Nonetheless, the financial landscape will witness a surge in listings, with five slated for the mainboard segment. Last week, the primary market saw the opening and subsequent closure of three IPOs by Rashi Peripherals, Jana SFB, and Capital SFB. Also read: Jana Small Finance Bank IPO: GMP, how to checkRead More →
A surprising divergence has cropped up in the equities markets ahead of the interim budget wherein retail investors have been net sellers in the cash market, while those trading through mutual funds continue to invest in equity schemes. While attributing the divergence to profit-booking by direct retail investors, market veteransRead More →
In 2023, the domestic equity benchmarks, Nifty 50 and BSE Sensex, exhibited a remarkable upswing of approximately 20%, marking their second-best performance since 2017. This stellar performance positioned them among the top-performing stock indexes globally. Notably, Nifty 50 achieved its eighth consecutive year of positive returns. India solidified its statusRead More →
The initial public offering of DOMS Industries will open for bidding on December 13, 2023 and will close on December 15, 2023. As T+3 listing has become mandatory from 1st December 2023, DOMS Industries IPO will be the first mainboard IPO that is going to hit primary markets in thisRead More →
The primary market recorded some bumper listings in mainboard main-board and small-medium enterprise (SME) segments last month, including Tata Technologies, Gandhar Oil Refinery, which kept investors engaged with subscriptions and listings in the month of November. According to an EY report, India has emerged as the global leader in the numberRead More →
Dalal Street is on fire. Three out of four share sales that opened on Wednesday were oversubscribed on the first day itself, a feat last seen 27 months ago, with high net-worth individuals (HNIs) and small retail investors leading the charge. The initial public offering (IPO) of Tata Technologies Ltd,Read More →
After enduring a five-week losing streak, the domestic market managed to break free with its most significant single-day gain in the past two months. Frontline index Sensex rallied around 556 points on the first session of September, logging its best single day in two months, while Nifty closed above theRead More →
Markets consolidated in a range and settled lower for the fifth successive week -the longest streak since April 2022 – mainly pressurized by weak global cues. The tone was positive for most of the week but a decline in the final sessions pushed the index in the red. On theRead More →
The benchmark Nifty50 index gained 1.36%, or 245.8 points, to end at 18,314.80, while the BSE Sensex rallied 1.59%, or 973.61 points, to close the week at 62,027.90. The BSE Largecap and Midcap indices also gained 1.3% each for the week. The Smallcap index added 1%. “Over the week, theRead More →
