Bhavish Aggarwal Stake Sale: Due to consistent selling by promoter, Ola Electric Mobility maintained its downtrend and hit all-time closing low of Rs 31.26, down 5 percent with higher volumes
Bai Kakaji Polymers IPO | The public issue comprises of entirely fresh issue of 56.54 lakh equity shares.
The number of Members of SEBI Board is proposed to be increased up to 15 from current provision of 9 members under the SEBI Act
'The fundraise saw strong interest exceeding the NCD issuance, from a diversified group of marquee investors,' says the telco
India VIX, the fear index, hit a fresh closing low of 9.7, down 1.32 percent and continuing its downtrend for the third consecutive session. This provides strong comfort to bulls but, at the same time, indicates the possibility of sharp market moves.
Crude-sensitive stocks: Oil prices soared amid supply concerns due to blockade of Venezuelan oil tankers and US possibly preparing more sanctions for Russia.
ICICI Securities maintained a ‘buy’ rating on the stock with a target price of Rs 1,875, citing confidence in the company’s medium-term prospects.
TravelPlus IPO | The Gurgaon-based travel management platform has proposed to raise Rs 250 crore by issuing new shares, while promoters and investors will be offloading up to 2.68 crore equity shares via offer-for-sale.
Sun Pharma, Power Grid Corp, Tata Steel, Bajaj Auto and Asian Paints were among top losers on the Nifty, while gainers included Interglobe Aviation, Max Healthcare, TCS, Infosys and Tech Mahindra.
Meesho share price: Analysts listed out why it may be a better for investors to delay purchase of the e-commerce platform's shares, and what will be key triggers ahead.
The de-promoterisation of Gehlaut was duly approved by exchanges in February 2023 and he has also exited as a shareholder of the company since September 2023, says Sammaan Capital
Max Healthcare share price: The company's board has approved the proposal to enter into a share purchase agreement for acquisition of 100% equity stake in Pune's Yerawada Properties for around Rs 200 crore.
SEBI has deferred a proposal to mandate public disclosure of assets and liabilities by senior officials, citing the need for further discussion and concerns around employee privacy.
Markets ended choppy on Sensex expiry day, with Nifty failing to hold 25,900. AMC stocks surged despite broader volatility. Catch Nandita Khemka in conversation with Ashutosh Mishra (Ashika Stock Broking) and Vishnu Kant Upadhyay (Master Capital Services) on key levels, expiry impact and market strategy.
"While the bank is in litigation (including writ petition) on similar issues raised in orders/SCNs in the past, since the aggregate/cumulative amount involved in the above crosses the materiality threshold, this matter is being reported," it said.
The reforms aim to level the playing field for smaller and retail investors and expedite deals, the sources said, requesting anonymity as they were not authorised to speak to the media.
Motilal Oswal has set a price target of Rs 350 per share, implying an upside of about 42 percent from the last closing price.
'We continue to manufacture and supply approved products from the facility to the US market. We will work with the regulator to achieve fully compliant status,' the drug maker said.
Auto stocks: Auto stocks have been losing value for the fourth consecutive session as they are the main victims of sustained pressure following demand worries and broader market risks, an analyst said.
Analysts are divided on whether the rupee’s depreciation will accelerate to around six percent annually 2026 onwards or remain gradual, while some suggest the rupee may appreciate in the next year.
Rise in crude prices also led to bearish market sentiment on December 18
In the latest of his Christmas columns, the FT’s Undercover Economist fields some of your most outlandish proposals, and concludes that there is no such thing as a stupid question
Tata Motors share price: Tata Motors CV shares rose to their highest level since debut in November this year, after the demerger from its passenger vehicle business.
According to analysts, IPO allottees may consider holding the stock from a long-term perspective.
The stock rose over 4 percent in early trade before paring gains amid profit booking.