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Source: Live Mint Life Insurance Corporation of India (LIC) has increased its stakeholding to 5.02 per cent in the edible oil refiner Patanjali Foods through the purchase of shares via open market operations, according to an exchange filing on Tuesday, November 26. The stakeholding of the government-owned insurer rose 0.034 per cent to 5.02 per…
Source: Live Mint Indian stock market ended another day in the green, fueled by the BJP and its allies securing a decisive victory in the Maharashtra state elections, providing a much-needed boost to the markets, which had been under pressure from weak Q2 earnings and persistent FPI selling. The Nifty 50 extended its winning streak…
Source: Live Mint Indian Stock Market: Foreign institutional investors (FIIs) continue to remain net sellers in the Indian stock markets for the second consecutive month, with November following a pattern similar to that of October. This shift comes after a period of sustained net buying, which lasted for four months from June to September. The…
Source: Live Mint Enviro Infra Engineers Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component. The IPO completed its second day of public bidding on Monday, November 25. The public offer was subscribed 12.52 times on the second day as investors bid for 38,55,19,222 or 38.55…
Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint India’s primary market is poised to witness significant market activity related to the listing of the much-awaited initial public offering (IPO) of NTPC Green Energy, Enviro Infra Engineers and two other small and medium enterprises (SME) public issues. Along with this, there will be six other SME IPOs opening this week starting…
Source: Live Mint Buy or sell: The Nifty Index ended the week at 23,907, firmly holding above the critical support level of 23,000. Despite facing adverse global news, such as the ongoing Russia-Ukraine war and the Adani bribery case, the Nifty managed to maintain its position above 23,000, showcasing resilience in the face of market…
Source: Live Mint Dividend stocks: Shares of major companies, such as National Aluminium Co. Ltd , Gillette India, Godfrey Phillips India and others, are scheduled to trade ex-dividend starting on Monday, November 25, 2024, according to BSE. Some of the major companies have announced various corporate actions, including the bonus issue, extraordinary general meetings (EGM),…
Source: Live Mint Top News Record Investments in SIPs Indian investors achieved a significant milestone in October, contributing a record ₹25,322.74 crore to Systematic Investment Plans (SIPs). The total number of SIP accounts also crossed 10.12 crore, demonstrating sustained growth in systematic and disciplined investment methods. IPO Market Updates The IPO market continued to perform…
Source: Live Mint Stock Market Today: Reliance Power, Angel One and Muthoot Finance were among 17 stocks that mutual funds completely exited in October, suggested a report by Nuvama Alternative & Quantitative Research. Among other companies that mutual funds exited include The Ramco Cement, Crompton Greaves Consumer, Natco Pharma, City Union Bank, Gujarat Gas, Havells,…
