Latest Stock Market News

Jyoti CNC IPO is priced in the range of Rs 315-331 per share. The IPO is completely a fresh issue worth Rs 1,000 crore. The share allotment for the IPO will be finalised on January 12 and the listing date is fixed as January 16.

Fidelity, Invesco and Galaxy Digital and WisdomTree were among other firms that filed amended S-1 applications with the SEC. The regulator has until January 10 to take action on at least one of their applications, and crypto insiders have speculated the regulator will use that date to announce a slew of decisions at once.

​Oil prices fell by more than 4% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply concerns generated by escalating geopolitical tension in the Middle East.

A piece of fuselage tore off an Alaska Airlines 737 MAX 9 jet on Friday following takeoff from Portland, Oregon, forcing pilots to turn back. The U.S. Federal Aviation Administration (FAA) subsequently ordered the temporary grounding of 171 narrowbody MAX 9 jets.

Stellaris Ventures has offloaded 32.17 lakh shares or 1% stake in Mamaearth at Rs 437 apiece, according to the exchange data. Through the stake sale, Stellaris bagged Rs 140.6 crore. It was unclear who the buyers were in the transaction. The stock was listed in November last year, but soon fell prey to lofty valuations, relegating the stock to its lowest level of Rs 256.

The Dow Jones Industrial Average fell 138.74 points, or 0.37%, at the open to 37,327.37.

As a result, the Indian FAR bonds will be included in the EM Local Currency indices with an initial weight of 20% of their full market value in September. The weight of FAR bonds will then be increased in increments of 20% of their full market value every month over the 5-month period ending in January 2025, when they will be weighted at their full market value (100%) in the indices, Bloomberg said.

The SME IPO will include a fresh equity issue of 41 lakh shares. Beeline Capital Advisors is the book-running lead manager, and Skyline Financial Services is the registrar of the issue.

TCS, Infosys, HCL Tech and Wipro are the ones slated to post their Q3 numbers between Thursday and Friday, with most analysts pencilling in a weak show.