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Bonus shares effect: A long term investors not just gain from stock price appreciation but from other rewards like dividend, bonus shares, stock split, buyback of shares, etc. At one look these rewards that a listed company announces from its capital reserves may not look attractive but in long term these rewards lead to whopping return in one's long term shareholding. Those who believe in examples, they can look at Mitsu Chemplast shares.

₹52.80 crore worth Hi-Green Carbon IPO comprises a fresh issue of 59.9 lakh equity shares aggregating to ₹44.93 crore and an offer for sale (OFS) of 10.5 lakh shares aggregating to ₹7.88 crore. Also Read: Mangalam Alloys IPO: GMP, subscription status, review, other details in 10 points Hi-Green Carbon IPO price band is fixed at ₹71 to ₹75 per share. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹120,000.

«As far as the banking index is concerned that index is already at the support area of 45000 so on the closing basis something which we should look at because the kind of volatility that we have seen in the last few days it has been quite fast,» says Rahul Sharma, JM Financial Services.Just wanted to begin by discussing the market texture with you because after that 20200 level we have suddenly slipped down all the way to 19750, what do you make of this, is it just the weekly options expiry move or this was the consolidation that the markets needed?There are two sides to every market move, so the good side is the correction is happening fast. The bad side is the correction is pretty steep in terms of number of points but that is something that we can expect considering the way we moved from 19200 odd to 20200. Now the crux of the whole situation is the entire bullish setup should remain intact as long as we do not breach 19600 on a closing basis. So like you said it could be an expiry related over reaction on the downside but my sense is we should be looking at cherry-picking some of the stocks and sectors which standout in spite of the broader market fall.

Infosys to train 50k employees on Nvidia AI stack Infosys share price has significantly underperformed its sectoral index BSE IT and the benchmark Sensex in the last one year. While the BSE IT is up about 21 per cent in the last one year, Infosys share price is up only about 8 per cent. The Sensex has gained nearly 12 per cent in the same period.

Mangalam Alloys IPO Dates: Mangalam Alloys IPO opened for subscription today, on September 21 and will close on September 25. Mangalam Alloys IPO Allotment: The company will finalise the basis of IPO allotment on September 29 and initiate refunds on October 3, while credit the shares in the demat accounts of eligible allottees on October 4. Mangalam Alloys IPO Listing Date: Mangalam Alloys shares are proposed to be listed on NSE SME with tentative listing date on October 5.

Also Read: Sai Silks Kalamandir IPO: Sai Silks IPO subscribed 7% on day 1; retail portion booked 12% Sai Silks IPO comprises a fresh issuance of ₹600 crore worth of shares and an offer for sale (OFS) of up to 2.70 crore equity shares by promoter and promter group. The company intends to use the net proceeds from the offering to finance capital expenditures for the establishment of 30 additional stores and two warehouses, as well as for working capital needs, debt repayment, and general corporate purposes. Motilal Oswal Investment Advisors Ltd, HDFC Bank Ltd, Nuvama Wealth Management Ltd are the book running lead managers to the offer.

Stock market today: EMS share price today listed on BSE and NSE at a stronf premium despite Indian stock market extending its slide on third day in a row. EMS share price today opened on BSE at ₹281.55 apiece levels whereas it opened on NSE at ₹282.05 apiece levels, delivering over 33 per cent listing gain to the lucky allottees against the EMS IPO price band of ₹200 to ₹211 per equity share.

West Coast Paper Mills climbed 4% to Rs 697 in Thursday's trade on BSE after the firm said that it has received preliminary verbal approval from the National Company Law Tribunal (NCLT), Chennai Bench, for its resolution plan submitted to acquire Uniply Decor. «Our consultant, Lagrange Point Advisors LLP, an investment banking firm based in Mumbai, informed us that the resolution plan to acquire Uniply Decor has been approved verbally by the Chennai Bench of the NCLT. The approval has been received under the provisions of Insolvency and Bankruptcy Code, 2016,» West Coast Paper Mills said in an exchange filing. The resolution plan, submitted by West Coast Paper Mills Ltd and previously approved by the Committee of Creditors of Uniply Décor Ltd, marks a crucial step towards the company's expansion and diversification efforts. At 11.04 a.m., the scrip was trading 3.4% higher at Rs 693 on BSE.

Gold rate today: Despite rate pause decision in US Fed's meeting on Wednesday, gold price today is under sell off pressure. Gold future contract for October 2023 expiry on Multi Commodity Exchange (MCX), opened lower at ₹59,315 per 10 gm levels and went on to hit intraday low of ₹59,004 levels within few minutes of commodity market's opening bell today.

HDFC Bank share price extended decline for the third straight session on Thursday amid heavy selling in the banking heavyweight. HDFC Bank shares fell as much as 1.65% to ₹1,538.05 apiece on the BSE. HDFC Bank stock has lost more than 7% this week so far.

Indian stock market Wednesday. Meson Valves shares were listed with a hefty premium of 90% at ₹193.80 apiece on BSE SME as against its issue price of ₹102 per share.

Amitabh Mohanty, MD and CEO of JM Financial Mutual Fund believes India is on a multi-decade growth path and the impact of global economic slowdown could be limited on the country. In an interview with Mint, Mohanty shared his views on markets, the economy and the sectors he finds promising. The process of investment remains the same for most investors. Disciplined asset allocation after proper analysis of risk appetite and time horizon of investment, could deliver results.

₹59,3155 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,315, and a low of ₹59,004. Around 10:05 a.m., MCX Gold for October 5 delivery traded 0.60 per cent lower at ₹59050 per 10 grams. Silver price today opened slightly higher at ₹72,970 per kg on MCX and went on to hit an intraday high of ₹72,970, and a low of ₹72,195.

Signature Global IPO: The initial public offering (IPO) of Signature Global opened for subscription on Wednesday and it will remain open for bidders till 22nd September 2023 i.e. on Friday this week. The realty company aims to raise ₹730 crore from its public offer and it has fixed Signature Global IPO price band at ₹366 to ₹385 per equity share.

SJVN share price cracked 10 per cent in early deals on Thursday on BSE as the offer for sale (OFS) for non-retail investors opened. Retail investors can bid in the OFS tomorrow on Friday. The stock opened at ₹74.69 against the previous close of ₹81.75 and cracked 10 per cent to hit the level of ₹73.53 on BSE.

Day trading guide for today: Following mixed global market sentiments, key benchmark indices of the Indian stock market finished lower for second day in a row on Wednesday. NSE Nifty finished 231 points lower at 19,901 levels, BSE Sensex shed 796 points and closed at 66,800 mark whereas Bank Nifty index dipped 595 points and closed at 45m384 levels. In broad market, small-cap index slipped 0.51 per cent while mid-cap index corrected 0.33 per cent.

GST portal >> Go to ‘Report ITC Reversal Opening Balance’ 2)Go to ‘Services’ from the homepage >> Go to ‘Ledger’ >> Click on ‘Electronic Credit Reversal and Re-claimed Statement’ >> Click on ‘Report ITC Reversal Opening Balance’ Archit Gupta listed five essential measures that will help taxpayers manage ITC reversals and reclaim better -A thorough reconciliation is to be done from April 2022 till date to determine ITC claimed, reversed, reclaimed, ineligible ITC, and pending reclaims and arrive at the opening balance for the ITC reversal statement. -A separate ledger is to be created in the books of accounts, if not practiced earlier, for all ITC reversals and reclaims going forward.

Indian stock market indices, Sensex and Nifty 50, are likely to open lower Thursday following weak global cues. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,846 level as compared to the Nifty futures’ previous close of 19,972.

EMS IPO: Listing date for the initial public offering (IPO) of EMS Limited has been fixed on 21st september 2023. As per the information available on BSE website, "...effective from Thursday, September 21, 2023, the equity shares of EMS LIMITED shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities." So, EMS shares are going to debut on Dalal Street in special pre-open session during Thursday deals and EMS share price would become available for trade from 10:00 AM on Thursday session.

Buy or sell stocks for today: Following mixed global cues, Indian stock market ended lower for second straight session on Wednesday. Nifty 50 index went down 231 points and ended at 19,901 levels, BSE Sensex corrected 796 points and ended at 66,800 levels whereas Nifty Bank index nosedived 595 points and finished at 45,384 mark.

The U.S. Food and Drug Administration declined to approve a nasal spray to treat severe allergic reactions, calling for more research on what would have been the first alternative to injections using devices such as an EpiPen