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NTPC Green Energy IPO offers a fresh issue of 92.59 crore shares, which opened for subscription on November 19. The public offer was subscribed 33 per cent on Day 1. Continue Reading »
Maharashtra assembly elections are unlikely to significantly affect the Indian stock market but may influence political dynamics. Market sentiment may fluctuate temporarily amid broader economic uncertainties. Continue Reading »
IPO watch: In 2024, nine IPOs are trading below their issue prices, with Popular Vehicle down 46%. Factors like disappointing corporate performances and foreign investor withdrawals contribute to the market downturn, despite a record $11.5 billion in primary market acquisitions. Continue Reading »
Saatvik Green Energy has filed a draft red herring prospectus for an IPO to raise ₹1,150 crore, including ₹850 crore from a fresh issue. The company aims to expand its solar module manufacturing capacity and has reported significant growth in profits and revenue for FY24. Continue Reading »
Motilal Oswal initiated coverage on Swiggy, assigning a Neutral rating and a target price of ₹475. The firm views Swiggy's quick commerce potential as transformative, despite challenges in market leadership and profitability. Continue Reading »
Top Gainers and Losers Today : The Sensex gained 239.37 points, or 0.31, to settle at 77339.01, while the Nifty gained 64.7 points, or 0.28, to close at 23453.8. Continue Reading »
The Nifty 50 plunged 262 points from its intraday high to close at 23,518, up 0.28% from the previous close, while the Sensex dropped 873 points but ended the session with a 0.31% gain, closing at 77,578. Continue Reading »
Stock market crash: Despite gaining on Monday, the Nifty 50 faces challenges from weak earnings and high valuations. While a relief rally is possible, experts caution that reclaiming the 26,000 mark by year-end may be difficult without stronger Q3 results. Continue Reading »