There are talks around about tariff on gold which also has sparked...
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Equity investors’ wealth erode by Rs 18 lakh cr in 6 days of market fall
During the day, the benchmark tanked 905.21 points or 1.18 per cent...
Mutual fund SIP inflows cross Rs 26,000 crore mark for 2nd month in a row
Equity mutual fund inflows declined by nearly 4 per cent monthly to...
Rs 7.73 trn crore of investors’ wealth depleted in two days amid market collapse
Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 5,517.08 crore on Friday, according to stock exchange data. "There seems to be no respite for the markets from the bear hug as the weak Asian gauges and fall in European...
Investment banks forgo bumper fees for league rank in mega LIC IPO
The 10 advisers who manage the initial public offering They will receive around Rs 10 million ($129,000) each for their role in the deal, a fraction of what they would normally pocket for a deal of this size Mumbai: investment banks advising on the initial public...
LIC IPO: QIB portion fully subscribed on last day, FIIs steer clear
Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop. The non-institutional investors' portion was subscribed 1.38 times. Retail individual investors...
Foreign funds’ share in India equities at 19.5%, lowest since March ’19
The record fall was mainly due to the massive outflows of USD 5.4 billion in March and a whopping USD 15.7 billion in FY22. Such a massive pullout came after they pumped in USD 23 billion in 2020 and USD 3.7 billion in 2021 New Delhi: Foreign funds' ownership in...
LIC IPO subscribed 1.79 times on Day 5; offer closes on Monday
The Qualified Institutional Buyer (QIB) category is yet to be fully subscribed. Bids were received for 0.67 per cent of the shares earmarked for the segment, showing a poor response. Mumbai: Life Insurance Corporation's IPO, the country's biggest public offer, was...
Global factors, macro data, earnings to drive market trends this week: Analysts
''The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market,'' said...
LIC IPO day 4: Total subscription at 1.66 times, NII portion fully booked
However, the Qualified Institutional Buyer (QIB) category received a poor response as just 0.67 per cent of the shares earmarked received the bids on the fourth day of the IPO Mumbai: Shares reserved for non-institutional investors, including high networth...
FPI selling extends to 8th straight month, pulls out over Rs 6k-cr in May
FPIs remained net sellers for seven months to March 2022, withdrawing a massive net amount of Rs 1.65 lakh crore from equities The ongoing geopolitical environment following Russia's invasion of Ukraine also weighed on FPIs buying sentiment New Delhi: Continuing its...
LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday
Retail individual investors bid for 8.53 crore shares as against 6.9 crore shares set aside for this segment -- translating into oversubscription of 1.23 times Of the total, the policyholders' portion was subscribed a little over four times, while that for employees...
LIC IPO fully subscribed on day 2; offer closes on May 9
Retail individual investors picked up nearly 93 per cent of the 6.9 crore shares set aside for this segment Of the total, the policyholders' portion was subscribed a little over three times, while that for employees was subscribed 2.21 times Mumbai: LIC's public...