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Source: Live Mint Gold soared to a record high on Wednesday as expectations for another big rate cut by the U.S. Federal Reserve bolstered bullion’s bull rally, and a softer dollar added to the metal’s appeal. Spot gold gained 0.4% to $2,667.03 per ounce by 1409 GMT, after hitting an all-time high of $2,670.43 earlier….
Source: Live Mint KRN Heat Exchanger IPO: The initial public offering (IPO) of KRN Heat Exchanger and Refrigeration Limited opened for subscription on Wednesday, September 25, 2024. The mainboard IPO of the leading fin and tube-type heat exchanger manufacturer will remain open for bidding till September 27, 2024. KRN Heat Exchanger IPO, worth ₹342 crore,…
Source: Live Mint The Indian stock market has picked up an invincible rally since the US Federal Reserve delivered its supersized interest rate cut by 50 basis points (bps) last week. The Nifty 50 has hit new highs in every session since the rate cut boosted investors’ global risk appetite, while the Sensex topped the…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has directed that all individual investors applying for public issues of debt securities through intermediaries for amounts up to ₹5 lakh should only use UPI for blocking the required funds. The investors should provide a bank account-linked UPI ID in the bid-cum-application…
Source: Live Mint The initial public offering (IPO) of TechEra Engineering (India) Limited was fully subscribed on the first day of bidding, with a strong response from retail investors. By 5 p.m., the IPO had received bids for 60,46,400 shares, against a total offering of 31,31,200 shares, achieving an overall subscription rate of 1.93 times,…
Source: Live Mint Delhivery Ltd is on a rocky journey as the market turf is changing for the leading logistics company in the express parcel and part truckload segments. Also, India’s third-party logistics sector is facing some headwinds amid increasing competition from established players and as online marketplaces like Meesho opt for their own delivery…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today: Market Overview** The Nifty index closed at 25,940.4, reflecting an increase of 0.25%. Throughout the trading session, Nifty reached a high of 26,032.8 and a low of 25,871.35. Meanwhile, the Sensex traded within a range of 85,247.42 and 84,743.04, ultimately…
Source: Live Mint Shares of Blue Cloud Softech Solutions were locked at the 5% upper circuit limit for the third consecutive session on Wednesday, reaching ₹168.20 per share. This rally followed the company’s announcement that it has received ISO 9001:2015 and ISO 27001:2022 certifications, which further reinforce its commitment to quality management, information security, and…
Source: Live Mint Benchmark indices Sensex and Nifty hit new highs in the previous session on September 24. However, as of September 25, trading remains subdued, with muted movement across the markets. On September 24, Benchmark Sensex reached a record high of 85,163.23, crossing the 85,000 mark for the first time, while Nifty set a…
Source: Live Mint Power Grid Corporation, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company, saw its shares zoom 4.67 per cent to touch a fresh record high of ₹366.25 apiece in today’s intraday session. Today’s rally in shares followed a 2.6 per cent jump in the previous trading session,…
