Market

OLA Electric’s dominance in 2W electric segment faces stiff competition as major players enter EV fray | Stock Market News

TheSpuzz Desk2 months ago08 mins

Source: Live Mint The push for electric two-wheelers (2W) in India has been accelerating at an impressive rate, driven by a growing shift in consumer preferences from traditional internal combustion engine (ICE) vehicles to greener, more sustainable mobility options. This transition is driven by increasing environmental awareness, discounts on popular models, government incentives, and lower…

SBI Card: Competition from personal loans a drag on interest spreads

TheSpuzz Desk2 months ago07 mins

Source: Live Mint SBI Cards and Payment Services Ltd’s shares are up about 10% so far in September. While there is general optimism about wholesale funding costs peaking for non-banking financial companies (NBFCs), SBI Card got an additional boost from a rating upgrade from ‘sell’ to ‘buy’ by Goldman Sachs. The brokerage firm raised the…

Stock market today: Nifty 50 ends above 25,000, Sensex nears 82,000; IT stocks lead gains | Stock Market News

TheSpuzz Desk2 months ago02 mins

Source: Live Mint The Indian stock market extended its upward trend for the second consecutive trading session on Tuesday, tracking a rally on Wall Street overnight amid hopes of potential Fed rate cuts next week. The surge was led by gains in IT and pharma stocks, with a 5% increase in Nifty IT stocks, fueled…

Axis Mutual Fund launches Nifty 500 Value 50 ETF for long-term wealth creation | Stock Market News

TheSpuzz Desk2 months ago04 mins

Source: Live Mint Axis Mutual Fund has announced the launch of its latest investment product, the Axis Nifty500 Value 50 ETF, on September 9. This open-ended exchange-traded fund (ETF) aims to replicate or track the performance of the Nifty500 Value 50 TRI, providing investors with a value-based investment strategy in a basket of 50 companies…

PN Gadgil Jewellers IPO gets fully subscribed within few hours of subscription opening | Stock Market News

TheSpuzz Desk2 months ago02 mins

Source: Live Mint PN Gadgil Jewellers IPO: On day one of bidding, the initial public offering (IPO) of PN Gadgil Jewellers Limited received a strong response from Indian primary market investors. According to the PN Gadgil Jewellers IPO subscription status, the public issue has been booked more than the shares the jewellery brand offers. PN…

Penny stock under ₹10: Small-cap East West Freight Carriers jumps 4% following strong FY24 report | Stock Market News

TheSpuzz Desk2 months ago03 mins

Source: Live Mint Shares of East West Freight Carriers were on focus on Tuesday, September 10, following the release of its FY24 annual report. The stock rose by 4.1 percent, reaching an intra-day high of ₹7.08. Despite today’s rally, the smallcap stock remains 38.3 percent below its 52-week high of ₹11.47, hit in December last…

Suzlon Energy stock hits 5% upper circuit as Morgan Stanley forecasts earnings boost from NTPC order | Stock Market News

TheSpuzz Desk2 months ago06 mins

Source: Live Mint Shares of Suzlon Energy, India’s largest renewable energy solutions provider, hit the 5 percent upper circuit limit today, reaching at ₹78.05 per share. This increase comes after global brokerage firm Morgan Stanley reaffirmed its ‘Overweight’ rating on Suzlon Energy, following the company’s recent acquisition of a 1.17 GW order from NTPC. Morgan…

Upcoming IPO: Western Carriers (India) IPO to open for subscription on Sept 13; price band set at ₹163-172 apiece | Stock Market News

TheSpuzz Desk2 months ago03 mins

Source: Live Mint Western Carriers (India) IPO price band: The Western Carriers (India) Limited IPO price band has been fixed in the range of ₹163 to ₹172 per equity share of the face value of ₹5. The Western Carriers (India) IPO date of subscription is scheduled for Friday, September 13, and will close on Wednesday,…

Bajaj Housing Finance IPO Live Update:GMP jumps after strong subscription status

TheSpuzz Desk2 months ago04 mins

Source: Live Mint Bajaj Housing Finance IPO Live Updates: Bajaj Housing Finance Limited launched its IPO on September 9 and will end on September 11. The issue is offering shares at ₹66-70. The company has raised ₹1,758 crore from anchor investors and reserved portions for various investor categories, including a special quota for shareholders. The…

Bank Nifty Share Price Live Updates: Bank Nifty Price Live blog for 10 Sep 2024

TheSpuzz Desk2 months ago01 mins

Source: Live Mint Bank Nifty Stock Price Live Updates: At 08:30 Bank Nifty was trading at 51117.8 (1.07%). Today Bank Nifty has been trading in the range of 51192.75 to 50369.4. Nifty futures are at 51267.4 (0.0%) & with an open interest change of -6.58% which indicates Price Increase is due to short sellers covering…

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Stock market today: Nifty 50 ends above 25,000, Sensex nears 82,000; IT stocks lead gains | Stock Market News

Axis Mutual Fund launches Nifty 500 Value 50 ETF for long-term wealth creation | Stock Market News

PN Gadgil Jewellers IPO gets fully subscribed within few hours of subscription opening | Stock Market News

Suzlon Energy stock hits 5% upper circuit as Morgan Stanley forecasts earnings boost from NTPC order | Stock Market News

Upcoming IPO: Western Carriers (India) IPO to open for subscription on Sept 13; price band set at ₹163-172 apiece | Stock Market News