Trade Financial News

IPO of Subam Papers will open for subscription today and close on October 3. The company aims to raise nearly Rs 94 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Japan's benchmark Nikkei share average tumbled more than 4% on Monday in reaction to a sharply stronger yen after perceived monetary policy hawk Shigeru Ishiba won the contest to become the country's prime minister. The Nikkei traded 4.11% lower at 38,191.13 as of 0020 GMT, while the broader Topix index shed 2.9%.

WOL 3D India will debut on the NSE SME platform today. Ahead of the listing, the stock was commanding a GMP of Rs 75 in the grey market. Considering the upper price band of Rs 150, the stock is expected to list with a premium of 50% over the issue price.

Manba Finance will debut on the exchanges today and the stock is expected to fetch healthy gains for investors, going by the grey market trends. Ahead of the listing, the company's shares were trading with a GMP of Rs 38 in the grey market. Considering the upper price band of Rs 120, the stock is expected to list at a premium of 32% over the issue price.

Sebi) is set to hold a crucial board meeting on Monday, its first gathering following the allegations of conflict of interest against chairperson Madhabi Puri Buch by US-based Hindenburg Research and India's Congress party. The board is likely to take cognisance of the conflict of interest accusations and the issues arising from the withdrawn press release on employee matters. Although these topics are not on the official agenda, they may be informally discussed, according to people with knowledge of the matter. «Between the last board meeting and Monday's meeting, any significant event concerning the institution, its board members, including the chairperson, has to be taken note of by the board,» said one of them.

hotel bookings around the India Expo Mart. According to a press release, exhibitors and visitors attending the International Trade Show got reserved accommodations in Greater Noida, resulting in a display of “fully booked” boards in all the major hotels. This led to demands of rooms in hotels based in Noida and Delhi, the release, issued by the state government, further claimed. Most exhibitors were happy with the success of the trade show, organized by the Yogi government in Greater Noida. The release claimed that the event brought good business opportunities for the exhibitors who participated in the show. The businessmen, who are associated with the hotel sectors, are hopeful that they would be benefitted by the conducive atmosphere for the trade and tourism available in the state in the current regime, according to the release.

Kamala Harris and former President Donald Trump may disagree on numerous issues, but they’ve both recognized the value of apprenticeships and trade schools as viable alternatives to traditional four-year college degrees. Both political figures are advocating for policies that encourage young Americans to pursue these routes to well-paying jobs, as mentioned in a report by USA Today. Recently, Kamala Harris announced her intent to reduce college degree requirements for federal jobs and urged private-sector employers to do the same if elected. Speaking in the working-class town of Wilkes-Barre, Pennsylvania, Harris emphasized the need to recognize the value of different career pathways beyond the conventional college route.

Subscribe to enjoy similar stories. The best week in 16 years for China’s stock market was built on hope. Worse, it was built on hope for more state intervention, one of the reasons its economy is in such trouble to start with.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Saturday 28 September 2024 – Mega Dice ($DICE) has announced that its presale will close on September 30, with a listing on Raydium at 15:00 CET.

In this article

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

minimum export price (MEP) of $490 per tonne. The exports of non-basmati white rice were prohibited since July 20, 2023. “The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) …is amended from prohibited to free, subject to MEP of $490 per tonne with immediate effect and until further orders,” the directorate general of foreign trade (DGFT) said in a notification.

Shanghai Stock Exchange will run tests on its auction and various other platforms on Sunday, the state-run Securities Times reported on Saturday, a day after an unexplained transaction delay. Friday's delay on trades at the benchmark Shanghai Composite Index coincided with a Chinese stock rally that followed official announcements of a slew of monetary, liquidity and fiscal stimulus this week.

This move comes as the nation, the world's largest rice exporter, sees an increase in rice inventories and prepares for the upcoming harvest season. The government initially banned the overseas shipment of non-basmati white rice on July 20, 2023, to enhance domestic supply.

Foreign Portfolio Investors (FPIs) have been net buyers of Indian equities at Rs 57,359 crore. The total investments by them now stand at Rs 1,00,245 crore on the year-to-date basis and is highest in nine months. In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month from July when the total purchase stood at Rs 32,359 crore. While in June, they were net buyers at Rs 26,565 crore after remaining net sellers in April and May when they sold equities worth Rs 8,671 crore and Rs 25,586 crore respectively.

Indian stock market is a dynamic and ever-evolving landscape, mirroring the broader economic shifts within the country and the global economic environment. As India continues its journey toward becoming an economic powerhouse, new themes are emerging in the stock market, presenting compelling opportunities for investors. These themes are shaped by a combination of technological advancements, government policies, changing consumer behavior, and global trends. This article explores some of the emerging themes in the Indian stock market.

Nifty ended with weak-on-weak gains of 1.5%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 14,602 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,448 crore led by Reliance Industries (RIL) with four block counts totalling to Rs 1,202 crore. The next in line were Tata Group’s Trent (939 crore), Jindal Steel (Rs 483 crore), State Bank of India (SBI, 396 crore), Bharti Airtel (Rs 321 crore), SRF (Rs 290 crore) and Infosys (Rs 230 crore).

markets rose by 1.7% this week, marking a third consecutive weekly gain, driven by favorable global and domestic factors. The positive momentum was fueled by the US Federal Reserve’s rate cut and steady economic data, leading to increased foreign investments. Additionally, China’s economic stimulus boosted global investor confidence, particularly in Asian markets. Metals and commodity stocks saw strong gains, while IT and export stocks rallied on hopes of a recovery in discretionary spending.