BUSINESS
HDB Financial delivers biggest listing gains among over Rs 10,000-crore IPOs post-Covid
3 out of 4 IPOs, which raised over Rs 10,000 crore after the COVID-19 outbreak in 2020, saw a discount listing.
BUSINESS
Crizac's Rs 860-crore IPO subscribed 45% on Day 1: Should you apply?
Crizac IPO: The maiden public issue of the Kolkata-based company entirely comprises an offer for sale (OFS) of shares.
BUSINESS
Newly-listed shares see profit booking a day after market debut; Kalpataru, Globe Civil, Ellenbarrie fall up to 5%
After their respective market debut, the shares of Kalpataru, Globe Civil Projects and Ellenbarrie Industrial Gases had closed significantly higher in the green on July 1. The stocks have now pared strong gains to trade in the red on July 2.
BUSINESS
Sambhv Steel Tubes shares make strong market debut, close 19% higher than IPO price
Sambhv Steel Tubes share price: 'Investors must remember that post-listing performance will hinge on delivery and earnings progression, not sentiment alone,' said Bhavik Joshi from INVasset PMS.
BUSINESS
Small, midcap stocks tumble; broader market indices snap 7-day gaining streak: Here are the top losers
Broader market indices had seen significant surge in the recent days, with the market capitalization of midcap and smallcap indices surging by a whopping Rs 2.45 lakh crore and Rs 3.41 lakh crore respectively in just 7 sessions.
BUSINESS
Sigachi Industries shares plunge 7%, extend losses to 2nd day after blast kills 34 at Telangana plant
Sigachi Industries share price: The company said it is pausing operations at the affected plant for 90 days as the incident damaged certain ancillary equipment and civil structures.
BUSINESS
Ellenbarrie Industrial Gases shares close at 10% upper circuit after debut at 23% premium to IPO price
Ellenbarrie share price: After the strong market debut, the shares of the company jumped 10% to remain locked in the upper circuit at Rs 541.20 apiece.
BUSINESS
Raymond Realty shares debut at 4% discount on NSE after demerger from Raymond
Raymond Realty share price: After the IPO-less market debut, the shares surged 5% to hit the upper circuit at Rs 1,050 apiece. Later, they erased all gains to close in the red at Rs 999 apiece.
BUSINESS
Kalpataru shares likely to see flat listing tomorrow; here's what market experts say
'Kalpataru, though grounded in a storied legacy and long-term assets, demands patience,' says Bhavik Joshi from INVasset PMS.
BUSINESS
Ellenbarrie Industrial Gases shares to debut on stock markets tomorrow, GMP rises to 14%: What to expect?
Ellenbarrie Industrial Gases IPO GMP: 'With promoter holdings staying above 70 percent post-IPO, institutional confidence and growth visibility support a probable listing bump,' says Bhavik Joshi from INVasset PMS.
BUSINESS
Sigachi Industries shares crash 11% as explosion kills 10, injures many in Telangana's Pashamylaram unit
Sigachi Industries share price: Visuals from the area showed smoke erupting from the plant, with authorities rushing the injured to hospital.
BUSINESS
Waaree Energies shares jump 5% after US arm wins 540-MW solar module order
Waaree Energies share price: The stock has recovered nearly 66% from the 52-week low of Rs 1,863 apiece, which is had hit in April this year.
BUSINESS
Small, midcap indices' combined mcap surges by over Rs 5 lakh crore in 7 sessions: Here's what analysts say
Broader markets: Analysts said that the recent correction smallcap and midcap stocks have brought broader market valuations back to reasonable territory.
BUSINESS
Coforge, HCL Tech, other IT names rise up to 3% on hopes of early Fed rate cut, Nasdaq rally
US stock markets nearing record highs, with the Nasdaq 100 Index higher by 30% since its April lows, outperforming the S&P 500 Index.
BUSINESS
Nifty Bank hits new all-time high again, tops 57,400 for the first time ever
Analysts however expect the bullish rally to continue, with Bank Nifty hitting further highs.
BUSINESS
Vedanta, Tata Steel, others rise up to 3% as White House hints Trump's July tariff deadline 'not critical'
Nifty Metal index extended gains for the sixth consecutive session, rallying nearly 7% during the period.
BUSINESS
Bank Nifty hits record high of 57,263; HDFC Bank, Axis Bank shares jump up to 2%
HDFC Bank share price: Chandan Taparia from Motilal Oswal expects Bank Nifty cross 58,000 over next 2-3 weeks.
BUSINESS
Globe Civil Projects IPO closes with 86x subscription; NII portion booked 143x
Globe Civil Projects IPO GMP: Ahead of listing, the unlisted shares of the company were trading with 24% GMP over its IPO price.
BUSINESS
Reliance Infra shares hit 5% upper circuit after subsidiary wins Rs 600-crore order from German defence firm
Reliance Infra share price: The stock has surged over 1,000% in the past five years.
BUSINESS
Infosys, TechM, others up 2% as US Fed chief Powell's testimony spurs rate cut bets
IT stocks: Tech-heavy Nasdaq index closed at a record high level following the US Fed chief's testimony.
BUSINESS
Defence stocks extend losses to 2nd day as Israel-Iran ceasefire weighs; Paras Defence, GRSE, BEL down up to 4%
Defence stocks: 'Further profit-taking appears likely and would be considered healthy, given the significant rally in recent weeks,' says Ajit Mishra from Religare Broking.
BUSINESS
Adani Enterprises unit commissions India's first off-grid green hydrogen pilot plant; shares rise 1.5%
Adani Enterprises share price: The shares of Adani Group's flagship company have gained over 6% in the past six months. However, the stock has fallen more than 2% in the past five days.
BUSINESS
Midcap, smallcap indices rise over 1% from day's low despite weakness in benchmarks: Zen Tech, Polycab among top gainers
The broader market indices have now extended gains for the second consecutive session, after a multi-session losing streak.
BUSINESS
Defence stocks rally after US strikes Iran; GRSE, BEL, others jump up to 6%
Defence stocks: The sharp rise in the share prices pushed the Nifty Defence index up nearly 1.7 percent to hover around 9,037 in the morning.
