Stock exchanges facilitate trading in listed shares and securities, including bonds and commodities. They enable companies to list their stock publicly, generating extra capital for their operations. Additionally, stock exchanges provide investors with a platform to trade, facilitating wealth creation. In India, the prominent stock exchanges are the NSE and BSE. What is NSE? Founded…
The Emcure Pharmaceuticals IPO has witnessed an overwhelming response from investors. On the third day of bidding, the IPO was oversubscribed with non-institutional investors leading the charge. As per the BSE data at 13:00 IST, the subscription status stood at an impressive 11.63 times. Non-institutional investors subscribed 31.67 times, retail investors booked their portion 5.36…
Awfis Space IPO subscription status: According to BSE data, the initial public offering of co-working space provider Awfis Space Solutions received 108.17 subscriptions on the last day of bidding today (Monday, May 27) at 17:06 IST. According to BSE data released today, bids have been received for 93,34,33,605 of the 86,29,670 shares offered in the…
1. Basic of Stock Market Before diving into trading, it’s crucial to grasp the foundational concepts: 2. Start with Education The first step is to educate yourself. There are numerous resources available: 3. Follow the Market To get a feel of how the market operates, start following it daily: 4. Open a Demat and Trading…
Rail Vikas Nigam Ltd (RVNL) experienced a significant surge in its share price, climbing over 15% during intraday trading on Tuesday. This remarkable increase propelled the RVNL share price to a new all-time high of ₹345.90 on the NSE. Over the past year, RVNL shares have delivered impressive multibagger returns, soaring by more than 190%,…
When starting any partnership, a legal agreement is crucial. For a broking house and a sub-broker, a sub-broker agreement is especially important. But what exactly is a sub-broker agreement, and what clauses does it typically include? Let’s explore this in detail. What is a Sub-broker Agreement? A sub-broker agreement is a legal contract that outlines…
Financial inclusion is more than just a buzzword; it’s a vital aspect of economic development and social equity. But what exactly does it mean? In simple terms, financial inclusion refers to ensuring that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit,…
TBO Tek had an impressive market debut today, with its share price soaring on both the NSE and BSE. On the NSE, TBO Tek shares opened at Rs1,426 each, marking a substantial 55% increase from the issue price of ₹920. Similarly, on the BSE, the opening price was ₹1,380 per share, representing a notable 50%…
Today in the stock market, Tata Motors faced significant selling pressure following the announcement of its Q4 results for 2024 last Friday. The company’s shares opened lower at ₹1,005 each on the National Stock Exchange (NSE), quickly plummeting to an intraday low of ₹947.20 per share shortly after the market opened. This sudden drop amounted…
The Aadhar Housing Finance IPO, backed by Blackstone, commenced its subscription today, May 8, with closure slated for May 10. Priced between ₹300 to ₹315 per share, the IPO aims to raise capital for expansion and strategic initiatives. Notably, it garnered ₹898 crore from anchor investors on May 7, showcasing strong initial interest. Investors can…
