Despite valuation concerns, the BSE Midcap and Smallcap indices have continued their upward trajectory. Throughout June, the BSE Midcap index only saw declines on June 4, June 19, June 21, and June 25. Similarly, the BSE SmallCap index dropped on jus

Akme Fintrade India IPO - Lists at 5.83 Premium on NSE Akme Fintrade India had a modest listing on 26th June 2024, debuting at ₹127.00 per share, a premium of 5.83 over the issue price of ₹120 per share. Below is the pre-open price discovery

DEE Development Engineers IPO - Lists at 67 Premium on NSE DEE Development Engineers had a very strong listing on 26th June 2024, listing at ₹339.00 per share, a premium of 67.00 over the issue price of ₹203 per share. Here is the pre-open p

About the Vraj Iron and Steel IPO The stock of Vraj Iron and Steel has a face value of ₹10 per share and the price band for the book building IPO has been set in the range of ₹195 to ₹207 per share. The IPO of Vraj Iron and Steel will be ent

Divine Power Energy IPO Subscription Status on Day-3 at 394.17 times As of 7.01 pm on 27th June 2024, out of the 42.342 lakh shares on offer in the IPO (excluding the market maker portion and the anchor allocation done), Divine Power Energy saw bi

Petro Carbon IPO Subscription Status on Day-3 at 92.16 times As of 7.03 pm on 27th June 2024, out of the 43.32 lakh shares on offer in the IPO (excluding the market maker portion and the anchor allocation done), Petro Carbon and Chemicals saw

Akiko Global Services (Money Fair) IPO - Day 3 Subscription at 36.33 times As of 6.57 pm on 27th June 2024, out of the 20.816 lakh shares on offer in the IPO (excluding the market maker portion and the anchor allocation done), Akiko Global Ser

Borosil share price surged over 6 on June 25, following the company's announcement that its board approved a Qualified Institutional Placement (QIP) at a floor price of ₹331.75 per share. The company aims to raise up to ₹250 crore through this Q

On June 25, ICICI Bank Ltd became the sixth Indian firm to reach a market capitalization of $100 billion (approximately ₹8.4 lakh crore) as the private sector bank’s share price rose over 2 intraday. The stock traded at ₹1,196.45 in the aftern

Allied Blenders IPO Subscription Status on Day-3 at 23.55 times As of 6.56 pm on 27th June 2024, out of the 393.72 lakh shares on offer in the IPO (excluding anchor portion), Allied Blenders and Distillers saw bids for 9,271.11 lakh shares. This i

The Securities and Exchange Board of India (SEBI) is planning to tighten the guidelines for futures and options (F&O) trading. The revised norms could include increasing the margin requirements, tightening the eligibility criteria, and enhancing

The Reserve Bank of India's directive to levy penalties only as 'penal charges' is creating a tax dilemma for banks. Banks are concerned that the indirect tax on these levies would attract the goods and services tax (GST). The new rule, effective fro