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Tag: investors

Rishabh Instruments IPO opens for subscription today: Pricing, listing date and other details
29Aug By adminNo Comments
Business

Rishabh Instruments IPO opens for subscription today: Pricing, listing date and other details

NEW DELHI: Rishabh Instruments Limited, a global energy efficiency solutions provider, is opening its initial public offering (IPO) for subscription for public on August 30. The IPO aims to raise Rs 490.78 crore by issuing a total of 11,128,858 equity shares.The price band for the IPO is Rs 418 to Rs 441 per equity share. Retail investors can bid for a minimum of 34 equity shares and a maximum of 14,400 equity shares. Qualified institutional buyers (QIBs) can bid for a minimum of 100 equity shares and a maximum of 1,50,000 equity shares. Non-institutional investors can bid for a minimum of 100 equity shares and a maximum of 1,44,000 equity shares.Listing dateThe IPO will be open for subscription till Friday, September 1. The shares will be listed on the Bombay Stock Exchange (BSE) and the...
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Gold Prices Rise as Weak US Economic Data Spurs Fed Rate-Hike Reassessment
4Jul By adminNo Comments
Business

Gold Prices Rise as Weak US Economic Data Spurs Fed Rate-Hike Reassessment

Last Updated: July 05, 2023, 02:13 ISTNew York, United States of America (USA) Previous flare-ups also benefited the U.S. dollar, reducing demand for gold. Spot gold rose 0.4% to $1,928.09 per ounce by 09:31 a.m. EDT (1331 GMT), with trading volumes likely thinned by a U.S. holidayGold prices edged higher on Tuesday as some traders bet that recent weak U.S. economic data may prompt the Federal Reserve to rethink its rate-hike trajectory, while also awaiting further cues from the minutes of the central bank’s last meeting.Spot gold rose 0.4% to $1,928.09 per ounce by 09:31 a.m. EDT (1331 GMT), with trading volumes likely thinned by a U.S. holiday.U.S. gold futures gained 0.3% to $1,935.90.“Weaker-than-expected U.S. economic data released on Monday, including PMIs, have supported gold. Mar...
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US Stocks Mixed as Investors Navigate Russian Turmoil and Fed Policy
26Jun By adminNo Comments
Business

US Stocks Mixed as Investors Navigate Russian Turmoil and Fed Policy

Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy.The S&P 500 was modestly lower, while megacap momentum stocks pulled the tech-heavy Nasdaq to a sharper decline.The blue-chip Dow was held aloft by consumer discretionary and industrials. Economically sensitive transports and smallcaps were outperforming.“We’re having a bit of a correction, with (Fed Chair Jerome) Powell still talking about keeping rates higher for longer," said Paul Nolte, senior wealth adviser and market strategist at Murphy & Silvest in Elmhurst, Illinois. “A lot of those big tech companies have had quite a run, so we’re seeing a rotation into smallcaps and v...
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