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Source: Live Mint At the onset of Samvat 2080, the market outlook was generally positive, albeit with mixed sentiments due to global uncertainties and a robust domestic economy. There was a concern that maybe the domestic economy and FIIs inflows could go slow based on global factors. Heightened global tensions, driven by conflicts in Ukraine…
Source: Live Mint ACME Solar Holdings Limited’s initial public offering (IPO) is set to open for public subscription on Wednesday, November 6, and close on Friday, November 8. The renewable energy producer set the price band for the IPO at the range of ₹275 to ₹289 per equity share with a face value of ₹2…
Source: Live Mint Sagility India Limited’s initial public offering (IPO) will open for public bidding on Tuesday, November 5, and will close on Thursday, November 7. The Indian arm of Sagility has fixed the price band at ₹28 to ₹30 per share. The healthcare-centric service provider focuses on the US health insurance companies (Payers) for…
Source: Live Mint Sagility BV, a subsidiary of EQT Private Capital Asia, raised ₹366 crore through the sale of a 2.61 per cent stakeholding in Sagility India Ltd, according to the company reported news portals on November 3. Nine institutional investors picked up a stake in Sagility India ahead of its initial public offering (IPO)…
Source: Live Mint Indian stock market has been experiencing sustained selling pressure from Foreign Institutional Investors (FIIs), who offloaded more than ₹1 lakh crore in domestic equities during October alone. This significant outflow has drawn strong reactions from investors and analysts alike. Renowned fund manager and Helios Capital founder, Samir Arora, also commented on the…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
Source: Live Mint Buy or sell: The Nifty 50 index wrapped up the week at 24,304, reflecting notable volatility as traders navigated through market dynamics. As the monthly expiry approached, a short covering rally provided a brief respite, enabling the index to bounce nearly 500 points and reaching nearby resistance levels around the 24,700-24,800 zone….
Source: Live Mint Multibagger stocks: Given the high market volatility in the recent times and varying views from market experts on how Samvat 2081 will unfold amidst geopolitical challenges and the global economic landscape, Samvat 2080 has proven to be quite favourable for the Indian Stock Market. Even though it was a year filled with…
Source: Live Mint With the September quarter earnings of India’s largest bank by total assets, State Bank of India, just around the corner, analysts have turned bullish on the stock, forecasting a healthy upside from its current market price. SBI will announce its September quarter (Q2) results on Friday, November 8. In the first quarter…
Source: Live Mint As the Indian stock market undergoes rapid changes across all segments, mutual fund investors must strategically position themselves. Given the current macroeconomic environment, maintaining a spirit of diversification is crucial. Siddharth Maurya, Founder & Managing Director of Vibhavangal Anukulakara Private Limited, emphasises the importance of a balanced allocation among large, mid, and…
