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Paras Bisht

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US Fed rate D-Day today: Will Powell go for a 25 or 50 bps cut – the first in 4 years; here's what markets say

BUSINESS

US Fed rate D-Day today: Will Powell go for a 25 or 50 bps cut – the first in 4 years; here's what markets say

The market has seemingly priced-in a 25-basis points rate cut from the US Fed this week; a 50-bps cut would send a cautious signal to the market and weigh negatively on market sentiment.

Motilal Oswal sees re-rating potential in MCX as it switches to TCS platform from October 1; check share price target

BUSINESS

Motilal Oswal sees re-rating potential in MCX as it switches to TCS platform from October 1; check share price target

MCX is preparing to introduce weekly contracts, which are currently undergoing extensive back-testing prior to the submission to SEBI for approval.

Trent large trade: 11 lakh shares worth Rs 803 crore change hands at Rs 7,330 apiece

BUSINESS

Trent large trade: 11 lakh shares worth Rs 803 crore change hands at Rs 7,330 apiece

The company's stock was trading 1.26 percent higher at Rs 7,411.20 on the NSE in Tuesday's trade.

Zydus Lifesciences board approves acquisition of API business of Sterling Biotech for Rs 84 crore

BUSINESS

Zydus Lifesciences board approves acquisition of API business of Sterling Biotech for Rs 84 crore

Sterling Biotech is one of the large manufacturers of pharmaceutical gelatin, di-calcium phosphate and APIs including lovastatin, doxorubicin, epirubicin, and daunorubicin

Panacea Biotec hits 52-week high after settling patent dispute with Sanofi

BUSINESS

Panacea Biotec hits 52-week high after settling patent dispute with Sanofi

The stock touched its 52-week high of Rs 349.79 per share on the NSE, up 5 percent to hit the highest permissible trading limit on Tuesday.

PN Gadgil Jewellers' shares make stellar debut with 73% premium to list at Rs 830 apiece on NSE

BUSINESS

PN Gadgil Jewellers' shares make stellar debut with 73% premium to list at Rs 830 apiece on NSE

The jewellery retail chain had raised Rs 330 crore from anchor investors

PN Gadgil Jewellers expected to list at 60% premium over IPO price on September 17; check latest GMP

BUSINESS

PN Gadgil Jewellers expected to list at 60% premium over IPO price on September 17; check latest GMP

Operating 39 stores—38 in Maharashtra and Goa and one in the US—PNG has established a strong brand presence and is strategically expanding into underserved Tier I and Tier II cities.

Missed Bajaj Housing Finance IPO lottery? Check if you should buy or not after 135% listing day gain

BUSINESS

Missed Bajaj Housing Finance IPO lottery? Check if you should buy or not after 135% listing day gain

Investors wondering if they should buy Bajaj Housing Finance shares now after bumper listing gains may explore cautious buying for long term growth, considering their individual risk-taking capacity.

Aditya Ultra Steel shares list at Rs 69.90 on NSE SME with 12.74% premium over IPO price

BUSINESS

Aditya Ultra Steel shares list at Rs 69.90 on NSE SME with 12.74% premium over IPO price

Aditya Ultra Steel IPO was subscribed nearly 10x on the last day of bidding on September 11.

Bank holiday today: Are banks open or shut in your city on the occasion of Eid-e-Milad?

BUSINESS

Bank holiday today: Are banks open or shut in your city on the occasion of Eid-e-Milad?

Banks are shut in Gujarat, Maharashtra, Karnataka and other states for Eid-e-Milad

Bajaj Housing Finance shares end at upper circuit, listing day premium at 135% over IPO price; m-cap near Rs 1.4 lakh crore

BUSINESS

Bajaj Housing Finance shares end at upper circuit, listing day premium at 135% over IPO price; m-cap near Rs 1.4 lakh crore

The Rs 6,560-crore initial public offer (IPO) of Bajaj Housing Finance received an overwhelming response, with subscriptions totaling Rs 3.23 lakh crore. The listing implies a profit of Rs 17,120 per lot for investors.

Bajaj Housing Finance stock's bumper listing: IPO investors double money; should you hold or book profits?

BUSINESS

Bajaj Housing Finance stock's bumper listing: IPO investors double money; should you hold or book profits?

Market analysts recommend a long-term view on Bajaj Housing Finance due to the firm’s solid fundamentals, coupled with the overall positive outlook for the housing finance sector which could yield better returns over time.

Upcoming IPOs: D-street set for action-packed week with 7 IPOs, 13 listings, 7 allotments - Full guide

BUSINESS

Upcoming IPOs: D-street set for action-packed week with 7 IPOs, 13 listings, 7 allotments - Full guide

The surge in primary market activity comes on the heels of a strong investor sentiment, further fueled by Bajaj Housing Finance's historic public subscription.

Mahindra & Mahindra Financial Services board approves expansion into mortgage business

BUSINESS

Mahindra & Mahindra Financial Services board approves expansion into mortgage business

The company plans to leverage its strong geographical presence in the retail lending space to exploit the mortgage lending opportunity.

LIC raises stake in Railway PSU IRCTC to over 9%; shares gain

BUSINESS

LIC raises stake in Railway PSU IRCTC to over 9%; shares gain

LIC has increased 2.02 per cent holding in the railway sector 'miniratna' PSU between December 16, 2022, to September 11, 2024.

Bajaj Housing Finance shares listing date and time: GMP signals mega listing gains, IPO investors may double money

BUSINESS

Bajaj Housing Finance shares listing date and time: GMP signals mega listing gains, IPO investors may double money

Bajaj Housing Finance IPO Listing Date and Time: The stock is set to list on NSE and BSE early next week. With grey market premium ruling at well over 110%, IPO investors may be in for more than doubling their money.

Kross IPO allotment status: Share allocation today after bumper Rs 6193 crore subscription; here's how to check

BUSINESS

Kross IPO allotment status: Share allocation today after bumper Rs 6193 crore subscription; here's how to check

Kross Ltd shares are set to be listed on the BSE and NSE on Monday, 16th September.

Bajaj Housing Finance IPO subscription tops 1% of India’s GDP; set to be doubler on listing

BUSINESS

Bajaj Housing Finance IPO subscription tops 1% of India’s GDP; set to be doubler on listing

Bajaj Housing Finance's AUM has been growing at a CAGR of 39 percent, reaching Rs 97,071 crore by the end of June 2024, the highest among its peers.

Bajaj Housing Finance IPO Allotment today after record Rs 3 lakh crore subscription: Here's how to check status

BUSINESS

Bajaj Housing Finance IPO Allotment today after record Rs 3 lakh crore subscription: Here's how to check status

Bajaj Housing Finance IPO Allotment Today: Bidders can check status on the official websites of the registrar or BSE using PAN card details. The grey market premium (GMP) for Bajaj Housing Finance shares has jumped to over 100 percent.

Tolins Tyres IPO Subscription Status Day 3: Issue booked 23.61 times; retail quota at 21x

BUSINESS

Tolins Tyres IPO Subscription Status Day 3: Issue booked 23.61 times; retail quota at 21x

From the Rs 200 crore raised, Rs 75 crore will be allocated to meet the company’s long-term working capital needs, while Rs 62.55 crore will be used for debt repayment.

Regreen-Excel EPC India files for IPO with SEBI; issue includes Rs 350 crore fresh equity issue and OFS

BUSINESS

Regreen-Excel EPC India files for IPO with SEBI; issue includes Rs 350 crore fresh equity issue and OFS

The issue has a combination of a fresh issue of equity shares worth up to Rs 350 crore and an offer for sale (OFS) of 1.14 crore equity shares.

Bajaj Housing Finance IPO concludes with over Rs 3 lakh crore subscription: Issue booked 63.54x; GMP surges on strong demand

BUSINESS

Bajaj Housing Finance IPO concludes with over Rs 3 lakh crore subscription: Issue booked 63.54x; GMP surges on strong demand

Bajaj Housing Finance IPO GMP has risen in the unlisted market on the last day of subscription today, showing a premium of over 92 percent.

Mach Conferences and Events shares list with over 33% premium over IPO Price at Rs 300 per share

BUSINESS

Mach Conferences and Events shares list with over 33% premium over IPO Price at Rs 300 per share

This SME IPO consisted of a fresh issue of 22.29 lakh shares, raising Rs 50.15 crore, and an offer for sale of 33.39 lakh shares, amounting to Rs 75.13 crore.

Arvind Fashions Large Trade: 4.2% equity worth Rs 323 crore change hands at Rs 575 per share

BUSINESS

Arvind Fashions Large Trade: 4.2% equity worth Rs 323 crore change hands at Rs 575 per share

Following the deal, shares of Arvind Fashions zoomed to Rs 582.50, up 4.99 percent on the NSE.

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