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Source: Live Mint Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The precious yellow metal with 99.9 per cent purity closed at ₹77,450 per 10 grams the…
Source: Live Mint Miami real estate developer Jorge Perez said interest rate cuts are needed “badly” to help builders manage soaring costs. Borrowing costs have ticked up in recent weeks, boosted by stronger-than-expected economic data. Some developers who were hoping for more pronounced interest-rate cuts by the Federal Reserve have now tempered their expectations for…
Source: Live Mint Oil swung between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate fluctuated around $69 a barrel after Ukrainian forces carried out their first strike on a border…
Source: Live Mint Upcoming IPO: Saatvik Green Energy has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). According to the DRHP documents, filed on Monday, November 18, Saatvik Green Energy is looking to raise up to ₹1,150 crore via…
Source: Live Mint Aegis Vopak Terminals Limited has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on Monday, November 18. The company aims to raise nearly ₹3,500 crore through this initial public offering (IPO), which comprises solely a fresh issue of equity shares with a face value…
Source: Live Mint US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine. At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 points, or 0.40%, to 5,870.05, while the Nasdaq Composite dropped 92.1 points,…
Source: Live Mint NTPC Green Energy Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of 92.59 crore shares. The state-owned renewable energy producer aims to raise ₹10,000 crore from the public issue. The IPO opened for public subscription on Tuesday, November 19 and will close on Friday, November 22. The…
Source: Live Mint IPO watch: Nine (9) mainboard IPOs that debuted this year (2024) are currently trading below their issue prices and have decreased by more than 25%. At the forefront of the losses is Popular Vehicle, which has decreased by 46%, followed by non-banking financial companies and small finance banks, including Fedbank Financial Bank…
Source: Live Mint The outcome of the Maharashtra assembly elections is expected to have minimal impact on the Indian stock market, although it could carry significant political implications, according to experts. Although state elections do not directly impact the functioning of the central government, they can still have some second-order effects. Maharashtra is set to…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index concluded at 23453.8, marking an increase of 0.28%. Throughout the trading session, the Nifty reached a daily high of 23780.65 and a low of 23464.8. The Sensex fluctuated within a range of 78451.65 and 77411.31, ultimately closing…
