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Source: Live Mint Mumbai (Maharashtra) [India], November 3 (ANI): The initial public offering (IPO) market of the country has seen a slowdown in subscriptions over the past two months, driven by weak market sentiment and disappointing listing performances, says a report by Axis Capital. The report highlighted that the investors appear to be exercising caution,…
Source: Live Mint Wipro share price traded marginally lower on Tuesday, December 3 as the IT stock turns ex-date for bonus issue. Wipro shares turns ex-date for bonus issue on Tuesday in the ratio of 1:1. The company has announced the Wipro bonus shares record date as on December 3. Investors holding the IT stock…
Source: Live Mint Indian Stock Market: Indian equities are expected to open on a flat note on Tuesday, December 3, following a strong finish in the previous trading session. Sector-specific action is anticipated to dominate the day, with metal, mining, auto ancillaries, and construction stocks likely to remain in focus. Asian markets opened in positive…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat on Tuesday amid mixed global market cues. The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 24,435 level, a premium of nearly 7 points from…
Source: Live Mint Societe Generale SA has hired four senior salesmen in Japan as it seeks to capitalize on the country’s invigorated bond market along with local banks’ appetite for higher-yielding investments. Former NatWest Group Plc manager Isao Sam Namba is among the additions to the French lender’s Tokyo securities unit, said Tomoyuki Sasai, head…
Source: Live Mint KEC International Ltd appears well-positioned to meet its FY25 order inflow guidance of around ₹25,000 crore. Last week, the company secured three big orders totalling nearly ₹4,000 crore, bringing its FY25 order intake to ₹17,500 crore so far. Additionally, its lowest bidder (L1) portfolio stands at ₹8,400 crore, further supporting its order…
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, were generally subdued on Monday. Gains in cement manufacturer Ultratech and Grasim Industries helped offset broader losses, which were driven by concerns over domestic economic growth and its impact on the central bank’s monetary policy decisions. Data released late Friday indicated…
Source: Live Mint Manufacturing activity has slowed amid worries that India’s consumption story is fizzling out. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to 56.5 in November from 57.5 in October. A reading above 50 indicates expansion. A key highlight of the November PMI survey was that Indian goods producers increased…
Source: Live Mint Most exported to Europe at higher prices Production could go even higher in December UK was major player in the market HOUSTON, – U.S. LNG exports to Europe surged in November as the world’s largest producer of the superchilled gas sent more cargoes to the continent and fewer to Asia and Latin…
Source: Live Mint MUMBAI, – The drop in India’s benchmark bond yields and swap rates signals the central bank may address weaker-than-expected economic growth by easing monetary policy, which, traders say, will likely be via a lower cash reserve ratio than by interest rate cuts. The Reserve Bank of India’s monetary policy decision is due…
