Stock market live updates on March 15, 2024: The US producer price index rose 0.6 per cent against expectations of a 0.3 per cent rise, sending the US-10 year treasury yield higher by 10 bps to 4.29%
Posts in category Business Standard
Near-term weakness likely for Nifty Pharma, Energy: Check trading strategy (15-03-2024)
Technical indicators such as RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are both displaying a downtrend on charts for Nifty Pharma
Proxy companies give approval for ICICI Securities delisting bid (14-03-2024)
Move will see ISec become wholly-owned subsidiary of ICICI Bank
Nippon Mutual Fund releases small, midcap fund stress-test report (14-03-2024)
The top 10 investors in the smallcap and midcap schemes have an aggregate holding of 1.54 per cent and 0.91 per cent, respectively
NSE’s social exchange listings swell to 5; FM Sitharaman hails fundraise (14-03-2024)
The market regulator last year reduced the minimum application size from Rs 2 lakh to Rs 10,000 and cut the minimum issue size from Rs 1 crore to Rs 50 lakh
Sebi may allow employees to donate on social stock exchange: Buch (14-03-2024)
Sebi chairperson Madhabi Puri Buch on Thursday said the regulator’s board will consider a proposal for allowing staff to donate money for causes through the social stock exchange (SSE).
Speaking at an event to mark the listing of first five non-profits on the newly created SSE, Buch said Sebi personnel are not allowed to invest in securities right now and they need to be allowed to participate in the upliftment of the disadvantaged people.
“We are actually going to the Sebi board tomorrow to take permission for Sebi staff to be able to buy zero-coupon, zero-principal bonds because we are not permitted to buy securities,” she said, adding she is hopeful of the proposal going through.
Buch added that personally, she is very keen to support the cause for emancipation of girls.
As per the Sebi website, nearly 1,000 people worked at the capital markets regulator as on March 2022. The ‘zero-coupon, zero-principal’ are instruments for donating money to non-profit organizations listed on t
Subhash Chandra suppressed facts in Zee fund diversion case: Sebi tells SAT (14-03-2024)
The market regulator is investigating the alleged fund diversion by Chandra and his son Punit Goenka, who is also the managing director and chief executive officer of Zee
Small and midcaps reclaim lost ground; Sensex ends 335 points higher (14-03-2024)
The Nifty midcap 100 rose 2 per cent, while the Nifty Smallcap 100 gained 3.5 per cent. Both indicies had plunged about 5 per cent each a day earlier in what was their worst performance in two years
Krystal Integrated Services’ IPO subscribed 36% on first day of offer (14-03-2024)
The Initial Public Offer (IPO) of facility management and security services provider Krystal Integrated Services got subscribed 36 per cent on the first day of bidding on Thursday.
The initial share sale received bids for 10,78,460 shares against 29,99,448 shares on offer, according to data available with the NSE.
The category for non-institutional investors received 43 per cent subscription while the portion for Retail Individual Investors (RIIs) got subscribed 34 per cent. The Qualified Institutional Buyers (QIBs) part received 33 per cent subscription.
The IPO has a fresh issue of up to Rs 175 crore and an offer-for-sale component of up to 17,50,000 equity shares.
The price range for the offer is Rs 680-715 a share.
Krystal Integrated Services has mopped up over Rs 90 crore from anchor investors.
The company began operations in 2000 as a private security staff provider and from 2005 entered the facility management segment.
Around 70 per cent of its facility management busines
Krystal Integrated Services’ IPO subscribed 36% on first day of offer (14-03-2024)
The Initial Public Offer (IPO) of facility management and security services provider Krystal Integrated Services got subscribed 36 per cent on the first day of bidding on Thursday.
The initial share sale received bids for 10,78,460 shares against 29,99,448 shares on offer, according to data available with the NSE.
The category for non-institutional investors received 43 per cent subscription while the portion for Retail Individual Investors (RIIs) got subscribed 34 per cent. The Qualified Institutional Buyers (QIBs) part received 33 per cent subscription.
The IPO has a fresh issue of up to Rs 175 crore and an offer-for-sale component of up to 17,50,000 equity shares.
The price range for the offer is Rs 680-715 a share.
Krystal Integrated Services has mopped up over Rs 90 crore from anchor investors.
The company began operations in 2000 as a private security staff provider and from 2005 entered the facility management segment.
Around 70 per cent of its facility management busines