NSE IPO Update: CEO Ashish Chauhan Discloses Key Information Regarding Timeline
In today's market roundup, we bring you the latest updates on companies, IPOs, and the stock market.
The National Stock Exchange (NSE) Initial Public Offering (IPO) is still under consideration, awaiting approval from the Securities and Exchange Board of India (SEBI). The success of the NSE IPO will be crucial, as it will allow the public to invest in the exchange. The timeline for the IPO is subject to SEBI's approval, and the exact date has not been announced yet.
Meanwhile, MobiKwik has taken a significant step by freezing 2000 merchant accounts due to heavy losses. This move comes as the company continues to navigate through challenging times.
In other news, the NSE IPO is expected to generate significant interest from investors. The NSE, which is not yet publicly traded, will offer a unique opportunity for investors to invest in the exchange itself. The record date for NSDL dividend 2025 is today, and the credit date will be announced after Diwali. A total of 123 stocks have a potential Bonanza of Rs 367.2 due to dividends, splits & rights issues.
TCS and Vodafone Idea have inked a 5-year deal for undisclosed reasons, adding another collaboration to their portfolio. Stocks to watch today include Vedanta, JSW Energy, Adani Group stocks, Oil India, and more.
For those interested in learning more about derivative trading, here's a quick explanation: Derivative trading involves futures and options, which are financial contracts that derive their value from an underlying asset, such as a stock or commodity.
In terms of individual stocks, Citi has hiked the share price target for Samvardhana Motherson with a SELL rating, citing 5 reasons. The exact reasons have not been disclosed.
Lastly, a potential Rs 50 dividend per share opportunity has been announced with a record date next Monday. Information about the latest news, companies, markets, and IPO news can be found on ET Now.
As always, stay informed and make wise investment decisions.
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