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NSE IPO set to create windfall for LIC, SBI, Radhakishan Damani, other key shareholders
NSE's IPO, filed on June 17, is set to unlock significant shareholder value with an estimated ₹30,000 crore offering. Major stakeholders include LIC and SBI. This historic Offering for Sale will not result in new shares or funds for the exchange.
Stock Market Crash News Live Updates: GIFT Nifty Point To Negative Open For Nifty, Sensex; Brent Crude Holds Below $80 A Barrel
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,016, compared to Thursday's index close of 24,168.
Listed NSE shareholders gain: LIC, NIACL, others rise after exchange files IPO DRHP - Moneycontrol.com
Listed NSE shareholders gain: LIC, NIACL, others rise after exchange files IPO DRHPMoneycontrol.com
A 70-year-old law and a 10% stake: What keeps LIC invested in NSE
NSE IPO: Maintaining a significant stake in the exchange works in LIC's favour, granting it the power to hold a director's seat on the company's board
LIC Surges 2.5% In A Falling Market Due To NSE IPO Connection — Details Inside
LIC's rally comes at a time when Nifty is trading 0.11% in the red, with major largecap peers also trading with cuts.
TCS Share Price Drops In Early Trade, Infosys Down 3% As Nifty IT Falls Most Among Sectoral Indices
Shares of India's largest IT services giant TC dropped 1.23%, while Infosys shares last traded 2.19% lower
Stock Market News Today Live Updates: GIFT Nifty Indicates Positive Open To Nifty, Sensex; Brent Crude Sinks Below $79 A Barrel
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,091.50, compared to Wednesday's index close of 24,085.70.
Nifty June futures trade at premium
Tata Motors PV, HDFC Bank and Infy were top traded contracts
NSE to file IPO by this week? IFCI shares rally 8% to record high; LIC, SBI, other stocks rise up to 2%
IFCI shares surged to a fresh 52-week high amid expectations that NSE could file its IPO papers this week. Investors cheered IFCI's indirect exposure to the exchange through Stock Holding Corporation, while optimism around NSE's potential listing boosted sentiment.
Stock Market News Today Live Updates: Nifty Opens Above 24,000, Sensex Gains 150 Points; ICICI Bank, Infosys Top Gainers
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,042.50, compared to Tuesday's index close of 23,989.15.
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, Nykaa
Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets.
Rupee appreciates for 3rd straight day on easing West Asia tensions
The rupee appreciated for the third straight session on Tuesday to close 5 paise higher at 94.53 (provisional) against the US dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the reported de-escalation of the US-Iran conflict and diplomatic agreements regarding the Strait of Hormuz, the immediate threat to global energy supplies has significantly reduced. Moreover, softening of the US dollar and a decline in US treasury yields also supported the USD/INR pair, they said. At the interbank foreign exchange, the rupee opened at 94.69 against the US dollar and traded in the range of 94.48-94.71. Eventually, it settled at 94.53 (provisional), up 5 paise from its previous close. "We expect the rupee to trade with a positive bias as global markets cheer the US-Iran deal, which has boosted global risk sentiments. Declining US dollar and falling crude oil prices may further support the rupee. "Easing inflation concerns and ..