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₹426 to ₹448 per equity share of face value of ₹10. Innova Captab IPO lot size is 33 equity shares and in multiples of 33 equity shares thereafter.

Ashok Leyland, Balrampur Chini, Delta Corp, The India Cements, Hindustan Copper, Manappuram Finance, RBL Bank and Steel Authority of India (SAIL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban. MWPL for Ashok Leyland stood at 88.1% on Thursday with OI reported by Trendlyne at 78.1 million. It was down by 5.6% from the previous session. MWPL for Balrampur Chini stood at 95.7% on Thursday with OI reported by Trendlyne at 9.6.

Catch Live Market Updates here On December 21, the domestic equity market witnessed a healthy bounce back and ended higher amid across-the-board buying. The Sensex ended 358.79 points higher at 70,865.10, while the Nifty 50 gained 104.90 points, or 0.50%, to settle at 21,255.05. Nifty 50 formed a bullish piercing candlestick pattern on the daily chart, indicating potential bullish momentum.

Top news stories of 2023

Kailash Gahlot Thursday said the city government is likely to launch its WhatsApp-based bus ticketing system in a couple of months, adding that the trial run for the project is slated to commence in a fortnight. "We plan to start a trial run around January 15 and after that we will take one or two months to completely launch it," news agency PTI quoted the Delhi Transport minister as saying. Also Read | Terrorists fire at Indian Army vehicle in J&K's Poonch, 3 soldiers killed "We have already tied up with WhatsApp for this initiative.

LIC or Life Insurance Corporation of India has been exempted till 2032 to follow 25% minimum public shareholding norms. «Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Department of Economic Affairs, Ministry of Finance vide Office Memorandum dated December 20, 2023, has decided in the public interest, to grant one-time exemption to Life Insurance Corporation of India to achieve 25% Minimum Public Shareholding (MPS) within 10 years from the date of listing i.e., till May 2032 under Rule 19A (6) of the Securities Contract (Regulations) Rules (SCRR) 1957,» LIC said in a regulatory filing. In May 2022, the government had sold 3.5% stake in LIC IPO, which was an entirely (offer for sale) worth around Rs 21,000 crore. It remains India's largest IPO to date. The stock is now down around 19% from its IPO issue price of Rs 949 per share.

Delhi government will roll out its WhatsApp-based bus ticketing system in a couple of months, with the trial run for the project slated to commence in a fortnight, Transport Minister Kailash Gahlot said. Also in the pipeline is the single-journey ticket system that will enable users to book autos, metro tickets, and bus tickets, he said. «We have already tied up with WhatsApp for this initiative.

Nifty 50 gained about 17 per cent in the same period. Stocks such as Punjab National Bank and Indian Bank surged over 50 per cent each this year while shares of Central Bank of India, Bank of Maharashtra and Union Bank of India jumped over 40 per cent each. Healthy growth in advances, net interest income (NII), reduction in gross NPAs and strong growth in profitability are some of the factors that boosted PSU bank stocks.

BSE’s and Bigshare Services’ websites. Also Read: Supreme Power Equipment IPO: GMP, subscription status, other details of NSE SME issue in 10 points Sahara Maritime IPO is an SME IPO and the shares will be listed on BSE SME with a tentative listing date fixed on December 26.

Read here: Nifty 50 valuations are rich, offer 8-10% upside in 2024, says HDFC Securities; lists out stocks to accumulate next year Margin benefits for commodity consuming sectors due to deflation in commodity prices are largely done, so any growth hereon must be volume led, it said. The Retail Research at HDFC Securities has included Advanced Enzyme Technologies and Swaraj Engines in their fundamental picks and expects the stocks to give decent returns in two-to-three quarters. HDFC Securities forecasts revenue, EBITDA and PAT CAGR of 13.5%, 21% and 22% over FY23-25E for Advanced Enzyme Technologies which would be led by strong growth across all segments.

Dixon Technologies shares are up more than 65% year-to-date (YTD) and analysts expect more upside to it on the back of government’s thrust on lowering imports of IT hardware and the Dixon Technologies’ recent contract with Lenovo which is believed to give it a strong head start in IT manufacturing. Also Read: Which Tata Group stock performed the best in 2023? The answer may surprise you JM Financial has a ‘Buy’ rating on Dixon Technologies and raised the target price on the stock to ₹7,215 per share from ₹5,975 earlier.

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.

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.

₹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.

₹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.

Catch Live Market Updates here The domestic market ended with sharp losses on Wednesday as investors opted for profit booking after the indices hit record highs. The Sensex slumped 930.88 points, or 1.30%, to end at 70,506.31, while the Nifty 50 ended 302.95 points, or 1.41%, lower at 21,150.15. “Domestic equities are witnessing sell off after a sharp run up of more than 12% in the last seven weeks.

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.

Attorneys for Meta and Mark Zuckerberg are asking a Delaware judge to dismiss a shareholder lawsuit asserting that the loyalties of company directors should not lie exclusively with the social media giant

India Shelter Finance made a decent debut on the exchanges on Wednesday by listing at a premium of around 25% over the offer price. However, the stock gave up some of the gains after falling nearly 10% post the debut. It is currently trading at Rs 556, just 12% higher than the IPO price. Net proceeds from the issue of fresh equity issue will go towards meeting future capital requirements and general corporate purposes. Analysts said there is still value in holding the stock from a medium- to long-term perspective as the company boasts of strong fundamentals and delivered strong financial performance in the last few years. Also Read: DOMS Industries shares soar nearly 80% over IPO price.

Also Read: Outlook 2024: How equities, gold and crude oil will perform next year “Indian economic growth will continue to be led by investments rather than consumption in 2024 indicating growth in industrial, manufacturing, real estate and allied segments. Projected earnings growth for HSIE coverage universe (~215 stocks): 29% and 8% for FY24 & FY25 respectively (Ex-energy 19% and 15% for FY24 & FY25, respectively, as FY23 was an exceptional low base year for energy)," the brokerage firm said in a report.