Tue, Sep 17, 2024 1:46 PM
Buzzing IPO market is gearing up for bigger debuts
A Flip by Shubhangi Gupta
Gold October futures contracts as well as silver December futures contracts at MCX opened flat today after the US Fed cut the interest rates by 50 bps. The former stood at Rs 72,916 per 10 gram, which is down by 0.19% or Rs 139 while the latter stood at Rs 88,375/kg, up by merely 0.09% or Rs 76. However, the prices of gold have fallen by Rs 600 per 10 grams in this week so far.
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Tata Motors‘ share price jumped back into the green on Thursday after the company received an upgrade from a brokerage firm. What Happened: The surge today comes as Emkay Global upgraded the stock’s rating from “add” to “buy” with a price target of ₹1,175, The target indicates an around 22% upside from the stock’s last closing price.
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U.S. investment bank PJT Partners, known for steering high-profile companies like WeWork and LATAM Airlines through bankruptcies, has agreed to buy Dubai-based advisory firm deNovo Partners. The deal, expected to close next month, will help PJT expand its presence in the Middle East and give it access to a client base comprising prominent businesses and government-related entities.
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