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April 9, 2021
Macrotech Developers IPO: The IPO was subscribed 1.36 times on final day of issue Macrotech Developers share sale via initial public offering (IPO) was subscribed 1.36 times on the third and final day of the issue, according to subscription data on the exchanges. Formerly known as Lodha Developers, the companys IPO was subscribed 0.35 times on the second day of the issue yesterday - April 8. The portion reserved for retail investors (RII) in the IPO was subscribed 0.40 times on April 9 by 5:...
April 8, 2021
Morning News Call - India, April 8 Reuters 1 hr ago To access a PDF version of this newsletter, please click here https://share.refinitiv.com/assets/newsletters/Indiamorning/MNC_IN_04082021.pdf If you would like to receive this newsletter via email, please register at: https://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH • 9:00 am: Federation of Automobile Dealers Associations to announce March auto registrations data. • 10:00 am: Macrotech Developers...
April 8, 2021
India: Macrotech Developers IPO subscribed 26% on first day of issue April 8, 2021 The ₹2500 crore initial public offer of Macrotech Developers was subscribed 26% on the first day of the issue. Macrotech Developers received 9.59 million bids for 36.42 million shares on offer. Qualified institutional buyers portion was subscribed 58% and non-institutional investors portion was subscribed 11%. Retail investors and employees portion was subscribed 15% and 1% respectively. On Tuesday, Macrotec...
April 8, 2021
Markets may open positive on RBI liquidity programme × Stocks which are likely witness action today: Hindustan Copper, Muthoot Finance, Aimco Pesticides, Rajesh Exports, Wipro, AGC Networks and Tanla Platforms. Thanks to RBI injected confidence, Indian stock markets are likely to open bullish on Thursday, even as global cues are slightly negative. The SGX Nifty at 14,916.80 indicates a 30-point gap-up opening as Nifty futures on Wednesday closed at 14,888. Overnight, the US stocks Dow Jones ...
April 8, 2021
The benchmark indices were trading near the days high in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, soared 365.86 points or 0.74% at 50,027.62. The Nifty 50 index rallied 146.25 points or 0.99% at 14,965.30. Larsen & Toubro (up 1.96%) , HDFC (up 1.42%), TCS (up 1.41%) and Reliance Industries (up 0.62%) boosted the indices. The broader market rallied. The S&P BSE Mid-Cap index rose 1.11%. The S&P BSE Small-Cap index added 1.17%. Buyers outnumbered sellers. On the BS...
April 8, 2021
Domestic stocks may kick off Thursdays session on a positive note, tracking overnight Fed minutes that suggested the US economy was recovering and that the central bank would take some time before rolling back the loose money policy. Mixed cues from other Asian markets, however, may keep the upside capped. Heres breaking down the pre-market actions. STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 56.50 points, or 0.38 per cent, higher at 14,920 in signs that Dalal Street wa...
April 8, 2021
A sudden bout of last-hour sell-off in the banking and financial stocks trimmed gains on the benchmark indices on Thursday. After surpassing the psychological levels of 50,000 and 14,900 on the Sensex and the Nifty, rising 0.5 per cent in the early morning deals, the indices ended around 0.2 per cent higher today. The Nifty PSU Bank and Bank indices declined 0.8 per cent and 0.6 per cent, respectively today while the Nifty Private Bank and Financial Services indices slipped 0.6 per cent and 0...
April 8, 2021
Market Watch (ETMarkets.com) 05:28 Min | April 08, 2021, 7:33 PM IST Tune in as we discuss if Q4 earnings can lead Sensex to new highs, which sectors may show good Q4 numbers, and more! Tags Transcript Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Sabari Saran. and here are the top headlines at this hour. Equity mutual funds see first inflow in 9 months in march ShareChat valuation jumps to $2.1 billion Macrotech Developers IPO subscribed 30% on D...
April 8, 2021
Macrotech Developers Limited subscribed 35% on Day 2 Posted On: 2021-04-08 08:15:41 (Time Zone: Arizona, USA) Affordable and Mid Income Housing focused Macrotech Developers Limited also known as Lodha Developers; received bids of 1,26,56,070 shares against the offered 36,193,415 equity shares, as per the 5:00 pm data available on the bourses. The portion reserved for retail investors was subscribed 0.25 times. While the Qualified Institutional Buyer category was subscribed 0.66 times, the ...
April 8, 2021
The domestic equity benchmarks ended with minor gains after a volatile day on Thursday. Metal stocks surged while banks and financials corrected. The Nifty closed below the 14,900 mark. As per provisional closing data, the barometer index, the S&P BSE Sensex, gained 84.45 points or 0.17% to 49,746.21. The Nifty 50 index rallied 56.70 points or 0.38% to 14,875.75. The broader market rallied. The S&P BSE Mid-Cap index rose 0.60%. The S&P BSE Small-Cap index added 0.73%. Buyers outnumbered seller...