Chinese listings in the United States have fallen sharply since Didi debuted in New York on June 30
The retail portion of the IPO has already been subscribed nearly 5 times
The Midcap and Smallcap indices also surged over a per cent each, and advancing shares outnumbered declining stocks in 2:1 ratio the BSE on Thursday
The listing of Paytm and Nykaa in the primary market made a lot of news recently due to Paytm's poor showing and Nykaa's success. Let's find out what are primary and secondary markets.
Frontline indices fell nearly 4 per cent in November. But, analysts expect sectoral-rotation to take place from here on. This report delves into one such sector and the stocks that are likely to shine
As many as 16 issues cumulatively worth over Rs 22,000 crore are expected to hit the market during the month.
Volatility continued on Tuesday as indices swing 1,300 pts to end 0.4% lower
As many as 10 companies, including Gemini Edibles & Fats India, defense supplier Data Patterns (India) Ltd, and digital mapping company MapMyIndia have received markets regulator Sebi's go-ahead to raise funds through IPOs. The other firms that received the approval to float the initial public offerings (IPOs) are -- AGS Transact Technologies, Electronics Mart India, India1 Payments, Healthium Medtech, VLCC Health Care, Metro Brands, and Godavari Biorefineries. These 10 companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observations letter from the regulator during November 22-26, an update with the markets watchdog showed on Monday. In Sebi parlance, the issuance of an observations letter implies its go-ahead for the IPO. Going by the draft papers, edible oil company Gemini Edibles & Fats India is looking to raise Rs 2,500 crore through its IPO, which is entirely an offer for sale (OFS) by the company's promoter and existing
While domestic growth is pegged at double digits, recovery in the US may take a couple of quarters
But avoid becoming excessively conservative as only equities have the ability to produce inflation-beating returns over long term
Benchmark stock indices seem poised to log their first monthly loss in eight months in November. Will the correction continue in December? Or will the indices bounce back? Find out what to expect
A World Health Organisation panel has named the new COVID strain 'Omicron' and classified it as a highly transmissible variant of concern, the same category that includes the Delta variant
Tega Industries, manufacturer of consumables for the mining industry, on Friday said it has fixed a price band of Rs 443-453 a share for its Rs 619-crore initial share-sale.
Paytm said its gross merchandise value climbed 131% on-year to 832 billion rupees in October in the critical period ahead of the Diwali holiday
Here are the best of BS Opinion pieces of the day
Shares of Reliance Industries Limited were in heavy demand on Thursday as it jumped over 6 per cent, helping market benchmarks close with huge gains. The market heavyweight stock jumped 6.10 per cent to close at Rs 2,494.40 on BSE. During the day, it zoomed 6.46 per cent to Rs 2,502.80. On NSE, it gained 6.36 per cent to close at Rs 2,501. It was the biggest gainer on both the benchmark indices. In volume terms, 4.77 lakh shares were traded on BSE and over 1.95 crore on NSE. The BSE 30-share benchmark index jumped 454.10 points or 0.78 per cent to close at 58,795.09, helped by rally in Reliance Industries shares.
Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions
Many companies have used the pandemic stimulus to clean up their balance sheets. "This is giving us the comfort to invest in quality non-AAA papers," said Amit Tripathi of Nippon India MF
We don't know whether Paytm will mark the top of the current bull market but it certainly does embody all the elements that mark excess, writes Debashis Basu
Here is the best of Business Standard's opinion pieces for Monday