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Source: Live Mint The FMCG sector faced a turbulent 2024, marked by considerable volatility. The year started on a weak note, with the sector declining by approximately 9% from January to March, as subdued rural demand and broader macroeconomic challenges weighed heavily on its performance. From mid-April to September, the index rebounded sharply, gaining around…
Source: Live Mint Trent, a Tata Group company renowned for its diverse retail portfolio, has seen exceptional growth in its share price this year and is poised to deliver multibagger return. The strong demand for the Nifty 50 stock continues to drive its impressive performance on Dalal Street. Although the stock has witnessed some profit…
Source: Live Mint Volatility is an unavoidable aspect of equity markets, yet it is often misunderstood. While volatility represents short-term fluctuations in stock prices, it is not synonymous with risk. Learning to navigate through periods of volatility can turn market unpredictability into a long-term opportunity for wealth creation. Let’s explore volatility in detail, understand its…
Source: Live Mint DAM Capital Advisors IPO: The initial public offer (IPO) of DAM Capital Advisors will open for subscription on Thursday, December 19, and close on Monday, December 21. DAM Capital Advisors IPO, valued at ₹840.25 crore, is entirely an offer for sale (OFS) of 2.97 shares by the investors and promoters of the…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Tuesday tracking mixed global cues from global peers. Asian markets traded mixed, while the US stock market ended mixed overnight, ahead of the US Federal Reserve meeting. The Federal Open Markets Committee…
Source: Live Mint Stock market today: The domestic stock market indices closed in the red on Monday, December 16. The index witnessed a sharp sell-off in the IT and financial stocks, driving the index down after an initial gain from the Pharma and PSU stocks. The Nifty 50 index closed 0.4 per cent lower at…
Source: Live Mint As 2024 draws to a close, the broad market has delivered a respectable 20% return. Mid and small-cap stocks have outperformed, with midcaps achieving a 28% return and small caps 31%, compared to 17% for large caps. The outperformance is against the consensus that large caps are a better bet given the…
Source: Live Mint The board of metals and mining major Vedanta Limited at its meeting held on Monday, December 16 approved an interim dividend of ₹8.5 per equity share. This is the fourth interim dividend by the company for the financial year 2024-25 (FY25). Board of Directors of Vedanta Limited, at its meeting held today…
Source: Live Mint Purple United Sales IPO Allotment: After the successful closure of the initial public offering (IPO) of the fashion brand Purple United, investor focus has shifted to the IPO allotment, expected to take place today, December 16. Investors can check Purple United Sales IPO share allotment status online through the NSE website, and…
Source: Live Mint Sai Life Sciences IPO allotment: With the bidding period for Sai Life Sciences’ initial public offering (IPO) now closed, investors’ focus has turned to the allotment announcement, expected today, December 16. The IPO, which ran from December 11 to December 13, received an overall subscription of 10.27 times. The qualified institutional buyers…
