Lakshmi Dental’s IPO subscribed 31.77 times so far: Highest subscribed 75.08 times in NII category, today is the last day of bidding

Lakshmi Dental’s IPO subscribed 31.77 times so far: Highest subscribed 75.08 times in NII category, today is the last day of bidding

28 minutes ago copy link Today is the last day to bid for the Initial Public Offer i.e. IPO of Lakshmi Dental Limited. Till 12 noon today, this IPO was subscribed a total of 31.77 times. This issue was subscribed 46.97 times in the retail category. Along with this, the Qualified Institutional Buyers (QIB) category…

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Sensex, Nifty Tumble Nearly 1% On Unabated Foreign Fund Outflows; TCS Earnings In Focus

Sensex, Nifty Tumble Nearly 1% On Unabated Foreign Fund Outflows; TCS Earnings In Focus

Mumbai: Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Thursday due to heavy selling in market heavyweights HDFC Bank, TCS and Reliance as investors turned nervous over earnings growth concerns amid unabated foreign capital outflows. Besides, abysmally low Chinese inflation data, an indication of poor demand, and a sell-off in US…

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Markets Settle Marginally Lower On Muted GDP Growth Projection; HDFC, ICICI Bank Major Drag

Markets Settle Marginally Lower On Muted GDP Growth Projection; HDFC, ICICI Bank Major Drag

Mumbai: Equity benchmark indices Sensex and Nifty ended marginally lower in a volatile session on Wednesday, as investors stayed on the sidelines ahead of the earnings season amid lower economic growth projections. Unabated foreign fund outflows and mixed global market cues also dented sentiments. However, buying in bellwether stocks TCS and Reliance Industries managed to…

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Jefferies Cuts Zomato Stock To Hold As Quick Commerce Competition Heats Up

Jefferies Cuts Zomato Stock To Hold As Quick Commerce Competition Heats Up

New Delhi: Global brokerage firm Jefferies has downgraded Zomato’s shares to ‘hold’ as it revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability. Although valuations appear reasonable considering Zomato’s strong execution and growth opportunities, Jefferies is “worried on the rise in quick commerce competition.” Jefferies has set a…

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