Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the business and bigger, branded players dominating the market.
'Indians are great savers, but they are lousy investors.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing.
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The market recovery is fragile,' warns Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services.
The work may not have changed but the manner in which it will be done, surely has. And it requires you to build new ways of working and corresponding skills to adapt to it.
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
Analysts say investors should increase their exposure to gold up to 10% of their portfolio, depending on their comfort with a 2-year horizon. But avoid investing in physical gold or deposit schemes run by jewellers
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. These stocks account for 94 per cent of India's total market capitalisation.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
A Codicil is a document created by the testator to make changes to an existing will, points out Sarbajeet K Sen.
TCS created wealth worth Rs 3,458 billion for the period 2010-15.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
India VIX has been mirroring the CBOE Volatility Index.
Crude oil hit an all time high in rupee terms; Tuesday figures expected to be higher
Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland
Since you are betting only on a few stocks, the risks are high.
'The levy proposed to be charged on air tickets for regional connectivity fund would marginally increase cost.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
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