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Source: Live Mint Sodhani Academy of Fintech Enablers IPO Day1: The Initial Public offering opened for subscription on 12 September 2024 and closes on 17 September 2024. Check for Subscription status, GMP, key dates, all you need to know Sodhani Academy IPO :Subscription Status Sodhani Academy of Fintech Enablers IPO had been subscribed 2.11 times….
Source: Live Mint Stock benchmarks touched new records and mid-cap stocks joined the Street party on Thursday, signalling rising risk appetite among investors betting on interest rate cuts in the US and earnings momentum in India. The day witnessed a strong rally driven by a mix of factors: weekly derivatives expiry; a rate cut in…
Source: Live Mint US stocks were mixed on Thursday after hot Producer Prices Index (PPI) data. US wholesale prices rose by 0.2 per cent in August, putting the index on an annual basis at 1.7 per cent, down from a revised 2.1 per cent. The PPI, excluding food and energy components, rose by 0.3 per…
Source: Live Mint Western Carriers, on Thursday, announced that the firm has raised ₹148 crore from anchor investors a day before its initial public offering (IPO) opens for bidding. According to the exchange filing, the company has allocated 85,96,743 shares at the upper price band of ₹172 to 15 anchor investors. “Western Carriers (India) Limited…
Source: Live Mint Gold prices surged over 1 per cent to reach an all-time high on Thursday, driven by growing expectations of an interest rate cut by the Federal Reserve next week following U.S. data indicating a slowing economy. As of 9:46 a.m. ET (1346 GMT), spot gold had risen 1.6 per cent to $2,551.19…
Source: Live Mint The initial public offering (IPO) of PN Gadgil Jewellers, which opened for subscription on September 10, was subscribed over 59.41x on the final day of bidding. As of January 2024, the company is the second-largest among major organized jewellery players in Maharashtra based on the number of stores, according to the RHP….
Source: Live Mint Suzlon Energy’s shares surged to a 5 per cent upper circuit for the third straight session, hitting a new 52-week high of ₹86 in Wednesday’s BSE trading. This boost was fueled by favorable investor sentiment after Morgan Stanley assigned an overweight rating to the renewable energy firm. The stock experienced significant trading…
Source: Live Mint If you are using UPI Lite for small-value transactions, then there is good news for you. Starting October 31, you will be able to use auto top-up option for reloading the amount of your choice in your UPI Lite account. By issuing a circular dated August 27, the National Payments Corporation of…
Source: Live Mint Expert view: Pramod Gubbi, the co-founder of Marcellus Investment Managers, believes the valuation of Nifty 50 is high but not out of balance. In an interview with Mint, Gubbi discussed the long-term opportunities and the impact of the US Fed rate cut on the Indian stock market. Edited excerpts: Does this market…
Source: Live Mint “Which mutual fund should I invest in?” It must have been the 20th time my sister had called to ask me this. As usual, I tried explaining the basics but was quickly interrupted this time. “Don’t waste my time, just tell me where most people are investing.” This was understandable. She had…
