Booking Financial News

ESAF Small Finance Bank The public offer of ESAF Small Finance Bank (SFB) was booked 5x on the second day of the bidding process. The issue closes on Tuesday. The NII category was subscribed the most at 10.76x, followed by retail investors at 5.12x.

Bharat Forge share price spiked 4% on Monday after the company announced strong September quarter results. Bharat Forge shares jumped as much as 4% to ₹1,071.85 apiece on the BSE.

Tube Investments of India Ltd. traded at Rs 3146.4 on BSE at 12:33PM (IST) on Monday, down 1.67 per cent. The stock quoted a 52-week low price of Rs 2375.05 and a high of Rs 3737.15.

₹508 crore to Chhattisgarh Chief Minister Bhupesh Bhagel to set up his gambling business in Dubai. The video of Soni was released by the Bharatiya Janata Party ahead of the Chhattisgarh Assembly election. “Accused Shubham Soni sitting in Dubai has narrated the entire story of the Mahadev app in this video about who is connected to this betting app.

BSE and NSE at stellar 28 per cent premium during Monday deals. Cello World shares listed on BSE at ₹831 per equity share and went on to hit intraday low of ₹781.50 apiece within few minutes of stock listing.

Following the change, the bank currently offers interest rates ranging from 3% to 7.75% on deposits maturing in 7 days to 10 years. The maximum interest rate of 7.75% on deposits maturing on 549 days- 2 years for general citizens. PNB hikes FD interest rates on select tenures by up to 50 bps; these investors can earn 8.05%

LTIMindtree Ltd. fell 0.25 per cent to Rs 5119.4 in Monday's session as of 11:52AM (IST) even as the equity benchmark Sensex traded 367.2 points higher at 64730.98. Earlier in the day, the stock witnessed a gap up start to the session.

Southeast Asia's largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate environment.

Sanjiv Bhasin, Director, IIFL Securities, says “my bet would be PB Fintech. A disclosure, PB Fintech is a stock which we own. Paytm and Zomato are going to lead the charts. You can add a Devyani International, which we just suggested. But I would put my money on PB Fintech, at least for a 50% upside over the next one year.” Bhasin also says “I would definitely use any decline or even Friday’s closing as a buying opportunity in State Bank. Bank Nifty is grossly overdone on the pessimism side and will be the star in the next one month.” Looking at the global construct, it seems like we are headed for a happy Diwali? Well, that is what I have been saying that we are headed for a sparkling Diwali. The cricketers have actually added the sparkle and now it is the turn of the stock market. If you recollect from the last six months, I have been inviting you for a meal over to my son's restaurant and I was telling you what margin Zomato is making. So at Rs 50-60, it was a no-brainer and now we are seeing the upgrades. So cheers to Zomato earnings, cheers to the Indian stock market, the Indian cricket team and I expect a sparkling Diwali to add the icing on the cake.

Zerodha, which lost its No.1 status to rival Groww last month, on Monday reported another technical glitch. On its trading platform Kite, traders said the pages displaying their order book as well as positions was blank. «Due to an intermittent issue, some of our users are not able to see executed orders in the orderbook.

Protean eGov Technologies IPO: The initial public offering (IPO) of Protean eGov Technologies Limited has hit primary market today and it will remain available for bidding till 8th November 2023. The book build issue has been offered at a price band of ₹752 to ₹792 per equity share. The company aims to raise ₹490.33 crore from its public offer, which is completely offer for sale (OFS) in nature.

₹apiece on the BSE. India’s largest commercial bank, SBI reported an 8% year-on-year jump in its net profit for the second quarter of FY24 at ₹14,330 crore from ₹13,264.5 crore in the corresponding quarter of last fiscal. SBI’s net interest income (NII) in Q2FY24 rose 12.3% to ₹39,500 crore from ₹35,183.4 crore in the year-ago quarter.

stock market. The SME stock listed at ₹107 per equity share, which is Re 1 below the issue price of ₹108 per share. This means the BSE SME stock listed at Re 1 discount opening session of the SME IPO.

Total auto sales in October stood at 21,17,596, down 7.73% from a year earlier but it rose 12.51% from 18,82,071 sold in September, according to FADA data. «The month commenced under the shadow of the inauspicious Shraddh period, persisting until the 14th.

movement are unknown, a book ‘Your Money or Your Life’ written by Vicki Robin and Joe Dominguez in 1992 popularised some of the concepts of FIRE. A deep aspiration to retire early and become financially independent is not uncommon in the corporate world these days since the knowledge workers are made to slog round-the-clock for their daily bread.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market ended higher for second straight session on Friday. Nifty 50 index gained 97 points and ended at 19,230 levels, BSE Sensex shot up 282 points and finished at 64,363 mark while Bank Nifty index went up 301 points and closed at 43,318 levels.

Money earned is income, or flow. It is a payout that an asset offers. Human assets earn incomes or salaries; real estate earns rent; equity earns dividend; debt earns interest; gold earns nothing.

By Louis Juricic and Sarina Isaacs

₹50 crore in revenue. In its qualified opinion on Pristyn Care’s internal controls, the auditor noted material weaknesses related to three areas: pricing for hospitals and patients, agreements with doctors and the vendor selection process.

Bank of India and Bank of Baroda are working to boost their current and savings accounts ratio (CASA), following the decline in the share of low-cost deposits across the board. For instance, SBI is concentrating on opening more current accounts. Dinesh Khara, chairman, SBI, said at the second quarter earnings that the bank is not looking to revise its savings deposit rates to improve CASA.

The Summer I Turned Pretty for its much-anticipated third season. In an industry plagued by strikes and uncertainties, Prime Video's early commitment to the third season comes as a ray of hope for fans. However, production is currently in a holding pattern, eagerly awaiting the resolution of ongoing negotiations.