Weekend Wrap: From IndiGo to Mphasis, top market movers and news of week

Presenting a comprehensive recap of the week's highlights, spanning from top news to market performance, here's your market wrap for the week concluding on August 23, 2024.

Kuvera
Published24 Aug 2024, 12:07 PM IST
Trade Now
From top news to market performance, here's the market wrap for the week ended August 23, 2024.
From top news to market performance, here’s the market wrap for the week ended August 23, 2024.(Abhijit Bhatlekar/Mint)

Top News

  • Security Exchange Board of India (SEBI) will soon introduce an industry-wide stress test for equity mutual funds.
  • India’s foreign exchange reserves (Forex) increased to USD 674.66 billion for the week ending August 16, 2024.
  • Indian Finance Ministry projects real GDP growth of 6.5-7% for FY25.
  • Shares of Saraswati Saree Depot got listed at a premium of 21% over the issue price of 160, The 160.01-crore IPO has an offer for sale of 0.65 crore fresh shares worth 104 crore and an offer for sale of 0.35 crore shares worth 56.02 crore. Saraswati Saree Depot has set the price band of its IPO at 152 to 160 for each share.
  • Interarch Building Products got oversubscribed by 93.79 times. The IPO of Interarch Building Products was offered at a price band of 850-900 per share. It opened for subscription on August 19, 2024, and the bidding closed on August 21, 2024. Although the IPO offered 4,653,341 shares, it received bidding for 43,87,55,568 shares.
  • Orient Technologies got oversubscribed by 154.84 times. The 214.76-crore issue comprises a fresh issue of 58 lakh shares for 120 crore and an offer for sale of 46 lakh shares for 94.8 crore. Established in 1997, the company focuses on offering information technology (IT) solutions. The company has honed its skills in IT Infrastructure, IT Enabled Services (IteS), Cloud, and Data Management Services over time to provide products and solutions.
  • Franklin AMC, Tata AMC, Bandhan AMC, Nippon AMC, ITI AMC, Baroda BNP Paribas AMC, PGIM AMC and Axis AMC has launched the NFO for Franklin India Ultra Short Duration Fund, Tata Nifty200 Alpha 30 Fund, Bandhan BSE Healthcare Fund, Nippon India Nifty 500 Equal Weight Fund, ITI Large & Mid Cap Fund, Baroda BNP Paribas Dividend Yield Fund, PGIM India Multi Cap Fund, and Axis Consumption Fund respectively.

Index Returns
Best Performers
Worst Performers
Bought and Sold
Most Watchlisted

Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:24 Aug 2024, 12:07 PM IST
Business NewsMarketsStock MarketsWeekend Wrap: From IndiGo to Mphasis, top market movers and news of week

Most Active Stocks

Tata Steel share price

159.55
03:57 PM | 8 OCT 2024
-4.75 (-2.89%)

Bharat Electronics share price

280.20
03:58 PM | 8 OCT 2024
12.85 (4.81%)

Tata Motors share price

919.85
03:58 PM | 8 OCT 2024
-8.25 (-0.89%)

Zee Entertainment Enterprises share price

126.80
03:59 PM | 8 OCT 2024
0.75 (0.6%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

NMDC share price

219.10
03:42 PM | 8 OCT 2024
-9.7 (-4.24%)

Vijaya Diagnostic Centre share price

948.70
03:28 PM | 8 OCT 2024
-33.25 (-3.39%)

SBI Life Insurance Company share price

1,732.15
03:29 PM | 8 OCT 2024
-54.8 (-3.07%)

Tata Steel share price

159.55
03:57 PM | 8 OCT 2024
-4.75 (-2.89%)
More from Top Losers

Varun Beverages share price

589.90
03:50 PM | 8 OCT 2024
48.1 (8.88%)

Housing & Urban Development Corporation share price

228.95
03:59 PM | 8 OCT 2024
18.65 (8.87%)

Doms Industries share price

2,683.40
03:29 PM | 8 OCT 2024
214.9 (8.71%)

Garden Reach Shipbuilders & Engineers share price

1,662.90
03:49 PM | 8 OCT 2024
126.35 (8.22%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    77,455.000.00
    Chennai
    77,461.000.00
    Delhi
    77,613.000.00
    Kolkata
    77,465.000.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.75/L0.00
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00

    Popular in Markets

      HomeMarketsPremiumInstant LoanMint Shorts