Morning Market Pulse
Altius Investech
Pre IPO - Private Equity - Unlisted Shares www.altiusinvestech.com
Key Highlights:
Investors lost ?3 lakh crore as Sensex and Nifty sink
Main reasons
1. FIIs going to Chinese markets - Due to stimulus from Chinese government and their Central Bank, Hang Seng is up 14.3% in last 5 days. Shanghai is up 18% over same period and 6.82% just today.
2. Geopolitical stability - Tensions going on in Middle East
3. US Data and FED Meeting - This week we will see US payroll data coming, FED’s Powell speech today and there’s a 53% chance that FED will ease by 50 basis points?on?November?7.
Key Highlights from SEBI Board Meeting:
Unlisted Share News:
CRED's Revenue Surges to Rs 2,473 Cr in FY24 with 41% Reduction in Losses CRED reported a 66% revenue growth in FY24, reaching Rs 2,473 crore, while cutting its operating losses by 41% to Rs 609 crore. The fintech firm also saw a 55% rise in total payment value and a 34% increase in monthly transacting users.
InCred Capital Plans to Raise $50 Mn Amid Family Office Backing InCred Capital is gearing up to raise $50 million, supported by family offices. The new funding is expected to drive growth and bolster its strategic initiatives.
Swiggy, Hyundai India, Acme Solar, Vishal Mega Mart, Mamata Machinery IPOs get?SEBI?approval: The regulator issued observation letter to Swiggy, and Hyundai Motor India on September 24, and Vishal Mega Mart on September 25, while Acme Solar Holdings, and Mamata Machinery received the observation letter on?September?27.
Key Market Highlights:
Top Gainers:
Top Losers:
Sector Highlights:
August Eight Core Sector Data:
领英推荐
Economy Updates:
? US: Federal Reserve Chair Jerome Powell will speak at the National Association for Business Economics Annual Meeting, in Nashville
? US: Federal Reserve Governor Michelle Bowman will speak about the economic outlook and monetary policy at the Georgia Bankers Association
? Europe: ECB President Christine Lagarde will speak about monetary policy at the European Parliament, in Brussels
IPO Corner:
Vikram Solar Files DRHP With SEBI
Size of IPO
Fresh - 1500 Cr
OFS - 1,74,50,882 Shares
Retail?qouta:?35%
Mainboard IPO Updates
1.KNR Heat Exchanger Subscribed 213.41 times on Final Day; Allotment Expected by late today night (GMP 118%)
2. Diffusion Engineers subscribed 114.50 times on Final Day:
Issue date-26 to 30 Sep
Issue size - Rs. 158 crores
QIB-95.74x
NII-207.60x
Retail - 85.61x
Employee: 95.05x
Total-114.50x
FII DII Data:
basalam.com/mamadketab t.me/mamadketab
4 个月Unfortunately, at the behest of Trump and Biden and iranian globalists, my children and i became torture in iran for more than five years ,and i have lost my job since 2019, but i was just a simple employee. They ransacked all the property of my heritage in Eslam shahr and Robat karim, and they ransacked the bulk of my lands with fake documents. However, i hope, one day a generation of politicians in iran and the united states is looking at such shameless actions that have done with me and my children without justified reasons, not the sense of pride that they now have. I wish they stopped torturing my children and i soon, and I wish one day comes, when the future generations of the united states and iran, have apologized to me and my children for torturing during the Past five years - torture without having justified me and my children.