Property Share REIT IPO allotment: Check status, listing date and other details
Property Share REIT IPO allotment status can be checked on the BSE website or Kfin Technologies website today. The IPO was subscribed 1.19 times, with listing expected on December 9. No grey market premium exists currently. The IPO funds the acquisition of Prestige Tech Platina in Bangalore, leased to a US tech firm.
Big movers on D-Street: What should investors do with Zomato, HUL and Dabur?
Sensex surged 809 points, marking its fifth consecutive rise. Analyst Kushal Gandhi advises buying Zomato, targeting 340 with a stop-loss at 274. He recommends buying HUL only above 2539 and suggests avoiding Dabur due to bearish trends and weak buyer demand.
Tighter norms by SROs to hit business for microlenders
Microfinance companies are expected to face profitability challenges in FY25, driven by rising credit costs and a potential compression in interest rate margins, according to ICRA. Tighter lending practices and a significant increase in overdue loans will negatively impact business volume and loan quality.
Rise in US bond yields going to be a headwind for EMs: Sonal Desai
For US bond markets, the determining factor will be the fiscal plans as opposed to the campaign promises. There are two elements to what happens in bond markets, what the Fed does and very importantly, at this point, what the fiscal authority is doing.
MNC stocks’ outperformer marker starts turning frail
MNCs are struggling with earnings slowdown in consumer-facing companies, rising D2C brands, and high FII exits, which have worsened the price decline, according to analysts.
Financial Services, IT and Consumer Goods stocks top FPI buy list
From January to October, overseas investors pulled ₹63,871 crore out of the shares in the sector out of which ₹32,231 crore was due to the consistent selling in October and the first-half of November.
Hopes of CRR cut keep D-Street momentum going
The NSE Nifty rose 240.95 points or 0.98% to close at 24,708.4. The BSE Sensex rose 809.53 points or 1% to end at 81,765.86. Both indices have moved up 3.3-3.4% in the past five trading days.
Divi’s Lab stock slips on US supply worries
“While the exact revenue from Entresto-related supplies is undisclosed, it contributes a meaningful share to the overall business. However, before the rejection by the US Appellate, the management of Divis had claimed that there won’t be any material impact of this news on the company,” T Manish, research analyst at Samco Securities.