Mukesh Ambani, aiming for India’s largest IPO, plans to list Reliance Jio in 2025 with a targeted valuation exceeding $100 billion. The Reliance Retail IPO, however, is postponed beyond 2025 to address internal business challenges.
Posts in category Economic Times
Tata Chemicals, L&T among 5 stocks with long unwinding (04-11-2024)
Long unwinding occurs when investors sell their long-term positions to book profits or anticipate a market downturn. On Monday, five stocks experienced significant long unwinding.
MFs hiked stakes in these 10 smallcap stocks. Do you own any? (04-11-2024)
An ETMarkets analysis reveals an interesting trend: Mutual Funds (MFs) have been steadily increasing their investments in 152 smallcap stocks over the past four quarters, from December 2023 to September 2024.
Global headwinds and high valuations driving Indian markets lower: Shreyash Devalkar (04-11-2024)
Thirdly, there are some global factors as well that what is the trajectory of China’s stimulus, so that has been one of the key factors, which in the last year, when some of the FIIs might have thought about China also as an investment class. But after that, again, China has corrected as well
City Union Bank among 6 smallcap stocks that hit 52-week highs on Monday (04-11-2024)
With two major events approaching — the US election and the Fed meeting — traders adopted a risk-off approach on Monday, causing the Sensex to drop nearly 1,500 points. Nifty also fell about 2% to 23,800, marking its lowest level since August 6.
IRCTC shares 2.19 per cent in Monday’s trading session (04-11-2024)
The Relative Strength Index of the stock stood at 35.33 on Monday.
Bandhan Bank shares 2.28% as Sensex falls (04-11-2024)
The stock quoted a 52-week high of Rs 263.15 and a 52-week low of Rs 167.35.
Share price of Zomato as Sensex drops 1247.87 points (04-11-2024)
Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 52.53 per cent and 13.57 per cent, respectively.
Share price of Tata Power as Sensex drops 1301.43 points (04-11-2024)
Promoters held 46.86 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 9.17 per cent and 9.13 per cent, respectively.
Brent crude likely to trade between $75-80/bbl, fundamentals don’t support higher prices: Emkay Wealth (04-11-2024)
Stating that the fundamental factors do not support higher oil prices, Emkay Wealth Management, the wealth management arm of Emkay Global Financial Services, said that the Crude is likely to continue trading in a broad range of $75-80/bbl.