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Process of making more profit by mutual fund investing
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We help you by providing complete list of MF schemes according to SEBI updated riskometer.
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Latest Market News

US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillion

SpaceX's Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S. company. Investors, from institutions to retail fans, celebrated the record-breaking IPO, which raised $75 billion. Despite a reported loss last year, the company's ambitious vision and market opportunity captivated the market, with shares closing up 19%.

US stocks: US market ends up on Iran war peace deal hopes, SpaceX's historic debut

U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX, which surged past its IPO price. Progress in peace talks eased inflation and interest rate concerns, while SpaceX's strong opening captivated investors despite its recent losses. Other space stocks saw a slight pullback.

Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that means

SpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, designed to stabilize trading, could raise SpaceX an extra $11.2 billion if demand remains strong. The greenshoe option, named after a 1960 IPO, helps manage volatility for newly listed stocks.

US stocks: SpaceX options to begin trading on Tuesday after IPO

SpaceX options contracts will commence trading Tuesday, following the company's successful IPO where shares opened at $150, exceeding the $135 offering price. High demand for these derivatives is anticipated, potentially driving further share trading as investors speculate or hedge against price movements.

SpaceX shares rise 11% in strong Nasdaq debut after $75 billion IPO

SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic Initial Public Offering made Elon Musk the world's first trillionaire. The rocket maker raised substantial funds, surpassing Saudi Aramco's IPO. Investors are watching closely as SpaceX aims for Mars and beyond, with Starlink driving its growth.

Space stocks slump as blistering rally cools after SpaceX market debut

Space stocks saw a significant drop on Friday. Investors took profits after a strong rally. This occurred on the day of SpaceX's highly anticipated market debut. The Elon Musk-led company achieved a valuation exceeding two trillion dollars. This event has drawn attention to the entire space sector. Other space companies also experienced declines in their stock prices.

Revised common application form for FPIs notified

The government has notified a revised common application form for foreign portfolio investors (FPIs) to streamline registration and account opening processes. This move, along with recent tax exemptions on government securities, aims to attract foreign capital and stabilize the rupee. The updated form simplifies declaration requirements and introduces a new category for investors exclusively in government securities.

World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic status

Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond.

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