As per provisional closing data, the S&P BSE Sensex advanced 384.30 points or 0.45% to 84,928.61. The Nifty 50 index rose 148.10 points or 0.57% to 25,939.05.
Quick Wrap: Nifty PSU Bank Index records a surge of 3.41% (23-09-2024)
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These 12 stocks held by smallcap MFs surge over 100% in CY24 (23-09-2024)
Smallcap funds have at least 65% of their corpus invested in smaller companies. Companies ranked above 250 in terms of market capitalisation are defined as smallcaps as per Sebi.
Grave insult to Constitution, CM post: BJP, Congress on Atishi leaving Kejriwal’s chair vacant (23-09-2024)
Delhi’s new chief minister Atishi faced criticism from BJP and Congress for not using her predecessor Arvind Kejriwal’s chair, calling it an insult to constitutional rules. Atishi likened her tenure to Bharat ruling Ayodhya in Lord Ram’s absence. Critics labeled her a puppet CM and questioned Kejriwal’s influence.
Mahindra Finance ends higher after board OKs proposal to issue NCDs of up to Rs 1,250 crore (23-09-2024)
Mahindra & Mahindra Financial Services added 3.57% to end at Rs 332 after the company’s board approved a proposal for issuance of non-convertible debentures of up to Rs 1,250 crore on private placement basis.
Sakar Healthcare – Tiny Pharma Company for promising Growth ahead (23-09-2024)
I just checked the DuPont Analysis of the company to see ROE Breakup.
The company’s leverage is increased and asset turnover has decreased.
(Source: Finology Ticker)
So be careful.
INDIA RUPEE-Rupee ends flat after hitting 3-month peak; oil firms’ dollar bids weigh (23-09-2024)
The Indian rupee ended flat on Monday as dollar demand from local oil companies pulled the currency off a near three-month high, hit due to likely portfolio inflows.
Casagrand Premier Builder files papers with Sebi for Rs 1,100-cr IPO (23-09-2024)
Real estate developer Casagrand Premier Builder has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,100 crore through an initial public offering (IPO).
The IPO is a combination of a fresh issue of equity shares worth Rs 1,000 crore and an offer for sale (OFS) of stocks valued Rs 100 crore by promoters, according to the draft red herring prospectus (DRHP).
The OFS consists of the sale of equity shares up to Rs 50 crore each by Arun MN and Casagrand Luxor Pvt Ltd.
Besides, the company may consider raising up to Rs 200 crore in a pre-IPO placement round. If such placement is carried out, the fresh issue size will be reduced.
Going by the draft papers filed last week, proceeds from the fresh issue will be used for payment of debt availed of by the company and its subsidiaries as well as for general corporate purposes.
Founded in 2003, the Chennai-based company offers a diverse range of residential projects, including apartments of various sizes and independe
ITCONS secures ₹45 crore technical services contract, stocks surge (23-09-2024)
The three-year contract involves providing technical services including AD/Inventory Analysis, Data Cleanse & Preparation, Server Analysis, and Dashboard/Report Preparation
Campaigning for 2nd phase of J&K elections concludes this evening (23-09-2024)
The assembly elections in Jammu and Kashmir are being conducted in three distinct phases. This segmented approach aims to ensure smooth and organized polling across the region. Voter engagement and security remain top priorities as political parties make their final push to win favor among the electorate.