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Source: Live Mint Niva Bupa IPO: The initial public offering (IPO) of Niva Bupa Health Insurance Company Ltd, previously known as Max Bupa Health Insurance Company, opened for public subscription today (November 7) and will end on Monday, November 11. The issue, priced between ₹70-74 per share, raised ₹990 crore from anchor investors on Wednesday,…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
Source: Live Mint Japanese brokerage firm Nomura in its latest report highlighted that India’s power transmission sector is set for robust growth, fueled by rising electricity demand and ambitious targets for renewable energy capacity expansion. According to the Central Electricity Authority, the sector is expected to attract USD 110 billion in investments between FY22 and…
Source: Live Mint Niva Bupa Health Insurance Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component, opened for subscription on Thursday, November 7. The public offer was subscribed 65 per cent on the first day as investors bid for 11.19 crore shares, compared to 17.28 crore…
Source: Live Mint The rally proved short-lived. A day after India’s stock markets shot up more than 1% following Donald Trump’s victory in the US elections, adding ₹7.75 trillion to investor wealth, the benchmark indices were back to their downward slide, with the rupee, too, plunging to a new low. Sustained selling from foreign institutional…
Source: Live Mint US stock indices rose slightly on Thursday after storming to record highs in previous session on former president Donald Trump’s presidential election victory. Market participants were awaiting Interest rate decision from the Federal Reserve later in the day. It is widely expected that the Fed will cut its key interest rate for…
Source: Live Mint Tesla CEO Elon Musk’s wealth surged by $26.5 billion, over 12 per cent, to reach $290 billion shortly after Donald Trump secured a landslide victory in the US presidential election. According to the latest data from Forbes’ Real-Time Billionaires list, Musk’s net worth immediately jumped on Wednesday, underscoring how political events can…
Source: Live Mint ACME Solar Holdings 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 November 7. The public offer was subscribed 70 per cent on the second day as investors bid for 4.05 crore shares,…
Source: Live Mint Multibagger IPO: KRN Heat Exchanger and Refrigeration shares have jumped 40% in five days after Q2 results 2024. The share price has more than doubled over the issue price giving Multibagger returns to IPO investors. The KRN Heat Exchanger share price gained more than 12 % during intraday trades on Thursday. The…
Source: Live Mint If you stay invested in a mutual fund for a long period of time, the returns tend to grow multifold for what is known as ‘compounding’. The gains earned in the first few years are added to the corpus, thus making it grow considerably over a period of time. Here, we share…
