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Source: Live Mint The Indian stock market’s sentiment turned positive after logging its best week in the last six months, driven by the Reserve Bank of India (RBI)’s liquidity boost and the return of foreign capital inflow just before year-end. In the second week of December, investors will closely monitor key market triggers, including domestic…
Source: Live Mint Stock Market Today: Indian equity markets ended flat with a negative bias on Friday, December 6, with the Nifty 50 and Sensex showing little movement after a series of key announcements by the Reserve Bank of India (RBI) in its MPC meeting today. The RBI MPC pulled off a balancing act today…
Source: Live Mint The Indian arm of LG Electronics on Friday filed for an initial public offering (IPO), becoming the second South Korean conglomerate to sell its shares in the country after automobile giant Hyundai Motor Co. The Korean parent will sell 101.8 million shares, accounting for about 15% of the post-offer paid-up equity share…
Source: Live Mint Vishal Mega Mart IPO: Leading supermarket chain Vishal Mega Mart plans to launch its initial public offering next week, to raise ₹8,000 crore. Vishal Mega Mart IPO price band has been fixed in the range of ₹74-78 per share. Bidders can place bids for a minimum of one lot, consisting of 190…
Source: Live Mint Expert view: Santosh Pandey, President and Head of Nuvama Professional Clients Group, believes the Indian stock market may see a Santa Claus rally, but it seems unlikely that the benchmark index Nifty 50 will reclaim the 26,000 mark by the end of the year. Talking to Mint, Pandey also shared his views…
Source: Live Mint Indian Stock Market: The Indian stock market has shown remarkable resilience in 2024, with benchmark indices Sensex and Nifty delivering double-digit returns despite global economic challenges and market volatility. This performance highlights the strength of India’s economy amid geopolitical tensions, elevated inflation, and sluggish global growth. Benchmark Nifty has gained almost 3,000…
Source: Live Mint Upcoming IPO: Solar91 Cleantech on Friday, December 6 said Bombay Stock Exchange (BSE) has approved the draft red herring prospectus for its initial public offer (IPO). Solar91 Cleantech, a solar plant installation company, plans to issue up to 54,36,000 equity shares, each with a face value of ₹10, in the upcoming IPO….
Source: Live Mint A penny stock, Vikas Lifecare, surged almost 10 per cent in intraday trade on BSE on Friday, December 6, in an otherwise weak market. The stock was witnessing strong investor interest as its trade volume was over 1 crore around 12:05 pm on Friday. Vikas Lifecare share price opened at ₹4.40 against…
Source: Live Mint Stock market holiday: The Maharashtra government has declared Friday, December 6, a local holiday for Mumbai and suburban areas in honour of Mahaparinirvan Diwas 2024. The public holiday has raised questions about whether trading activities at the stock exchanges Bombay Stock Exchange (BSE) and National Exchange (NSE) will also be impacted on…
Source: Live Mint Expert view: Harish Bihani, a fund manager at Kotak Mahindra AMC, finds the overall market sentiment positive. However, he advises moving forward but with caution. He highlights the recent market correction, which has removed froth from many parts of the market. In an interview with Mint, Bihani discussed his investment strategy for…
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