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Source: Live Mint Buy or sell stocks for today: Domestic equity benchmarks Sensex and Nifty 50 extended their winning streak for the fifth consecutive session after fag-end buying in banking and power shares helped stock markets recoup early losses. Both frontline indices settled at all-time highs on positive triggers. After a roller-coaster swing, the 30-share…
Source: Live Mint Following the recent lifting of RBI restrictions on its gold loan business, global brokerage house HSBC upgraded IIFL Finance stock to ‘hold’ from ‘reduce.’ HSBC also raised the stock’s target price to ₹540 from ₹350 earlier, implying an 8 percent upside potential. HSBC also upgraded its FY25-27 EPS estimates by 6 percent…
Source: Live Mint The bulls are showing no signs of backing down. Despite a weak start, they staged a strong comeback in the final hour of trading today. This resurgence has driven both the Nifty 50 and the Sensex to hit new milestones, marking their fifth consecutive session of gains. The Nifty 50 surged by…
Source: Live Mint Unilex Colours and Chemicals Limited IPO (Unilex Colours and Chemicals IPO): The issue opened for subscription on 25 September. Check here for Subscription status, GMP, key dates, all you need to know Unilex Colours and Chemicals IPO: Subscription status Unilex Colours and Chemicals IPO subscribed 0.56 times. By September 25, 2024, 3:45:01…
Source: Live Mint There are two sides to investing, buying and selling. The most basic purpose of any investment is to make profits. Those profits are useful to you, only if you actually book them when you sell your investment. However, the danger with focusing too much on profit booking is that you don’t want…
Source: Live Mint US stock indices were subdued on Wednesday, as investors were awaiting further data on the state of the economy. The next big economic data due this week will be on personal income and personal spending for August, and PCE (Personal Consumption Expenditures) index for August. As of 9:35 a.m. Eastern time, the…
Source: Live Mint Avi Ansh Textile IPO: The initial public offering (IPO) of small and medium-sized enterprise (SME) Avi Ansh Textile Limited received a strong response from investors during its recent three-day subscription period. The cotton yarn manufacturer’s SME IPO opened for subscription on September 20, 2024, and was oversubscribed when it closed on September…
Source: Live Mint Logistics service provider Glottis has filed preliminary papers with capital markets regulator Sebi to raise an estimated ₹450-500 crore through an initial public offering (IPO). The Chennai-based company’s IPO is a combination of a fresh issue of equity shares worth ₹200 crore and an offer for sale (OFS) of up to 1.45…
Source: Live Mint Gold soared to a record high on Wednesday as expectations for another big rate cut by the U.S. Federal Reserve bolstered bullion’s bull rally, and a softer dollar added to the metal’s appeal. Spot gold gained 0.4% to $2,667.03 per ounce by 1409 GMT, after hitting an all-time high of $2,670.43 earlier….
Source: Live Mint KRN Heat Exchanger IPO: The initial public offering (IPO) of KRN Heat Exchanger and Refrigeration Limited opened for subscription on Wednesday, September 25, 2024. The mainboard IPO of the leading fin and tube-type heat exchanger manufacturer will remain open for bidding till September 27, 2024. KRN Heat Exchanger IPO, worth ₹342 crore,…
