Landmark Cars IPO was subscribed 3.06 times on the final day. The issue garnered bids for 2.46 crore shares against the IPO size of 80.41 lakh shares. Retail investors bought 59% shares of the allotted quota, while employees bid 2.93 times the portion set aside for them. The company reserved Rs 1 crore worth of […]
The Securities and Exchange Board of India (Sebi) is nudging investment bankers to exclude names of legal counsel who are not directly advising a company in an initial public offering (IPO) from its offer documents. The regulator recently communicated this to bankers through observation letters and informal advisories, said three people familiar with the matter. […]
Shares of SpiceJet on Tuesday fell by 4 per cent on Tuesday after the apex court directed the airline to encash bank guarantee and pay Rs 270 crore to its former promoter Kalanithi Maran. The scrip of the company declined 3.99 per cent to Rs 33.65 apiece on the NSE. The stock witnessed a similar […]
As the US Federal Reserve hiked interest rates by 25 bps, SGX Nifty hinted that the domestic equity indices could see a start in the red on Thursday. On the Singapore Exchange, Nifty futures were trading lower, down by 49.5 points, at the 17,108.5 level. On Wednesday, the markets rose for the second consecutive session […]
Bajaj Finance, Maruti Suzuki and Tata Consumer shares are on the ‘Buy’ list of Sharekhan. The shares of all three companies had ended the last session of April in green. In comparison, the NSE Nifty 50 surged 149.95 points or 0.84% to 18,065 and BSE Sensex skyrocketed 463.06 points or 0.76% to 61,112.44. In sectoral […]
Indian benchmark indices are likely to open marginally in green, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading 35 pts or 0.19% higher at 18,111.0. In the previous session, BSE Sensex gained 562.75 points or 0.94% to end at 60,655.72, and NSE Nifty 50 settled 158.50 points or 0.89% higher at 18,053.30. […]
BSE Sensex is likely to hit a new all-time high of 65000 by December 2022, Sunil Damania, Chief Investment Officer, MarketsMojo, said. In an exclusive interview with Surbhi Jain of FinancialExpress.com, Sunil Damania said that despite global uncertainty, high crude oil prices, and rising interest rates, India Inc. delivered both on-year and sequential growth in […]
Indian equity markets are likely to stay volatile over the next couple of months due to central banks’ measures to tighten financial conditions, reign in inflation, and likelihood of Chinese Central announcing stimulus measures. Nifty will continue to be volatile but range-bound in a broad range of 15300 to 16800 in the next three months, […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices concluded Wednesday’s volatile session in the green territory. The NSE Nifty 50 rose 42.95 pts or 0.24% to 17,754.40 and BSE Sensex climbed 123.63 pts or 0.21% to 60,348.09. Bank Nifty rose 226.70 pts or 0.55 to 41,577.10. The top gainers on Nifty […]
The emergence of global digital trends seems to have paved the way for cybersecurity’s evolution, for now, and beyond. In 2023, it’s believed that businesses devised different ways to integrate cybersecurity measures into their structure. Organisations which associate their cybersecurity measures with business goals are 18% more expected to increase market share and revenue growth, […]