Sebi recommends that fees levied by MIIs, such as depositories, clearing companies, and stock exchanges should be uniform and unrelated to trade volume
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The IPO is a mix of fresh issue of shares of up to Rs 200 crore and an offer-of-sale of up to 4.45 million shares
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The Rs 1,500 IPO consisted of fresh issues of up to Rs 1,000 crore and an offer-for-sale (OFS) worth Rs 500 crore
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There is a sustained flow of money into the market through mutual funds, particularly through SIPs. So long as this market construct holds steady, the market will remain resilient, says Expert
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In the winners, Tech Mahindra and Wipro top the index with 2.92 per cent and 2.43 per cent gain. Bajaj Auto, Grasim Industries and Ultratech Cement also gain more than 2 per cent
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JSW Energy stock has delivers 171 per cent return in 2024 so far, while in the last three months the stock clocks 40 per cent gain
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In the last three months GRSE stock delivers 188 per cent returns
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Niva Bupa intends to utilise the net proceeds of Rs 2,200 crore towards augment capital base to strengthen solvency levels
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In the Nifty 50 index, the top five gainers are JSW Steel, Bharti Airtel, Maruti, Bajaj Auto, and Hero Motocorp
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Vraj Iron and Steel IPO closes on 28 June. The allotment is scheduled on 01 July, followed by the listing on the NSE and BSE on 03 July
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