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
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
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 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 Indian stock market displayed a mixed performance today as key indices ended on a flat note amid cautious sentiment. While Nifty 50 and Sensex saw marginal gains, the banking and small-cap indices outperformed, reflecting sectoral optimism. Stock Market Analysis for 4th December 2024Â The Nifty 50 closed at 24,467.45, up by a modest 10.30 … Read more
The Indian stock markets saw a positive surge on 3rd December 2024, with all major indices showing substantial gains. The Nifty 50, Sensex, and BSE SmallCap all closed in the green, supported by buying interest across sectors. The banking sector led the rally, followed by strong gains in other index-heavy stocks. The Nifty Bank outperformed … Read more
The Rajesh Power IPO has created quite a buzz in the market with an overwhelming response. The IPO was subscribed 59.00 times overall, showing tremendous market confidence. While the basis of allotment is yet to be finalized, the Rajesh Power IPO Allotment Status will be available on December 2nd. If you applied for the Rajesh … Read more