WTI CABS IPO DATES
Q1 results, FII action among 10 factors to impact D-Street mood this week
Nifty gained 1.2%, driven by IT, energy, and pharma stocks. U.S. labor data, TCS earnings, Rupee vs. Dollar, Bank Nifty, oil prices, FIIs, IPO action, and dividends will influence markets next week. Bulls maintain strength with positive sentiment and broader market participation, expecting some consolidation.
FII action, GST Council outcome among 10 factors to weigh on D-Street this week
Nifty ended with 0.4% gains in a week-long holiday shortened by Bakri Eid. When markets resume trading on Monday, a host of important domestic and global events lined up during the holiday-truncated week are likely to impact them.
Ola Electric secures Sebi approval for Rs 5,500 crore IPO
Ola Electric's IPO would be the first by an EV startup in the country and amongst the biggest new-age IPOs this year. The Bengaluru-based company had filed its DRHP with Sebi on December 22, proposing to raise up to Rs 5,500 crore through a fresh issue, apart from an OFS component of 95.2 million shares.
FOMC, FII action among 10 factors to dictate D-Street mood this week
The Nifty index closed the week with a 3.6% increase amidst two significant occurrences: the highly anticipated election results and the monetary policy decision by the Reserve Bank of India (RBI). As trading resumes on Monday, a range of significant domestic and international events scheduled throughout the holiday-shortened week are expected to influence market movements.
FII action, rupee movement among 11 factors to set D-Street mood this week
Nifty closed the week with a 2.2% increase despite notable ups and downs, as seen in the India VIX reaching a 52-week peak with almost a 10% rise over four sessions. As trading resumes next Monday, numerous significant local and international events scheduled throughout the week are anticipated to influence market dynamics.
Visa fee hike hits IT cos; Airport cab fares set to rise
Happy Friday! The hike in H-1B visa fee will hurt IT service companies severely, experts have warned. This and more in today’s ETtech Morning Dispatch.
- Go To Page 1
US Fed FOMC, Q4 earnings, FII action among 10 factors to set D-Street mood this week
Nifty gained 2% weekly but declined Friday due to US inflation concerns, geopolitics, FIIs selling. Markets closed May 1 for Maharashtra Day. Key factors to watch include US Fed FOMC, Q4FY2024 earnings, and technical factors. "Going ahead, FII activity remains a key factor to watch especially considering their already low holdings in the Indian market."
Ola Cabs plans $500 million IPO, to appoint banks soon: Report
SoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months, said the sources, who declined to be named as the matter is confidential.
RBI policy, FII flows among 10 factors that will steer D-Street this week
The Reserve Bank of India's rate-setting committee will be meeting this week to announce policy rates and also give its commentary on the economy and inflation. D-Street is expected to track this bimonthly event.
FOMC, FII action among 10 factors to impact D-Street movement this week
Nifty down 2.1% due to selling in various stocks. IT stocks gained. Market to resume with focus on Fed's monetary policy, US Fed's interest rate decision, and other global events impacting trading. Arvinder Singh Nanda says "the broader index to likely face hurdle at 22,250-22,350 in the coming sessions, with support at 21900-21800."
Bond yields, FII action among 9 factors to impact D-Street movement this week
Nifty ended with weekly gains of 0.75% with leadership taken by banks, auto and metals. When markets resume trading on Monday, a host of important domestic and global events lined up during the holiday-shortened week are likely to impact them.
With 92 IPOs in Q4CY2023, Indian stock exchanges trump global markets in 2023
Of the 92 IPOs, 31 were main-board while the remaining 61 were from the small and medium enterprises (SMEs), according to a report published by EY India on Q4CY23’s top IPO trends.
WTI Cabs list at 32% premium at Rs 195 on NSE SME
Those who invested in the IPO gained nearly 39% on their investments. The SME issue of WTI Cabs was booked 160 times, driven by strong interest from non-institutional investors. The NII category was subscribed 375 times, followed by retail investors at 108 times.
FII flows, IPO action among 9 factors that will steer D-Street this week
"The market closed near its peak, with the Bank Nifty index emerging as a standout performer. Despite a rocky start, the PSU index demonstrated resilience, bouncing back from early declines. With few definitive signals this week, the market focus remains on the trajectory of the dollar index and US bond yields," Santosh Meena, Head of Research, Swastika Investmart, said.
WTI Cabs IPO allotment: Check status, GMP, listing date and other details
WTI Cabs is finalizing its share allotment process for the IPO. Investors can check the allotment status on Beetal Financial and Computer Services website. The company's shares are trading at a premium in the unlisted market and are expected to list at a 52% premium. The IPO was highly subscribed with strong interest from non-institutional investors.
WTI Cabs IPO: Check issue size, price band and other details
Rental car operator Wise Travel India's (WTI Cabs) IPO will open for subscription and will close on February 14. The company aims to raise Rs 95 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
Last leg of Q3 earnings among 5 factors to dictate Nifty mood this week
Led by the downside in private bank stocks, Nifty slipped 0.33% lower and broadly consolidated in the 21,600–22,000 range during the week. PSU banks outshined with SBI leading with a 12% upside in just five days.
IPO Calendar: Primary market to breathe easy with only 2 IPOs scheduled next week
The Street will see a flurry of listings, four of them in the mainboard segment. Three IPOs of Rashi Peripherals, Jana SFB and Capital SFB opened last week and closed for subscription. The listings of these three public offers are scheduled for next week.
RBI MPC, Q3 earnings, FII action among 10 factors to drive D-Street action this week
Nifty ended with weekly gains of 2.3% led by IT stocks. PSU Banks outperformed other sectors. Markets will reopen after a holiday week and react to major domestic and global events. RBI will announce monetary policy decisions. US markets closed with strong gains, influencing Indian markets. Several companies will announce Q3FY2024 earnings. Rupee remained flat against the dollar. Corporate actions include ex-dates and record dates for interim dividends. Technical factors and FII/DII action will also impact the market.
Ola expands electric bike taxi service to Delhi, Hyderabad; plans India-wide scale-up
With the deployment of these vehicles, Ola claims to have the largest EV 2W fleet in the country. The company will scale up the e-Bike services throughout India by the end of this year, the statement added.
Axis Bank, Bajaj Auto Q3 earnings among 10 factors to drive D-Street in holiday-shortened week
"Nifty concluded the week at 21,571.80, marking a decline of 323 points from 21,894 levels, on a weekly basis. Pharma, realty, and metal sectors faced selling pressure. Despite persstent attempts to breach crucial resistance, each of them resulted in a sell-off,” Om Mehra, Technical Analyst, at SAMCO Securities said.
FII action, IPO listings among 10 factors to drive D-Street action this week
When stock markets resume trading on Tuesday in the holiday shortened week, a host of important domestic and global events lined-up during this week are likely to impact them. The underlying tone of the market remains positive. Major global markets will remain shut for trading on December 25, Monday on account of Christmas holiday.
Tata Tech IPO, FII flows among 7 factors that will steer D-Street this week
Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark. On Friday, the index ended 0.2% down at 19,731.80 points.
Q2 earnings, FII action among 10 factors that will steer D-Street this week
On this week's strategy, Rupak De, Senior Technical analyst at LKP Securities, said that the strength may continue as long as the Nifty index remains above 19,600. "The bulls were able to protect the level of 19,600 during the Friday session, thanks to the strong open interest (OI) build-up at the 19,600 strike price by put writers. Only a decisive fall below 19,600 might trigger serious long unwinding in the market, till then a buy on dips strategy to favour the market," De said.
Ola advances plan for IPO as electric scooters take off in India
Ola Electric Mobility Pvt. is considering an IPO sooner than anticipated, as shares of the Indian startup have skyrocketed since launching electric scooters in December. Founder Bhavish Aggarwal had planned to wait four to six years before taking the company public, but the response to its electric scooters, which now claim an impressive 38% market share in India, has been overwhelming.
Tailwinds are back? 5 stocks from auto ancillary space with an upside potential of up to 34%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. While it might surprise many, the fact is that the majority of sales in the auto industry are financed through an auto loan. That is the reason why in the second half of 2018 when the NBFC crisis happened, one of the biggest hits was taken by the auto industry and hence auto ancillary. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Exclusive: OpenAI’s Sam Altman talks to ET; Paymate to refile IPO papers
Large companies operating in the artificial intelligence (AI) space should be regulated but this should not affect startups, Sam Altman, founder and CEO of OpenAI that developed ChatGPT, said in a conversation with ET.
Nykaa and Oyo: a tale of two IPOs
On Thursday, Nykaa will become the second Indian tech startup to launch an IPO, after Zomato. The company has seen its business recover gradually since last April and is planning an international push, its founder said earlier today.
Matrix puts IPO on hold
Besides, there is a general lack of awareness regarding VAT refunds among business travellers going abroad.
Load More
