Pressure Sensitive Systems (India) Ltd News
Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC
Goldman Sachs expects gold prices to reach $3,150 per ounce (bull-case scenario; base case: $3,000/oz) by December 2025, an upside of around 17 per cent from the current levels
 "Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC")
Defence Ministry's Sukhoi deal boosts Hindustan Aeronautics shares by 2%
Hindustan Aeronautics share rose after it announced a contract for procurement of 12 Sukhoi Su-30 MKI aircraft along with associated equipment has been signed between the MoD and the Company
 "Defence Ministry's Sukhoi deal boosts Hindustan Aeronautics shares by 2%")
OMC stocks seem attractive after earnings decline and correction
Resumption of more frequent revision in retail prices could be a driver. Policy risk appears low
 "OMC stocks seem attractive after earnings decline and correction")
Sebi mulls guardrails for retail algo trades to address regulatory gaps
Proposes mandatory empanelment of algo providers, restriction on open API use
 "Sebi mulls guardrails for retail algo trades to address regulatory gaps")
Sebi clarifies 'exclusions' from pro-rata distribution mandate for AIFs
Sebi has also allowed managers or sponsors of fund, development financial institutions, or government-owned entities to accept lower returns or share losses beyond their pro-rata rights in investments
 "Sebi clarifies 'exclusions' from pro-rata distribution mandate for AIFs")
See-saw trade: Sensex rebounds over 2,000 points from the day's low
Mkts end in green for 4th straight week, longest winning run since July
 "See-saw trade: Sensex rebounds over 2,000 points from the day's low")
Investors return to IPOs with Rs 2.2 trillion bids across three offerings
Mobikwik subscribed 119x, Vishal Mega Mart 27x, Sai Life 10.3x
 "Investors return to IPOs with Rs 2.2 trillion bids across three offerings")
Vishal Mega Mart IPO sees huge response, subscribed 27.28 times at close
The IPO of the Gurugram-based supermart major is entirely an offer-for-sale (OFS) of shares by promoter Kedaara Capital-led Samayat Services LLP, Samayat Services LLP, with no fresh issue of equity
 "Vishal Mega Mart IPO sees huge response, subscribed 27.28 times at close")
Inventurus Knowledge Solutions' IPO subscribed 2.65 times on Day Two
The company's IPO is entirely an Offer For Sale (OFS) of 1.88 crore equity shares by promoters and individual shareholders, with no fresh issue component
 "Inventurus Knowledge Solutions' IPO subscribed 2.65 times on Day Two")
Sebi extends date for comments on appointment process of officials at MIIs
The agency should submit recommendations to the Nomination and Remuneration Committee (NRC) for evaluating the recommendations and forwarding them to both the governing board of the MII and Sebi
 "Sebi extends date for comments on appointment process of officials at MIIs")
