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Source: Live Mint The Securities and Exchange Board of India restrained three unregistered online platforms—altGraaf, Tap Invest and Stable Investments — from offering privately placed unlisted non-convertible debentures for public subscription, according to the regulator’s interim order on 18 November. Sebi cited the violation of norms that treat any issue with over 200 investors as…
Source: Live Mint The FMCG sector has been one of the poorest performers over the past 18 months. The return of Nifty FMCG, Nifty50, and Nifty500 indexes in the last 1 year is 10%, 20%, and 27%, respectively. This indicates that the FMCG sector underperformed the broader Nifty500 market by 63%.The sector’s performance worsened in…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decline on Sunday. The price of 24 carat gold is Rs.7817.3 per gram, reflecting a reduction of Rs.120.0. The price of 22 carat gold is Rs.7167.3 per gram, also down by Rs.120.0. The price fluctuation for 24 carat gold over the past…
Source: Live Mint The Kolkata-based radiology testing and medical consultancy service firm Suraksha Diagnostic’s initial public offering (IPO) received a flat response on the first day of public bidding. The public issue was subscribed 11 per cent of the total shares on offer as of Friday, November 29. Suraksha Diagnostic IPO latest GMP As of…
Source: Live Mint Wall Street Holiday: The US stock markets will close early on Tuesday, December 24, and remain closed on Wednesday, December 25, for the Christmas holiday. According to the Securities Industry and Financial Markets Association (SIFMA) and the official Nasdaq holiday list, the Nasdaq Stock Exchange and New York Stock Exchange (NYSE) will…
Source: Live Mint 2024 has been a landmark year for the Indian initial public offer (IPO) market, with an unprecedented surge in fundraising and retail participation. The allure of quick wins has led to massive oversubscriptions, especially in the small and medium enterprises (SME) segment. Strong listing gains have further fuelled this frenzy. While foreign…
Source: Live Mint The Nifty 50 fluctuated widely in November, driven by concerns over stretched valuations, weak performance by Indian Inc in Q2 and persistent selloffs by foreign investors, causing the index to oscillate consistently between gains and losses. The uncertainty was further exacerbated by global economic headwinds, including rising tensions between Russia and Ukraine,…
Source: Live Mint Buy or Sell: Last week, as anticipated, with the monthly expiry approaching, both the Nifty and Bank Nifty indices were in oversold conditions. This created potential for a significant rebound, which materialized as both indices saw notable upward movement toward their respective resistance levels. The Nifty Index broke through the 24,000 mark,…
Source: Live Mint The Indian primary market is set to witness significant market activity related to the public listings of eight initial public offerings (IPOs), including Suraksha Diagnostics, Apex Ecotech, Ganesh Infraworld, and Agarwal Toughened Glass India, etc. The stock market will also witness the opening of one mainboard IPO and two small and medium…
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…
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