Markets Insider News

Samhi Hotels, a branded hotel ownership and asset management company listed at ₹134.50 as compared to its IPO price of ₹126. The company’s shares have been listed at a premium of 6.75%. The grey market had expected a mere 1% listing gains from the company. The company’s shares have listed above the grey market’s expectations.

Zaggle Prepaid Ocean Services debuted on the bourses at a 2.9% premium on Friday. The stock listed at ₹168 as compared to its IPO price of ₹164. The grey market is expecting listing gains to the tune of 9%. The marketcap of the company is at ₹2,028 crore, according to Bombay Stock Exchange. The stock markets opened in the red today after crashing for the last two sessions. Sensex was down by 178 points and Nifty by 64 points as of 10:00 am.

Arm's IPO was the biggest stock market debut for almost two years, but the Ark CEO told CNBC that other companies had "much more exposure to AI."

Mumbai (Maharashtra) [India], Initial public offer (IPO) of Techknowgreen Solutions oversubscribed by 12.37 times, procuring Rs 206.88 crore against IPO size of Rs 16.72 crore.

Indian benchmark indices crashed on Wednesday with both Sensex and Nifty slipping by over 1.1% in trade right ahead of the US Fed meeting that will decide on the central bank’s decision on interest rates. The midcap stocks though, had an easier day with the Nifty Midcap closing only 0.2% in the red. Sensex fell by 796 points to 66,800, and Nifty slipped by 231 points to 19,901 on Wednesday. Nifty Bank continued to be under pressure and fell by 595 points.

A government shutdown could be imminent after the US House of Representatives went on recess without passing rules for a defense funding bill.

The front of the $10,000 bill features Salmon Chase, who was President Abraham Lincoln's Treasury secretary.

This recession indicator has successfully called the last eight recessions and it's wrong to assume this time is different, Campbell Harvey said.

"What those facts say to me is that we're not going to find hundreds of billions of dollars for Ukraine in our budgets."

Sales of existing homes fell to an annualized rate of 4.04 million last month, below the pandemic low of 4.09 million.

"It's the rocket ship-like trajectory of AI driven growth that will hit the shares of the tech industry over the next 12 to 18 months," Wedbush said.

Jobless claims fell to 201,000, the lowest reading since January and below economist estimates of 225,000, signaling a tight labor market.

Instacart shares eroded most of their first-day gains to close Wednesday just 10 cents above the $30 float price.

Just 52% of US firms are optimistic about the outlook for business in China, the American Chamber of Commerce in Shanghai survey found.

New Delhi, Integrated facilities management company Updater Services Ltd on Thursday said it has fixed a price band of Rs 280 to Rs 300 per share for...

Mumbai-based Zaggle Prepaid Ocean Services, a business spend management software and services provider, is expected to announce the allotment status of its initial public offering (IPO) on Thursday, September 21. The Zaggle IPO opened on September 14 and closed on September 18. The price band for the IPO was ₹156 to ₹164 per share.

The Federal Reserve kept interest rates steady on Wednesday's FOMC meeting, but signaled one more hike before the year ends.

Alrosa told customers that it will pause sales of rough diamonds in September and October, according to Bloomberg.

The software company debuted one day after Instacart and less than a week after Softbank-backed Arm began trading.

A de-dollarization collective is also unlikely as countries would risk losing access to the US security guarantee, Norrlöf said.

One use case of the planned stock trading feature included iPhone users being able to invest extra cash directly into Apple stock, CNBC reported.

US housing inventory plunged to a new all-time-low this summer, according to Redfin data.