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Source: Live Mint Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower…
Source: Live Mint The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. Companies from diverse sectors—including technology, consumer goods, green energy, and financial services—have successfully debuted on Indian stock exchanges, capitalising on favourable market conditions. Moreover, high-profile debuts from companies like Swiggy, Hyundai Motor…
Source: Live Mint Indian stock market ended another day in the green, fueled by the BJP and its allies securing a decisive victory in the Maharashtra state elections, providing a much-needed boost to the markets, which had been under pressure from weak Q2 earnings and persistent FPI selling. The Nifty 50 extended its winning streak…
Source: Live Mint Expert view: Sonam Srivastava, the founder of Wright Research, believes the Nifty 50 could see a modest recovery towards the end of the year. She believes a proper recovery will come when FIIs (foreign institutional investors) return to India, which looks a bit far off. A realistic year-end target for the Nifty…
Source: Live Mint Indian Stock Market: Foreign institutional investors (FIIs) continue to remain net sellers in the Indian stock markets for the second consecutive month, with November following a pattern similar to that of October. This shift comes after a period of sustained net buying, which lasted for four months from June to September. The…
Source: Live Mint Enviro Infra Engineers Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component. The IPO completed its second day of public bidding on Monday, November 25. The public offer was subscribed 12.52 times on the second day as investors bid for 38,55,19,222 or 38.55…
Source: Live Mint C2C Advanced Systems’ three-day initial public offering (IPO) opened for subscription on Friday, November 22 in the price range of ₹214 to ₹226 per share. The IPO was subscribed on the first day itself, with strong demand from retail and institutional investors. The IPO consists of a fresh issue of 4,383,600 equity…
Source: Live Mint Fast-moving consumer goods (FMCG) giant Hindustan Unilever’s board on Monday, November 25, gave in-principle approval to demerge its ice cream business into an independent, listed entity. According to the filing, HUL shareholders will receive shares in the new entity in proportion to their existing holdings in the FMCG major. HUL has several…
Source: Live Mint Foreign portfolio investors (FPIs) have been on a selling spree over the last one and a half months, withdrawing funds from Indian equities at an unprecedented pace and reversing their earlier purchasing streak. This sudden shift in FPI behaviour has weighed heavily on market sentiment. So far in November, FPIs have offloaded…
Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
