her time on the show, showcasing her versatility as a performer and presenter.

Arsenal will play FC Porto in the UEFA Champions League last 16 second leg match on Tuesday. The Gunners are trailing by 1-0 against the Portuguese side. Arsenal vs FC Porto Champions League game will kick off at 4 pm (ET) on Tuesday, March 12 at Emirates Stadium. The soccer game will be live streamed on TUDN USA and Paramount+.

₹16.82 lakh and ₹20.29 lakh (ex-showroom Delhi). The Creta N Line is powered by a 1.5-litre Turbo GDi Petrol engine with a six-speed manual transmission and seven-speed Dual Clutch Transmission (DCT).

₹180.17 crore from anchor investors on March 11, a day before the Kerala-based company's IPO will open for subscription. In an exchange filing to the exchanges on Monday, the company disclosed the allocation of 61,07,325 equity shares to anchor investors at a price of ₹295 per equity share.

In a letter to The Times, Sharon Bowles, Ros Altmann, Bryn Davies and John Baron argued that UK investment companies have been facing a «deepening crisis» over the last two years. They said investment trusts have been «shunned» by investors and platforms because of EU regulation, as they remains on the UK statute book, despite not applying to any listed investment companies in Europe. FCA sets out temporary measures to address investment trust cost disclosure concerns «Under UK interpretation, investors are told that management charges are an additional cost, which is misleading,» ...

authors have filed a lawsuit against graphics processing unit (GPU) giant Nvidia for illegally training its artificial intelligence (AI) platform NeMo on their copyrighted works. This is another development in the growing tensions globally involving intellectual property right holders and companies that make AI models, resulting in similar lawsuits that saw entities such as Microsoft and OpenAI cross swords. Here's an explainer of what the Nvidia lawsuit says and what these concerns are.

MUMBAI : Hype, a Bengaluru-headquartered luxury travel aggregator, is looking to expand globally as it charts a path in the elite travel sector. Founded by Raaghav Belavadi, a former group CEO at Accenture, and his sister Vijaya Belavadi, Hype aims to rewrite the playbook on premium travel experiences for high net worth individuals (HNIs) and ultra HNIs. Rejecting the conventional asset-heavy model, the travel aggregator thrives on commission-based operations, a move that ensured profitability from the start of operations, Raaghav Belavadi told Mint.

Gagan Banga, VC & MD, Indiabulls Housing Finance, says: “We have now reached a stage where over the last four to six quarters, we stabilised the overall business, scaled up the retail disbursals and whatever are the targeted segments for growth, the disbursals around that are coming along at a good pace. At this point in time, we believe that to grow and take the disbursals to the next level, we have set a goal that by the end of FY25, we should be disbursing close to about Rs 2,000 crore. By the end of FY26, we should be disbursing around Rs 3,000 crore a month.”

Pune E-Stock Broking was subscribed 39 times so far on Monday, the second day of the bidding process, driven by strong retail and NII interest, whose categories were subscribed 61 times and 31 times, respectively. The IPO is entirely a fresh equity issue of 46.06 lakh shares and through the issue, the company aims to raise Rs 38 crore.

LTIMindtree Ltd. fell 0.18 per cent to Rs 5111.0 in Monday's session as of 01:19PM (IST) even as the equity benchmark Sensex traded 380.94 points lower at 73738.45. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4130.3 on NSE. Around 3541 shares changed hands on the counter till 01:19PM (IST).

IPO) of namkeen maker Gopal Snacks has been getting steady responses from investors on Monday, the third day of the bidding process with an overall subscription of 2.6 times. The issue received over 3 crore consolidated share bids around this time against 1.19 crore shares on offer. The retail portion was booked the most at 5.48 times, followed by non-institutional investors' at 4.14 times.

Crompton Greaves Consumer Electricals Ltd. rose 0.53 per cent to Rs 292.2 in Monday's trade as of 12:08PM (IST) even as the benchmark Nifty ruled at 22400.75, down 92.8 points. The scrip had closed at Rs 290.65 in the previous session. The stock quoted a 52-week low of Rs 251.25 and a high of Rs 327.8. The company quoted a market-cap of Rs 18658.48 crore on the BSE.

Kotak Institutional Equities finds the recent rally in the PSU (Public Sector Undertaking) space flawed and advises investors to book profit and exit most of their positions. The brokerage firm, in its March 9 report, pointed out that PSU stocks have rallied without any significant change in their fundamentals as well as without any meaningful reforms.

Bank of Baroda traded at Rs 281.65 on BSE at 11:31AM (IST) on Monday, down 0.05 per cent. The stock quoted a 52-week low price of Rs 155.65 and a high of Rs 285.5. Earlier in the day, the stock saw a gap up opening.

electricity in India, accounting for nearly 3% of the total electricity generation. At present, India’s nuclear power generating capacity is 7,480 megawatts (MW), and the government plans to triple it to 22,480 MW by 2031 to meet its net-zero targets. To this end, it is inviting private investments worth ₹2.16 trillion (tn) and is already in talks with some major power sector players.

Gopal Snacks IPO: Subscription for the initial public offering (IPO) of Gopal Namkeen Limited opened on 6th March 2024 and will remain open till 11th March 2024. This means that bidding for Gopal Snacks IPO is going to end today and investors have just one day in hand to apply for the public issue. The FMCG company has fixed the Gopal Snacks IPO price band at ₹381 to ₹401 per equity share.

AI platform. Brian Keene, Abdi Nazemian and Stewart O'Nan said their works were part of a dataset of about 196,640 books that helped train NeMo to simulate ordinary written language before being taken down in October "due to reported copyright infringement." Also Read | Why Nvidia share price is plummeting after 80% rally in YTD — explained In a proposed class action filed on Friday night in San Francisco federal court, the authors said the takedown reflects Nvidia's having "admitted" it trained NeMo on the dataset and thereby infringed their copyrights.

stock broking app to place an order for Bank Nifty options, he was taken aback. “On 20 December, the broker’s app had a glitch when I placed some orders for a Bank Nifty option. The app didn’t show anything, whether my orders had been executed or rejected or were pending. My order book and position page didn’t get updated, nor did the funds page,” recounts Patil. Seeing his funds in place, Patil kept punching in his order, but nothing got updated. The order book and position tab got updated only a few minutes later, showing an open position, with a huge loss of Rs.37,000. Patil tried to exit that position, but the error kept recurring. Patil is not alone in his suffering. Today, more individuals are trading than ever before. A record number of investors have opened demat accounts in the past few years. A staggering 42 lakh new accounts were opened in December alone—50% higher than the previous month—taking the total number of demat accounts to 13.93 crore. The trading volume on stock exchanges has increased over tenfold since 2019-20. However, brokers are finding it tough to handle this frenetic activity. In recent months, users of several broking platforms have been crying foul after facing recurring outages and disruption in services. Uphill battle for users