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29.12 / 02:38
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AIK Pipes And Polymers IPO allotment expected soon. Latest GMP, how to check status
₹15.02 crore from the issue which was entirely a fresh issue of 16.88 lakh shares being sold at a price of ₹89 per share. AIK Pipes IPO allotment is expected to be finalized today on Friday, December 29. AIK Pipes And Polymers shares will list on BSE SME with a tentative listing date fixed on January 2, 2024.
28.12 / 16:27
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SEBI seeks to amend rules for market rumour verification, floats consultation paper
Securities and Exchange Board of India plans to amend certain regulations pertaining to the verification of market rumours. Regulations about rumour verification were introduced by the capital market regulator to avoid false market sentiment or impact on the securities of any listed entity.
28.12 / 15:08
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Karnataka news: Third incident of students cleaning toilet surfaces, minister's assurances go in vain
PTI. The video showed some students of the government school cleaning and scrubbing toilets, which led to protest from parents. In December, this is the third such incident in the state.
28.12 / 10:53
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Record run continues! Sensex surges 370 points, Nifty ends above 21,750
The 30-share BSE benchmark Sensex advanced 372 points or 0.52% to settle at 72,410. The broader NSE Nifty surged 124 points or 0.57% to end at 21,778. Among the Sensex stocks, NTPC, M&M, Power Grid, and Nestle were the top gainers, rising 2-3%.
28.12 / 10:14
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Nifty rejig impact: Adani Enterprises, Adani Ports shares fall; $95 million outflows likely
Nifty 50, Nifty Bank, and Nifty IT are among the key indices tracked by passive index funds and would see a rebalancing as part of the quarterly review. The changes will come into effect from Friday. Among Nifty stocks, The weightage of Adani Enterprises may reduce to 0.8% from 1%, while that of Adani Ports to 0.8% from 0.9%. Adani Enterprises is likely to see outflows of $71 million while Adani Ports will see outflows of $24 million, according to analysts’ predictions. Shares of Adani Enterprises and Adani Ports fell 0.6% and 0.3%, respectively ahead of the rebalancing.
28.12 / 09:29
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Kay Cee Energy & Infra IPO opens: Check GMP, subscription status, other details of SME issue
Also Read: Firstcry's parent Brainbees Solutions files IPO papers with Sebi Let us check Kay Cee Energy IPO subscription status, GMP and other key details: Kay Cee Energy IPO opened for subscription on Thursday, December 28, and will close on Tuesday, January 2, 2024. The IPO allotment is expected to be finalized on January 3 and the shares of Kay Cee Energy & Infra will list on NSE SME with a tentative listing date fixed on January 5, 2024. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Kay Cee Energy & Infra IPO size is ₹15.93 crore which is entirely a fresh issue of 29.5 lakh shares.
28.12 / 08:44
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RBI’s 2023 in Review: From stable repo rates to tighter loan norms, 5 key policy changes by Shaktikanta Das & Co
Also Read: Stock market in 2023: Here are 10 key milestones achieved by Indian stock market this year The central bank also announced a slew of important developmental and regulatory policies this year for the financial sector in the country. Here are top 5 policy announcements by the RBI this year: The RBI began 2023 with an increase in repo rate during its February monetary policy, the first for this calendar year 2023. It hiked the lending rates by 25 bps to 6.50% to counter the surging inflation.
28.12 / 07:23
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Stock market in 2023: Here are 10 key milestones achieved by Indian stock market this year
BSE has surpassed ₹366 lakh crore, underscoring the significant growth and value within the market. December 2023 has emerged as the best month in terms of returns for the Indian market. The Nifty 50 has recorded a remarkable surge of over 7% within the month, constituting the most substantial monthly rally observed throughout the year.
28.12 / 04:34
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Azad Engineering share price makes a strong debut; list with over 37% premium at ₹720 apiece on NSE
₹720 apiece on the National Stock Exchange (NSE), a premium of 37.40% to the issue price of ₹524 per share. On BSE, Azad Engineering shares began trading at ₹710.00 apiece, witnessing a premium of 35.50% to the issue price. Azad Engineering IPO received strong demand from investors across all categories as the public issue was subscribed 83.04 times in total.
28.12 / 04:02
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Nifty 50 rejig today: Bajaj Finance, HDFC Bank, Reliance among stocks to see weight rebalancing
Bajaj Finance will rise to 2.1% from 2% earlier. Reliance Industries and ICICI Bank will see a minor addition of 0.03% in their weightage.
28.12 / 03:41
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Indian stock market: 6 things that changed for market overnight - Gift Nifty, drop in oil prices to rally in gold rate
Catch Live Market Updates here Strong domestic macro data, easing oil prices and supportive global market cues helped Indian stock market indices scale record high in the previous session. On Wednesday, the Indian equity market ended higher for the fourth consecutive session led by across-the-board buying, reflecting investors’ high-risk appetite. The Sensex ended 701.63 points, or 0.98%, higher at 72,038.43, while the Nifty 50 gained 213.40 points, or 1%, to settle at 21,654.75.
28.12 / 03:35
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 28
Catch Live Market Updates here On December 27, the Indian equity market ended higher for the fourth consecutive session led by across-the-board buying. The Sensex ended 701.63 points higher at 72,038.43, while the Nifty 50 gained 213.40 points, or 1%, to settle at 21,654.75. Nifty 50 formed a long bull candle on the daily chart that closed at the all-time highs.
28.12 / 02:07
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Azad Engineering listing date today: Check latest GMP and other details
Azad Engineering will debut on the exchanges today. Ahead of the listing, the company's shares are trading with a premium of Rs 172 in the unlisted market. The company's shares are likely to list at a premium of 33%.
28.12 / 01:38
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Innova Captab IPO allotment status out. Latest GMP, how to check application status
BSE and NSE. The investors can check Innova Captab IPO allotment status on the portal of IPO registrar and also on the websites of stock exchanges BSE and NSE. Innova Captab IPO registrar is Kfin Technologies Ltd.
27.12 / 11:50
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Nifty Bank hits a fresh record high! Next target seen at 48,500 levels: Experts
Nifty Bank closed higher on Wednesday for the second consecutive day in a row pushing the index to a fresh record high in line with the trend seen in the benchmark index. The Nifty Bank rallied more than 500 points to close at 48,282. The index hit a record high of 48,347.
27.12 / 09:51
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FirstCry reports 6x jump in net loss at ₹486 crore in FY23; revenue surges 135% YoY ahead of IPO
₹486 crore from ₹79 crore in FY22, reports said. The company’s revenue from operations during the financial year 2022-2023 increased 135% to ₹5,633 crore from ₹2,401 crore in FY22 led by strong demand. Its ROCE stood at -7%, while EBITDA margin was at -2%.
27.12 / 09:45
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Supreme Power Equipment IPO allotment to be finalised today. Latest GMP, how to check status
Also Read: Happy Forgings share price lists with 17.8% premium at ₹1001.25 apiece on BSE The ₹46.67 crore worth Supreme Power Equipment IPO is entirely a fresh issue of 71.8 lakh shares sold at a price band of ₹61 to ₹65 per equity share. The investors can check Supreme Power Equipment IPO allotment status on the IPO registrar’s website and also on the NSE website. Purva Sharegistry India Pvt Ltd is the Supreme Power IPO registrar.
27.12 / 09:20
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Metal stocks extend winning streak to 4th session; what’s attracting the bulls?
Metal stocks rallied for the fourth consecutive session on Wednesday, which saw the Nifty Metal index hitting a lifetime high. Rollover of positions to the January derivative series and a reversal in the dollar index are aiding the up move in the stocks in the sector. In four sessions, the Nifty Metal index has gained nearly 6% and hit a lifetime high of 7863.75 points. Among base metals, Hindalco Industries rose more than 3% and scaled a 52-week high of Rs 603. National Aluminium Co rose over 1% to Rs 116.85. Steelmakers across the board gained, with Tata Steel, Steel Authority of India, and JSW Steel rising 1-2%.
27.12 / 08:55
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SME IPO: Shanti Spintex share price hits 5% upper circuit after listing
Shanti Spintex debuted at a premium of 8.6% on the BSE SME platform after a successful IPO. The stock then rallied further to hit the upper circuit of 5% at Rs 79.8 on Wednesday. The company offered its shares at Rs 66-70 for its Rs 31.25-crore IPO, which opened on December 19 and closed on December 21. The IPO, which was completely a fresh equity issue of shares, saw a subscription of 27.38 times at close.
27.12 / 08:26
27.12 / 08:10
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Conman Sukesh Chandrasekhar denies sending messages to Jacqueline Fernandez, claims his voice has been ‘cloned’ by AI, threatens to expose her
Conman Sukesh Chandrasekhar has hit back at former-flame, Bollywood diva Jacqueline Fernandez, who alleged that he sent “intimidating & harassing” letters to her. Chandrasekhar, who is currently languishing in jail in Delhi, has claimed that the dozen WhatsApp messages leaked are fake. The Rs 200-crore extortion case mastermind also stated that the ‘Murder 2’ actress was trying to “sensationalise” the chats.
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