Sona Machinery IPO Allotment Today The Sona Machinery IPO share allocation is now complete as of today, March 11. By using the Maashitla Securities Private Ltd webpage, investors who enthusiastically participated in the IPO may now verify their allotment status. In addition, the unallotted applicant reimbursement process has begun, guaranteeing an open and effective procedure. … Read more
Purv Flexipack IPO Makes Stellar Debut on NSE Distributor of plastic-based goods Purv Flexipack made a spectacular entry on the NSE SME, with its share price surging to ₹260—a staggering 266% premium over the issue price of ₹71. Investor interest in the company’s first public offering (IPO) was enormous, with a whopping 421.78 subscriptions. … Read more
RBI MPC Meeting 2024 Governor Shaktikanta Das of the Reserve Bank of India (RBI) stated that the repo rates will stay at 6.5% in the most recent update from the Monetary Policy Committee (MPC) meeting. The committee’s focus on abandoning the accommodating position and bringing inflation in line with the objective while promoting economic … Read more
YES Bank Shares Surge 10% to Hit 52-Week High In today’s trading session, YES Bank shares saw an incredible leap, rising over 10% to reach a new 52-week high. This increase followed the private lender’s clarification of its relationship with a fintech firm, which had been previously publicized by the media. YES Bank … Read more
Stock Market Today : Sensex, Nifty Start with a Flat Opening Influenced by global cues, Indian benchmark indexes opened flat on Monday during trading. The BSE Sensex began up by 183.49 points, or 0.25%, to reach 72269.10, while the Nifty50 opened marginally higher by 67.20 points, or 0.31%, to reach 21921.00. But the Nifty … Read more
Paytm Shares Nears Record Low The Indian digital payments company Paytm (One 97 Communications Ltd) has experienced a dramatic decline in recent times, with its shares falling by around 10% to almost all-time lows. The market was shaken by this loss, which came after a slew of regulatory measures against its banking division. Last … Read more
APJ Surendra Hotels IPO Overview: Company Name: APJ Surendra Park Hotels Limited IPO Opening Date: February 5, 2024 IPO Closing Date: February 7, 2024 Minimum Investment: ₹14,880 Price Band: ₹147-₹155 per share Total Fundraising Target: ₹920 crores Allocation: ₹600 crores from issuance of new shares ₹320 crores from sale of shares by promoters Listing Date: … Read more
India’s Interim Budget 2024 With the upcoming Lok Sabha elections heating up Indian politics, all eyes are on Finance Minister Nirmala Sitharaman’s freshly unveiled Interim Budget 2024. This interim budget is a crucial document that outlines spending and income until the new administration is formed after the election. It represents the last financial blueprint … Read more
Fonebox Retail IPO The allocation for Fonebox Retail’s initial public offering (IPO) is probably complete. Applicants for the issuance can now visit the National Stock Exchange (NSE) website to verify their allocation status. Investors discover on the allotment date how many shares they have been allotted in relation to their bids. Here’s how to … Read more
Federal Reserve Holds Interest Rates Steady Despite the rapid slowdown in inflation, the Federal Reserve said on Wednesday that it is unlikely to alter its benchmark interest rate in March and opted not to do so. Following a two-day meeting, the Fed released a statement indicating that it is done hiking interest rates for … Read more