The latest market news today brings a mix of updates from various sectors, including IPO news, stock market movements, mark to market updates, and commodity news. Here’s a quick wrap-up of the top stories:
1. IPO News Today Live Updates: The ixigo IPO listing date has been fixed, and market observers are signaling a strong debut for Le Travenues Technology shares. The grey market premium for the shares is currently at ₹30.
2. Stock Markets Today Live Updates: Foreign investors have slashed bearish bets ahead of the Union budget, setting the stage for a potential rally. FPIs held the second-highest net bearish index futures bets on 4 June, following the 2024 Lok Sabha elections.
3. Mark To Market Today Live Updates: Tata Motors is revving up its plans with the launch of 5-6 new models, including four electric vehicles, over the next two years. However, concerns about margins and market share remain.
4. Stock Markets Today Live Updates: As Eid ul adha 2024 approaches, investors may wonder if the Indian stock market is open. The stock market holiday list shows that there is only one holiday in June 2024, with the next trading holiday scheduled for July 17 for Muharram.
5. Commodity News Today Live Updates: Fuel prices in India have seen a rise after the Karnataka state government hiked the sales tax on petrol and diesel. The tax on petrol increased from 25.92% to 29.84%, while the tax on diesel rose from 14.3% to 18.4%.
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