Market Morning Notes For 20th December 2024
Market Commentary Global markets – US benchmark Indices ended mixed as investors evaluated latest economic data and corporate earnings. Dow closed 0.4 pct up, Nasdaq fell 0.3 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,3420.012.3Nasdaq19,327-0.328.8Hang Seng19,8600.516.5Nikkei38,8890.216.2 Commodities – Gold traded flat, heading for a weekly...
Concord Enviro Systems Ltd. (May Apply)
Highlights Issue Size –: 71,37,321 sharesIssue Open/Close – 19 Dec / 23 Dec, 2024Price Band (Rs.) 665 – 701Issue Size (Rs.) – 5,003 mnFace Value (Rs) 5Lot Size (shares) 21 Concord Enviro Systems Limited (CESL) incorporated on 1999, is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology. They have in-house...
Transrail Lighting Ltd. (Subscribe)
Highlights Issue Size –: 1,94,19,259 sharesIssue Open/Close – 19 Dec / 23 Dec, 2024Price Band (Rs.) 410 – 432Issue Size (Rs.) – 8,389 mnFace Value (Rs) 2Lot Size (shares) 34 Transrail Lighting Limited (TLL) incorporated on 2008, it is an Indian engineering, procurement and construction (EPC) company which primarily focuses on power transmission and distribution business and...
DAM Capital Advisors Ltd. (May Apply)
Highlights Issue Size –: 2,96,90,900 sharesIssue Open/Close – 19 Dec / 23 Dec, 2024Price Band (Rs.) 269 – 283Issue Size (Rs.) – 8,402 mnFace Value (Rs) 2Lot Size (shares) 53 DAM Capital Advisors Limited (DCAL) incorporated on 1993, provide a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets (ECM), mergers and acquisitions...
Market Morning Notes For 19th December 2024
Market Commentary Global markets – US benchmark Indices tumbled after Federal Reserve decided to cut interest rates by 25 bps and cited slower pace of cuts next year and revised their outlook from 4 rate cuts to 2 rate cuts in 2025. Global Indices % Change Last Close1 dayYTDDow Jones42,326-2.612.3Nasdaq19,392-3.629.2Hang Seng19,676-0.915.4Nikkei38,708-1.015.4...
Sanathan Textiles Ltd. (Avoid)
Highlights Issue Size –: 1,71,33,958 sharesIssue Open/Close – 19 Dec / 23 Dec, 2024Price Band (Rs.) 305 – 321Issue Size (Rs.) – 5,500 mnFace Value (Rs) 10Lot Size (shares) 46 Sanathan Textiles Limited (STL) incorporated on 2005, is one of the few companies in India with presence across the polyester, cotton and technical textile (which find application in multiple end-use segments...
Market Morning Notes For 18th December 2024
Market Commentary Global markets – Dow Jones slipped for 9th straight days ahead of Federal Reserve’s Monetary Policy decision and latest economic data. Global Indices % Change Last Close1 dayYTDDow Jones43,449-0.615.3Nasdaq20,109-0.334.0Hang Seng19,8810.916.6Nikkei39,281-0.217.4 Commodities – Gold trading in a tight range as investors Federal Reserve meeting today....
Market Morning Notes For 17th December 2024
Market Commentary Global markets – Nasdaq ended at all time high while Dow Jones slipped mixed on Monday amid Federal Reserve’s Monetary Policy decision and corporate earnings due later this week. Global Indices % Change Last Close1 dayYTDDow Jones43,717-0.316.0Nasdaq20,1731.234.4Hang Seng19,690-0.528.7Nikkei39,5200.218.1 Commodities – Gold trading steady as...
International Gemological Institute (India) Ltd (May Apply)
Highlights Issue Size: 18,795,510 sharesIssue Open/Close: 13 Dec / 17 Dec, 2024Price Band (Rs.): 397 – 417Issue Size (Rs.): 42,250 mnFace Value (Rs): 2Lot Size (shares): 35 International Gemological Institute (India) Limited (IGIIL) incorporated on 1999, and their primary business is the provision of services related to the certification and...