Aequs IPO allotment finalizes December 8. Investors can check status online. The IPO saw massive interest, closing 104.30 times subscribed. Listing is December 10 on BSE and NSE. Grey market premium indicates positive sentiment. Aequs operates in aerospace precision manufacturing. The company’s financial performance has been uneven. Broker sentiment is largely positive.Read More
IndiGo’s CEO has been granted an extension to respond to a DGCA show-cause notice regarding massive flight disruptions. The airline expects its network to stabilize by December 10, reporting improved on-time performance and reduced cancellations after implementing revised pilot duty norms.Read More
Eternal, Zomato’s parent company, will see a 0.5% stake offloaded by an institutional investor on December 8, valued up to Rs 1,500 crore at a slight discount. This stake sale occurs amidst significant capital-raising activities by rivals Zepto and Swiggy in the quick-commerce sector. Eternal’s shares have shown mixed performance, with a recent decline despite positive year-to-date and six-month trends.Read More
The NSE has introduced a 15-minute pre-open session for equity derivatives starting December 8 to improve price discovery and ensure smoother market openings. The window runs from 9:00–9:15 AM and includes order entry, order matching, and a buffer period. It applies to current-month and near-expiry next-month futures but excludes far-month contracts, options, spreads, and corporate action–affected contracts.Read More
Indian markets closed higher on Friday, showing resilience. Nifty’s bounce from support suggests the uptrend may continue. IndiGo, Bajaj Finserv, Eternal, Ola Electric, and Fino Payments Bank are in focus. Bajaj Finserv plans expansion into pensions and wealth management. Ola Electric begins mass deliveries of new vehicles. RailTel and Cochin Shipyard secured new orders.Read More
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