Deepak Chemtex IPO: GMP, issue details,10 things to Know about this SME IPO
Deepak Chemtex IPO is likely to see SME listing on the bourses with tentative listing date expected on as Monday, December,11 2023. Deepak Chemtex, established…
Finance
Wells Fargo sees economic ‘soft patch’ capping further S&P 500 gains
An upcoming “economic soft patch” will likely weigh on the recent US equity rally and stall sectors such as consumer discretionary and small-cap stocks, strategists…
MCX share price touches 52-week high as board decides to recover technology costs for old platform from MCXCCL
Multi Commodity Exchange of India Limited (MCX) share price surged 8% to touch a 52-week high on Tuesday’s session after the MCX board decided to…
Nifty valuation fair, risk-reward favourable, says HDFC Securities; lists key changes in model portfolio
The September-quarter (Q2FY24) earnings season saw an overall in-line performance, however, wide divergences were seen across sectors and companies. In a recent report, brokerage house…
FPI debt inflows at 26-month high in Nov on Fed rate pause
MUMBAI : FPI net inflows into Indian bonds in November have hit the highest level in 26 months, thanks to higher allocations by foreign investors…
This small cap company leads the trend in electronics manufacturing services
This love for comfort and convenience has sparked a rapidly growing electronics manufacturing services (EMS) industry. India’s domestic electronics industry is projected to hit $300…
Why India’s top bullion body is upset with MCX
The revision puts the onus of collecting goods and services tax (GST) on the seller and buyer, who give and take delivery on the exchange…
Weekend Wrap: From Tube Investments to Hero Motocorp, top news and market movers this week
Top News IPO of Tata Technologies Limited, Flair Writing Industries Limited, Fedbank Financial Services Limited, Gandhar Oil Refinery (India) Limited and Indian Renewable Energy Development…
Why uranium prices are soaring
Such last-minute procurement of uranium is very rare, notes Per Jander of WMC, a trader. Utilities usually take deliveries two to three years after signing…
FPI holding in Indian stocks hit a decadal low of 16.6% in November despite strong domestic fundamentals
The holdings of foreign portfolio investors’ (FPI) in Indian stocks have reached their lowest levels in a decade amid extensive selling of domestic equities by…