The offer received bids for 5.34 crore shares as against 1.02 crore shares on offer.
Posts in category Business Standard
Barometers inch up despite early dip, budget hopes fuel sectoral churn (24-06-2024)
Domestic stocks clawed their way back after a shaky start today, closing with modest gains. The Nifty 50 even dipped to 23,350 in early trade but recovered by midday, fueled by auto, consumer durables, and FMCG stocks. Sectoral shuffling was seen as investors weighed pre-budget expectations and hunted for bargains. The Sebi’s probe into Quant Mutual Fund cast a minor shadow, but overall, the mood was cautiously optimistic.
Japan Markets Settle Higher As BoJ Summary Shows Chance Of Rate Hike (24-06-2024)
The board of the Bank of Japan discussed the chance of an early rate hike as there is rising upside risks to prices, according to the summary of opinions at the monetary policy meeting on June 13 and 14.
Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr (24-06-2024)
Unlike the previous election years, bankers said there was more certainty regarding the outcome
China’s Shanghai Composite Index dips more than 1% (24-06-2024)
Hong Kong’s Hang Seng index finished marginally lower at 18,027.71 as China and the European Union agreed to start talks on the increased tariffs on electric vehicles.
HSBC launches trading platform in UAE with access to 77 global exchanges (24-06-2024)
World Trader’s extensive network covering up to 77 exchanges across 25 markets directly addresses the growing customer demand for international investments
Nifty June futures trade at premium (24-06-2024)
The NSE’s India VIX rallied 6.65% to 14.06.
Swan Energy board OKs to acquire 49% stake in TOPL (24-06-2024)
Swan Energy announced that its board has approved the acquisition of a 49% stake in Triumph Offshore Private (TOPL) from Indian Farmers Fertiliser Cooperative (IFFCO) for total consideration of Rs 440 crore.
Quick Wrap: Nifty Media Index declines 1.87% (24-06-2024)
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Nifty ends above 23,500 level; Sensex gains 131 pts; VIX surges 6.65% (24-06-2024)
The key equity indices ended with small gains on Monday. The Nifty settled above the 23,500 level after the hitting days low of 23,350 in morning trade. Auto, consumer durables and FMCG stocks advanced while media, PSU bank and metal shares declined.