News Overview

The Indian stock market saw a significant recovery on June 5th, 2024, after experiencing a steep decline the previous day.

There seems to be a logical reason for money to gravitate from large cap funds to equity weight index funds

The offer is split around 50% for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail buyers.

The FMCG index performed well on Tuesday and Wednesday, with HUL leading the way on both occasions.

Foreign institutional investors (FIIs) net sold equities worth ₹12,436.22 Crore on June 5, while domestic institutional investors net sold shares worth ₹3,318.98 Crore.

The stock fell about 17% on the day of the count in response to the election results.

The airline intends to "clean up its balance sheets" during the following two quarters, Ajay Singh continued.

The pilot plant is designed to produce 0.2 tonnes of biogas daily.

The IPO allocation breakdown reserves 15% of shares for non-institutional investors (NII), 35% for retail investors, and 50% for qualified institutional buyers (QIB).

This project covers a seven-kilometer stretch of the six-lane elevated Kona Expressway in West Bengal, using the EPC (engineering, procurement, and construction) model.