T42
![At $4.2 billion, Q2 2024 IPO size records its highest growth in 2 years](https://img.etimg.com/thumb/msid-111530323,width-100,height-75,resizemode-4/markets/ipos/fpos/at-4-2-billion-q2-2024-ipo-size-records-its-highest-growth-in-2-years.jpg)
At $4.2 billion, Q2 2024 IPO size records its highest growth in 2 years
QIPs saw a rise in both value and volume compared to the previous quarter, with 20 issues raising $2.3 billion. This marks the second-highest volume since Q4 2017. The retail and consumer sector led deal activity, with an 18% increase in value over Q1 2024, despite a 7% decrease in volume.
![Man swindles Rs 10.6 crore from company account, spends on clearing his 42 loans, wedding, honeymoon](https://img.etimg.com/thumb/msid-111508959,width-100,height-75,resizemode-4/news/new-updates/man-swindles-rs-10-6-crore-spends-on-clearing-his-loans-and-lavish-wedding.jpg)
Man swindles Rs 10.6 crore from company account, spends on clearing his 42 loans, wedding, honeymoon
Raj Mukesh Ganatra allegedly embezzled Rs 10.6 crore from Trident Creation, inflating bills of 55 clients from 2014 to 2022 for personal expenses, including a lavish wedding and luxury items. Repaying 42 loans and cricket betting were also covered. The EOW chargesheet and company director Kajal Ajmera confirmed document forgery to misappropriate funds.
India’s share in the global market cap at 4.2%, continues to scale new highs: Motilal Oswal
As Sensex and Nifty scale to new highs, India’s contribution to the total market capitalization is also significantly increasing. Currently this share stands at 4.2%, according to a report by domestic brokerage firm Motilal Oswal. This is well above the 13 years’ average of 2.7%. The domestic brokerage is confident that given the growth scenario, it will continue to gain more share in the time to come. We have summarized this trend in charts from Motilal Oswal below:
![ICICI Lombard stock price down 1.42 per cent as Sensex climbs](https://img.etimg.com/thumb/msid-111481943,width-100,height-75,resizemode-4/markets/stocks/stock-watch/icici-lombard-stock-price-down-1-42-per-cent-as-sensex-climbs.jpg)
ICICI Lombard stock price down 1.42 per cent as Sensex climbs
As of 31-Mar-2024, promoters held 0.0 per cent stake in the company, while FIIs held 23.06 per cent and domestic institutional investors had 13.44 per cent.
![Share of Russian oil in imports up at 42% in June, Iraq supplies fall](https://img.etimg.com/thumb/msid-111440230,width-100,height-75,resizemode-4/news/economy/foreign-trade/share-of-russian-oil-in-imports-up-at-42-in-june-iraq-supplies-fall.jpg)
Share of Russian oil in imports up at 42% in June, Iraq supplies fall
Indian imports of Russian crude surged in June, outpacing other major suppliers. Refiners find the discounts on Urals grade appealing, with private sector involvement rising.
![Share price of Havells India jumps as Sensex gains 84.42 points](https://img.etimg.com/thumb/msid-111275225,width-100,height-75,resizemode-4/markets/stocks/stock-watch/share-price-of-havells-india-jumps-as-sensex-gains-84-42-points.jpg)
Share price of Havells India jumps as Sensex gains 84.42 points
Promoters held 59.43 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 24.83 per cent and 3.57 per cent, respectively.
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InterGlobe shares fall 1.42% as Nifty gains
The stock quoted a 52-week high price of Rs 4610.0 and a 52-week low of Rs 2334.95.
Israeli strikes kill at least 42 in Gaza, enclave's government media office says
42 people killed in Israeli attacks on Gaza City by Hamas. Strikes in Al-Shati and Al-Tuffah. IDF targets Hamas military infrastructure. Gaza left in ruins with over 37,400 casualties. Israeli forces focused on Rafah and Deir al-Balah. Tank shell hits displaced families' tent in Mawasi.
Increase minimum selling price of sugar to Rs 42/kg, says industry body NFCSF
The National Federation of Cooperative Sugar Factories (NFCSF), representing co-operative sugar mills in India, has requested the central government to increase the minimum selling price (MSP) of sugar by 35% to Rs 42/kg. The MSP was introduced in 2018 and last revised in February 2019. However, sugar prices have been consistently higher than the MSP, with ex-mill prices in Maharashtra being Rs 36/kg, and retail prices in the range of Rs 42-44/kg. The NFCSF has already submitted its proposal to the Union Government.
Varun Beverages shares rise 2.42 per cent in Friday's trading session
The Relative Strength Index of the stock stood at 69.48 on Friday.
Indian Hotels shares up 3.42% as Nifty gains
The stock quoted a 52-week high price of Rs 622.25 and low of Rs 371.45.
Experience of dealing with all conditions of economy: 5 midcap stocks with upside potential of upto 42%
With the elections behind them, bulls are back in the game with more confidence. If there is no big issue which comes from the global market, there is a high probability that we are going to see some upward movement in all segments of the market. Because it is mid-caps which attract more attention as the rally gets broad based, the chances of the accidents are also high in this space. Investing in mid-cap stocks requires a balanced approach. A balance of ability to take risk and combining it risk management and a long-term perspective. Also using non-financial parameters to manage risk, a management of an infrastructure company, which has seen it all, right from a phase where infrastructure was considered a buzz word to a phase where it was considered a bad word.
Share price of Lupin falls as Sensex gains 325.42 points
Promoters held 46.73 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 18.28 per cent and 16.82 per cent, respectively.
Tube Investments shares up 1.42% as Nifty gains
A total of 964 shares changed hands on the counter till 11:00AM (IST).
Ryan Seacrest's first 'Wheel of Fortune' episode: When will it air?
The exit of the legendary game show host Pat Sajak from Wheel of Fortune, spanning four decades, signals the end of an era and the dawn of a fresh chapter. Ryan Seacrest, celebrated for his tenure as the host of American Idol, is poised to take over Sajak's role as the new host.
‘Kerala Story’ actress Adah Sharma reveals she has endometriosis; 42 mn Indian women live with this painful condition
Actress Adah Sharma recently shared details about a challenging health diagnosis. The 'Kerala Story' star revealed she is suffering from endometriosis. In an interview with the Hindustan Times, she mentioned that fluctuating between being thin and plump for different roles might have contributed to her diagnosis.
Page Industries shares drop 1.42% as Sensex rises
A total of 268 shares changed hands on the counter till 01:38PM (IST)
Share price of Tata Elxsi jumps as Sensex gains 2362.42 points
Promoters held 43.92 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 14.56 per cent and 1.81 per cent, respectively.
Chola Inv Finance shares up 1.42% as Nifty gains
A total of 5,003 shares changed hands on the counter till 10:10AM (IST).
Assam flood situation grim, over 42,000 people affected
The flood situation in Assam's eight districts remained grim with the water level of major rivers rising and inundating vast tracts of land on Thursday, following incessant rainfall in the aftermath of Cyclone Remal, officials said. Over 42,000 people have been affected in Nagaon, Karimganj, Hailakandi, West Karbi Anglong, Cachar, Hojai, Golaghat and Karbi Anglong, they said.
Page Industries shares up 0.42% as Nifty drops
A total of 174 shares changed hands on the counter till 11:05AM (IST).
Jubilant Food shares rise 2.42% as Sensex slides
A total of 109,031 shares changed hands on the counter till 09:59AM (IST)
Zee Ent. shares drop 0.42% as Sensex rises
A total of 1,474,386 shares changed hands on the counter till 01:49PM (IST)
Microsoft's UAE deal could transfer key US chips and AI technology abroad
Microsoft President Brad Smith revealed details of a deal with UAE-backed AI firm G42, potentially transferring AI technology components like model weights, prompting national security concerns.
Stock market update: Nifty Bank index advances 0.42%
The Nifty Bank index closed 0.42 per cent up at 48971.65.
Court extends interim anticipatory bail granted to JD(S) MLA HD Revanna till May 20
A court extended the interim anticipatory bail for JD(S) MLA and former Karnataka Minister H D Revanna until May 20 in a sexual harassment case. The court reserved its decision on his anticipatory bail plea. Revanna and his son, MP Prajwal Revanna, are accused of sexually harassing a 47-year-old house help. Prajwal, who left for Germany on April 27, remains at large. The Special Investigation Team (SIT) investigating the case had sought Revanna's custody.
Voltas shares gain 0.42% as Sensex rises
The stock quoted a 52-week high of Rs 1500.0 and a 52-week low of Rs 745.0.
India needs Rs 4.2 lakh cr investment to connect 24 cr households with broadband by 2030
According to the break-up provided by Prashant Singhal, fibre deployment will need investments in the range of Rs 2.7-3 lakh crore, passive infrastructure Rs 90,000-96,000 crore, WiFi and in-building solutions Rs 6,600-Rs 9,000 crore, data centres Rs 9,700-Rs 14,100 crore and satellite broadband services Rs 26,000-29,000 crore.
Freshworks stock value drop not due to top deck rejig: Girish Mathrubootham
Freshworks' stock decline attributed to AI impact concerns. Mathrubootham plans to release AI adoption stats later. Woodside appointed new CEO, Device42 acquired. Clear path to billion-dollar revenue. Transition details and Silicon Valley experience emphasized.
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