Logistics firm Glottis is set to finalize its Rs 307 crore IPO allotment on Friday after receiving 2.12 times subscription. Despite strong investor interest across categories, the grey market premium of just Re 1 indicates muted listing-day gains are anticipated. Investors can check their allotment status from October 3.Read More
Ten NSE large-cap stocks, including Shriram Finance, Tata Motors, and HDFC Bank, showed a bullish RSI upswing as momentum strengthened above the 50 mark.Read More
Wall Street indexes closed at record highs, primarily driven by the technology sector and AI chip companies, amidst a U.S. government shutdown. Investors, monitoring private labor data, anticipated potential Fed rate cuts. The shutdown also raised concerns about its duration and impacted specific stock performances.Read More
Oil prices edged up slightly on Friday but are poised for their steepest weekly decline since June, largely due to market expectations of a significant OPEC+ output hike. Analysts anticipate a potential 500,000 barrels per day increase in November, coupled with slowing refinery activity and seasonal demand, will further depress prices.Read More
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