Indian government bond yields are expected to trend higher at the start of the fiscal second half as U.S. yields continue their upmove, with the 10-year yield rising to fresh 16-year highs, weighing on sentiment. The 10-year benchmark 7.18% 2033 bond yield is likely to be in the 7.20%-7.26% range on Tuesday, after ending at […]
Day: August 3, 2023
Ratnaveer Precision Engineering IPO Listing: Shares have positive debut on bourses, list at 31% premiumRatnaveer Precision Engineering IPO Listing: Shares have positive debut on bourses, list at 31% premium
Ratnaveer Precision Engineering IPO: Ratnaveer Precision Engineering shares listed at 30.6% premium over IPO price on NSE and BSE amid positive domestic market. The shares debuted at Rs 128 on the BSE, as compared to the issue price of Rs 98. The shares then touched an intraday high of Rs 138, around 40% higher from […]
Sebi’s centralised system will make life easier for nomineesSebi’s centralised system will make life easier for nominees
Thirty-seven-year-old Manish Sharma (name and professional details changed), an IT professional in Mumbai, lost his father nearly eight years ago due to a disease. When Sharma started going through his investments he realised that the process was not just tedious but there were hurdles galore. The added burden: His father had not named any nominee. […]