Bharat Forge shares 1.26% as Nifty
A total of 4,064 shares changed hands on the counter till time (IST).
A total of 4,064 shares changed hands on the counter till time (IST).
According to the draft papers, the IPO consists of a fresh issue of equity shares valued at Rs 1,000 crore, along with an Offer for Sale (OFS) of 18.9 crore shares by the selling shareholders. The company may raise Rs 200 crore through a pre-IPO placement. Greaves Electric is recognised for its 'Ampere' brand of electric scooters and also produces three-wheelers under a separate brand name.
In 2024, a strong bull market allowed Indian firms to raise Rs 3.5 lakh crore across 438 IPOs. Some IPOs provided significant listing discounts, with Popular Vehicles & Services showing the highest at 46%. Other companies with notable discounts include Capital Small Finance Bank, Akme Fintrade (India), and Northern Arc Capital.
Founded by two Stanford dropouts, quick commerce upstart Zepto has carved out its space alongside Zomato's Blinkit and Swiggy's Instamart. After Swiggy's November listing and Zomato's public debut in July 2021, Zepto remains the only private player among the big three.
President-elect Donald Trump has expressed intentions to acquire the Panama Canal and Greenland for the United States, citing national security and commercial interests. This includes criticism of Panama's canal fees and seeking a deal for Greenland amid strategic and mineral resource concerns, echoing historical expansionist policies.
The NSE Nifty index was trading 88.75 points up at 23842.2
Top brokerages recommend Sagility, Allied Blenders, and InterGlobe Aviation for strong growth. Sagility gets a 17% upside, Allied Blenders sees a 21% rise, and InterGlobe Aviation forecasted to rebound with 19% upside.
Here are eight zodiac signs known for their tendency to overthink.
A total of 3,363 shares changed hands on the counter till 10:20AM (IST)
The 30-share BSE Sensex was up 275.13 points at 78815.3
Former cricketer Ricky Ponting urged Shubman Gill to back his defensive technique more in Australia for better results. Gill's overseas performance has been inconsistent, with an average of 26.72 in SENA countries. Ponting believes that an attacking mindset and confidence are key for Gill to succeed in the upcoming Border-Gavaskar Trophy Test in Melbourne.
The Railway Recruitment Board has announced 32,438 Group D vacancies under level 1. Applications start from January 23, 2025, on the official RRB website. Selection involves a computer-based test, physical efficiency test, and medical/document verification. Eligibility requires a class 10th qualification and a National Apprenticeship Certificate. Age limit is 18-26 years. Application fees apply.
A total of 260,830 shares changed hands on the counter till 10:15AM (IST)
Rahul Gandhi and Mallikarjun Kharge criticized the method of appointing the NHRC Chairperson and members. They argued that the process was fundamentally flawed and lacked mutual consultation and consensus. They suggested alternative candidates to maintain inclusivity and merit. This raises concerns about the impartiality and fairness of the selection process.
The 30-share BSE Sensex was up 177.43 points at 78717.6
So, whether it is infrastructure which I feel is one space where the government spending is also picking up and should pick up faster now when you are reaching close to the end of the third quarter. So, infrastructure is one space that I am very positive.
Motivational quotes to inspire success in every sportsperson’s journey.
Motilal Oswal reiterates a buy call on GAIL with a target price of Rs 265, up from the current market price of Rs 195.5. They project a 14% CAGR in PAT during FY24-27, driven by increased gas transmission volumes, improved petchem profitability, and healthy trading segment earnings. The target price is based on SoTP valuation across GAIL's business segments.
The Nifty Pharma index was trading 0.08 per cent at 22589.75.
Nifty is down 10% from its peak, and with historical data showing a high probability of a Santa rally, market insiders predict potential gains for the year-end. Smallcap indices are expected to perform well, with sectoral rotation favoring midcaps and smallcaps during this period.
Hydrogen companies worldwide are already struggling with canceled projects and sluggish demand. In the US, billions of dollars of projects have been stalled waiting for President Joe Biden’s administration to issue final rules for a tax credit meant to spur production.
India skipper Rohit Sharma confirmed his knee injury is fine and kept the suspense over his batting position ahead of the Boxing Day Test. He emphasized the focus on team strategy and backed Virat Kohli to overcome his form slump. Rohit also encouraged Yashasvi Jaiswal to play his natural game despite recent struggles.
Fund mobilisation by Indian companies grew tenfold over the last ten years, rising from Rs 12,068 crore in 2014 to Rs 1.21 lakh crore in FY25. Increased household participation and higher market capitalization reflect a robust economy and strong investor confidence. Savings in shares and debentures have also significantly increased, indicating higher household contributions to the economy.
A total of 138,152 shares changed hands on the counter till 09:59AM (IST).