Latest Stock Market News

Manba Finance IPO: At 11:39 a.m., the public issue was subscribed 6.47 times. The retail category was subscribed 9.31 times, while the NII portion garnered 8.46 times bids. There have been no bids from qualified institutional buyers so far.

Brokerage firms initiated coverage on stocks like Va Tech Wabag and Ideaforge Technology, targeting upsides of up to 50%.

Aadhar Housing Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Fees & Commission Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2024.

The addendum to the ACG PSA allows progress in exploring, appraising, developing, and producing Non-Associated Natural Gas (NAG) from the ACG field and is effective until the current PSA ends in 2049.

The stock quoted a 52-week high price of Rs 3186.95 and a 52-week low of Rs 2068.45.

As of 30-Jun-2024, promoters held 51.5 per cent stake in the company, while FIIs held 7.79 per cent and domestic institutional investors had 2.38 per cent.

The global brokerage firm said that it expects both earnings momentum and importantly cash flow generation to continue. Additionally, it sees Glenmark as more of an India / RoW play as these two contribute >70% of its EBITDA.

The stock quoted a 52-week high of Rs 3730.55 and a 52-week low of Rs 1968.25.

Trump would be inflationary, probably, and so there would be less of interest rate normalisation. The Federal Reserve might not be able to cut interest rates as much. If you look back when he was elected the last time, high yield bonds did very well and stocks did very well because his policies, as I said, were pro-business and pro-markets.

In a recent ETMarkets live stream with Delta Exchange, trading expert Saketh Ramakrishna discussed the effectiveness of ratio spreads in volatile markets. He highlighted the importance of timing, market sentiment, and key support and resistance levels. The session included a live trade example demonstrating how to balance bullish and bearish positions using ratio spreads.