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Source: Live Mint IPO buzz: 18 out of the top 30 initial public offerings (IPOs) by size did not yield excess returns compared to the returns from the Nifty 500 index, said Bengaluru-based Capitalmind Financial Services’s in its recent report. A study on IPOs was carried out by the Bengaluru-based wealth management firm, which is…
Source: Live Mint Stock market today: Indian stock market benchmarks—the Sensex and the Nifty 50—fell for the second consecutive session on Wednesday, October 16, amid weak global cues. Moreover, unimpressive Q2 earnings and concerns over sticky inflation continued to weigh on sentiment. The Sensex fell 319 points, or 0.39 per cent, to 81,501.36, while the…
Source: Live Mint Top Gainers and Losers Today : **Market Overview: Top Gainers and Losers Today** The Nifty index concluded the trading session at 25,057.35, reflecting a decrease of 0.34%. Throughout the day, the index reached a high of 25,093.4 and a low of 24,908.45. Similarly, the Sensex operated within a range of 81,932.15 and…
Source: Live Mint Gold prices reached a new all-time high of ₹78,900 per 10 grams in the national capital on Wednesday, rising by ₹250 due to continued demand from jewellers, as reported by the All India Sarafa Association. The precious metal had settled at ₹78,650 per 10 grams in the previous session on Tuesday. Similarly,…
Source: Live Mint Bitcoin price today: Bitcoin extended last week’s gains as the crypto bulls are setting their sights on the record highs reached in March. Optimism is building around riskier assets and the looming US presidential elections. The original cryptocurrency gained as much as 2.9 per cent to $68,376 on Wednesday, October 16, before…
Source: Live Mint Reliance bonus issue: Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL)’s board passed the issue of bonus shares with a majority in e-voting and also fixed the record date. The oil-to-telecom conglomerate said in a regulatory filing to the stock exchanges on Wednesday, October 16 that it has fixed Monday, October 28, 2024…
Source: Live Mint Indian stock market: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Wednesday, October 16, due to weak global signals. The Sensex dropped 319 points, or 0.39 per cent, to 81,501.36, while the Nifty 50 closed at 24,971.30, down 86 points, or 0.34 per cent….
Source: Live Mint Despite the high valuations of benchmark indices, there is no significant risk of a major correction soon, Rahul Singh, Chief Investment Officer (equities) of Tata Mutual Fund, says in an emailed interview with MintGenie. He also speaks about the sectors that are likely to do well in the near future. While sharing…
Source: Live Mint Earlier this year, Axis Bank and HDFC Bank had also introduced minimum quarterly spending caps of ₹50,000 and ₹1 lakh, respectively, on select cards to unlock lounge access on them. A senior bank official of a leading bank informed Mint that the lounge is increasingly becoming a loss-making feature given the increase in…
Source: Live Mint RsHyundai Motor India IPO: The much-awaited mainboard initial public offering (IPO) of leading auto major Hyundai Motor India will open for subscription in India’s primary market on Tuesday, October 15, 2024. Shares of the auto major will hit D-Street on October 22, 2024. The public issue will remain open for bidding for…
