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Pine Labs IPO: The grey market premium for the issue has dropped to 1.81% from 5%, signalling softer investor sentiment. The IPO’s price band is fixed at ₹210–₹221 per share.
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Asian markets saw gains on Monday. Hopes for an end to the US government shutdown boosted investor sentiment. Nasdaq and S&P 500 futures climbed. European markets also opened higher. The dollar showed some recovery against the yen. Oil prices edged up. Gold prices increased. Investors are watching for a clear resolution to the shutdown.
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Garden Reach Shipbuilders & Engineers shares will trade ex-dividend on November 11. Investors must buy before today to receive the Rs 5.75 interim dividend. This payout is from profits for the half-year ending September 30, 2025. GRSE is a Ministry of Defence undertaking. Other companies like Chambal Fertilisers and Chemicals also have ex-dividend dates.
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Sampre Nutritions stock offers a final chance today, November 10, for investors to secure bonus shares and a stock split. The company is issuing one bonus share for every share held. Additionally, each share’s face value will halve from Rs 10 to Rs 5. These corporate actions will take effect from Tuesday. Investors buying after...
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Groww IPO saw strong investor demand, subscribed 17.6 times. Allotment results are expected Monday. Shares will be credited Tuesday, with listing on Wednesday. The IPO was valued at Rs 6,632 crore. Grey market premium indicates a modest listing gain. Investors can check allotment status on the registrar’s or stock exchange websites. Groww’s performance will be...
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Oil prices saw an increase on Monday. Hopes for an end to the U.S. government shutdown are boosting expectations for higher demand. This optimism is currently outweighing worries about increasing global oil supplies. Brent crude futures and U.S. West Texas Intermediate crude both experienced gains.
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Gold prices surged on Monday, driven by anticipation of a December Federal Reserve rate cut and concerning economic data. Weak U.S. job figures and declining consumer sentiment fueled global growth worries. This environment, coupled with a potential end to the U.S. government shutdown, boosted investor confidence in the precious metal, with significant inflows into gold-backed...
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Global growth concerns resurfaced with weak economic data, but a potential U.S. government shutdown resolution offered some relief. The dollar strengthened against the yen and euro as U.S. lawmakers moved towards ending the shutdown. Analysts anticipate a renewed slowdown in Asian economic growth, potentially boosting the U.S. dollar further.
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