Rameshbabu Praggnanandhaa The Indian stock market witnessed a broad-based decline on 12th December 2024, as major indices closed in the red. The NIFTY 50 ended at 24,548.70, down by 93.10 points (-0.38%), while the SENSEX slipped 236.18 points (-0.29%) to close at 81,289.96. Similarly, the NIFTY BANK shed 174.90 points (-0.33%) to settle at 53,216.45. Amid the … Read more
The Indian stock market witnessed a mixed trading session on 11th December 2024. While broader indices like NIFTY 50 and SENSEX closed with marginal gains, banking stocks faced selling pressure. Here’s a detailed overview of today’s market performance. Index Performance NIFTY 50 and SENSEX ended in the green, driven by gains in select large-cap stocks. … Read more
The Indian stock market showcased a mixed performance on 10th December 2024, with some indices ending in positive territory while others saw minor losses. The broader market sentiment remained mixed as participants weighed the positive momentum in IT and financial stocks against weakness in sectors like telecom and pharma. NIFTY IT was the best-performing index, … Read more
The Agarwal Toughened Glass IPO allotment status is now available, as the basis of allotment was finalized today, December 3rd, 2024. The IPO subscription ended yesterday, December 2nd, 2024, receiving significant attention from investors. With an IPO size of ₹62.64 crore, the allotment of shares is eagerly awaited by applicants. This guide explains how you can … Read more
Enviro Infra Engineers is set to launch its IPO with a total issue size of ₹650.43 crores. This Enviro Infra IPO offering includes a fresh issue of 3.87 crore shares, aggregating to ₹572.46 crores, and an offer for sale (OFS) of 0.53 crore shares, amounting to ₹77.97 crores. The IPO opened for subscription on … Read more
Property Share REIT IPO is a book-built issue worth ₹352.91 crores, consisting entirely of a fresh issue of 0.03 lakh shares. The IPO will open for subscription on December 2, 2024, and close on December 4, 2024. The allotment process is expected to be finalized on Thursday, December 5, 2024, with the shares set to … Read more
The Abha Power and Steel IPO is a fixed-price issue valued at ₹38.54 crore. ABHA POWER IPO comprises a fresh issue of 41.39 lakh equity shares amounting to ₹31.04 crore, along with an offer for sale (OFS) of 10 lakh equity shares aggregating to ₹7.50 crore. The subscription window for the IPO will open on … Read more
In a significant move to address tight liquidity and sluggish economic growth, the Reserve Bank of India (RBI) announced a 50 basis points (bps) reduction in the cash reserve ratio (CRR) on Friday, December 6. This marks the first CRR cut in over 4.5 years, with the last such action taken in March 2020. Impact … Read more
Emerald Tyre Manufacturers is launching its IPO, which will open for subscription on December 5, 2024, and close on December 9, 2024. The final allotment of shares is expected to be completed by December 10, 2024, and the company is set to list on NSE SME on December 12, 2024. The total issue size for … Read more
The Indian stock market experienced a mixed session on 6th December 2024, with major indices showing slight declines. NIFTY 50 closed at 24,677.80, down by 30.60 points (-0.12%), while SENSEX finished at 81,709.12, shedding 56.74 points (-0.07%). The NIFTY BANK index recorded a loss of 94.05 points (-0.18%), settling at 53,509.50, and NIFTY IT saw … Read more