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 IPOs in the News

SRM Contractors IPO: GMP, subscription status to allotment date
SRM Contractors IPO: Subscription for the initial public offering (IPO) of SRM Contractors Limited ended on 28th March 2024. In three days of bidding from 26th to 28th March 2024, SRM Contractors IPO subscription status suggests that the public issue received a strong response from the primary market investors. After the end of bidding, investors are eagerly waiting for the SRM Contractors IPO.
29 Mar 2024 | 01:07 PM
SRM Contractors IPO gets subscribed 46 times on last day
SRM Contractors closed its subscription on March 28 and got biddings almost 46 times its offer. The company opened its bidding to retail investors on March 26 to raise Rs 130.20 crore from investors. It set the price band between Rs 200 and Rs 210 per equity share.  The construction company offered more than 6 million fresh shares at a face value of Rs 10 per share.
29 Mar 2024 | 10:28 AM
Stupendous FY24 drives market cap of 25 cos by Rs 1 lakh crore
A stellar run by domestic equities in FY24 saw the market capitalization of 25 companies rise by atleast Rs 1 lakh crore in a year. Of this, 17 of them are part of benchmark Nifty 50.The Nifty has gained nearly 29% in FY24 and it also tested a lifetime high after a muted show in FY23.Robust corporate earnings, high capital investments by the government, strong domestic economic growth.
29 Mar 2024 | 11:43 AM
Buy or sell: Rajesh Palviya of Axis Securities recommends to buy, hold?
Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, finished Thursday's session—the final trading day of the fiscal year 2024—with strong gains amidst favourable global cues. Nifty 50 zoomed around 30% in FY24, and Sensex surged about 28% in the same period. On Thursday, the 30-share BSE Sensex closed higher by 655.04 points or 0.90% at 73,651.35 level.
29 Mar 2024 | 11:02 AM
Short-term picks: Three stocks that may generate 17-25% returns
The Nifty 50 index has consistently displayed a bullish price structure, characterised by higher top, higher bottom formations, and is hovering near its all-time high levels on the monthly charts, indicating a strong positive sentiment for the long term. Recently, the index found significant support at the 13-week EMA (exponential moving average) and formed a notable Bullish Opening.
29 Mar 2024 | 10:01 AM

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