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With the bank’s foreign shareholding now below 55%, its weighting on the index is expected to increase from 4% to about 8%. But how important is this for long-term investors? Continue Reading »
Emcure Pharmaceuticals IPO subscription status: Emcure Pharmaceuticals, backed by Bain Capital, raised ₹583 crore from anchor investors prior to its IPO launch. The IPO garnered a subscription status of 4.98 times on the second day, attracting interest from various investor categories. Continue Reading »
After the 2024 Lok Sabha elections, attention shifts to the Union Budget for 2024-25. Market experts recommend booking profits, re-evaluating portfolios, and focusing on long-term growth sectors to manage risks and seize opportunities amidst uncertainty. Continue Reading »
Top Gainers and Losers Today : The Sensex gained 62.87 points, or 0.08, to settle at 79986.8, while the Nifty gained 15.65 points, or 0.06, to close at 24286.5. Continue Reading »
Cello World's stock soared over 6% to a new high after launching a ₹730 crore QIP at a floor price of ₹896.09. The fundraising aims to repay debt, enhance manufacturing facilities, and reduce promoter's stake to comply with SEBI norms. Continue Reading »
Stock market today: Sensex settled just 63 points, or 0.08 per cent, up at 80,049.67, while the Nifty 50 finally closed 16 points, or 0.06 per cent, up at 24,302.15 on Thursday. Continue Reading »