Produced by: Bhoomika Aggarwal Designed by: Manoj Kumar
The allotment for the Rs 3,042.5-crore IPO of Tata Technologies was finalised on Wednesdy. It received an overall subscription of 69.4 times. It is set to be listed on the bourses on November 30.
Marinetrans India IPO is a fixed price issue of Rs 10.92 crores. The issue is entirely a fresh issue of 42 lakh shares and opens for subscription on November 30. Graphisads IPO opens for subscription on November 30, 2023 and closes on December 5, 2023. The allotment for the Graphisads IPO is expected to be finalised on Friday, December 8, 2023. Graphisads IPO price is Rs 111 per share. The minimum lot size for an application is 1,200 shares.
"On November 29, benchmark indices concluded the trading day on a robust note, with the Nifty surpassing 20,000 for the first time since September 20, 2023. The market exhibited a strong performance, closing nearly 1% higher. Despite a subdued period in the middle of the session, a sharp surge in the last half-hour significantly altered the market sentiment. As a result, the Nifty reached a new high, settling at 20,104.65 levels," as per Mandar Bhojane, Research Analyst, Choice Broking.
"Analysing the daily chart of Bank Nifty, a strong breakout of the daily trendline was observed with substantial volume, indicating a robust bullish momentum in banking stocks. Positional traders are advised to maintain their positions with a stop loss at 43,900 and target levels of 45,300 and 45,700 in the short run," as per Mandar Bhojane, Research Analyst, Choice Broking.
"Nifty reclaimed the 20,000 mark and closing at 20,096.60. All sectoral indices, except for realty, concluded the session in the green. With all engines firing, global sentiments are positive. The US Dollar index is on a downward trend, US Bond yields have hit a 10-week low at 4.3%, and FIIs are actively buying, raising hopes that tomorrow might witness the NIFTY reaching a new high, surpassing its lifetime peak of 20,222.45," as per Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker.
Public sector OMCs, including BPCL, IOCL and HPCL, revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today in major cities.
Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to newly inducted employees of different government departments on November 30 as part of 'Rozgar Mela'
IMD Weather Prediction: Forecasters predict that the system is expected to move in a west-northwest direction, gradually intensifying into a Depression over the southeast Bay of Bengal by November 30. It is anticipated to gain further strength, evolving into a cyclonic storm ‘Michaung’ over the Southwest and adjoining Southeast Bay of Bengal within the next 48 hours.