Stock Market LIVE: Nifty, Sensex Fall As HDFC Bank, ICICI Bank Shares Weigh
The Nifty 50 and Sensex were trading 38% and 36% down, respective as of 11:19 a.m.. Follow the live blog for latest stock price movement, analysts' view, and stock market news.
Mutual Funds Likely To Propose Risk Solutions To SEBI On Pre-IPO Placement Investments
The mutual fund industry of the country is likely to deliberate on risk-mitigating ideas with regards to investing in pre-IPO placements and take them to the market watchdog, Securities and Exchange Board of India, people in the know told NDTV Profit.
As per the industry insiders, the Asset Management Companies are likely to explore ways to manage these risks after the regulator's recent clarification. They are to now look at the likelihood of the IPO of a company to go through, NDTV Profit was told.
Stock Market LIVE: Nifty PSU Bank Extends Record Rally
The NSE Nifty PSU Bank index rose 2.41% to a new high of Rs 8,238.75 apiece.
Stock Market News: Cochin Shipyard Signs LoI With Denmark-Based Svitzer
Cochin Shipyard signed a letter of intent with Denmark-based Svitzer to construct electric transverse tugs. The company will collaborate with Svitzer to build electrical transverse tugboats at company's yard facilities, the company said in the exchange filing.
Urban Company Q2 Results Soon: Check Date, Earnings Call Details And More
Urban Company Ltd. is set to announce its financial results for the second quarter and half-year ended Sept. 30 this weekend. The company confirmed the date in a filing with the stock exchanges. This marks Urban Company’s first quarterly earnings report since its highly successful IPO in September.
IPO News: LensKart IPO Subscribed 0.08 Times
The LensKart Solution IPO has been subscribed 0.08 times as of 10:51 a.m.
Qualified Institutional Buyers (QIBs): 0
Non Institutional Investors (NIIS): 0.07 times
Retail Individual Investors: 0.32
Employee Reserved: 0.24
