Amid a rush of IPOs, here’s how to navigate the offers
November 21st, 2023 06:27
To apply for an IPO, you need to have a demat (dematerialised) account with a depository participant. A demat account to hold shares is paperless and can be opened online with a broker of your choice. Once this is done, there are two ways in which you can apply for an IPO.
Unity Bank to foray into credit card, personal loan biz
November 21st, 2023 06:27
Unity Small Finance Bank, owned by Centrum group, plans to diversify into retail lending by entering the credit card and personal loan space. The bank will adjust its retail plan according to new regulations, and will introduce its own products on the retail side. The bank will also introduce digital business loans from Rs 25000 to Rs 30 lakh.
Goldman Sachs sets Nifty 2024 target at 21,800
November 21st, 2023 06:27
"Returns are likely to be back loaded given the tough global backdrop and political uncertainty as the election approaches in 2Q24," said Goldman Sachs' analysts, including Sunil Koul, in the firm's 2024 equity outlook note.
Rupee ends at all-time low of 83.35 a dollar
November 21st, 2023 06:27
Risk aversion ahead of the minutes of the US Federal Reserve's latest meeting also sent investors to the safety of the greenback, with foreign funds pulling out of Indian assets.
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