Posts in category Economic Times
Ixigo raises Rs 333 crore from anchor investors ahead of IPO (07-06-2024)
Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, Government of Singapore are some of the marquee investors who subscribed to Ixigo's anchor book. The company had already announced pre-IPO secondary placements of around Rs 176.2 crore at the top end of price band.
Trader sends abusive responses to Sebi regarding insider trading, fined Rs 20 lakh (07-06-2024)
Though Rajat Mishra said he would be available for video call anytime in response to the summons dated March 7, he failed to appear through the call before the investigating authority from Common Investor Service Centre, Lucknow.
Chandrababu Naidu family’s fortune up by Rs 856 crore as Heritage Foods stock soars 64% in 5 days (07-06-2024)
On Friday, shares of Heritage Foods hit a fresh 52-week high of Rs 661.75 on the BSE. On the day before the final phase of polling and the exit polls, the stock had ended at Rs 402.80. The stock gave a stellar show between June 3 and June 7.
Gainers & Losers: Paytm, Wipro among 5 stocks in limelight on Friday (07-06-2024)
Bulls returned to Dalal Street with full force on Friday erasing all losses from June 4.
Quantum MF files suit against ICICI Securities delisting, cites loss in share swap deal, valuation (07-06-2024)
Amidst the tussle between ICICI Bank and retail shareholders over the delisting of its unit ICICI Securities from the Indian bourses, Quantum Mutual Fund has filed a suit against the delisting in the National Company Law Tribunal (NCLT), Mumbai branch.
GameStop share trading halted for volatility after 5% drop (07-06-2024)
GameStop posted a decline in quarterly sales and said it would sell up to 75 million shares, in a surprise move on Friday ahead of a much-anticipated livestream by meme stock influencer Keith Gill.
US stocks open lower after hot payrolls data (07-06-2024)
The Dow Jones Industrial Average fell 24.93 points, or 0.06%, at the open to 38,861.24.
Tech View: Nifty forms long bull candle on daily chart. Here’s how to trade next week (07-06-2024)
Nagaraj Shetti of HDFC Securities noted that the market has reached an overhead resistance at around 23,300-23,400 levels, suggesting a potential minor dip in the short term, which could present a buying opportunity. He identified immediate support at the 22,900 level.
Gold Price Today: China pulls plug on buying, yellow metal plunges Rs 1,200/10 gram, silver by Rs 3,300/kg (07-06-2024)
Gold prices fell on Friday due to Chinese central bank halting purchases after hitting record highs. According to analysts, the record rally in gold has been a trigger behind the move.
Brokers’ future role may reduce to just processing orders: Zerodha CEO Nithin Kamath (07-06-2024)
Nithin Kamath praised Sebi for its investor-friendly initiatives, highlighting two recent measures. The first mandates the direct transfer of securities by clearing corporations to demat accounts, and the second proposes increasing the threshold for the Basic Service Demat Account (BSDA) from Rs 2 lakh to Rs 10 lakh.