Retail Individual Investors (RIIs) have shown the highest enthusiasm, oversubscribing their reserved portion by 16.28 times
The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.
Shares of Delta Autocorp continued their northward march post-listing to hit the 5 per cent upper circuit at Rs 183.75 per share on the NSE SME
Pantomath Capital Advisors, and IDBI Capital Markets & Securities are the Book Running Lead Managers to the issue, while MUFG Intime India (formerly known as Link Intime India) serves as the registrar
Zen Technologies announced that its board of directors has approved an investment of up $10 million in its wholly owned subsidiary, Zen Technologies USA, Inc, in one or more tranches
Waaree Energies share rose after it entered into a Share Purchase Agreement with Enel Green Power Development for acquisition of Enel Green Power for Rs 792 crore
The unlisted shares of Quadrant Future Tek were trading at Rs 435 apiece, indicating a grey market premium (GMP) of Rs 145 or 50 per cent over the issue price
The Nifty SmallCap and MidCap indices have plunged up to 7% thus far in 2025 as against a near 2% fall in the Nifty 50 index. Chart shows broader indices on course to test multi-month support levels.
Analysis of the market data by SAMCO Securities shows that the BSE Sensex delivered a negative return during the last 6 Maha Kumbh Mela periods, followed by a net gain in the subsequent 6 months.
Indobell Insulation shares listed at Rs 87.40 apiece, a 90 per cent premium over the IPO allotment price of Rs 46 on the BSE SME on Monday
Laxmi Dental IPO, which opens for public subscription today, will close on Wednesday, January 15, 2025. Check the GMP, lot size, price band, allotment, listing schedule, and other key details here
The near term bias for Nifty is likely to remain negative as long as the index remains below 23,660 - 23,940 resistance zone, shows the technical chart.
Retail investors most bullish in last 7 months, with long-short ratio in index futures at 5:2. On the other hand, FIIs hold 5 bearish bets in index futures for ever long trade; shows NSE F&O data.
At 6:32 AM, GIFT Nifty futures indicate a gap-down opening for the markets, trading 160 points lower at 23,341
Stock Market Highlights: Indian markets declined for the second consecutive session, ending the week on a negative note on Friday. The 30-share Sensex slipped 241.30 points or 0.31 per cent
For Mahanagar Gas, Gail made an upward revision in the APM price by 26 per cent which will be effective from January 16, 2025
Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.
The northward movement in IRCTC share price came after foreign brokerage firm Macquarie initiated coverage with 'Outperform' rating, with a target price of Rs 900
Once the allotment is finalised, investors can check Quadrant Future Tek's allotment status by visiting the official website of the NSE, or, Link Intime India
Analysts suggest, the markets are worried about implementation of protectionism measures by the new leadership in the US and evolving deflationary conditions especially in China.