Rameshbabu Praggnanandhaa 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
The Allotment status for the Property Share REIT IPO is now available as the basis of allotment has been finalized. This IPO, which opened for a three-day subscription period and concluded on Tuesday, December 4, 2024, is set to follow its post-allotment timeline. Refunds for applicants who did not receive an allotment will begin on … Read more
On 5th December 2024, Indian stock markets continued their bullish trend, with major indices, including the Nifty 50 and Sensex, closing higher for the fifth consecutive day. Investors are showing confidence in the market, driven by expectations of a monetary policy cut from the Reserve Bank of India (RBI) scheduled for Friday. This move is … Read more
The Apex Ecotech IPO is a book-built issue with a total size of ₹25.54 crores. The issue comprises a fresh offering of 34.99 lakh shares, with no offer-for-sale component. The IPO will open for subscription on November 27, 2024, and close on November 29, 2024. Following the subscription period, the allotment is expected to be … Read more
The Ganesh Infraworld IPO allotment status is now available as the basis of allotment has been finalized. The initial public offering (IPO), which closed its three-day subscription window on Tuesday, December 3, 2024, saw strong investor demand, with a subscription rate of 369 times. The Rs 98.58 crore SME offering was priced in a range … Read more
The Suraksha Diagnostic IPO allotment status is now available, as the basis of allotment has been finalized. The IPO, which closed its subscription window on December 3, 2024, was fully subscribed on its final day, with the overall subscription reaching 1.27 times by the third day. The public offering, valued at Rs 846.25 crore, was … Read more
The Agarwal Toughened Glass IPO is a fresh issue worth ₹62.64 crores, offering 58 lakh equity shares. The IPO opens for subscription on November 28, 2024, and closes on December 2, 2024. The price range is set between ₹105 and ₹108 per share. Retail investors can apply for at least 1 lot (1,200 shares), requiring … Read more
The Morning Star Candlestick Pattern is a bullish reversal pattern in technical analysis, signaling the end of a downtrend and the potential start of an uptrend. It represents a shift in market sentiment, where selling pressure weakens, and buying momentum begins to take over. This pattern is a reliable indicator for traders looking to identify … Read more