Niva Bupa Health Insurance Company’s initial public offering (IPO) will open for public bidding on Thursday, November 7, and will close on Monday, November 11. The healthcare insurer has fixed the price band at ₹70-74 per share. The health insurance company, set up in 2008, is a joint venture between the Bupa Group and Fettle … Read more
Sagility India, the healthcare service provider firm, on Monday, said that it has raised around ₹945.4 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 31,51,34,668 or 31.51 crore equity shares to its … Read more
At the onset of Samvat 2080, the market outlook was generally positive, albeit with mixed sentiments due to global uncertainties and a robust domestic economy. There was a concern that maybe the domestic economy and FIIs inflows could go slow based on global factors. Heightened global tensions, driven by conflicts in Ukraine and Palestine, elevated … Read more
Sagility BV, a subsidiary of EQT Private Capital Asia, raised ₹366 crore through the sale of a 2.61 per cent stakeholding in Sagility India Ltd, according to the company reported news portals on November 3. Nine institutional investors picked up a stake in Sagility India ahead of its initial public offering (IPO) set to open … Read more
The Indian stock market delivered an impressive performance last Samvat, with the benchmark Nifty 50 soaring almost 25 per cent. However, according to Shankar Sharma, ace investor and the founder of GQuant, an AI-tech company, Samvat 2081 could be challenging and a year of moderate to negligible returns. “India’s performance in the last year has … Read more
Share market today: In a recent conversation with Mint, Aamar Deo Singh, Senior Vice President of Research at Angel One Ltd, emphasized that Samvat 2081 holds promise overall, yet volatility will persist due to the current state of the global economy and geopolitical tensions. Significant market swings, which offer both opportunities and challenges, will necessitate … Read more
The Bank Nifty, which has lagged behind broader indices over the past few months, is showing signs of resurgence. A strong performance by HDFC Bank and Axis Bank, coupled with a mixed showing from Kotak Mahindra Bank, suggests the index could lift the markets in the coming sessions. Although rising deposit rates have put pressure … Read more
Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the earlier limit of … Read more
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday tracking losses in global markets. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,045 level, a discount of nearly 80 points from the Nifty futures’ previous … Read more
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat on Tuesday amid largely positive global cues. Asian markets traded mixed, while the US stock market ended higher overnight, with the Dow Jones ending above the 43,000 mark for the first time and S&P 500 also posting record … Read more