US stock index futures gained on Thursday ahead of labor market data that will give clues on future interest rate hikes, while Tesla extended gains after top boss Elon Musk told staff to ignore the “stock market craziness”. The shares of the electric-vehicle maker advanced 5.3% in premarket trading after Musk’s comment. They snapped seven […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to three stocks/securities on Wednesday, December 14, 2022. Bharat Heavy Electricals Limited (BHEL), Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) and Delta Corp are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade […]
KFin Technologies has, ahead of its proposed initial public offering, raised Rs 675 crore from 44 anchor investors at the upper price band of Rs 366 per equity share, according to a stock exchange filing. The company allotted 18.44 million equity shares to the anchor investors at the upper price band of Rs 366 per […]
Asian stocks opened cautiously on Monday as U.S. earnings season gets into full swing, while a raft of Chinese data will offer insight into how the world’s second-largest economy is recovering. Markets have also seen a mood shift on the outlook for U.S. interest rates, with futures implying an 80% chance the Federal Reserve will […]
Oil prices rose in early Asian trade on Wednesday after a U.S. trade group reported a significant draw in crude oil stocks ahead of the government’s data release. Brent crude rose by 16 cents, or 0.2%, to $80.93 a barrel by 0006 GMT.U.S. West Texas Intermediate crude rose 25 cents, or 0.3%, to $77.32 a […]
By Rajesh Palviya In Nifty 50’s current series, a Long Unwinding has been witnessed with decrease in price of (-2.12%) and decrease in OI by (-54%) as of Wednesday wherein there was shedding of 56.58 lakh shares in OI, decreasing from 104.84 lakh to 48.25 lakh shares ahead of monthly expiry scheduled on Thursday. Nifty […]
Marico’s consolidated revenue during October-December improved in low single digits on a year-on-year basis. While urban and premium categories maintained their steady pace of growth during the quarter, recovery in rural demand was not as discernible as due to inflation, the company said in a regulatory filing India business marked a slight improvement over the […]
Alibaba‘s logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in the Asian financial hub. Cainiao Network Technology’s initial public offering (IPO) plan comes after Alibaba flagged in late March it […]
Punjab and Sind Bank on Tuesday reported a 32% year-on-year increase in its net profit for the fourth quarter of the previous fiscal despite a marginal decline in the net interest income. The lender reported a net profit of Rs 456.99 crore for the quarter ended March 31, 2023, registering a 22.4% increase on a […]
In what could be the biggest IPO of this year, Mankind Pharma on Wednesday set a price band of Rs 1,026-1,080 for the offering. The fourth-largest pharmaceutical firm in the country aims to raise Rs 4,326 crore at the upper end of the price band, at a $5.26-billion valuation. This is the third public offering […]