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December 16, 2024 New Delhi, India MobiKwik IPO MobiKwik IPO Allotment Status: Step-by-Step Guide MobiKwik’s IPO allotment status is expected to be declared tonight, with shares likely to be listed on December 18 on NSE and BSE. IPO Details: Price Band: ₹265–₹279 per share. Subscription: 119.38 times with bids worth ₹39,542 crore. Issue Size: ₹572…
December 12, 2024 New Delhi, India Stock Market Today Benchmark indices ended Thursday in the red as selling pressure persisted across sectors, barring IT. The BSE Sensex dropped 236.18 points (0.29%) to close at 81,289.96, while the NSE Nifty50 fell 93.10 points (0.38%) to settle at 24,548.70. Market Performance: Sensex: Traded within 81,680.97 – 81,211.64…
December 11, 2024 New Delhi, India Stock Market Today Indian equity markets concluded a rangebound session on a cautious note as investors awaited key U.S. and domestic inflation data. The BSE Sensex ended marginally higher at 81,526.14, gaining 16.09 points (0.02%), while the NSE Nifty50 advanced by 31.75 points (0.13%) to close at 24,641.80. Market…
December 11, 2024 New Delhi, India One Mobikwik Systems IPO The initial public offering (IPO) of One Mobikwik Systems, the parent company of MobiKwik, began today, December 11, 2024, with shares priced between ₹265 and ₹279 apiece. Investors can bid for a minimum of 53 equity shares per lot. The subscription window closes on December…
December 10, 2024 New Delhi, India Rupee Weakens Amid Leadership Change at RBI Rupee (INR) slipped to a record low of 84.80 on Tuesday, surpassing last week’s all-time low of 84.7575. The drop followed the announcement of Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI), sparking speculation about a shift…
December 9, 2024 New Delhi, India Stock Market Live Indian equity markets began the week on a cautious note, with the Sensex and Nifty trading lower on Monday after a strong performance last week. Investors remained on edge, awaiting crucial U.S. and domestic inflation data expected later in the week, which could shape future monetary…
December 9, 2024 New Delhi, India Godrej Consumer Shares Shares of Godrej Consumer Products Limited (GCPL) experienced a sharp 10% drop in early trading on Monday, touching ₹1,112.05 per share on the BSE. The decline followed the company’s mid-quarter business update, which flagged challenges such as subdued demand and inflationary pressures. Demand Pressures and Cost…
December 9, 2024 New Delhi, India Paytm Shares Shares of One 97 Communications, the parent company of Paytm, climbed over 3% on Monday, December 9, reaching a 52-week high of ₹1,007. The surge followed the announcement of the company’s decision to sell its Stock Acquisition Rights (SARs) in Japan-based PayPay Corporation to SoftBank Vision Fund…
December 5, 2024 New Delhi, India Stock Market Today Indian benchmark indices BSE Sensex and NSE Nifty extended their rally on Thursday, closing higher for the fifth straight session. The Sensex jumped 809.53 points (1%) to settle at 81,765.86, while the Nifty50 climbed 240.95 points (0.98%) to end at 24,708.40. IT Stocks Lead the Market…
December 5, 2024 New Delhi, India Upcoming IPO Jungle Camps India Limited, a hospitality company specializing in wildlife and conservation-focused accommodations, is set to launch its IPO from December 10 to December 12, 2024. IPO Details Price Band: ₹68-₹72 per equity share (face value ₹10). Lot Size: Minimum of 1,600 shares per lot (₹115,200 investment)….
