Fintech player Zaggle Prepaid Ocean Services Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. The IPO (initial public offering) comprises fresh issue of equity shares worth Rs 490 crore and an offer for sale (OFS) component of 1.05 crore stocks by promoters, investors and other […]
According to Delhi Health Minister Saurabh Bharadwaj, the national capital reported its first case of COVID-19 sub-variant, JN.1 on Wednesday, December 27. The ministry studied various samples sent for Genome Sequencing, out of which, one of them was found to be a variant, JN.1 and two were recorded to be an Omicron variant. At present, […]
Domestic indices end their first trading week of CY23 in the red. On Friday, Nifty tumbled 132.70 points or 0.75% at 17,859.45 while Sensex settled at 59,900, down 450 points. The bulls did attempt a recovery in the last hour of trade, with Nifty rising almost 70 points from its intraday lows while Sensex regained […]
The death toll from China’s most powerful earthquake in years has risen to 149, with two people still missing after the tremor hit northwestern parts of the country last week.The 6.2-magnitude quake struck a remote mountainous area between Gansu and Qinghai provinces on Dec. 18, reducing homes to rubble and triggering heavy mudslides that inundated […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 3 February 2023, keeping costs steady for about eight months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
Punit Goenka, MD and CEO of Zee Entertainment (ZEEL), has paid Rs 50 lakh to settle the insider trading case related to shares of Zee, according to a Sebi announcement on Thursday. The regulator had, in August last year, passed an interim order against 15 entities for carrying out insider trading activities with respect to […]
By Shrikant Chouhan The stock market benchmarks BSE Sensex and NSE Nifty 50 successfully surpassed the short-term resistance at 17500/58700, which is largely positive. Bullish candle and intraday breakout formation on the daily charts indicate a further trend from the current levels. Now 17350/58250 would be the key support level for the following traders. Above […]
Market regulator SEBI has indicated to the Supreme Court that it is not in favour of banning short-selling or sale of borrowed shares, and said it is investigating allegations made by a tiny short-seller against the Adani Group as well as its share price movements. The Securities and Exchange Board of India (SEBI) in written […]
The last two to three years have seen increasingly more retail investors attempting to build their wealth in the stock markets. But once they attempt to invest, they are confounded with a huge learning curve, conflicting opinions, and find themselves lacking the confidence to manage their own money. Even sophisticated investors lack clarity on what […]
By Rahul Shah Dalal street was in party mode last week as stock markets roared back smartly and closed above the psychological 17000 level. Equity benchmarks Sensex and Nifty spurted nearly 3 per cent to close over three-month high levels following buying in metal, banking & NBFC, IT and Auto stocks. Strong quarterly results, FII […]
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