Thu, Feb 1, 2024 12:42 PM
PB Fintech stock hits 52-week high as 5.4% equity changes hands
A Flip by Shubhangi Gupta
Indian markets could see a 10% correction in the first half of calendar year 2025, according to Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital. He said this potential drop is likely to be driven by global factors rather than domestic ones, which marks a change for Indian markets.
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2024 Review: The Indian primary market witnessed a landmark year, with equity issuances surging by 2.6 times compared to the previous year, underscoring the booming investor sentiment in Indian markets. According to a report by brokerage house Motilal Oswal Financial Services (MOSL), over 317 initial public offers (IPOs) collectively raised an unprecedented ₹1.8 trillion in 2024.
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Sanathan Textiles IPO day 3: The initial public offering (IPO) of Sanathan Textiles, which opened for subscription on Thursday, December 19, and concludes today, i.e., Monday, December 23, has seen a mixed response from investors. The issue has been fully subscribed, and the grey market trends indicate investors expect the stock to list at a mild premium.
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