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Source: Live Mint After markets regulator Sebi’s directive to limit weekly expiries to one per exchange, BSE announced on Thursday that it will discontinue the weekly contracts for both Sensex 50 from November 14 and Bankex from November 18. This means BSE will continue offering weekly derivative contracts for Sensex, its index of 30 blue-chip…
Source: Live Mint The onset of the festive season didn’t bring the cheer India’s stock market investors had hoped for. They turned poorer by ₹11 trillion on record foreign investor outflows amid a sharp bounce back in Chinese stocks following recent fiscal and monetary stimulus measures, escalating tensions in West Asia, and expensive share valuations….
Source: Live Mint Oil prices increased on Thursday as investors grew concerned that an escalating conflict in the Middle East could potentially disrupt crude oil shipments from the region. However, gains were limited by an improved global supply outlook. By 1211 GMT, Brent crude futures had risen by $1.52, or 2.06%, to $75.42 per barrel,…
Source: Live Mint Hyundai Motor India is expected to launch its ₹25,000-crore initial public offering (IPO) on October 14, PTI reported on Thursday. Hyundai’s proposed ₹25,000-crore IPO will become the largest in India, surpassing Life Insurance Corporation’s (LIC) public offering of ₹21,000 crore. The Indian arm of the South Korean automaker proposed an offer-for-sale (OFS)…
Source: Live Mint The share allocation for HVAX Technologies Ltd’s initial public offering (IPO) is set to be finalized today, October 3. The NSE SME issue experienced strong demand, attracting bids for more than 1.67 crore shares, while only 4.87 lakh shares were on offer. HVAX Technologies shares will be listed on National Stock Exchange…
Source: Live Mint Pharma company Amanta Healthcare has filed its draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise funds through initial public offering (IPO). The issue size will be of up to 1,25,00,000 equity shares with a face value of ₹10 each, all of which will…
Source: Live Mint The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage…
Source: Live Mint Stock Market Today: The benchmark Nifty 50 index gained 14.91% during the April-September 2024 period or the first half of FY25. Against this backdrop, five key indices emerged as underperformers during the period. These include Nifty Oil & Gas, Nifty Energy, Nifty Private Bank, Nifty Bank and Nifty PSU Bank indices. While…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty Index closed at 25,796.9, reflecting a decline of 2.12%. During the trading session, the Nifty reached a high of 25,639.45 and a low of 25,230.3. Meanwhile, the Sensex traded within a range of 83,752.81 to 82,434.02, ultimately closing 2.1%…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
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