The FinTech Hub
Source: Live Mint Breakout stocks to buy or sell: Following a partial recovery in the global markets, the Indian stock market snapped a three-day losing streak on Monday. The Nifty 50 index went up 84 points and closed at the 24,936 mark, the BSE Sensex surged 375 points and closed at 81,559, whereas the Bank…
Source: Live Mint F&O ban list:The National Stock Exchange (NSE) banned trading in seven stocks on Tuesday, September10, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in…
Source: Live Mint Godrej Consumer Products Ltd’s (GCPL) investors are sitting on handsome gains with the stock rising 46% over the past year, steeper than the Nifty FMCG index’s 23% gain. The fast-moving consumer goods company is taking steps in the right direction, including continuous simplification of its business by reducing its stock-keeping units (SKUs,…
Source: Live Mint Kross Ltd IPO subscription status: Kross Ltd, a Jamshedpur-based company specializing in manufacturing trailer axles and suspension assemblies, opened its Initial Public Offering (IPO) for subscription on September 9. The three-day IPO will close on September 11, with anchor investor bidding held on September 6. As of September 9, on BSE the…
Source: Live Mint Apple Event 2024: Apple Inc. stock fell on Monday as the tech giant unveiled its artificial intelligence-boosted iPhone 16, new Watches and AirPods at its highly anticipated annual event. The highly anticipated “It’s Glowtime” event is being held at Apple Park headquarters. “We are thrilled to introduce the first iPhones designed from the…
Source: Live Mint Mumbai: The Securities and Exchange Board of India (Sebi) on Monday lifted the restrictions imposed in a 2021 order on a section of Infosys employees, and connected entities, following allegations of insider trading. On 15 September 2021, Sebi had upheld its interim order of 31 May 2021, barring six entities—Pranshu Bhutra, Amit…
Source: Live Mint Shubhshree Biofuels Energy Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of equity shares, opened for subscription on September 9. The public offer was oversubscribed 2.99 times. Investors bid for 24.67 lakh shares compared to the 8.96 lakh shares available. The retail investors subscribed to the public…
Source: Live Mint P N Gadgil Jewellers, on Monday, said that it has raised ₹330 crore from anchor investors a day before its initial public offerings (IPO) open for subscription on September 9. According to the exchange filing, the company has allocated 68,74,999 equity shares to anchor investors at ₹480 per share. “The IPO Committee…
Source: Live Mint Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available….
Source: Live Mint A renewed wave of dip buying spurred a rebound in stocks after a selloff triggered by economic concerns, with traders now looking to this week’s inflation data for clues on the size of Federal Reserve rate cuts. All major groups in the S&P 500 advanced, with the benchmark up about 1%. About…
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