Cochin Shipyard OFS was subscribed 216.25% by non-retail investors on the first day. The offer will open for retail investors and employees on Thursday. The government intends to offload its 5% stake in the company at a floor price of Rs 1,540 per share.
Share market update: Most active stocks of the day in terms of traded value (16-10-2024)
The NSE Nifty index closed 86.05 points down at 24971.3
WB govt failed to carry out duties; Raj Bhavan intervening in RG Kar impasse constitutionally: Guv (16-10-2024)
Governor C V Ananda Bose criticizes West Bengal’s government for failing to protect citizens following a rape-murder incident at RG Kar Medical College. Bose indicates Raj Bhavan’s intervention under constitutional provisions and points to institutional criminality within police and healthcare sectors, questioning the state’s transparency.
Stock market update: Nifty Pharma index falls 0.38% (16-10-2024)
The Nifty Pharma index closed 0.38 per cent down at 23467.35.
Seventy lakh voters added to electoral rolls in Maharashtra in five years (16-10-2024)
Maharashtra’s voter registration has risen by nearly 70 lakh since the 2019 assembly elections, with the total now at 9.63 crore. Assembly elections on November 20 will feature over 1 lakh polling booths. Chief Electoral Officer Chockalingam emphasized measures to avoid voting delays and addressed communal remarks from political leaders.
Reliance Stocks: What’s Dragging The Reliance Stock Down? Nikunj Dalmia’s Take | ET Now (16-10-2024)
‘Assam’s debt rose to Rs 1.52 L cr under CM Himanta’: Congress demands white paper on fiscal situation (16-10-2024)
Congress has called for a white paper from Assam CM Himanta Biswa Sarma, accusing his government of raising the state’s debt to Rs 1,52,000 crore by 2024, a significant rise in financial liabilities, and mismanaging funds, leading to delayed contractor and salary payments.
Hyundai Motor India IPO subscribed 42% (16-10-2024)
The offer received bids for 4.17 crore shares as against 9.97 crore shares on offer.
Stock market update: FMCG stocks up as market falls (16-10-2024)
The 30-share BSE Sensex closed down 318.76 points at 81501.36