At 7:06 AM, GIFT Nifty futures also indicated a weak start for the bourses, trading 66 points lower at 25,410 levels.

Stock Market, BSE, NSE, Nifty, Capital

Buy BANK NIFTY (09-October Expiry) 51,800 PUT at Rs 284 & simultaneously sell 51,300 PUT at Rs 160

share market

Stock Market Today: Morgan Stanley and Citigroup have acquired 43.75 lakh shares of HDFC Bank for over Rs 755 crore at an average price of Rs 1,726.20 each.

Stock Market, Market

Headed towards a record breaking year for IPOs, says Prime Database

Equity

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14, people familiar with the development said on Thursday.
This would be the largest initial public offering (IPO) in India after LIC's initial share sale of Rs 21,000 crore.
According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai Motor India's proposed IPO is entirely an Offer-for-Sale (OFS) of 142,194,700 equity shares by promoter Hyundai Motor Company, with no fresh issue component.
Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale.
This development marks a significant milestone for the Indian industry, as it is the first automaker's initial share sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003.
The South Korean parent is diluting s

According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai Motor India's proposed IPO is entirely an Offer-for-Sale (OFS) of 142,194,700 equity shares by promoter Hyundai Motor

Share Market LIVE Updates: GIFT Nifty futures, trading around 50 points lower, signalled a slower open for markets in India on Friday.

Stock Market, BSE, NSE, Nifty, Capital, Market

infotech

There are concerns that such escalation could prompt Iran to block the Strait of Hormuz or attack Saudi infrastructure, as it did in 2019

crude oil

At present, the prospects for oil are looking better for consumers like India despite the escalating hostilities

Oil price, oil, crude oil, oil container, oil export

The manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12 per cent

Rajiv Jain, GQG Partner

Apart from trading at a discount to their historic valuation, many companies are industry leaders with superior balance sheets and financial ratios

chart

The two-wheeler numbers will need to be monitored closely since low momentum would trigger downgrades for stocks that have moved up in anticipation of outperformance

two wheeler bikes auto sales

Swiggy's original IPO size eked out NTPC Green Energy's $1.2 billion public offering filing to be the largest in the country this year

swiggy, swiggy AI

Markets regulator Sebi has drastically reduced the trading lot size of privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh in a bid to boost investors' participation and increase liquidity of such investment vehicles.
The current trading lot for secondary market trading for privately placed InvITs is set at Rs 1 crore. Further, if the InvIT invests at least 80 per cent of its asset value in completed and revenue-generating assets, then the trading lot is Rs 2 crore.
"Trading lot for the purpose of trading of units on the designated stock exchange shall be Rs 25 lakh," Sebi said in its notification dated September 26. The move came into effect the same day.
The move will help increase the liquidity of privately placed InvIT units by permitting a broader base of investors to participate in the market and boost diversification of investment portfolios.
In separate notifications, Sebi has amended its rules on infrastructure investment trusts (InvITs) and real estat

SEBI

The current trading lot for secondary market trading for privately placed InvITs is set at Rs 1 crore

Share Market Today: Stay updated with the Latest Share Market News, Share Market Live Updates, Sensex Today, Nifty Live, IPO News, Mutual Funds, and Commodity Market insights on Business Standard.

Share Market Today | Latest Share Market News and Sensex Today Updates

Stay Updated with Latest Share Market News, Share Market Live Updates, Sensex Today, Nifty Live, IPO News, BSE/NSE News, Mutual Funds and Commodity Market News Updates on Business Standard.

Share Market Today

Market News

More on Markets