Posts in category All News
Fairfax sells 9.72% in CSB Bank for Rs 595 crore (28-06-2024)
Prem Watsa's Fairfax Group divests 9.72% stake in CSB Bank, raising Rs 595 crore through block deals. Key buyers include Amansa Holding and institutional investors like ICICI Prudential MF and Abu Dhabi Investment Authority, reducing Fairfax's stake to 40% from 49.72%
Nifty Bank derivative strategy: Check these key levels before investing (28-06-2024)
RSI Oscillator is sloping upwards and placed above 60 on the daily and weekly chart, suggesting strength in the current up move, says HDFC Securities
Allied Blenders IPO Subscribed 23.55 Times (28-06-2024)
Allied Blenders and Distillers, India's third-largest domestic IMFL company, concludes its 1,500-crore IPO with overwhelming demand, oversubscribed 23.55 times. The offering, featuring a price band of 267-281 apiece, saw robust interest across all investor categories, reflecting confidence in its diverse portfolio of whisky, brandy, rum, vodka, and gin.
Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus (28-06-2024)
Pre-market update for Friday: Shares of telecom companies are likely to be in focus following the up to 25 per cent tariff hike by Reliance Jio;.
Wait for earnings and Budget to identify attractive sectors for investment: Deepak Shenoy (28-06-2024)
These companies are quite cyclical, moving between downturns and upturns. Recently, there has been an upturn for Muthoot and Manappuram, partly because IIFL, a major player in the gold financing space, faced some RBI action leading to a slowdown in its gold lending portfolio.
Q1 performance for PVR to be quite muted for FY25: Karan Taurani (28-06-2024)
I think everything sits perfectly well for Kalki. So, the opening definitely is blockbuster. I think the trade and the checks are indicating that the response to this movie so far has been mixed. It is not completely positive or completely negative.