Investelite Research Investment Advisor a financial company in India provides the best stock and share market updates, tips and calls.
A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money. Top 8 Objectives of…
Continue ReadingKFin Technologies, the tech-driven financial services platform, is expected to be a victim of the market volatility as experts predict that the stock will debut on December 29 with marginal discount. Tepid response to initial public offerings, weak listings of the last few IPOs, and being a complete offer-for-sale issue are other key reasons that…
Continue ReadingIndia’s benchmark indices suffered their biggest monthly losses in December – worst since 1994 – battered by a host of global headwinds like a resurgent Covid crisis, fears of further tightening of rates by central banks around the world, and a looming recession. The Sensex and the Nifty lost around 2,760 points and 810 points,…
Continue ReadingShare market is full of speculation. The Securities and Exchange Board of India (SEBI) is the governing body that regulates the stock market. It looks after the interest of the traders and investors. It often happens that the traders and investors suffer a good amount of loss due to speculation activities in the stock market. In…
Continue ReadingReliance Jio’s arm, Reliance Projects and Property Management Services (RPPMSL), has completed 100 per cent stake acquisition in Reliance Infratel for about Rs 3,720 crore, Reliance Industries Limited said on December 22. The Mukesh Ambani-led telecom subsidiary had placed a bid of Rs 3,720 crore in November 2019 to acquire the tower and fibre assets…
Continue ReadingWith the global economy — already struggling with the war in Ukraine and stagflation risks — worried about the impact of another Covid-19 outbreak in China, India Inc is cautiously optimistic that the resilience of the Indian economy will help avoid any large-scale disruptions. Subhrakant Panda, the newly-appointed president of the industry association FICCI, said…
Continue ReadingLife Insurance Corporation of India has increased its shareholding in leading asset management company HDFC AMC by buying additional shares via open market transactions. Both the companies intimated to exchanges about the transactions via regulatory filings on December 15. LIC has bought an additional 43.27 lakh equity shares, or a 2.03 percent stake, in HDFC…
Continue ReadingWith 2023 in sight now, investors have started to focus on the upcoming Union budget for the next fiscal year. There has been much talk about macro headwinds of slowing growth in the US and a likely recession in the UK and Europe, leading to a belief that market participants will parse Finance Minister Nirmala…
Continue ReadingThe country’s largest wine producer Sula Vineyards is the first initial public offering getting launched in the month of December. Here are 10 key things to know before subscribing to the public offer of Sula Vineyards: 1) IPO Dates The public issue will open for subscription on December 12 and the closing date would be…
Continue ReadingPremium automotive retailer Landmark Cars is set to float its initial public offering (IPO) on December 13. The price band for the offer, which will close on December 15, is set at Rs 481-506 apiece. Investors can bid for a minimum of 29 shares and in multiples of 29 shares thereafter. The Rs 552-crore float…
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