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IndiaTV Business: Google News Feed: Digest for December 22, 2023

IndiaTV Business: Google News Feed

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Table of Contents

The IPO market is buzzing. Around 12 IPOs from both mainboard and SME are currently open on Dalal Street. Sameera Agro And Infra IPO is all set to float its IPO. The real estate and agro-industry player will launch its IPO on December 21. The IPO comprises a fixed price issue with a price band set at Rs 180 per share.
Information technology was marked by several disruptive trends due to weakness in the West. However, the Fed's hint at cutting interest rates which would reduce borrowing costs across, has shifted the focus back towards the IT companies. The equities of IT shares have been gaining for the past few sessions, delivering handsome gains to investors. Dev Information Technologies which offers end-to-end technology solutions has approved the acquisition of Dhyey Consulting Services as a part of expansion.
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 
Information technology was marked by several disruptive trends due to weakness in the West. However, the Fed's hint at cutting interest rates which would reduce borrowing costs across, has shifted the focus back towards the IT companies. The equities of IT shares have been gaining for the past few sessions, delivering handsome gains to investors. Dev Information Technologies which offers end-to-end technology solutions has approved the acquisition of Dhyey Consulting Services as a part of expansion.
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Information technology was marked by several disruptive trends due to weakness in the West. However, the Fed's hint at cutting interest rates which would reduce borrowing costs across, has shifted the focus back towards the IT companies. The equities of IT shares have been gaining for the past few sessions, delivering handsome gains to investors. Dev Information Technologies which offers end-to-end technology solutions has approved the acquisition of Dhyey Consulting Services as a part of expansion.
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
In early Tuesday trade, the Sensex surged by 254.11 points, reaching 71,569.20, while the Nifty marked a rise of 61.35 points, reaching 21,480. This positive momentum follows a decline in benchmark equity indices Sensex and Nifty on Monday, attributed to profit-taking by investors following a record-breaking rally in the previous week and a generally weak trend in Asian markets.
Stock markets update: Equity benchmark indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday. The new high came before ending with gains on the back of buying in index major Reliance Industries and positive global cues.
The demand for PVC in India has witnessed an impressive CAGR. The boom in the real estate, agriculture, and allies sectors has given further push to the demand for PVC products, thus driving manufacturing activities. In the coming years, the Indian PVC market is anticipated to witness healthy growth after the government scheme of self-reliant India, emphasising the domestic production and consumption of products.

Sensex, Nifty hit record highs amid global optimism, IT stock surge

Wednesday 20 December 2023 05:35 AM UTC+00
Sensex and Nifty achieved new all-time high levels in early trade on Wednesday, buoyed by a positive global market trend and increased buying in IT stocks and Reliance Industries. The 30-share BSE Sensex surged 475.88 points, reaching an unprecedented peak of 71,913.07, while the Nifty rose 138.8 points, hitting a record high of 21,591.90.
Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. 
Stock markets update: After reaching new all-time highs on Wednesday, the equity benchmark indices Sensex and Nifty fell sharply, dropping more than 1 per cent of their value as investors profited from the previous surge.
The initial public offering (IPO) of Sameera Agro and Infra will begin today, December 21 and end on December 27. Its equity shares will be listed on Emerge, the SME exchange platform of the National Stock Exchange (NSE). According to the draft paper filed with SEBI, its total order book currently stands at Rs 100 crore. The IPO price has been set at Rs 180 apiece, having a face value of Rs 10 each.
Achieving financial freedom is a dream for many. It is all about taking control of finances, ending debt, and becoming financially secure. The very first step towards achieving financial freedom is to manage your finances effectively and understand what financial freedom means. 

Sensex drops 585 points, Nifty declines 173 points

Thursday 21 December 2023 04:16 AM UTC+00
In the early hours of trading, the stock market witnessed a downturn as the Sensex plummeted by 585.92 points, reaching 69,920.39. Simultaneously, the Nifty experienced a decline of 173.35 points, settling at 20,976.80. The dip in both benchmark indices reflects the prevailing market dynamics, influenced by factors such as global economic trends, geopolitical events, and domestic economic indicators. Investors are closely monitoring the situation as market movements continue to unfold throughout the trading session.
Stock markets update: Equity benchmark indices Sensex and Nifty recovered by more than half a cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. 
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