Product Updates

The issue received bids for 21.49 crore shares against the issue size of 2.52 crore shares, as of 2:00 PM on June 22, 2018. from Moneycontrol IPO News https://ift.tt/2tuqzSL

Tata Mutual Fund has launched a closed-ended equity fund, Tata Value Fund Series-1. from MF-The Economic Times https://ift.tt/2tusJll

Amid reports of government considering a stake sale in IDBI Bank to LIC in order to raise nearly Rs 10,000-11,000 crore, shares of the public lender soared 5.9 percent to Rs 61.15 on NSE today. from The Financial ExpressMarket – The Financial Express https://ift.tt/2IiJqpq v

The issue received bids for 68.52 lakh shares against the issue size of 53.65 lakh crore shares, as of 1:15 PM on June 22, 2018. The total issue was subscribed 1.28 times. from Moneycontrol IPO News https://ift.tt/2MPa2l9

Posted by Equitymaster          After opening the day flat share markets in India are trading on a dull note and are presently trading marginally above the dotted line. Sectoral indices are trading on a mixed note, with stocks in the FMCG sector and stocks in the pharma sector witnessing maximum buying interest. The BSE Sensex is trading up by 40 points (up 0.1%) and the NSE Nifty is trading up by 12 points (down 0.1%). Meanwhile, the BSE Mid Cap index is trading up by 0.3%, while the BSE Small Cap index is trading down by 0.2%. The rupee is trading at 67.73 to the US$. In news from stocks in the pharma sector. Glenmark Pharma share price is in focus after the US Food and Drug Administration (USFDA) approved the first product from its North Carolina, US based manufacturing facility. The approval covers Atovaquone and Proguanil Hydrochloride tablets, a generic version of GlaxoSmithKline's Malarone tablets. The North Carolina facility is Gl...

Despite budding signs of economic damage, trade frictions have shown no sign of abating. from The Hindu - Markets https://ift.tt/2tu7dwT

Companies also get more time to raise an open offer’s price from The Hindu - Markets https://ift.tt/2IeTTCg

The government's response to the issue of bad loans has been to bail out the errant banks with taxpayer's money from Finance https://ift.tt/2MMea5C v

The surge in expenditure is pushing core inflation higher and could keep overall consumer price inflation well above the Reserve Bank of India's (RBI's) 4.7 per cent target by March 2019 from Finance https://ift.tt/2tsXdUG v

The IPO, to raise little over Rs 600 crore, received bids for 21,10,691 shares as against the total issue size of 53,65,497 shares, data available with the NSE showed. from Moneycontrol IPO News https://ift.tt/2yxX1t6