Today’s Market News :
GLOBAL CUES
* US markets end positive amid strong macro data
* S&P 500 ends on record high, NASDAQ gains continue to 4th day
* Asian markets edge higher; GIFT Nifty hints at a positive start
* Oil prices ease as Saudi Arabia hints at production hikes in 2024
* US yields tick up amid fall in weekly jobless claims, 10-year note at 3.8% • Gold hits new record high; Silver sizzles most in 12 years 2478
• NSE indices rebalancing – Trent, BEL new Nifty 50 entrants
• Indian benchmark indices Sensex and Nifty 50 are likely to see a positive start on September 27, tracking cues from GIFT Nifty trading around 26,360
• The S&P 500 scored a record closing high and the Dow and Nasdaq rose on Thursday, as Micron Technology shares rallied and a strong U.S. jobless claims report eased labor market concerns.
• The benchmark S&P 500 closed up 23.11 points, or 0.40%, at 5,745.37
5 Big Main Board IPOs expected before 31st December 2024
1. Hyundai Motor – India’s biggest IPO till date
2. NTPC Green Energy – Approx 10000 cr IPO (expected in November)
3. Afcons Infra – Approx 7000 cr IPO (SEBI Approval Received)
4. Aether Energy – Approx 3100 cr IPO (SEBI Approval Pending)
5. Waaree Energies – Approx 3000 cr IPO (SEBI Approval Received)
There are few more like LG, Swiggy, NSE, Polymatech, SJVN Green Energy, JSW Cements, Hotel Leela, Hexaware Technologies, Mobikqick etc which are also expected soon.🌟
