News Overview

CME FedWatch indicates that traders now expect a roughly 87% chance of a 25-basis-point rate cut in November.

The NSE updates the F&O ban list daily, reflecting changes in stocks that exceed the MWPL threshold.

This IPO is solely an offer-for-sale of 14.2 crore equity shares by the promoter, Hyundai Motor Company, with no new issue component.

Here are some of the stocks that may see significant price movement today.

On October 8, foreign institutional investors sold equities worth ₹5,729 crore, while domestic institutional investors purchased equities totaling ₹7,008 crore.

All sectoral indices, except metals, saw positive movement, with auto, banking, healthcare, realty, capital goods, power, telecom, and media sectors gaining 1-2%.

The agreement is designed to streamline processes and enhance service delivery, strengthening the relationship between both organizations.

As of 15:58 pm, The retail section was subscribed 3.20 times while NII portion 0.96 times. The QIB portion was subscribed 2%.

The sale price is set at ₹9.60 per share, and the transaction will be conducted entirely in cash.

SEBI issued the observation letter on September 30, enabling the company to proceed with the IPO.