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​​Container freight rates are still much-much higher as compared to the last year. Thirdly, credit period crunch is also one more issue based upon our sources it is indicating. And lastly, on the domestic demand is not reviving up and that is also piling up a lot of inventory on the Morbi side.

Retail investor subscriptions stood at an impressive 418.36 times, while non-institutional investors subscribed 163.23 times by the end of the final day. Meanwhile, qualified institutional buyers placed 20 bids for a total of 41.78 lakh shares.

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2024 saw equity market volatility and 10% Nifty returns. Fixed income investors explored alternatives to FDs and Debt MFs, like direct bond investments offering 10-14% returns. Tax benefits across these instruments are now aligned. Investors should consider their age and risk tolerance when adjusting their asset allocation for 2025, potentially increasing fixed income exposure as they age.

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The Fujiyama Power Systems IPO comprises a Rs 700 crore fresh issue and an offer-for-sale of 20 million shares, with promoters Pawan Kumar Garg and Yogesh Dua selling 10 million shares each. A reserved portion with discounts is available for eligible employees.

Davin Sons Retail’s IPO will open for public bidding on January 2, with a price band of Rs 55 per share. The company’s unlisted shares are not commanding any premium in the grey market. The IPO will close on January 6, and the allotment is expected on January 7. The shares are set to list on the BSE SME platform on January 9.

Infosys is projected to achieve 1% sequential growth in constant currency terms, with a target price of Rs 2,250, reflecting over 20% upside from current levels, according to Motilal Oswal. Despite seasonal furloughs slightly affecting margins, the company is expected to maintain its annual growth guidance of 3.75%-4.5%, supported by strong deal TCV and positive demand trends.

Is the stock market open on January 1?

Updated at : 2024-12-31 14:20:01

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As per the NSE and BSE holiday calendars, the markets will have 14 trading holidays in the upcoming year, down from 16 in the current year. The next trading holiday will be Wednesday, February 26, in observance of Mahashivratri.

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