Posts in category Business Standard
Nifty Pvt Bank, Nifty Fin Services: Here’s why you should look to buy (07-11-2023)
According to Ravi Nathani, an independent technical analyst, Nifty Private Bank index can be bought at existing levels, while one should prefer to buy Nifty Financial Services Index on dips.
New demat account tally slips below 3 million in October, shows data (06-11-2023)
With this, the total account tally has reached 132 million. In the preceding two months, the industry had added over 3 million accounts each month
Protean eGov Tech IPO receives full subscription on Day 1 of offer (06-11-2023)
The Initial Public Offering (IPO) of Protean eGov Technologies received full subscription on the first day of share sale on Monday.
The initial share sale received bids for 46,91,250 shares against 43,78,700 shares on offer, translating into 1.07 times subscription, as per NSE data.
The portion for Retail Individual Investors (RIIs) was subscribed 1.49 times while non institutional investors quota got subscribed 1.65 times. The category for Qualified Institutional Buyers (QIBs) received 1 per cent subscription
Protean eGov Technologies (formerly known as NSDL E-Governance Infrastructure) on Friday said it has mobilized a little over Rs 143 crore from anchor investors.
The public issue is purely an offer of sale (OFS) by existing shareholders. The OFS size has been reduced to 61.91 lakh equity shares from 1.28 crore equity shares planned earlier.
Since the IPO is completely an OFS, the entire proceeds will go to the selling shareholders and the company will not receive any funds fr
Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share (06-11-2023)
The NII for the reported quarter improved by 26 per cent to Rs 8,845 crore from Rs 7,002 crore in the same period a year ago
Crypto wallet app Okto announces $5 mn treasury fund for Vauld users (06-11-2023)
Okto said it has introduced a 2 per cent bonus for users who choose to transfer their assets from Vauld to Okto
FPI selloff in Indian shares hits nine-month high in October: NSDL data (06-11-2023)
Geopolitical concerns due to the ongoing Middle East conflict also added to the risk aversion in the markets in October, analysts added
Markets rally for third day as bond yields soften; Sensex rises 595 points (06-11-2023)
The Fed's dovish comments rekindled hopes of its rate-hiking campaign ending and spurred an equity rally across the globe
Markets rise for 3rd day as bond yields soften; Sensex, Nifty up nearly 1% (06-11-2023)
The Fed's dovish comments rekindled hopes of its rate-hiking campaign ending and spurred an equity rally across the globe
Rupee, government bond gain post favorable US non-farm payroll data (06-11-2023)
The central bank had not given any timeline for OMO sales and said it will depend on the ongoing liquidity situation
Rupee, government bond gain post favorable US non-farm payroll data (06-11-2023)
The central bank had not given any timeline for OMO sales and said it will depend on the ongoing liquidity situation