Booking Financial News

Marinetrans India IPO listing: Shares of Marinetrans India Limited listed on NSE SME Emerge platform at ₹30 per share levels, delivering 15.4% premium against the issue price of ₹26 per equity share. However, profit booking soon triggered and Marinetrans India share price hit 5 per cent lower circuit at ₹28.50 apiece levels within few minutes of stock listing. Marinetrans India shares have logged 8.56 lakh trade volume in first 13 minutes of share listing.

DLF Ltd. gained 1.24 per cent to Rs 656.8 in Friday's session as of 10:20AM (IST) even as the equity benchmark Sensex traded 300.57 points higher at 69822.26. Earlier in the day, the stock witnessed a gap up start to the session.

While banks had raised their fixed deposit (FD) rates, the increases have not been close to the repo rate’s 2.5% rise. The RBI had raised its concerns about a shortfall in transmission in the interest rates. Banks have been facing tighter liquidity conditions and higher credit growth, which have also been pushing the rates up in the short term.

Liechtenstein, died “unexpectedly” at the age of 51 on Tuesday.The Princely House of Liechtenstein announced the sudden passing in a statement Wednesday. The cause of death was not revealed.Prince Constantin was seventh in line for the throne.The prince’s eldest brother, Hereditary Prince Alois, is first in line to succeed their father Hans-Adam II, the reigning Prince of Liechtenstein.

F&O ban list: A total of seven stocks have been put under the ban for trade on Friday, December 8, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

RBI) as equity benchmarks Nifty 50 and Sensex snapped their seven-day winning streak in the previous session. Profit booking in select heavyweights, sell -off by foreign investors amid weak global cues contributed to the fall in markets on Thursday, December 7. Nifty 50 index closed at 20,901.15, down 37 points, or 0.17 per cent and the 30-share Sensex settled 132 points, or 0.19 per cent, lower at 69,521.69.

Stock market today: Following weak global sentiments after a retreat on Wall Street, Indian stock market snapped seven days winning streak on Thursday. Nifty 50 index ended 36 points lower at 20,901 levels, BSE Sensex lost 132 points and closed at 69,521 mark whereas Bank Nifty finished marginally higher at 46,841 levels. In broad market, both small-cap and mid-cap indices climbed to a new high.

unsecured loans, industry executives said. This follows the central bank’s strictures in mid-November requiring financial institutions to increase risk weights, or capital outlay, for unsecured consumer loans by 25%.

Life Insurance Corp (LIC) is stepping up activity in a space where banks are wary of a hawkeyed regulator and higher capital needs, with the country's biggest institutional investor in tradable securities recently buying debt issued by highly rated non-banking financial companies and corporates, including Reliance Industries. LIC subscribed to a lion's share of Reliance's ₹20,000-crore bond sale last month, while also taking up a major portion of a bond sale earlier this week by Tata Capital Financial Services (TCFSL), a subsidiary of Tata Capital, sources aware of the developments told ET. LIC had bought ₹13,000 crore of RIL's bonds, the sources said. The insurance sector giant is also said to have deployed funds in a September bond sale by another highly-rated NBFC — L&T Finance, the sources said. An email sent to LIC did not receive a response by the time of publication.

Sotheby’s has announced the start of its inaugural Bitcoin Ordinals sale, an online auction showcasing three items from the BitcoinShrooms NFT collection.

₹1 crore to ₹20 lakh. “The direction of the whole-time member restraining the appellant (IIFL Securities) from taking new clients for a period of two years is set aside," said a SAT bench led by Justice Tarun Agarwala in a 35-page order. “The penalty imposed by the adjudicating officer is reduced to ₹20 lakh.

₹400 crore via this issue and there is no offer-for-sale component. The allotment for the Suraj Estate Developers IPO is expected to be finalized on Thursday, December 21, 2023. The shares are proposed to be listed on both NSE and BSE with a tentative listing date fixed as Tuesday, December 26, 2023.

Your Christmas or Mine 2, the sequel to the original film, is set to debut on Prime Video this week.

₹481. They said that the bull trend on Dalal Street and overcrowded primary market could be the possible reason for such rise in grey market sentiments. DOMS IPO issue date - The public issue will open on 13th December 2023 and it will remain open till 15th December 2023.

₹40 crore being pulled out of the PMS every day. Yet, on the fifth anniversary of his PMS, Mukherjea should be a worried man. But, is he? Through his engaging communication style and books like Coffee Can Investing, Mukherjea had already made a big name for himself in India’s stock market by the time he launched Marcellus in 2018.

₹273.5 trillion as on June this year, 68.3% is in large-cap stocks (top 100 stocks), 16.6% is in mid-cap stocks (101 to 250 stocks) and 15.1% is in small cap stocks (beyond 250). Another issue is that all m-cap approach portfolios, including large-, mid-, and small-cap, are correlated, offering lesser diversification to investors within the equity portfolio.

(Reuters) -JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 12% higher in morning trading.

By Pablo Mayo Cerqueiro, Emma-Victoria Farr and Amy-Jo Crowley

Indian Overseas Bank led the gains with a 3.4% increase, trailed by Indian Bank and Punjab National Bank, recording gains of 3.1% and 1.6%, respectively. Also Read: Nifty 50, Sensex snap 7-day winning streak; mid, smallcaps outperform; RBI MPC outcome in focus According to domestic brokerage firm Motilal Oswal, the recent strong performance of the BJP in state elections has instilled confidence of political stability for 2024. This positive outlook bodes well for India's macroeconomic and policy momentum, especially considering the country's leading growth among major economies in terms of both GDP and corporate earnings.

BPCL and HPCL, and an Accumulate rating on IOCL. This recommendation is based on factors such as a super normal Gross Refining Margin (GRM) becoming the new normal, a well-diversified crude basket with substantial discounts for Indian refiners, anticipated bumper dividends from OMCs, and the government's budgeted capital infusion of ₹30,000 crore, guaranteeing the protection of book value and a reduction in the net debt to EBITDA ratio, explained the brokerage. It has a target price of ₹550 for BPCL, implying an over 25% upside.

Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter.