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Source: Live Mint New Delhi, Dec 29 (PTI) Six of the top-10 most valued firms together added ₹86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities. Last week, the BSE benchmark climbed 657.48 points or 0.84 per…
Source: Live Mint Top News The mutual fund industry witnessed a remarkable surge in Systematic Investment Plan (SIP) contributions, reaching an all-time high of ₹25,320 crore in November. Despite market fluctuations, SIPs continue to attract investors due to their affordability, compounding benefits, and ability to mitigate risks through periodic investments. The milestone reflects a growing…
Source: Live Mint Breakout stocks: Domestic brokerage firm Anand Rathi Investment Services has picked Escorts Kubota Limited as its stock pick of the month for December 2024 with a potential upside of 11.55 per cent. Shares of Escorts Kubota Limited, an agriculture machinery and tractor manufacturer, closed 3.43 per cent higher at ₹3,260.30 in Friday’s…
Source: Live Mint Dividend, bonus, stock split: Redtape Limited is scheduled to trade ex-dividend while KPI Green Energy Ltd, Banco Products India Ltd, and Surya Roshni Ltd, among others, to trade ex-bonus next week, starting on Monday, December 30, according to BSE data. Some of the major companies have announced various corporate actions, including stock…
Source: Live Mint The Mumbai-based payments solutions provider, Seshaasai Technologies Limited, filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Friday, December 27. The company is a payments solution provider that deals with developing technology to carry out contactless payments, customer communication and smart…
Source: Live Mint Devina Mehra, the chairperson, managing director and founder of First Global, expresses optimism regarding the long-term outlook for mainstream stocks and indices of the Indian stock market. She highlights that these indices have yet to reach their long-term compounding trend lines or extremes in terms of rolling returns. In an exclusive interview…
Source: Live Mint The Indian stock market outlook for 2025 remains cautiously optimistic as the Nifty 50 valuations suggest modest upside potential, said Dhiraj Relli, MD & CEO at HDFC Securities. He believes the large-cap indices will likely offer better risk-adjusted returns than the mid-cap and small-caps. In an interview with Livemint, Relli said that…
Source: Live Mint Neilsoft Ltd, the Tokyo-based Fujita Corporation backed engineering services and solutions (ER&D) company, has filed a draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through initial public offering (IPO). Neilsoft IPO is a mix of fresh issue of shares up to ₹100 crore and an offer-for-sale (OFS)…
Source: Live Mint The US market opened lower on Thursday, December 26, as Wall Street witnessed investors sticking with their existing portfolio, contributing to lighter trading volumes. At 9:30 am (EDT), the stock markets for the United States opened lower, with the Dow Jones Industrial Average dropping 0.22 per cent to 43,201.85 points, compared to…
Source: Live Mint Mumbai-based real estate developer Sri Lotus Developers Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Thursday, December 26. The company aims to raise nearly ₹792 crore through its book-built initial public offering (IPO). The real estate developer is…
