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Source: Live Mint The S&P 500 and the Nasdaq edged lower while Dow Jones rose on Monday, ahead of the Federal Reserve’s monetary policy decision later this week. Investors cautiously awaited the Federal Reserve’s first interest rate cut since 2020 on Wednesday. At 09:50 a.m. the Dow Jones Industrial Average rose 260.54 points, or 0.63…
Source: Live Mint Oil prices increased by approximately 2% on Monday, driven by ongoing disruptions to U.S. Gulf oil infrastructure, which offset persistent concerns about demand following new data from China. Investors are also anticipating a potential reduction in U.S. interest rates later this week. By 1315 GMT, Brent crude futures for November rose by…
Source: Live Mint Real estate company Arkade Developers, which opened for subscription on September 16, was fully subscribed on first day of bidding. The IPO was subscribed over 5.80 times on Monday. Arkade Developers, a fast-growing real estate company, has established a significant foothold in the Mumbai market. As of July 31, 2023, the firm…
Source: Live Mint Come October 1, bonus shares will be available for T+2 trading, reducing the time from the record date for credit and trading. In a circular released on Monday, the Securities and Exchange Board of India (Sebi), the markets regulator, fast-tracked the process for the bonus issue of equity shares under the T+2…
Source: Live Mint ‘Facts will be taken on board’: Nirmala Sitharaman on Hindenburg’s salvo against Sebi chief Madhabi Puri Buch Read Full Article
Source: Live Mint Shapoorji Pallonji group’s flagship infrastructure engineering and Construction Company, Afcons Infrastructure Limited (AIL), has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise ₹7,000 crore through an initial public offering (IPO). Read Full Article
Source: Live Mint Osel Devices IPO: The issue that opened for subscription on on September 16, 2024, closes on 19 September. Here is the subscription status, GMP, key dates, all you need to know. Osel Devices IPO subscription status Osel Devices IPO subscribed 3.42 times on 16 September 2024 by 3:00 PM. The public issue…
Source: Live Mint Gravita India Ltd, a metals and plastic recycling company, is in a sweet spot following two favourable developments that propelled its shares to a new 52-week high of ₹2,660 apiece on Monday. The GST council recently introduced a reverse charge mechanism on the supply of metal scrap by an unregistered person to…
Source: Live Mint A Reddit user called “SentuBill” recently shared an unusual experience where ChatGPT began a conversation on its own. Typically, users start chats with OpenAI’s AI chatbot for help with projects, to ask questions or just to have a chat. In the shared screenshot, ChatGPT asked the user about their first week in…
Source: Live Mint Credit cards are a very under-rated tool in the financial services industry. It is a tool that can reward you handsomely if used wisely for your day-to-day expenses. Credit cards range from beginners to luxury cards that can reward you handsomely. The rewards can range from cashbacks to flight tickets (from economy…
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