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Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see positive opening on Tuesday following gains in global equities. Asian markets traded higher, while the US stock market ended mixed overnight, with the Nasdaq and S&P 500 closing higher. On Monday, the Indian stock market indices…
Source: Live Mint Trend followers thrive by riding the wave of an established trend, betting that momentum will continue, while reversal traders look for opportunities to profit from the rare, but lucrative, moments when the trend flips. The excitement lies in identifying these inflection points—the sweet spot where analysis and timing meet to unlock potential…
Source: Live Mint In its latest earnings review, Motilal Oswal Financial Services (MOSL) observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year (YoY) decline. Despite the subdued overall growth, the Nifty 50 index managed a 4 per cent YoY increase, surpassing MOSL’s estimate of 3…
Source: Live Mint (Bloomberg) — Oman’s state energy company is seeking to raise as much as $490 million from the initial public offering of its methanol and liquefied petroleum gas unit, the latest in a flurry of deals from the region. OQ SAOC will offer a 49% stake in OQ Base Industries SAOG at 106…
Source: Live Mint The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates. Beauty gross…
Source: Live Mint The State-owned renewable energy giant said on Monday that it has raised around ₹3,960 crore from investors in its anchor round, according to the exchange filing, ahead of the company’s proposed initial public offering (IPO). As per the exchange filing, the company has allocated 36,66,66,666 or 36.66 crore equity shares to the…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty 50 index concluded the trading session at 23,532.7, reflecting a decline of 0.34%. Throughout the day, the index reached a peak of 23,606.8 and a trough of 23,350.4. The Sensex experienced fluctuations within a range of 77,886.97 and…
Source: Live Mint US stocks were mixed on Monday, as investors awaited crucial earnings especially from chip giant Nvidia and on lingering concerns that the Federal Reserve is not in a rush to cut interest rates further. The Dow Jones Industrial Average fell 35.21 points, or 0.08 per cent, to 43,409.78, the S&P 500 rose…
Source: Live Mint ArisInfra Solutions IPO: ArisInfra Solutions Limited received the green signal from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on August 14, 2024. ArisInfra Solutions Limited is a business-to-business (B2B) firm which…
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