Multi-asset funds invest in a variety of asset classes, such as equity, debt, gold, and real estate which help in risk diversification
IPO fundraising drops 17% Y-o-Y to 49,434 cr last year
Equity benchmarks decline amid profit-booking, Red Sea tensions
Moscow Exchange in Russia allows equity derivatives trading from 7 am to midnight, and Eurex Exchange is open until 10 pm
The Securities and Appellate Tribunal (SAT) is waiting for the appointment of a new judicial member as presiding officer
Sensex has gained 18.7 per cent, and the Nifty 20 per cent and debt funds have given single-digit returns
The Sensex began the session with a new high and rose to 72,484.34, to end at 72,410, a gain of 372 points or 0.5 per cent
Post listing, Happy Forgings commands a market capitalization of Rs 9,701 crore, and it plans to utilize the proceeds of its net issue to purchase plant and machinery and repay its loans
Assumption of nearly 40% people getting good returns against the reality of 90 per cent making losses
In February of the same year, the central bank had released draft norms for lending and borrowing of government securities aimed at expanding participation in the securities lending market
The Sensex valuation has witnessed a significant increase in the past two months
Do not leave the money idle, redeploy it in high-quality fixed-income instruments
Tendulkar now owns 438,000 shares, and the average acquisition price was Rs 114. The cricketing icon's stake is worth Rs 22.9 crore at the current issue price
Inox India is a supplier of cryogenic equipment
The initial public offer of auto components maker Happy Forgings got subscribed 82.04 times on the last day of bidding on Thursday, driven by huge demand from institutional buyers. The Rs 1,008.6 crore-initial share sale fetched bids for 68,62,98,398 shares against 83,65,639 shares on offer, as per NSE data. The category for Qualified Institutional Buyers (QIBs) was subscribed a whopping 220.48 times. The part for non-institutional investors attracted 62.17 times subscription and the category for Retail Individual Investors (RIIs) got subscribed 15.09 times. The Initial Public Offer (IPO) had a fresh issue of up to Rs 400 crore and an offer for sale of up to 71,59,920 equity shares. Price range for the offer was Rs 808-850 a share. Happy Forgings Ltd on Monday said it has mobilised Rs 303 crore from anchor investors. Proceeds from the fresh issue will be utilised towards purchase of equipment, plants, and machinery, payment of debt and a portion of the funds will also be used for
HDFC Bank rose 1.8 per cent and contributed the most to Sensex gains, followed by Reliance Industries, which gained 1.4 per cent
Sebi, NSE, NSDL directed to compensate lenders for shares transferred with 10% interest
Six companies have already completed their fundraising process; two were listed on Wednesday.
Profit booking after the good run was cited as the primary reason for the market rout
With the new additions in 2023, the number of Nifty index-linked global passive funds has gone up to 21