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Kunj Bansal, National Institute of Securities Markets (NISM), says “there is a lot of money available in the market and in such a scenario even not so good companies with expensive valuation gets subscribed multiple times, leave aside good companies getting expensive valuations and getting oversubscribed. As a result one does not get any allotment in the IPOs and so instead, one should focus on the valuation at which one is comfortable for entering into such companies post listing.” TCS buyback has opened, the Rs 17,000-crore buyback and it is coming in at a premium of almost 20-25% from the current market price. Would you recommend people to tender their shares? These days the buybacks have become synonymous with dividends.

Day trading guide for today: On account of of strong GDP data, Indian stock market ended higher for fourth straight session on Friday. Nifty 50 index touched new life-time high of 20,291 and finished 134 points higher at 20,267 levels.

Russian firms are planning to enter into joint ventures (JVs) in India to set up units in the aluminium and beverage sectors that will give a big push to Make in India. Russia’s premium wine maker Boris Titov is entering into a JV with an Indian partner to set up a unit near Delhi to produce sparkling wine. “I was recently in India to discuss a business plan. I have received a positive response.

Congress in three state polls yesterday holds grave ramifications for its 2024 Lok Sabha campaign. There may be no direct correlation between a party's performance in assembly polls and the Lok Sabha polls that occur shortly after, but these elections do matter for both the winner BJP and the Congress so far as strategy for the 2024 Lok Sabha polls is concerned.

By Manoj Kumar

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Boeing, Spirit Aerosystems, and Constellation Brands; downgrades for Foot Locker and Airbnb.

BJP's) thumping victory in Rajasthan, Chhattisgarh, and Madhya Pradesh (MP) will continue into next year according to Railways, Information Technology, and Communications Minister Ashwini Vaishnaw. Speaking to Twesh Mishra over the phone on Sunday, Vaishnaw who was also the party co-incharge for the MP polls, said that the double-engine sarkar (centre and state being governed by the same party) and Prime Minister Narendra Modi's style of working have won the support of electorate. How would you sum up the performance of the BJP in the assembly elections of Rajasthan, Chhattisgarh, and MP? Modi ki guarantee par bharat ka bharosa! (The nation trusts the guarantees given by PM Modi!) The BJP has performed better than projections in the three states. To what do you credit this victory? PM Narendra Modi's working style of looking after the poorest of poor on the ground and the transformation of Madhya Pradesh under the double-engine government has reinforced public trust and faith in the party.

BJP made a decisive comeback in Chhattisgarh's Assembly polls on Sunday, winning 54 of the 90 seats in the fray, leaving the Congress with 35 seats in the head-on contest. The BJP's return to power in the state was powered by a well thought out populist election manifesto that had anti-corruption as its main poll plank. BJP won its highest-ever seat tally as it overtook its own performance in 2008 when the party had won 50 seats.

MUMBAI : Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore sum to ATM (automated teller machines) operator Transaction Solutions International (India) Pvt Ltd (TSI) in a structured credit transaction, a top executive said. The capital, raised against convertible securities, will help with TSI’s business expansion initiatives and accelerate its ATM deployment and other payment processing plans, the firm said. “With TSI, we had the opportunity to participate in a professionally led business within the high growth consumer payment sector.

The Bharatiya Janata Party (BJP) tightened its grip over India’s heartland with emphatic victories across three major states on Sunday, boosting the ruling party’s prospects of prevailing in next summer’s general election. The results also ring alarm bells for the Opposition, specifically the Congress party, which was outgunned and now faces uncomfortable seat-sharing talks with potential allies in the INDIA bloc.

The recent rescue of 41 workmen from the Silkyara tunnel, in the foothills of the Himalayas, transcended mere technical prowess. It was a testament to the spiritual currents coursing through the veins of Himalayas, a realm where sages and revered spirits have found solace for aeons. It can be said that the rescue's triumph emanated not only from the intricate manoeuvres of the execution team but from a deeper connection to the spiritual lineage entrenched in the Himalayan domain.

International Maritime Organisation (IMO) Council with the highest tally on Friday, and the term of council will be for the biennium 2024-25, according to an official statement. The statement said India's re-election falls under the category of 10 states with «the largest interest in international seaborne trade», alongside Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden, and the United Arab Emirates (UAE).

Dancing with the Stars season 32 approaches on ABC, fans eagerly await the December 5, 2023, finale when the winner will emerge triumphant, seizing the iconic Len Goodman Mirrorball Trophy and etching their name into the show's storied history.

BJP is set to form governments in Madhya Pradesh, Rajasthan and Chhattisgarh, Union Home Minister Amit Shah on Sunday said the results have proved that the days of appeasement and caste politics are over and that 'new India' votes on politics of performance. In a series of tweets, he said the BJP's massive victory is the public's seal of approval on the welfare policies and good governance of the government led by Prime Minister Narendra Modi. Results of Madhya Pradesh, Rajasthan and Chhattisgarh showed that the BJP will form the government.

Logistics automation player, NIDO Group India has said that it is aiming to reach revenues of Rs 700 crore in the next four years by March 2027. The company also said that it plans to expand its reach in smaller markets towns. “While the majority of NIDO Group’s revenues come from tier 1 markets, we are now witnessing some strong demand from warehouses based in smaller towns of the country.

Reacher" for a third season before Season 2 even hits the streaming platform on December 15. The renewal was revealed during the Prime Video Panel at CCXP in São Paulo, Brazil, where star Alan Ritchson, from the set of Season 3, conveyed the exciting news in a video. This decision reflects the streaming giant's unwavering confidence in the show's performance and growing global audience.

Narendra Modi applauded BJP's ‘historical and unprecedented’ performance on Sunday as BJP swept Assembly polls in three states. The PM greeted supporters at the BJP headquarters in Delhi as celebrations broke out in various parts of the country.

Kamal Nath said, "We will analyse the loopholes and why we were not able to make the voters understand our point. We will hold discussions will all, be it a winning or losing candidate..." Elections to the 230-seat Madhya Pradesh Assembly was a fight between the BJP and the Congress, which was toppled from power in 2020 with help from Jyotiraditya Scindia who defected to BJP from the Congress.

Narendra Modi ahead of general elections in six months. Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, and Mizoram voted last month. The poll panel had stuck to December 3 as the scheduled day for counting of votes in Mizoram as major political parties, civil societies organisation and others had urged the poll panel to change the counting date as it falls on Sunday, coinciding with church programmes.

India), has secured Rs 200 crore of investment from Piramal Alternatives. TSI has more than 14,000 ATMs under management and offers automated Bill Pay solutions for utility companies.

Nifty50 surged in all four sessions; it went on to move past the previous lifetime high of 20222.45 and managed to end at a fresh all-time high level. Amid high volatility, the trading range also got wider; the NIFTY moved in a range of 491.55 points through the week. While managing to maintain the gains, the headline index managed to close near its high point with net weekly gains of 473.20 points (+2.39%). While the markets rose, so did the volatility. The volatility, as represented by INDIAVIX, surged 9.29% to 12.38 on a weekly basis. From a technical standpoint, the Index remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go on to test the upper edge of the rising channel which translates into the levels of 20500—20650 zone. The spikes in the volatility may turn the market choppy; however, there are greater of the breakout getting extended and the Index testing the upper edge of the rising channel. After that, some consolidation cannot be ruled out. Monday is expected to see a positive and strong start to the week; the levels of 20400 and 20580 are likely to act as resistance. The supports come in at 20080 and 19900 levels. The weekly RSI is 65.90; it has marked a fresh 14-period high which is bullish. It stays neutral and does not show any divergence against the price. The weekly MACD is bearish and below its signal line; however, it looks on the verge of a positive crossover