Skip to main content

Posts

PNB Housing Finance Shares Tank 10% as MD & CEO Girish Kousgi Resigns – What Investors Should Know

 PNB Housing Finance shares plunged by nearly 10% to ₹887.60 following the announcement that MD & CEO Girish Kousgi will resign to pursue external opportunities, effective October 28, 2025 . His resignation was accepted at a board meeting held on July 31, 2025 . 🔍 Share Price Reaction & Immediate Impact Around 9:28 AM on August 1, 2025 , the stock hit the lower circuit band, trading around ₹887.60—a drop of nearly 10%. Other reports indicated that in morning trades, shares declined nearly 15%, with intra-day lows hitting ₹838.30 on BSE. 💼 Leadership Change: What Happened & Why It Matters Girish Kousgi tendered his resignation on July 30 , which was accepted on July 31, 2025 . He will work closely with the board and senior management to oversee a smooth transition until his final day at the end of October 2025. Kousgi also resigned as director of subsidiary entities— PHFL Home Loans and PEHEL Foundation . 🔄 Search for Successor The company confirm...

IBPS PO & SO 2025: Correction Window Now Open (July 31–Aug 1)

  The Indian Institute of Banking Personnel Selection (IBPS) has activated the application correction window for the 2025 recruitment cycle of Probationary Officers (PO/MT‑XV) and Specialist Officers (SO/SPL‑XV) . Registered candidates can log in to ibps.in and make permitted edits until August 1, 2025 . 📅 Important Dates & Eligibility Correction Window : July 31 – August 1, 2025 Eligibility : Only candidates who have successfully submitted their original application and paid the required fee within the initial timeline are allowed to make corrections. ✏️ What You Can & Can’t Change ✅ Editable Fields Academic qualifications Personal details (excluding critical fields below) Job centre/location preferences Category, within specific allowed switches: Candidates originally under GEN/EWS/OBC‑NCL may change to GEN, EWS, OBC‑NCL, SC, ST, or PwBD Candidates under SC/ST/PwBD are limited to changes within those categories only. ❌ Non-editab...

NSDL IPO GMP Live Update: Should You Subscribe to India’s Largest Depository’s Public Issue?

NSDL IPO GMP Live Update: Should You Subscribe to India’s Largest Depository’s Public Issue? 📌 Introduction: NSDL IPO Opens to Public — A Historic Moment for India’s Financial Markets The much-anticipated NSDL IPO opened for public subscription on July 30, 2025 , and entered its second day  with strong investor interest. Backed by India's biggest financial institutions and commanding a dominant market position, the ₹4,011 crore IPO of National Securities Depository Limited (NSDL) is drawing attention from retail and institutional investors alike. 💼 IPO Details: Key Facts You Need to Know IPO Size : ₹4,011 crore Type : 100% Offer for Sale (OFS) Price Band : ₹775 – ₹800 per share Lot Size : 18 shares Minimum Investment (Retail) : ₹13,680 Subscription Dates : July 30 to August 1, 2025 ⚠️ Note: Since it is an Offer for Sale, NSDL will not receive any proceeds. Funds go to existing shareholders exiting partially, including SBI, NSE, HDFC Bank, IDBI Bank, a...

Shree Refrigerations IPO Allotment Status (2025): Here's How to Check Online

Shree Refrigerations IPO Allotment Status (2025): Here's How to Check Online The bidding window for Shree Refrigerations SME IPO was open from July 25 to July 29, 2025 . As per the IPO schedule, the basis of allotment is being finalized today, July 30, 2025 . Investors can now check the Shree Refrigerations IPO allotment status online through BSE or the official registrar’s website — MUFG Intime India Private Limited . Here’s a step-by-step guide to help you check your IPO allotment status online. 📌 How to Check Shree Refrigerations IPO Allotment Status on BSE You can verify your IPO application status through the BSE (Bombay Stock Exchange) website using the following steps: Visit the BSE IPO application status page . Under ‘Issue Type’ , select ‘Equity’ . In ‘Issue Name’ , select ‘Shree Refrigerations Ltd’ from the dropdown. Enter your Application Number or PAN Card Number . Confirm you’re not a robot by completing the CAPTCHA . Click ‘Submit’ . ...

Daily Analysis 14 November 2024

  Final Market Overview based on data 13th nov.   - Retail: Bearish on index futures & options. Heavy selling & cautious positioning. - DII: Predominantly bullish in futures with selective hedging through options. - FII: Mixed sentiment; bullish in futures/calls but hedging with puts. - Pro: Mixed activity; bullish on index options but selective in stock options. Sentiment.  Cautiously bullish by institutions, bearish tilt by retail with strong hedging. Mixed outlook overall with focus on volatility management. We have seen sharp correction in last two trading session. Dollar index is rising against INR and this was the main reason for all these big down moves.  Now both index is very close to yearly fair value ( vwap ) at 23260/49300.  This is just for a reference for bull run continuation. If we hold above this and bounce back will lead for fresh directional sentiments.  Intraday support and resistance.  Support.  Nifty 23400...

What is Mutual Fund Lite and how does it differ from mutual funds?

  The Securities and Exchange Board of India (SEBI) has recently introduced an innovative framework called Mutual Fund (MF) Lite. It will aim to revolutionize the passive investment landscape in India. This innovative approach simplifies the process of launching passive mutual fund schemes, making investing more accessible and cost-effective for the investor. It encourages greater participation from both new and existing asset management companies (AMCs). MF Lite emerges as a significant step toward democratizing investment opportunities in the Indian financial market. What Do You Mean By Mutual Fund Lite? Easier Entry for New Players:  One of the important features of MF Lite is to focus on lowering barriers for new entries. The relaxed regulations mean that more companies can now offer passively managed mutual funds without needing extensive resources or prior experience in the market. Simplified Role for Trustees:  The SEBI has reduced its regulatory burden on trustees...

Market Analysis 18 Oct 2024

  Good Morning Friends.   We have seen total red in this week and expecting a gap down opening.  Now today closing will be very important to gauge next clue for coming days.  FIIs is selling hard and no one knows them they stop.  Nifty have good base at 24660/560 areas which looks to save.  Bank nifty should save 51100/51050 and below this we can go 50800/500 directly.  If we close above previous lows then we can see some relief towards 24850/920 as resistance and 51500/700 for bank nifty.  Now let’s see how intraday things develops and we will update all major changes.