Market News

Unimech Aerospace IPO price band is set at ₹745 to ₹785 per share and the IPO lot size is 19 shares. The company plans to raise ₹500 crore at the upper-end of the price band of the book built issue which is a combination of fresh issue and OFS worth ₹250 crore each.

RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

DAM Capital Advisors IPO price band is set at ₹269 to ₹283 per share. The ₹840.25-crore worth DAM Capital Advisors IPO is entirely an offer for sale (OFS) of 2.97 crore shares.

Mamata Machinery IPO price band was set at ₹230 to ₹243 per share. The company aims to raise ₹179.39 crore from the book-built issue which is entirely an offer for sale of 73.82 lakh shares.

Wall Street Holiday next week: The US stock market will open for a half day session on Tuesday, December 24 and close early at 1 p.m. (EST). Christmas holiday will be celebrated on December 25. 

Delhi-NCR housing mkt remains buoyant; sales up 25 pc, supply rises 59 pc in Oct-Dec: PropEquity

Market Strategy: The latest correction in Indian stock markets has cooled off valuations in large-caps, even as mid- and small-caps continue to trade at premium to their historical averages, according to Motilal Oswal Wealth Management.

Bharti Hexacom share inclusion in FTSE index is estimated to bring in flows of $36 million (2 million shares), while the inclusion of Go Digit General Insurance shares into the FTSE index will attract flows worth around $19 million (5 million shares).

The initial public offering (IPO) of Unimech Aerospace will open for subscription on Friday. The issue closes on December 17. Through the public offer, the company plans to raise nearly Rs 500 crore. Here are 10 things to know about the Unimech Aerospace IPO before subscribing to the issue.

The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent.

The US Fed’s interest rate cut and yield curve inversion signal potential recession and market corrections, with historical trends showing negative impacts on the S&P 500. Investors should exercise caution and rebalance portfolios.

Mcap of top-10 most valued firms slumps ₹4.95 lakh cr; TCS, Reliance hardest hit

Buy or sell: Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi, believes the Nifty Open Interest (OI) data suggests the index is in the oversold zone at 0.75, hinting at possible short-covering if the index sustains above 23,300–23,500 for the monthly expiry.

The UK and India reaffirmed their commitment to a stronger partnership in 2025 after a year of political shifts and economic milestones. Following UK elections that brought a new Labour government, FTA negotiations were relaunched. Key events included Tata Steel's green transition, Bharti Global's […]

Front-running case: Sebi bans 9 entities from mkt, impounds illegal gains of over ₹21 cr

Gold Rate And Silver Price Today on December 22, 2024:10 grams of 24 carat gold price was at Rs.77623.0 in Delhi whereas 1 kg of silver rate was Rs.94600.0 in Delhi.

Gold Price and Silver Rate Today on December 22, 2024:10 grams of 24 carat gold was at Rs.77623.0 in Delhi whereas 1 kg of silver was Rs.94600.0 in Delhi.

Equity mutual funds have offered negative returns in the last week upto 6%. Sectoral and thematic funds dominated the list of negative performers. Here are 10 worst performers. (Source: ACE MF)

Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve's projected slower rate cuts. Heavy selling in financial and IT stocks pushed the Sensex down 1.5% and Nifty 1.52%, as foreign funds flowed out. European markets also declined, while US stocks rebounded […]

Zomato stock price has surged more than 43% over the past six months, significantly outperforming the flat performance of the benchmark Sensex. Year-to-date (YTD), Zomato shares have delivered multibagger returns of over 126% and has skyrocketed by 350% over the past two years.

Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate returns, with a focus on banking, pharmaceuticals, and FMCG amid India's slowing economic growth.

A 4.5 magnitude earthquake struck Afghanistan's Badakhshan region at 6:30 am IST on Sunday, according to the National Centre of Seismology (NCS). The quake, occurring at a depth of 10 kilometers, is one of several to hit the disaster-prone region in recent weeks. The NCS confirmed the […]

IPO News Today Live Updates on December 22, 2024: Explore the latest on initial public offerings (IPOs), featuring insights into newly public companies and market trends. Get the details on upcoming IPOs, pricing strategies, and how these new stocks perform on the exchange, providing crucial […]

Upcoming IPOs: The week will witness the launch of one mainboard IPO and two SME IPOs, keeping Dalal Street abuzz. Additionally, eight companies are scheduled for listing during the week.

Latest Market News Today Live Updates on December 22, 2024: Follow Mint's market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Prominent crypto exchanges Coinbase and Kraken have each donated $1 million to the Trump-Vance inaugural committee.

Stock market triggers: Monthly derivates expiry, new listings, foreign fund inflow, and global cues will dictate market trends this week. D-Street experts say the Nifty is likely to test the 24,000 level.

Stock Market News Today Live Updates on December 22, 2024: Explore comprehensive coverage of the stock market, with updates on key indices, stock performance, and financial news. Track the biggest market moves and discover how economic indicators, corporate earnings, and geopolitical events impact […]

In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US companies vowed to start cutting their debt loads. Those days may be over now.

Transrail Lighting IPO: The mainboard IPO was subscribed 5.31 times by the end of the second day of subscription and will close for bidding on Monday, December 23.

Dividend, bonus, stock split: Vedanta Limited will trade ex-dividend on December 24, and several companies will execute stock splits and bonus issues.

Oil prices: Brent crude futures closed up six cents, or 0.08 per cent, at $72.94 a barrel. US West Texas Intermediate crude futures rose eight cents, or 0.12 per cent, at $69.46 per barrel.

Experts see growth potential in IT, banking, FMCG, and infrastructure sectors in India. Increased government spending and reforms are expected to drive recovery in these areas, alongside emerging industries like green hydrogen and biotechnology, despite current economic slowdowns.

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity

Mukul Agrawal portfolio: ICICI Securities is bullish on PTC Industries share price after Trac qcquisition

Stock market: Presenting a comprehensive recap of the week's highlights, spanning from top news to market performance, here's your market wrap for the week concluding on December 20, 2024.

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Titan Company, Petronet LNG, and Dr Reddy's Laboratories

Senores Pharma IPO GMP: According to stock market observers, shares of the company are available at a premium of ₹191 in the grey market today

DAM Capital Advisors IPO GMP: According to stock market observers, shares of the company are available at a premium of ₹161 in the grey market today

IPO News Today highlights on December 21, 2024: Explore the latest on initial public offerings (IPOs), featuring insights into newly public companies and market trends. Get the details on upcoming IPOs, pricing strategies, and how these new stocks perform on the exchange, providing crucial […]

Mamata Machinery IPO GMP today is higher than the previous day's GMP despite the stock market crash on Friday

Small-cap stocks under ₹100: Experts recommend theser six shares to buy next week —Shree Renuka Sugars, Fedders Holding, AMJ Land Holdings, VIP Clothing, Network 18, and Jain Irrigation Systems

Gold Rate And Silver Price Today on December 21, 2024:10 grams of 24 carat gold price was at Rs.76963.0 in Delhi whereas 1 kg of silver rate was Rs.93500.0 in Delhi.

A Swiss parliamentary inquiry revealed that secret meetings and mistrust among officials hampered the government's response to Credit Suisse's 2023 collapse. Undocumented "non-meetings" and downplaying of the bank's problems left key ministers uninformed, hindering preparations for the eventual […]

WHO Director-General highlighted the escalating climate crisis, emphasizing its potential to worsen global divisions. He stressed the urgent need for peace and collaboration, citing the crisis's impact on health. Meanwhile, India showcased its commitment to combating land degradation and […]

Butter prices are soaring across Europe, impacting consumers and businesses alike. A global milk shortage, exacerbated by various factors including declining production and the war in Ukraine, is driving the increase. While some producers consider substitutes, others, like Parisian pastry chef […]

Impeached South Korean President Yoon Suk Yeol faces questioning over his short-lived December 3 martial law declaration. Accused of abuse of authority and rebellion, Yoon continues to refuse cooperation with investigators, dodging summons and blocking office searches.

The government drafted a bill to combat illegal lending. The bill proposes a 10-year jail term and a ₹1 crore penalty for violators. An online database of approved lenders will be created. The database will help identify illegal lenders. The move follows action against several digital loan […]

Switzerland has suspended most-favored-nation status for India under their tax treaty, but Indian officials say the immediate trade impact will be minimal. The move raises concerns about investment flows under the European Free Trade Association agreement, which includes a $100 billion investment […]

IMD Business School President David Bach foresees the US adopting a transactional approach with India under Trump, while maintaining strategic partnership against China. India stands to benefit from the 'China-plus one' strategy as businesses diversify. Bach emphasizes India's need to improve […]