DEE Development Engineers IPO: Engineering Firm Raises ₹125 Crore from Anchor Investors Ahead of Public Issue – Latest Market News Today Live Updates June 18, 2024

Market Wrap-Up: Latest Updates on Nifty 50, Sensex Movements, and Top Gainers/Losers

Are you a stock market enthusiast looking for the latest updates on market news, IPOs, and stock movements? Look no further! Today’s market wrap-up is here to keep you informed on all things Dalal Street and global markets.

Let’s start with the IPO news: DEE Development Engineers IPO raised ₹125 crore from anchor investors, while Akme Fintrade IPO garnered ₹38 crore. Engineering and NBFC sectors are buzzing with activity, so keep an eye on these developments.

In the commodity market, oil prices remain steady despite demand uncertainty, with Brent crude at $84.23 per barrel. Stock markets saw retail buying on 4 June, pushing F25 buys to levels seen in the whole of F24. RBI and Sebi are monitoring high volumes in the F&O market, so stay updated on their actions.

Stock movements today include Som Distelleries shares declining over 16%, while Minda Corp shares hit a record high, gaining 74% in about 1 year. Nifty 50 set record highs 32 times in 2024, up 11% from the June 4 low. Keep an eye on these top gainers and losers in the market today.

In the IPO space, Shivalic Power Control IPO is set to open on June 24, with a price band set at ₹95-100 apiece. Stay informed on the latest IPO news and stock market trends.

Experts weigh in on stock market trends, with Devina Mehra cautioning against unreasonable valuations in micro and small-cap stocks. Paytm shares plunged 3% amid discussions with Zomato to sell the movie ticketing business. Stay updated on these market dynamics.

From multibagger stocks to top picks of the week, the market is buzzing with opportunities. Stay informed on gold and silver prices, expert views on the market bubble, and the latest stock market trends. Whether you’re a seasoned investor or a newbie in the market, today’s market wrap-up has something for everyone. Stay tuned for more updates on your favorite companies and sectors.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.