Strong Performance in Nifty 50: Tata Steel Among Top Gainers On September 25, 2024, Tata Steel shares opened the day’s trade among the top gainers in the Nifty 50 pack. After closing 4% higher on Tuesday, the stock traded at ₹161.42 in the morning session, continuing its upward trend. Investors are closely watching the stock,…
Nishant Pitti’s Block Deal Shakes Market Shares of Easy Trip Planners tumbled by 7.46% on Wednesday, hitting a low of ₹37.96 on BSE. This comes as promoter Nishant Pitti sold 15 crore shares in a block deal worth ₹580 crore. The floor price was set at ₹38 per share, and institutional investors were potential buyers….
The stock market opened on a high note today, with the BSE Sensex gaining 150 points and the NSE Nifty crossing the 25,850 mark. Investors are optimistic as PSU banks and realty stocks lead the rally, contributing significantly to market gains. This positive trend reflects growing confidence among traders, with many eyeing potential opportunities in…
Strengths, Risks, and Financials to Consider Northern Arc Capital’s IPO, open from September 16 to 19, has garnered significant interest, with a subscription rate of 17.27 times by the third day. The company, a non-deposit-taking NBFC, boasts strong sectoral expertise and a large rural market presence. However, it faces risks such as high competition and…
Reliance Power has fully settled its obligations worth Rs 3,872 crore as a guarantor on behalf of Vidarbha Industries Power, leading to the release of all related corporate guarantees. This development was followed by a 5% surge in Reliance Power’s stock, reaching Rs 32.97 on the NSE on September 18, 2024. The company also resolved…
Bajaj Housing Finance shares have surged 159% from their IPO price of ₹70, hitting ₹181.48 on Tuesday. Phillip Capital has given a ‘Buy’ rating, with a target price of ₹210. Analysts suggest holding the stock for the long term but also recommend booking some profits at current levels. This IPO is considered one of the…
Jewellery Retail Giant PN Gadgil Impresses with a High-Value IPO, Opening Strong on NSE and BSE PN Gadgil Jewellers made a dazzling debut in the stock market, with shares listing at Rs 830 on NSE, a 72.91% premium over the issue price of Rs 480. On the BSE, shares were listed at Rs 834, marking…
The allotment for Bajaj Housing Finance’s IPO is expected to be finalized today, after a delay from the initially anticipated date. Investors are eagerly awaiting the outcome, with the shares likely to get listed on September 16. In the grey market, the company’s shares are trading at a premium (GMP) of ₹79, indicating a strong…
The Bajaj Housing Finance IPO has generated immense excitement, attracting a whopping Rs 6,560 crore in bids. With a staggering subscription rate of 67.43 times, investors are keen to see if they’ve secured shares. Here’s how you can check your IPO allotment status: Through BSE Website: Visit the BSE website. Click on ‘Equity’. Select ‘Bajaj…
Jaguar Land Rover Sales Slowdown Worries Investors Tata Motors’ shares dropped by 5% on September 11, driven by concerns over its luxury arm, Jaguar Land Rover (JLR). UBS Securities maintained its “sell” recommendation, warning of a 20% potential downside due to weaker margins in JLR and domestic passenger vehicles. The brokerage highlighted that demand for…
