Stock Market

Shining Bright: THESE 12 IPOs have maintained higher premiums on their listings since last Diwali

Post Diwali 2023, around a dozen initial public offerings (IPOs) have consistently received higher premiums on their listing gains, with each exchange surpassing 100%. This group is headed by the Indian Renewable Energy Development Agency Ltd (IREDA), followed by Motisons Jewelers Ltd and DOMS Industries Ltd, among others. Post Diwali 2023, there have been around…

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Stock Market

Oil rises more than 2% on low US crude demand, delay in OPEC+ production increase, Brent recovers from 6% decline to $73/barrel

Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and after reports that OPEC+ could delay a planned increase in oil production. After falling more than 6% earlier this week on reduced risk of a broader war in the Middle East, Brent crude…

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