Posts in category Economic Times
These 5 midcaps with lower than industry P/E turn outperformers. Time to buy? (02-04-2024)
These five BSE midcap stocks outperformed their specific industries
These 5 midcaps with lower than industry P/E turn outperformers. Time to buy? (02-04-2024)
These five BSE midcap stocks outperformed their specific industries
Blackstone eyes $300 million IPO of Indian diamond certification firm: Report (02-04-2024)
Blackstone acquired IGI for $570 million in May 2023 from Chinese conglomerate Fosun and the business's founding Lorie family. IGI has most of its business in India and describes itself as the world's largest independent lab for testing and grading diamonds and other gemstones and jewelry.
GE Vernova completes spin-off from GE, begins trading on NYSE (02-04-2024)
The company said the spin-off was achieved by GE’s distribution of all shares of the common stock of GE Vernova Inc. Each holder of record of GE common stock received one share of GE Vernova Inc. common stock for every four shares of GE common stock held on March 19, 2024.
JSW Energy to raise Rs 5,000 crore via QIP (02-04-2024)
A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.
Technical Breakout Stocks: How to trade Bharat Electronics, Bajaj Auto and Aditya Birla Fashion on Wednesday (02-04-2024)
The S&P BSE Sensex fell over 100 points while the Nifty50 closed above the 22,450 level. Sectors like consumer durables, oil & gas, the public sector, and utilities, saw buying while IT, telecom and banks saw some selling pressure.
NSE reduces market lot of Nifty 50 derivative contracts, 2 others (02-04-2024)
This is part of the periodic revision of lot sizes for derivatives contracts done by exchange under the prescribed guidelines of Sebi. The market lot for the Nifty 50 derivative contract has been reduced to 25 from 50, the exchange said in a circular.
Stock market update: Stocks that hit 52-week lows on NSE in today’s trade (02-04-2024)
Hero MotoCorp, Kotak Bank, HCL Tech, ICICI Bank and SBI Life were among the top losers on NSE in today's trade.
Stock market update: Power stocks up as market falls (02-04-2024)
The 30-share BSE Sensex closed down 110.64 points at 73903.91
Main-board IPOs collect Rs 62,000-cr in FY24 on upbeat secondary mkt, strong retail participation (02-04-2024)
Buoyant secondary markets, strong participation of retail investors, and robust flows from institutional investors helped 76 companies in raising nearly Rs 62,000 crore through mainboard IPOs in 2023-24, marking a 19 per cent surge from the previous fiscal year.