During the latest upsurge, the Nifty has rallied nearly 50 per cent, while the Nifty Smallcap 100 and the Nifty Midcap100 indices have more than doubled
Sebi likely to maintain status quo on largecap stock pool expansion (30-09-2024)
Plan to add more stocks shelved citing 20% midcap, smallcap investment legroom with largecap funds, say sources
Dockworkers Strike at U.S. Ports Could Begin Tuesday (30-09-2024)
A work stoppage at East and Gulf Coast ports would halt most activity at some of the busiest American ports.
MUDA Scam: ED books Karnataka CM Siddaramaiah, others after Lokayukta FIR (30-09-2024)
Karnataka CM Siddaramaiah is under ED scrutiny in a money-laundering case linked to land allotment irregularities involving his family and the Mysuru Urban Development Authority. The case follows a Lokayukta FIR and involves potential misuse of compensatory sites, with Siddaramaiah alleging political targeting.
Vishal Mega Mart, ACME Solar Holdings get Sebi’s go ahead to float IPOs (30-09-2024)
Three companies — supermart major Vishal Mega Mart, renewable energy firm ACME Solar Holdings and packaging equipment manufacturer Mamata Machinery — have received Sebi’s clearance to raise funds through initial public offerings (IPOs), an update with the regulator showed on Monday.
On the other hand, the regulator has returned the draft offer document of manpower services company Innovision, whose proposed IPO was a mix of fresh issuance of shares worth Rs 315 crore and an Offer For Sale (OFS) of up to 11.81 lakh shares.
Before that, Hyundai MotorIndia Ltd, the Indian arm of South Korean automaker Hyundai, and food and grocery delivery major Swiggy received Sebi’s nod on September 24 to float IPOs.
Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale, while the IPO of Swiggy has been pegged at over Rs 10,000 crore.
Going by Sebi’s update on Monday, Mega Mart took the …
StageInvesting +Elliot Waves (30-09-2024)
Sir, Could you please provide your views on Hindustan zinc chart. Highly appreciate if you can share your recent additions to the Portfolio as well.