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...
Market Morning Notes For 16th December 2024
Market Commentary Global markets – US equity indexes end mixed on Friday largely due to participants waiting for most awaited Federal Reserve’s Monetary Policy decision due this week. Global Indices % Change Last Close1 dayYTDDow Jones43,828-0.216.3Nasdaq19,9260.132.7Hang Seng19,901-0.416.7Nikkei39,5330.218.1 Commodities – Gold trading higher as investors Federal...
Best Government Investment Schemes to Invest in 2025
Looking for a smart way to grow your hard-earned money while keeping it secure? Government-backed investment schemes in India might just be what you need. They offer the perfect mix of guaranteed returns, flexibility, and long-term security—making them ideal for all financial goals, whether saving for retirement, a child’s education, or just building wealth. What’s great about...
One MobiKwik Systems Ltd. (Subscribe)
Highlights Issue Size: 20,501,792 sharesIssue Open/Close: 11 Dec / 13 Dec, 2024Price Band (Rs.): 265 – 279Issue Size (Rs.): 5,270 mnFace Value (Rs): 2Lot Size (shares): 53 One MobiKwik Systems Limited (MobiKwik), incorporated on March 20, 2008, is a comprehensive financial services platform offering a two-sided payments network connecting consumers...
Sai Life Sciences Ltd. (Avoid)
Highlights Issue Size – 55,421,123 sharesIssue Open/Close – 11 Dec / 13 Dec, 2024Price Band (Rs.) 522 – 549Issue Size (Rs.) – 30,426 mnFace Value (Rs) 1Lot Size (shares) 27 Sai Life Sciences Limited (SLSL) incorporated in 1999, is an innovator-focused, contract research, development, and manufacturing organization (CRDMO). They provide end-to-end services across the drug...