Kross IPO GMP declines by half ahead of Monday listing. Check details
Kross IPO GMP: Kross’ grey market premium has halved to Rs 24 ahead of its listing on Monday. The IPO was subscribed 16.81 times, with QIBs leading the subscription. Share allotment and refunds are expected to be complete.
Technology sector poised for recovery; Coforge, HCL Tech could give 17-20% return in 1 year
The technology sector is set for a strong recovery, driven by increased investments and new technologies like Generative AI. Key sectors such as BFSI, healthcare, and manufacturing are expected to lead this growth. Service vendors and Global Capability Centers will play crucial roles in this expansion, with companies like HCL Technologies and Coforge positioned for […]
Hospital stocks’ growth outlook positive: HSBC
HSBC has given a ‘buy’ rating to Krishna Institute of Medical Sciences and Apollo Hospitals, while assigning a ‘reduce’ rating to Global Health and Narayana Hrudayalaya. The brokerage sees a positive growth outlook for the hospital sector due to rising demand for quality healthcare, with several hospitals planning significant bed additions in the coming years.
India, US work for critical minerals self-reliance, supply chains
India and the US are collaborating to become self-reliant in critical minerals, strengthen supply chains, and adopt advanced technologies. Commerce and Industry Minister Piyush Goyal announced his upcoming visit to Washington for the India-US CEO Forum. He emphasized the strategic relationship between the two nations and their shared interests in bilateral and geopolitical issues.
Dalal Street Week Ahead: Nifty may continue to remain under corrective pressure
The volatility spiked as well; the volatility barometer India VIX surged by 13.63% to 15.22 on a weekly basis. While setting a distinct corrective undertone, the headline index closed with a net weekly loss of 383.75 points (-1.52%)
FPIs invest Rs 11,000 crore in India in first week of September. Will US jobs data increase flows?
However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.
F&O Talk| Nifty faces reversal signals and weaker breadth, key support at 24,500-24,400: Sudeep Shah of SBI Securities
The 50 component index Nifty 50 as well Sensex closed nearly 1.2% lower today. The former closed 293 points lower at 24,852 while the latter dipped by 1,017 points to 81,184.
Vedanta, BEML, among 140 stocks to remain in focus next week for dividend, bonus, split. Do you own any?
The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
RIL bonus shares record date likely in October? Here’s what data suggests
The Ambani-led company has announced that the date for determining shareholder eligibility for the 1:1 bonus issue will be revealed later. However, historical data suggests the record date for the RIL bonus shares might be next month.
Concurrent Gainers: These 9 smallcap stocks gained for 5 days in a row
Over the last five trading sessions up to September 6, the Sensex index declined by approximately 1.43%, closing at 81,184, with losses occurring in 4 out of the 5 sessions. Despite this market weakness, ETMarkets identified 15 stocks from the BSE smallcap sector that demonstrated consistent price increases during this period. We further narrowed down […]