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Source: Live Mint The health of the U.S. consumer moves into the spotlight next week, with investors watching corporate earnings reports and retail sales data for further confirmation of the economic resilience that has boosted equity markets this month. As earnings season kicks off, stocks are on a roll. The benchmark S&P 500 is set…
Source: Live Mint Garuda Construction and Engineering IPO: The mainboard initial public offering (IPO) of construction major Garuda Construction and Engineering Limited closed with a decent demand from investors during the three-day subscription period. Garuda Construction and Engineering IPO’s allotment has been finalised, and investors are now awaiting the announcement of the listing date. The…
Source: Live Mint Foreign institutional investors (FIIs) have net sold the most shares by value in four-and-a-half years so far this month amid a rally in Chinese stocks, escalating tensions in the Middle East and relatively costlier valuations of domestic equities. FII sales in the month through 11 October stand at ₹58,711 crore, according to…
Source: Live Mint The Nifty 50 index wrapped up the week at 24,965, comfortably above the anticipated support zone of 24,800 to 24,900. A consistent close above the key support level of 25,700 indicates that the bullish trend may continue, with potential resistance levels looming around 26,700. Market participants are keenly observing whether the Nifty…
Source: Live Mint Hyundai Motor IPO: The much-awaited mainboard initial public offering (IPO) of leading auto major Hyundai Motor India Ltd will hit India’s primary market to open for subscription on Tuesday, October 15, 2024. The IPO of the Indian subsidiary of South Korea’s Hyundai Motor Company is set to become the largest public issue…
Source: Live Mint Wipro Ltd’s board of directors is to consider a bonus issue of shares in the upcoming board meeting, which is expected to be conducted on October 17, according to the company’s BSE filing on Sunday, October 13. “The Board of Directors of the Company will be considering a proposal for issue of…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint “After the visa rejection, I wanted to make sure I didn’t face any more visa issues. Both Laos and Vietnam offered e-visas, and Thailand offered visa-on-arrival. Also, these countries are well connected with each other and considered safe for backpackers who are just starting out,” says Daga. So that’s where they went—a…
Source: Live Mint Gold prices exhibited a modest increase on Sunday. The current price of 24 carat gold stands at Rs.7784.3 per gram, reflecting an increase of Rs.260.0. The price of 22 carat gold is Rs.7137.3 per gram, which is up by Rs.240.0. In the past week, the price change for 24 carat gold has…
Source: Live Mint Reliance Industries Limited (RIL) announced that its Board of Directors had approved a 1:1 bonus share issue during its annual general meeting (AGM) in September this year. This means shareholders holding one fully paid-up equity share of ₹10 each will receive an additional share of the same value. The bonus issuance is…
