Experts Financial News

Page Industries Ltd. traded 0.22 per cent up in Thursday's trade at 11:36AM (IST). Around 477 shares changed hands on the counter.

Cochin Shipyard Ltd, part of the shipbuilding space, has rallied by about 20% in a month which helped the stock to breakout from a rounding bottom pattern on the daily charts. The breakout has opened room for the stock to head above 1500 levels in the next 3-4 months, suggest experts. The stock rose from Rs 1081 as on 17th November 2023 to Rs 1307 recorded on 19 December 2023 which translates into an upside of over 20% in a month. The stock hit a record high of Rs 1337 on 19 December. The stock faced resistance above 1200 levels in September 2023 and it failed to hold on to the momentum.

Crompton Greaves Consumer Electricals Ltd. traded 0.42 per cent up at Rs 298.3 at around 11:42AM (IST) on Thursday. The stock had closed at Rs 297.05 in the previous session.

crypto assets have quickly evolved as a mainstream financial choice of Gen Z and millennials. The enigmatic world of virtual digital assets (VDAs), despite their complexity, represents an unparalleled opportunity to Gen Z and millennials. A prime audience More than 80% of crypto trade in India is executed by these cohorts, making them prime drivers of crypto adoption in the country. They feel independent, often with a good share of disposable income, and are not bound by investment decisions of their parents (including real estate and gold). They have found a philosophical liking to the tenets of blockchain, decentralisation and the ability to grow a multiple on their portfolios in quick time. Going beyond speculation, they must demonstrate a tendency to build a portfolio for the long term. As crypto matures as an asset class in the future, so will their enthusiasts. For the young, navigating the complexities of the crypto space while maximising returns is possible if done methodically. Let’s understand how. Building a diversified portfolio

MphasiS Ltd. traded 0.47 per cent up at Rs 2632.05 at 11:47AM (IST) on Thursday, even as BSE benchmark Sensex gained 39.13 points to 70545.44.

Stock market today: Extending the bearish trend for second straight session, key benchmark indices of the Indian stock market are trading red in early morning deals on Thursday. However, small-cap and mid-cap indices are in green terriroty that may give a sigh of relief to the loss-making investors. Nifty 50 index today opened lower and went on to hit intraday low of ₹20,976 levels, logging around 475 points loss in last two sessions.

₹65 apiece. However, the shares jumped to ₹68.25 apiece within minutes of hitting the secondary market, indicating a premium of 5% over the issue price. The ₹24.6 crore SME (small and medium enterprise) IPO was open for subscription between December 14 and December 18, at a price of 65 per share.

Mint takes a look at the crisis and India’s stakes in it. Originating from northern Yemen, the Houthis have been embroiled in a decade-long civil war, gaining significant territorial control, including Sanaa, the capital. The Houthis are considered close to Iran and have maintained a hardline stance against Israel and the US.

rupee settled at 83.17 against the dollar. Lower greenback index weighed in favour of the local currency amid rising concerns over disruption in global trade through the Red Sea route, forex traders said. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) “Rupee is likely to appreciate today amid weak dollar, decline in US treasury yields across the curve and softening of crude oil prices.

₹1,008.59 crore from the initial public offering (IPO). Also Read: Happy Forgings IPO Day 1: Issue subscribed 2.31 times; retail portion booked 3x Let us check Happy Forgings IPO GMP today, subscription status and other key details: Happy Forgings IPO was subscribed 9.11 times on December 21, the third and the last day of the bidding process. The public issue received bids for 7.61crore equity shares as against 83.65 lakh shares on the offer, as per data available on NSE till 10:35 am.

Personal finance has to do with the way you handle your money. Everybody just simply wants a hack that can multiply their money manifolds. Amassing wealth is not like a two-minute instant noodle, it's a process that involves a balance of budgeting, saving, and investing. Of course, there are some thumb rules when it comes to personal finance. These thumb rules can be used by those who are just beginning their financial journey as well as others who are already on their path. There's no ‘one size fits all’ funda and these rules only provide you with a basic understanding.

RBZ Jewellers IPO: The initial public offering (IPO) of RBZ Jewellers Limited opened for subscription on 19th December 2023 and it will remain open till 21st December 2023. This means RBZ Jewellers IPO subscription will end today evening or in other words, investors have just one day in hand to apply for the RBZ Jewellers IPO. In two days of bidding, RBZ Jewellers IPO subscription status informs that the public issue has received strong response from investors.

₹1,224.40 apiece on the BSE. On December 20, DOMS Industries shares were listed with a hefty premium of 77.2% at ₹1,400 apiece on the NSE and the BSE against an issue price of ₹790. DOMS Industries IPO received a strong response from investors during December 13 to December 15 as the public issue was subscribed 93.52 times.

JN.1 is a descendant of the "pirola" variant BA 2.86, which by itself is an Omicron subvariant. JN.1 has an additional mutation receptor binding domain (L455S) compared to BA 2.86. JN.1 has extensive resistance across receptor binding domain classes 1, 2, and 3 and shows higher immune evasion as compared with BA 2.86 and other resistant strains.

Zee Entertainment Enterprises share price jumped 6 per cent in early trade on BSE on Thursday, December 21, a day after the company in an exchange filing signalled that Sony Pictures Entertainment and Zee Entertainment Enterprises will give themselves some more time for the proposed merger. "The company is now in receipt of a communication from Sony Pictures Networks India Private Limited (CMEPL) and Bangla Entertainment Private Limited (BEPL) that they will enter into good faith negotiations as required under the Merger Cooperation Agreement (MCA) entered amongst the parties, the company, CMEPL and BEPL, to discuss the extension of the date required to make the scheme effective by a reasonable period," said Zee in a BSE filing on Wednesday, December 20.

₹949.65 per share, 43.88% higher than the issue price of ₹660, and on the BSE, INOX share price today was listed at ₹933.15 apiece. INOX India IPO price band was set in the range of ₹627 to ₹660 per equity share of the face value of ₹2.

₹627 to ₹660 per equity share of the face value of ₹2. The floor price was 313.5 times the face value of the equity shares, and the cap price was 330 times the face value of the equity shares. The price-to-earnings ratio based on diluted EPS for the financial year 2023 for the company at the cap price is 39.22 times, and the floor price was 37.25 times.

INOX India IPO: Listing date of initial public offering (IPO) of INOX India Limited has been fixed on 21st December 2023 i.e. today. As per the information available on BSE website, INOX India share price will list on BSE and NSE in special pre open session during Thursday deals.

Catch Live Market Updates here The domestic indices witnessed a sharp sell-off on Wednesday with the Nifty 50 registering its biggest one-day fall in a year. On December 20, the Sensex slumped 930.88 points to end at 70,506.31, while the Nifty 50 ended 302.95 points, or 1.41%, lower at 21,150.15.

middle-class asset owners have begun writing their wills in late 30s or early 40s — an age bracket that doesn't necessarily spring to mind when one considers estate planning across generations. Successful individuals in this age bracket are increasingly seeking expertise and advice from lawyers and wealth management firms. The trend that began with the pandemic has now gained traction, with young professionals attaching as much importance to estate planning as they are to wealth creation. Mumbai-based virtual will writing and advisory firm, WillJini, has received about 7,000 queries in the last six months.

Oil prices fell on Thursday, as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions and geopolitical tensions in the Middle East. Brent crude futures fell 65 cents, or 0.8%, to $79.05 a barrel by 0120 GMT while U.S.