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Source: Live Mint Stock market today: A sharp selloff hit the Indian stock market on Tuesday, October 22, pulling down the benchmark indices, Sensex and Nifty 50, by more than 1% each. The Sensex ended the day down by 931 points, or 1.15%, closing at 80,220.72, while the Nifty 50 dropped 309 points, or 1.25%,…
Source: Live Mint The European Securities and Markets Authority (ESMA) and the Reserve Bank of India (RBI) have been engaged in talks for some time now, working to find a way to break the logjam. “The talks between the EU and India to find a solution has been going on both at the government-to-government level…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint The issue—a milestone for both the company’s parent Hyundai Motor Co. (HMC) and the Indian stock market as the country’s largest public offering so far—is a key part of Hyundai’s strategy to enhance the valuation of its global businesses as part of the South Korean government’s Corporate Value-Up Program. The programme seeks…
Source: Live Mint The price of gold increased by ₹350, reaching a new all-time high of ₹81,000 per 10 grams, while silver surged by ₹1,500, crossing the ₹1 lakh mark in the national capital on Tuesday, driven by rising demand, according to the All India Sarafa Association. Extending its gains for the fifth consecutive day,…
Source: Live Mint Waree Energies IPO: The initial public offering (IPO) of the solar PV module manufacturer Waaree Energies Limited was subscribed to over eight times on the second day of the issue. The mainboard IPO opened for subscription on Monday, October 21, 2024, and will close on Wednesday, October 23, 2024. Waree Energies IPO…
Source: Live Mint The Competition Commission of India (CCI) on Tuesday, October 22, cleared telecom giant Bharti Airtel’s proposal to increase its stake in Indus Towers following a buyback of shares by the telecom infrastructure company. “The Commission approves an increase in the percentage shareholding of Bharti Airtel Ltd (Bharti Airtel) in Indus Towers Ltd…
Source: Live Mint Mumbai: Investors pumping in money into stocks of small- and mid-sized companies or smids have seen their wealth erode by a staggering ₹26 trillion since 20 September, when the market capitalisation of the relevant indices hit record highs. Comparatively, provisional data from the BSE shows that the top 10 companies by market…
Source: Live Mint Godavari Biorefineries Ltd, a producer of ethanol and bio-based chemicals, on Tuesday raised over ₹166 crore from anchor investors, ahead of its initial public offering (IPO) set to open for public subscription. Notable participants in the anchor round included HDFC Mutual Fund, Whiteoak Capital Fund, Goldman Sachs (Singapore) Pte Ltd, Societe General,…
Source: Live Mint Mumbai: The Securities and Exchange Board of India (Sebi) On Tuesday issued a draft circular inviting public feedback on the criteria for recognizing digital platforms as Specified Digital Platforms (SDPs). According to Sebi, the recognition of these platforms is crucial to ensure they do not enable illegal activities related to securities, such…
