Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open on a muted note on weekly F&O expiry amid weak global cues. SGX Nifty hinted at a flat to negative start for domestic equities as Nifty futures traded marginally lower at 18734 levels. “Markets will react to the outcome of the US […]
Oil prices fell on Monday as jitters over the prospect of the U.S. Federal Reserve raising interest rates combined with weaker Chinese manufacturing data to erase earlier gains. Brent futures for July delivery were down 55 cents, or 0.7%, at $79.78 a barrel at 0009 GMT, while U.S. West Texas Intermediate (WTI) crude lost 54 […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Monday’s session in the green territory. The NSE Nifty 50 rose 38.30 pts or 0.22% to 17,398.05 and BSE Sensex climbed 114.92 pts or 0.19% to 59,106.44. Bank Nifty surged 204.40 pts or 0.50% to 40,813.05. The top gainers on Nifty 50 […]
Warren Buffett shares a letter with investors every year, along with the financial report of Berkshire Hathaway. This year, on February 25, the most awaited letter was published in which Warren Buffett gave a few important lessons to investors. He called the critics of share-buyback economic illiterate or silver-tongued demagogues. “When you are told that […]
Mankind Pharma IPO opened for subscription on 25 April and the issue has been booked 0.87 times on day 2, with total bids of 2,45,19,352 shares. Qualified institutional buyers (QIBs) subscribed for 186% of their reserved portion, demonstrating high interest in the issue. Retail investors bid only 0.25 times of the shares reserved for RIIs. […]
Mining major Vedanta (VEDL), a subsidiary of London-headquartered Vedanta Resources (VRL), has made “timely” interest payment for non-convertible debentures (NCDs) totalling ₹2,500 crore. The due date for interest payment of NCDs, with face value of ₹100,000, was on Wednesday, VEDL said in a regulatory update. The firm controlled by Anil Agarwal had reduced its net […]
The Indian Biogas Association (IBA) has suggested that the government formulate a scheme similar to Sustainable Alternative Towards Affordable Transportation (SATAT) being implemented in the oil and gas sector, for fertilizers, to ensure guaranteed purchase of fermented organic manure (FOM) by fertilizer marketing companies. This, it said, would help in strengthening the financial viability of […]
Indian equity indices were trading in the red territory in the early morning trade on Monday. The Nifty 50 fell 103.10 pts or 0.58% to 17,753.40 and Sensex dropped 329.69 pts or 0.54% to 60,353.01. The top gainers of Sensex were Titan (up 1.41%), Tata Steel (up 1.15%), Power Grid (up 0.56%), Larsen & Toubro […]
The Securities and Exchange Board of India (Sebi) is working on reducing the time taken to clear offer documents for initial public offerings (IPOs). Addressing a closed-door meeting of investment bankers on Friday, Sebi chairperson Madhabi Puri Buch said the regulator was keen on cutting the red tape involved in the filing of offer documents […]
By Siddhant Mishra The first eight trading sessions of 2023 have seen outflows by foreign institutional investors (FIIs) continue, with $817.58 million being offloaded from equities between January 2 and January 10, according to Sebi data. FIIs sold a provisional `3,208.15 crore ($392.6 million) of shares on January 11, according to data from the National […]