Market Morning Notes For 23rd December 2024
Market Commentary Global markets – US benchmark Indices recovered on Friday after falling sharply on Thursday, rally was led by cooler-than-expected inflation report. Dow closed higher by 1.2 pct, Nasdaq jumped 1.3 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,8401.213.7Nasdaq19,5721.330.4Hang Seng19,8170.516.2Nikkei39,0430.916.7 Commodities – Gold...
Carraro India Limited. (Neutral)
Highlights Issue Size –: 1,77,55,680 sharesIssue Open/Close – 20 Dec / 24 Dec, 2024Price Band (Rs.) 668 – 704Issue Size (Rs.) – 12,500 mnFace Value (Rs) 10Lot Size (shares) 21 Carraro India Limited (CIL) incorporated on 1997, is engage in the business of supplying and developing complex engineering products and solution for Original Equipment Manufacturer (OEM). They are...
Senores Pharmaceuticals Ltd. (Subscribe)
Highlights Issue Size –: 1,48,87,723 sharesIssue Open/Close – 20 Dec / 24 Dec, 2024Price Band (Rs.) 372 – 391Issue Size (Rs.) – 5,821 mnFace Value (Rs) 10Lot Size (shares) 38 Senores Pharmaceuticals Limited (SPL) incorporated on 2017, is global research driven pharmaceutical company engaged in developing and manufacturing a wide range of pharmaceutical products predominantly...
Ventive Hospitality Ltd. (Avoid)
Highlights Issue Size –: 2,48,83,358 sharesIssue Open/Close – 20 Dec / 24 Dec, 2024Price Band (Rs.) 610 – 643Issue Size (Rs.) – 16,000 mnFace Value (Rs) 1Lot Size (shares) 23 Ventive Hospitality Limited (VHL) incorporated on 2002, is a hospitality asset owner with a primary focus on luxury offerings across business and leisure segments. All of their hospitality assets are operated...
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...