BofA Securities noted the possibility of multiple de-ratings of valuations, and they see a lower possibility of a lump sum payment or any special dividend in the near term.
On Friday, market tech analysts Mitessh Thakkar, Avani Bhatt and Soni Patnaik recommended these stocks for the short term.
Marketbuzz Podcast: Indian markets may see a positive start according to the GIFT Nifty. Watch out for stocks like Vodafone Idea, Suzlon, Reliance Infra.
CNBC-TV18 Morning Call: From Supreme Court rejecting AGR dues’ review plea to Reliance Infrastructure’s board approving an over Rs 6000 crore fund raise, here is all you need to know in the morning news wrap
Arkade Developers aimed to raise ₹410 crore through its IPO, which comprised a fresh issue of 3.2 crore shares.
Investors who participated in the Northern Arc Capital IPO can check the allotment status on the websites of BSE, NSE and the issue registrar, Kfin Technologies Limited.
The public offer was booked over 30.57 times with bids for more than 63.22 crore shares as against 2.08 crore shares on offer.
Layoffs that impacted 2% of its workforce and a $2 billion cost-cutting plan dented morale and left employees questioning if Donahoe was the right person to meet the moment.
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 25,415.80, while Sensex ended at 83,184.80.
Equities opened higher in Japan and Australia, while Hong Kong share futures also climbed. A gauge of global stocks set a fresh peak alongside US shares Thursday. The S&P 500 rose 1.7% and the Nasdaq 100 added 2.6%.