Infosys, Wipro ADRs down 3% on NYSE after Q2 results even as S&P, Dow drift near record-highs | Stock Market News

Infosys, Wipro ADRs down 3% on NYSE after Q2 results even as S&P, Dow drift near record-highs | Stock Market News

Source: Live Mint American Depository Receipt (ADR) shares of Infosys and Wipro witnessed a sharp decline on the New York Stock Exchange (NYSE) after revealing its July-September quarter results for fiscal 2024-25 (Q2FY24). Infosys ADR crashed three per cent to $21.6 on the American stock exchange even after the IT major hiked its revenue guidance….

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Sebi proposes allowing stockbrokers to trade in govt securities | Stock Market News

Sebi proposes allowing stockbrokers to trade in govt securities | Stock Market News

Source: Live Mint The markets regulator will let stockbrokers deal in government securities by accessing the negotiated dealing system-ordering matching (NDS-OM) introduced by the Reserve Bank of India (RBI) in 2005. NDS-OM is a screen-based electronic anonymous order matching system for secondary market trading in G-Secs owned by RBI. It was exclusively designed for G-Secs…

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Usha Financial Services IPO to open on Oct 24 at price band of  ₹160-168; firm raises  ₹20 cr ahead of public offer | Stock Market News

Usha Financial Services IPO to open on Oct 24 at price band of ₹160-168; firm raises ₹20 cr ahead of public offer | Stock Market News

Source: Live Mint Upcoming IPO 2024: Non-banking finance company (NBFC) Usha Financial Services’ initial public offer (IPO) is set to hit the primary market next week. The ₹98.45 crore public offer will open for subscription on Thursday, October 24 and close on Monday, October 28. Usha Financial Services IPO price band has been fixed in…

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