January 15, 2023 New Delhi, India Medi Assist Healthcare IPO Medi Assist Healthcare, a key player in insurance tech, has opened its Initial Public Offering (IPO), generating buzz in the financial markets. Let’s delve into the analysis of its business, financial performance, and investor response. Business Overview: Medi Assist Healthcare operates as a third-party administration…
January 27, 2023 New Delhi, India Indian Stock Market Rewind In a week marked by significant economic milestones, India has solidified its position as a major player in the global financial arena. From record-breaking tax ratios to overtaking Hong Kong in stock market valuation, here’s a comprehensive look at the key developments that unfolded in…
January 20, 2023 New Delhi, India Market Activity and Closure: The week ending January 20, 2024, brought a mix of market dynamics. While January 20 saw normal trading in the Equity & F&O segments, markets are set to close on January 22 for the Ram Temple consecration ceremony in Ayodhya. IPO Performance: Jyoti CNC Automation…
January 7, 2025 New Delhi, India Parmeshwar Metal Limited IPO The Parmeshwar Metal Limited IPO, a small and medium enterprise (SME) offering, is set to finalize its share allotment status on Thursday, January 7, 2025. The IPO, which opened on January 2 and closed on January 6, saw overwhelming demand across investor categories, with a…
December 16, 2024 New Delhi, India Stock Market Today Indian equity markets ended on a weak note on December 16, with the Sensex falling 384.55 points (0.47%) to close at 81,748.57, and the Nifty slipping 100.05 points (0.40%) to settle at 24,668.25. Heavy selling in IT and metal stocks overshadowed gains in realty and media…
December 10, 2024 New Delhi, India Leadership Transition at RBI Shaktikanta Das, the 25th Governor of the Reserve Bank of India (RBI), will demit office today after a six-year tenure marked by economic challenges and recovery efforts. In a farewell message on social media platform X, Das expressed gratitude for the opportunity to serve and…
November 28, 2024 New Delhi, India LIC Shares Shares of Life Insurance Corporation of India (LIC) rose 4% on November 28 following reports that the state-owned insurer is exploring an entry into the health insurance sector via acquisition. The stock hit an intraday high of ₹952.5 on the National Stock Exchange (NSE) before settling at…
October 8, 2024 New Delhi, India Stock Market Today The Indian stock market snapped its 5-day losing streak on October 8, 2024, with the BSE Sensex gaining 585 points to close at 81,634.81 and the NSE Nifty rising 217 points to cross the 25,000 mark, ending at 25,013.15. Top Performers and Sector Highlights Among the…
October 7, 2024 New Delhi, India Markets The Sensex and Nifty extended their losing streak for the sixth consecutive day, with the Sensex dropping 638 points and the Nifty slipping below the 24,800 mark. Despite positive early trading driven by gains in IT stocks, the broader market turned negative as sectoral indices plunged, led by…
October 7, 2024 New Delhi, India HiBox App Scam Delhi Police have summoned several high-profile celebrities, including actor Rhea Chakraborty, comedian Bharti Singh, and YouTuber Elvish Yadav, as part of an ongoing investigation into the Rs 500 crore HiBox app scam. The app, launched in February 2024, is alleged to have defrauded over 30,000 investors…
