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₹52 to ₹55 per share. The issue witnessed a stellar response from investors and was subscribed 117.39 times on the final day of bidding on December 29. It had received bids for 38,97,20,000 shares as against 33,20,000 on offer.

New Delhi, December 29, 2023 —In a thrilling New Year revelation, CubotSmartphone.com announces an unprecedented offer for Indian buyers to acquire the all-new CUBOT 5G Smartphone, featuring 16 GB RAM and 256 GB storage, at an unbelievable price of only ₹4999. Pre-booking has already commenced on the official website: cubotsmartphone.com. CubotSmartphone.com, a leading name in innovative mobile technology, is proud to present the New CUBOT 5G Smartphone, a budget-friendly powerhouse that promises to redefine the smartphone experience in India.

Also Read- Tata Consumer becomes sixth Tata Group stock to surpass ₹1 lakh crore market cap The broader markets too have not only seen handsome gains during 2023 but outperformed the benchmark with Nifty Mid cap index gaining more than 50%. PFC, REC IRFC with gains of more than 200% were biggest mid cap gainers. Nifty Bank rose for the third consecutive year but relatively underperforms, up 12.34%.

soul searching and rebooting for Indians. A recent Booking.com survey that sought to uncover travel trends for 2024 found that travel is no longer considered an escape for young Indians but a catalyst for experiencing their best lives. 68 per cent of those surveyed (over 27,000 travellers across 33 countries) said they would be willing to rent a superior car for their travels, indicating a willingness to spend more to live their best lives.

Andrew Moor: Definitely, most people can. The employment rate is staying strong so people have income and they’ll be able to pay their mortgages. It may require putting in a bit of an extra effort or an extra shift. It may require reducing spending elsewhere. But I think the vast majority of people can handle their mortgage payments, there’s no doubt. There are some who got caught out a little bit on variable-rate mortgages in the rising-rate environment — perhaps things were a bit tight in the first place and maybe the income isn’t coming in quite as strongly — so some people will have some challenges but the vast majority of Canadian mortgage holders will be able to handle it quite comfortably.

Gaurav Bissa, VP, InCred Equities, says, “going forward, largecaps, especially larger banks like Kotak Bank and HDFC Bank will drive the markets going forward. So, the view remains positive. It is a buy-on-declines market. But the kind of move that we have seen from lower levels of 15,000 to higher levels of almost 22,000 that might not get repeated. But the overall sentiment will remain positive.” With 2023 coming to an end and markets gaining close to around 20% in this calendar year, what is your target for 2024 for Nifty? Gaurav Bissa: Our targets for mid-2024 were 21,000-21,500, those have been surpassed ferociously in 2023 itself. And now, I do not see we can have a similar kind of upside where in six months we can have 2,000-3,000 points coming in, even more than that. But yes, more towards 22,500 cannot be ruled out on the higher end. 20,000 is where Nifty can head towards. And largecaps will now take a front seat at least for next few months, where we have seen a very robust upside in midcaps and smallcaps.

High Court of Karnataka has directed the state not to take coercive action against RSS leader Kalladka Prabhakar Bhat for his speech on December 24 in Srirangapatna, allegedly insulting Muslim women. The vacation bench of Justice Rajesh Rai, who heard the petition by Bhat, on Thursday issued notices to the state and the complainant in the case and directed the State Public Prosecutor not to take coercive action till the next date of hearing.

food. The celebration will be extravagant in Jardines del Humaya (Humaya Gardens), which is the country’s most visually spectacular burial ground. It is in the north-western state of Sinaloa, a hub of Mexican drug gangs, which started off growing marijuana before turning to cocaine trafficking and, more recently, fentanyl.

₹3000 Crore, there will be an offer for sale of up to 3,200,000 Equity Shares having face value of ₹10 each. Also Read- Trident Techlabs share price lists at ₹98.15 on NSE SME- a stellar 180% premium over the issue price Of these 3,200,000 shares under the offer for sale, up to 2,700,000 Equity Shares are being offered by Waaree Sustainable Finance Private Limited (formerly known as Mahavir Thermoequip Private Limited), Promoter Selling Shareholder.

1. Financial literacy: Anshul Arzare, MD and CEO, Yes Securities, believes that staying updated, mitigating risks, being persistent, planning, and budgeting, are essential ingredients for financial success. 2. Caution against unforeseen occurrences: Arzare also advised that it's prudent to anticipate unforeseen occurrences, such as the existing geopolitical tensions and the recovery challenges faced by developing nations post Covid.

Tata Motors share price has doubled in 2023, making it the only stock in the Nifty 50 index to achieve this feat this year. Tata Motors share price opened at ₹755 against the previous close of ₹753.90 and jumped 6.5 per cent to hit its fresh 52-week high of ₹802.90 on the NSE in an otherwise weak market. With this, the stock's year-to-date gain surged to 107 per cent.

₹4.10 per share. However, the stock witnessed strong buying interest post listing and went on to touch an intraday high of ₹542.50 apiece on NSE.

Benchmark Nifty 50 rallied over 8% in the December derivative series, clocking its best gains in a series since February 2021. This was also the highest series gain by the index in 2023. Further, foreign institutional investors significantly increased their net long positions, taking the long-short ratio sharply higher to 2.28 at the beginning of the January series from 0.56. Open interest in Nifty January futures at over Rs 301 billion or 13.9 million shares, is the highest seen since the April derivative series, pointed out analysts. The base with which the new year and the January series begin shows the ultra-bullish sentiment prevailing in the market. However, most analysts have sent out a word of caution and believe that a trend reversal is quite possible in the current series. “It’s quite evident that FIIs, previously leaning towards a short bias, have now pivoted strongly towards a long bias and their current index future long positions make up nearly 70% of the total open interest.

Avenue Supermarts Ltd. traded at Rs 4045.0 on BSE at 01:08PM (IST) on Friday, 0.0 per cent. The stock quoted a 52-week low price of Rs 3292.65 and a high of Rs 4205.0.

Swan Energy's board has approved raising Rs 4,000 crore through the issuance of equity shares or any other eligible securities. The decision was made during the board meeting held on December 28, 2023. Following the board's approval, the company will seek the requisite approval for fund-raising from its shareholders through an extraordinary general meeting (EGM). Swan Energy recently announced that it has made a repayment of Rs 40 crore debt towards its entire fund-based facilities of the textile unit to the consortium of banks led by Union Bank of India comprising Bank of Baroda, Punjab National Bank, and Mehsana. This move is part of Swan Energy’s commitment to significantly reduce the debt position in its books. «The debt repayment demonstrates Swan Energy’s goal to further strengthen the financial position by efficiently managing the financial obligations,” the company said. Swan Group has a presence in the textile, real estate, oil and gas, and petrochemical sectors.

NSE SME platform on Friday. The stock was listed at Rs 98 on NSE. Ahead of the listing, the company's shares were trading with a premium of Rs 31 in the unlisted market.

DMI Finance and Aditya Birla Finance are trying to scoop up fintech lending startup ZestMoney in a firesale, two people in the know of the matter told ET. The talks are still going on but the deal could get signed soon, they added.

₹6,000 a night, according to ratings agency Icra. Hotel revenues saw a robust 20% increase over 2022 while operating margins surpassed the 30% mark. Occupancy rates for top hotel firms, with an inventory of 70,000 rooms, are expected to rise by 10% compared to the previous year, to 74%, according to Crisil.

Mazagon Dock Shipbuilders Ltd (MDSL) has been on an order-bagging spree of late. On 20 December the company signed a contract worth ₹1,600 crore with the Ministry of Defence – its third order win just this month. MDSL is among the key beneficiaries of indigenisation in the defence sector and its robust order prospects are attracting investors, causing its stock to jump 186% just this year.

The retail portion of the issue was booked 36 times, followed by NIIs at 22.82 times and the QIB part at 2.23 times. Kay Cee Energy GMP In the grey market, the company's shares are trading with a premium of Rs 45 in the unlisted market, nearly 83% higher than the issue price. Kay Cee Energy IPO price band The company is offering its shares in the range of Rs 51-54 for the IPO, which is entirely a fresh equity issue of 29.5 lakh shares.

Sachin Tendular net worth: Azad Engineering share price today opened on NSE at ₹720 apiece levels, delivering over 37 per cent listing premium to the lucky allottees of its initial public offer. However, one of its ace investors and cricketing icon Saching Tendulkar earned much higher than the allottees becuase he chose to invest in the company nine-month ago in pre-IPO time. As per the information available in DRHP of Azad Engineering IPO, Saching Tendulkar's average cost of one share in the company is around ₹114.10.