Page 46 - Market News

Nova Agritech IPO subscribed 33.82x on Day 2; NII category booked 71.19x

The Initial Public Offering (IPO) of Nova Agritech Ltd, a manufacturer of agricultural inputs, got subscribed 33.82 times on the second day of subscription on Wednesday. The IPO received bids for 85,96,22,815 shares against 2,54,14,746 shares on offer, as per NSE data. The category for Non-Institutional Investors (NIIs) received 71.19 times subscriptions, while the portion for Retail Individual Investors (RIIs) subscribed 36.19 times. Qualified Institutional Buyers (QIBs) part got subscribed 1.12 times. The IPO comprises a fresh issue of equity shares worth up to Rs 112 crore and an Offer For Sale (OFS) component of 77.58 lakh equity shares by a shareholder Nutalapati Venkatasubbarao, who owns an 11.9 per cent stake in the company. On Friday, Nova Agritech had raised a little over Rs 43 crore from anchor investors. It has set a price band of Rs 39-41 per share for the issue. At the upper end of the price band, the maiden public issue is expected to mobilise Rs 143.81 ...

Gold falls Rs 50, silver jumps Rs 300; yellow metal trading at Rs 63,000

The price of 22-carat gold also witnessed a fall of Rs 50, with the yellow metal selling at Rs 57,750.

Stocks to Watch today: Bajaj Auto, Tata Steel, Tech M, TVS Motor, IOC, BoB

Stocks to watch on Thursday, January 25, 2024: Among companies announcing Q3 results yesterday, Tata Steel reported a turnaround while IOC and Ceat postged a 10-fold and 5-fold jump in net profit.

Sebi's new disclosure norms likely to impact few FPIs due to exemptions

No panic selling entailed as funds affected will have six months to rebalance their portfolio

Sensex zooms 690 pts, Nifty tops 21,450; broader indices gain nearly 2%

Stock market highlights on January 24, 2024: The pockets that helped the markets end higher were metals, PSU banks, pharma, and FMCG stocks

Sensex slides 1,053 pts, Nifty ends below 21,250; ZEE plunges 31%, RIL 2%

Stock market highlights on Tuesday, January 23: The BSE MidCap and SmallCap indices fell nearly 3 per cent each. Sectorally, the Nifty Media index crashed 13 per cent

Sensex sinks 1,668pts from day's high, hits 1-mth low of 70,200: Here's why

Nifty Realty, Oil & Gas indices declined up to 3 per cent, while Pharma index held 2 per cent gains. IT was the other gainer as investors rolled positions into defensive bets in the two segments

Stocks to Watch today: Zee, Cipla, MRPL, Axis Bank, Medi Assist, JSW Group

Stocks to watch on Tuesday, January 23, 2024: Zee Entertainment in focus as Sony India calls-off merger; Axis Bank, Havells, JSW Energy, L&T Housing Finance, RECL and Tata Elxsi to Q3 results today.

Gold, silver prices unchanged; precious metal trading at Rs 75,500/kg

The price of 22-carat gold remained stable, with the yellow metal selling at Rs 57,800

Gold, silver prices unchanged; yellow metal trading at Rs 63,050/10g

The price of 22-carat gold remained stable, with the yellow metal selling at Rs 57,800

Stocks to Watch on Jan 20: RIL, Paytm, ICICI Bank, Prataap Snacks, RBL Bank

Stocks to Watch on Saturday, January 20, 2024: RIL, on Friday, reported a 9.3 per cent year-on-year (Y-o-Y) increase in its consolidated net profit, at Rs 17,265 crore, for Q3FY24

Stocks to Watch on Jan 19: RIL, HUL, REC, Paytm, Tata Steel, Jet Airways

Stocks to watch on Friday, January 19, 2024: Tata Steel has reportedly rejected a trade union proposal to keep the blast furnaces operational at Port Talbot Steelworks in Wales, the UK

NHPC OFS booked 2.3x, institutional buyers bid for 802 million shares

Through the OFS, the government was looking to divest nearly 3.5 per cent stake in the hydropower firm

Sensex slips for 3rd day, dips 314 pts; OFSS up 27%, LTIMindtree tanks 11%

Stock market highlights on January 18, 2024: HDFC Bank slipped 3 per cent after falling over 8 per cent Wednesday

Gold price falls Rs 380 to Rs 62,950, silver declines Rs 600 to Rs 75,900

The price of 22-carat gold slipped Rs 350, with the yellow metal selling at Rs 57,700

Stocks to Watch on Jan 18: HDFC Bank, NHPC, Adani Ent, IndusInd Bank, BEL

Stocks to Watch on Thursday, January 18, 2024: The ADRs of HDFC Bank tanked another 9 per cent on the New York Stock Exchange on Wednesday, after falling around 7 per cent the day before

Stock market crash: Here's what sent Sensex, Nifty into free fall on Jan 17

Stock market crash today: HDFC Bank's disappointing Q3 performance abetted profit booking in Sensex and Nifty along with a global market rout as rate cuts-related optimism waned

Stocks to Watch on Jan 17: Asian Paints, HDFC Bank, LTTS, Godrej Prop, LTIM

Stocks to watch on Wednesday, January 17, 2024: HDFC Bank reported a 34 per cent jump in its standalone net profit to Rs 16,373 crore for Q3FY24, topping estimates by over 1 percentage point

Ahead of Q3FY24 results, UBS gives 'buy' call on Paytm, sees 20% upside

Shares of Paytm surged 4.8 per cent to Rs 750 per share on the BSE in Tuesday's intraday trade

Growth in the discretionary segment key for Avenue Supermarts stock

Stable GMA share helped the company report steady gross margins of 14.9 per cent