History suggests that the start of a rate-cut cycle alone is not a reliable trigger for market rallies
Posts in category Business Standard
Donald Trump launches cryptocurrency venture World Liberty Financial (17-09-2024)
Republican presidential nominee Donald Trump launched his family’s cryptocurrency venture, World Liberty Financial, with an interview on the X social media platform in which he also gave his first public comments on the apparent assassination attempt against him a day earlier.
Trump did not discuss specifics about World Liberty Financial on Monday or how it would work, pivoting from questions about cryptocurrency to talking about artificial intelligence or other topics. Instead, he recounted his experience Sunday, saying he and a friend playing golf heard shots being fired in the air, and I guess probably four or five.
I would have loved to have sank that last putt, Trump said. He credited the Secret Service agent who spotted the barrel of a rifle and began firing toward it as well as law enforcement and a civilian who he said helped track down the suspect.
World Liberty Financial is expected to be a borrowing and lending service used to trade cryptocurrencies, which are forms of ..
Wall Street rises ahead of key Fed decision; S&P 500 nears record high (17-09-2024)
Microsoft gains after new share buyback plan, dividend hike
Arkade Developers IPO gets subscribed 16.20 times on Day 2 of bidding (17-09-2024)
The initial public offer of Arkade Developers Ltd received 16.20 times subscription on the second day of bidding on Tuesday.
The initial share sale received bids for 38,51,04,390 shares against 2,37,75,719 shares on offer, as per NSE data.
The portion for non-institutional investors attracted 28.26 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 19.99 times. The quota for Qualified Institutional Buyers (QIBs) fetched 44 per cent subscription.
The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription.
Realty firm Arkade Developers Ltd has raised Rs 122.40 crore from anchor investors.
The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore initial public offering.
The initial share sale will conclude on September 19.
The IPO is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (O
Enter momentum funds high-risk, high-reward strategy with 7-year horizon (17-09-2024)
“Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy,” says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC
GPT Infraprojects wins Rs 204 cr project of South Eastern Railway (17-09-2024)
Powered by Capital Market – Live News
SKF initiates separation of its automotive biz (17-09-2024)
Given different business dynamics, end markets and success drivers for the Industrial and Automotive business segments, a separation will facilitate a clearer focus on distinct opportunities to enhance customer value, accelerate growth as well as improve efficiency and competitiveness.
Revolt Motors launches electric motorcycle – the Revolt RV1 (17-09-2024)
The RV1 and its premium variant, RV1+, are offered in four striking colours, priced at an introductory Rs 84,990 for the RV1 and Rs 99,990 for the RV1+.
Torrent Power receives LoI for 1500 MW pumped hydro storage project (17-09-2024)
From Maharashtra State Electricity Distribution Co.(
Northern Arc Capital IPO got subscribed 9.98 times on Day 2 of offer (17-09-2024)
The initial public offer of non-bank financial institution Northern Arc Capital Ltd got subscribed 9.98 times on the second day of bidding on Tuesday.
The share sale received bids for 21,43,97,349 shares against 2,14,78,290 shares on offer, as per NSE data.
The quota for non-institutional investors received 21.71 times subscription while the Retail Individual Investors (RIIs) part got subscribed 10.82 times. The portion meant for Qualified Institutional Buyers (QIBs) garnered 20 per cent subscription.
Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors.
The Rs 777-crore IPO of the Chennai-based company will conclude on September 19. The price has been fixed in the range of Rs 249-263 per share.
The IPO is a combination of a fresh issue of equity shares valued at Rs 500 crore and an Offer For Sale (OFS) of up to 1,05,32,320 equity shares worth Rs 277 crore, at the upper end of the price band, by investor shareholders. This aggregates the issue si