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Source: Live Mint Danish Power IPO allotment: As the bidding for Danish Power’s initial public offer (IPO) closed, the focus has now shifted to the share allotment. Danish Power IPO allotment status is expected to be finalised on Friday, October 25. The IPO worth ₹ ₹197.90 crore is the largest SME issue of 2024 as…
Source: Live Mint Dhanteras, the day that marks the beginning of Diwali festivities, holds immense cultural and financial significance. It’s a day when families across India seek the blessings of Goddess Lakshmi, the goddess of wealth, for prosperity and well-being. Traditionally, buying gold on Dhanteras is seen as a way to invite wealth and positive…
Source: Live Mint Stock market crash: Bears tightened their grip on D-Street as domestic equity benchmarks Nifty 50 and Sensex logged their longest weekly losing run in 14 months on Friday, October 25, intensifying a broad-based selloff. Foreign investors continued to offload, and lacklustre corporate earnings further bogged down the sentiment, compelling indices to enter…
Source: Live Mint While valuing a stock is crucial, relying solely on valuation can be misleading. During periods of market turmoil, it’s the quality of a company that ultimately stands the test of time, according to Saurabh Mukherjea, the founder of Marcellus Investment Advisors. In a conversation with Mint on an episode of ‘How To…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint Tesla stock continued to rally on Friday as the US markets opened, rising 4.43 per cent. Tesla shares listed on the Nasdaq index recorded an uptrend after the company reported a 17 per cent rise in third-quarter profits. Tesla shares opened at $257.69 when trading started at 09:30 am EDT. At 09:58…
Source: Live Mint Nvidia dethroned Apple as the world’s most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia’s stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG. In June, Nvidia…
Source: Live Mint Godavari Biorefineries Limited’s initial public offering (IPO) was subscribed 1.83 times on the third and final day of the bidding process, as investors bid for 2.06 crore shares compared to 1.12 crore shares available. The book build issue combines a fresh issue and an Offer for Sale (OFS). The IPO opened for…
Source: Live Mint Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Business NewsMarketsIPOAfcons Infrastructure IPO receives tepid response on day 1 of bidding; Issue booked 10%; Latest GMP here Read Full Article
Source: Live Mint A diversified investment portfolio consisting of equity and debt elements, some liquid funds for emergencies and some real estate exposure make young Harsh Mishra a real mascot for good financial planning for other GenZs like him. With a stable job and controlled monthly expenses, he has set a financial independence score for…
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