Wall Street brokerage, which remains tactically market weight on Indian equities, expects the benchmark Nifty 50 to hit 24,000 points in next three months, implying a gain of a little under 3 per cent
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Upcoming IPO: Education services provider Crizac files DRHP with Sebi (21-11-2024)
The Crizac IPO comprises an entirely offer-for-sale of the company’s shares with a face value of Rs 2 per equity share, aggregating up to Rs 1,000 crore
Automotive component maker Belrise Industries files papers to raise Rs 2,150 crore via IPO (21-11-2024)
Belrise Industries, an Indian automotive component manufacturer, has initiated the process for an IPO to raise Rs 2,150 crore. The company plans to use the funds for debt repayment and submitted its draft prospectus to Sebi on Tuesday. Belrise Industries supplies components to major automotive companies globally and reported a revenue of Rs 7,484.24 crore in FY24.
Maha election 2024 result not a big worry for markets (21-11-2024)
The outcome of Maharashtra state elections is unlikely to move markets much, said analysts. The markets, they believe, have bigger developments to worry about in the short-to-medium term.
Bandhan Bank shares 0.8% as Nifty drops (21-11-2024)
A total of 188,406 shares changed hands on the counter till 12:58PM (IST).
Gautam Adani’s wealth drops over $10 billion in a day amid U.S. bribery scandal (21-11-2024)
Billionaire Gautam Adani, chairman of the Adani Group, saw his net worth drop by $10.5 billion to $59.3 billion in a single day, following bribery and fraud charges brought by U.S. authorities. His brother, Vinod Adani, also faced a significant loss of $4.7 billion, reducing his net worth to $15.5 billion.
Chola Inv Finance stock price 1.67 per cent as Sensex (21-11-2024)
As of 30-Sep-2024, promoters held 50.09 per cent stake in the company, while FIIs held 27.18 per cent and domestic institutional investors had 14.25 per cent.
Unemployment rate in urban areas in India declines to lowest since June 2018 (21-11-2024)
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