Here's a rundown of 11 significant news stories to keep you in the know.
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There have been more IPOs in 2023 than 2022 but they have raised lesser money
The total number of IPOs in 2023 crossed last year's tally this week with EASF Small Finance Bank and Protean eGov Technologies becoming the 41st and 42nd IPOs of 2023. Tuesday will see another issue ASK Automotive, opening for subscription, making it the 43rd IPO of the year.
2022 had a total of 40 companies hitting the primary markets and making their debut on the street.
However, the 40 completed issues so far have managed to raise a sum of just over ₹36,000 crore, while the 40 IPOs last year had raised a sum of nearly ₹65,000 crore.
Diwali 2023: Three market veterans advise investors for Samvat 2080 on the CNBC-TV18 masterclass
Samvat 2079 has been a year of the unexpected in the stock market. It has been a year where mid and smallcaps have outshined their larger peers by a distance. It has also been a year in which private banks, generally the darlings of the street underperformed, while PSUs, the subject of scorn and portfolio-distancing ruled the roost!
As the market moves into Samvat 2080, what should investors keep in mind before they hit "Buy" on a stock that they like? CNBC-TV18 held a Diwali Masterclass with three market veterans - Nilesh Shah of Kotak Mahindra AMC, S Naren of ICICI Prudential and Mihir Vora of Trust Mutual Fund who shared their perspectives on exactly this.
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