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Airbnb’s Prices Shares Above Target in 2020’s Biggest US IPO

In April, Airbnb's raised $1 billion from private equity firms Silver Lake and Sixth Street Partners as it sought to boost its cash reserves.

The IPO gives Airbnb’s a fully diluted valuation – which includes securities such as options and restricted stock units – of $47.3 billion, capping a turnaround in fortunes for the U.S. home rental firm that was hit hard by travel restrictions used to curb the COVID-19 pandemic. Airbnb had planned to sell around 51 million…

Sensex falls over 1000 points, Nifty Below 14700; 5 factors Behind Sell-off

Previous four sessions to February 22 as the market benchmark Sensex fell more than 1,000 points and Nifty below 14700 in intraday trade.

Indian equities extended the losing run of the previous four sessions to February 22 as the market benchmark Sensex fell more than 1,000 points and Nifty below 14700 in intraday trade. At 1405 hours, Sensex was 947 points, or 1.86 percent, down at 49,943 while Nifty was 262 points, or 1.75 percent lower at 14,719.…

Sensex drops 600 points, Nifty below 14,100; 5 factors that are weighing on market

Sensex opened lower, after three consecutive days of fall, and dropped over 600 points in intraday trade. Nifty fell below 14,100 indicating that investors are taking money off the table ahead of mega-policy event Union Budget 2021.

Sensex opened lower, after three consecutive days of fall, and dropped over 600 points in intraday trade. Nifty fell below 14,100 indicating that investors are taking money off the table ahead of mega-policy event Union Budget 2021. Indian equities traded with deep cuts in intraday trade on January 27, tracking weak global cues. At 1210…

Market closed; Sensex plunges 788pts, nifty settled below 12,000

Sensex, which started at a loss of more than 300 points, fell over 850 points at Intraday. It finally settled at 40,677, down 788 points. The Nifty too ended with a loss of 234 points at 11,993.

MUMBAI: Today Bear rule the Dalalstreet and indexes have been bemused by the fears of war in the Middle East which has upset the markets. In addition, sales domestically increased. As a result, Monday’s trading indices fell. The Bombay Stock Exchange Sensex fell by over 750 points. The National Stock Exchange’s Nifty fell below 12,000.…

Market Open: Nifty below 12,100, Sensex down 280 pts

Shares of Tata Steel, ICICI Bank, Infosys, Kotak Mahindra and Reliance Industries were trading at losses.

MUMBAI: Domestic market records have hit a record high. Investors’ vigilance on GDP figures, coupled with rising sales in iconic stocks, have led to indices in today’s trading. The Sensex, which started trading at a loss of more than 100 points. It lost 200 points at 9.50 am and continues at 40,930. Also read: RIL…

Stock Mantra | UltraTech more than doubles in one year, but can hit Rs 8,500 in short term

Shares of UltraTech Cement, the country's largest cement producer, more than doubled in the last one year

Shares of UltraTech Cement, the country’s largest cement producer, more than doubled in the last one year, sharply outperforming the benchmark BSE Sensex, which rallied 52 per cent in the same period. In fact, it outpaced its closest peers, Shree Cement and ACC, also in the same period. The cement major gained 109 percent in the…

Rs 1.45 to Rs 36: penny stock turned into a multi-bagger in just 12 months

In comparison, Sensex has risen 44.98% during the period. The stock touched a record high of Rs 35.90, rising 4.97% against previous close of Rs 34.20 on BSE.

Share of Proseed India has delivered 11,118% returns to its shareholders in one year. The penny stock, which stood at Rs 1.45 on May 20, 2020, rose to an all-time high of Rs 35.90 on BSE today. Example: If an investor invested an amount of Rs 1 lakh invested in Proseed India stock 12 months…

SpiceJet plans to raise funds, stock zooms 4 per cent

SpiceJet plans to raise funds, stock zooms 4 per cent; It has gained 60 per cent in the last one year. The share stands higher than 5 day

SpiceJet plans to raise funds, stock zooms 4 per cent to hit an intraday high of  Rs 82.60 on BSE today after the company informed that it is going to consider fundraising. The company said that the Board of Directors of the company in its meeting scheduled on Wednesday, the 30th day of June, 2021…

Indian Bank share rises over 5% on launch of Rs 4,000-crore QIP

Indian Bank share rises over 5%, Indian Bank share rises over 5%; In March this year, the committee of directors had given approval

Indian Bank share rose over 5% today after the lender launched a qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore.  Share of Indian Bank gained 5.22% to Rs 153.1 against previous close of Rs 145.50 on BSE. The stock has gained 8.22% in the last 2 days. Indian Bank share is…

Panacea Biotec share slips 4% after Adar Poonawalla sells entire stake

Share of Panacea Biotec touched an intraday low of Rs 370.80, losing 3.66 per cent on BSE. The stock trades higher than 10 day, 20 day, 50 day, 100 day and 200 day

Panacea Biotec share fell nearly 4 per cent today after Adar Poonawalla, CEO of Serum Institute of India, offloaded his entire stake in the company, through an open market transaction. Share of Panacea Biotec touched an intraday low of Rs 370.80, losing 3.66 per cent on BSE. The stock trades higher than 10 day, 20…