Stock Market LIVE updates: Kospi, Hang Seng fall 1% in weak Asian trade; GIFT Nifty flat

Shares of Heubach Colorants India (HCIL) has rallied 19 per cent to Rs 558 on the National Stock Exchange (NSE) in Friday’s intra-day trade, extending its previous day’s surge after Quant Mutual Fund (MF) bought less than 1 per cent stake in the company via open market. READ MORE

Large initial public offers (IPOs) have, at times, not been good news for the Indian stock markets that have corrected once the issue closed. The stock market correction, in some cases, was even driven by a black swan event. READ MORE

Shares of Time Technoplast rose as much as 12.72 per cent to hit a fresh 52-week high of Rs 334.90 per share on Friday. READ MORE

>> HSBC India June flash manufacturing PMI at 58.5 vs 57.5 in May

>> HSBC India June flash services PMI at 60.4 vs 60.2 in May

Shares of RailTel Corporation of India soared 9.2 per cent at Rs 474 per share on the BSE in Friday’s early morning deals. The company’s stock has zoomed 61.3 per cent in the last six months, while rallying 264.29 per cent in the last one year. READ MORE

Stanley Lifestyles’ initial public offering (IPO), aiming to raise Rs 537.02 crores is set to open for subscription on Friday, 21 June, 2024. The IPO of the luxury furniture manufacturer comprises a fresh issue of 0.54 crore shares amounting to Rs 200.00 crores and an offer for sale of 0.91 crore shares amounting to Rs 337.02 crores. READ MORE