At 7:28 AM, GIFT Nifty indicated a flat opening as it was trading about 3.5 points lower at 24448.50 levels, as against Nifty Futures last close of 24,452.
Posts in category Business Standard
Stock Market LIVE Updates: Sensex at 79,400, Nifty at 24,150; Bank, Auto, Cons, Oil drag around 2-3% (25-10-2024)
Share Market Live: Benchmark equity indices trading with deep loses after a choppy first hour following a marginally higher open on Friday morning
Market Today: Afcons Infra IPO opens today, IndiGo Q2, Gold at record, FIIs (25-10-2024)
The GIFT Nifty indicated a flat start, with an uptick of 12 points at 6:35 AM, trading at 24,464.5
Nandish Shah of HDFC Securities recommends ‘Bear Spread’ on Nifty today (25-10-2024)
Short term trend of the Nifty remains weak as it is placed below its 5, 11 and 20 day EMA
Nifty Energy, FMCG indices shows signs of consolidation; key levels here (25-10-2024)
The Nifty Energy Index is currently in an oversold zone, as suggested by technical indicators like the MACD and RSI.
Ahead of IPO, Afcons Infra collects Rs 1,621 cr from anchor investors (24-10-2024)
Shapoorji Pallonji Group’s flagship infrastructure engineering and construction firm Afcons Infrastructure Ltd (AIL) on Thursday said it has mobilised Rs 1,621 crore from anchor investors, a day before its initial share sale opening for public subscription.
Foreign and domestic institutions participated in the anchor book include HDFC Mutual Fund (MF), ICICI Prudential MF, BlackRock, Fidelity Investments, Goldman Sachs, HSBC Group, Nomura, Nippon India MF, Enam Holdings, Mirae MF, Quant MF, Invesco MF, Eastbridge, Amundi, Invesco HK and SBI General Insurance.
The company has allocated over 3.5 crore equity shares to 80 funds at Rs 463 apiece, which is also the upper end of the price band.
This aggregates the transaction size to Rs 1,621.5 crore, according to a circular uploaded on BSE’s website.
Of 3.5 crore equity shares, 1.17 crore equity shares worth Rs 542.2 crore were allocated to 15 domestic mutual funds through a total of 31 schemes. This accounts for 33.44 per cent of the .
Madhabi Puri Buch skips House panel meet; hearing deferred amid protests (24-10-2024)
The ruling National Democratic Alliance (NDA) members of the PAC challenged the postponement of the meeting
Godavari Biorefineries IPO gets subscribed 54% on second day of offer (24-10-2024)
The initial public offer of ethanol and bio-based chemicals maker Godavari Biorefineries Ltd subscribed 54 per cent on day two of bidding on Thursday.
The initial share sale received bids for 60,89,832 shares against 1,12,74,739 shares on offer, as per NSE data.
The portion meant for retail individual investors (RIIs) received 96 per cent subscription, while the quota for non-institutional investors got subscribed 26 per cent.
Godavari Biorefineries Ltd on Tuesday said it has raised over Rs 166 crore from anchor investors.
The initial share sale is a combination of a fresh issue of equity shares worth Rs 325 crore and an offer-for-sale (OFS) of 65.27 lakh equity shares valued at Rs 230 crore at the upper end of the price band by promoters and an investor. This translates into the total IPO size of Rs 555 crore.
Private equity firm Mandala Capital AG Ltd is offloading 49.27 lakh shares through the OFS route.
The price range for the offer is Rs 334 to Rs 352 per share.
Proceeds fr
Board of Coromandel International approves capex of Rs 800 cr (24-10-2024)
At meeting held on 24 October 2024