Hyundai IPO, India’s biggest initial offering, succeeds as QIBs come to rescue
The success of Hyundai Motor India Limited’s India’s largest-ever initial public offering was due to…
Hyundai IPO, India’s biggest initial offering, succeeds as QIBs come to rescue
The success of Hyundai Motor India Limited’s India’s largest-ever initial public offering was due to a key factor: strong response from qualified institutional buyers (QIBs). But this year, the portion set aside for retail investors who drove demand in the primary market was also not fully subscribed. As per the last subscription data on NSE,…
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Almost half of Nifty Smallcap stocks are trading 20-42% below their 52-week highs. What should investors do?
Investor interest in small-cap stocks is gradually waning on Dalal Street, as many of them are now trading well below their recent highs. This decline in enthusiasm comes after a period when small-cap stocks had attracted enough attention, pushing their valuations to higher levels. In recent years, small-cap stocks have benefited from strong investor sentiment,…
Nifty 50, Sensex today: What to expect from the Indian stock market in October 17 trading?
Indian stock market benchmark indices, Sensex and Nifty 50 are likely to open on a subdued note on Thursday amid mixed global market cues. GIFT Nifty trends also indicate a slow start for the Indian benchmark indices. GIFT Nifty was trading around 25,025 levels, about 10 points lower than the previous close of Nifty futures….
A slowdown in China’s luxury spending led LVHM to fall 7.5%, its worst decline since COVID-19, with the stock down 21% YTD.
(Bloomberg) — LVMH shares fell after fashion and leather goods sales fell for the first time since the pandemic, revealing the scale of the decline in demand from once insatiable Chinese consumers. Organic revenue at the core unit whose brands include Louis Vuitton and Christian dior There was a 5% decline in the third…
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