Shares of Yes Bank may face selling pressure as the Reserve Bank-mandated three-year lock-in period for individual investors and exchange-traded funds is ending on Monday, according to analysts. The analysts expect distress on the bank counter on Monday as they expect investors, primarily the nine banks led by State Bank, which picked up almost 49 […]
Indian jeweller Joyalukkas has withdrawn its 23 billion rupee ($277.95 million) initial public offering (IPO), a document on the market regulator’s website showed on Tuesday. The reason for the withdrawal was not immediately clear. Joyalukkas did not immediately respond to Reuters’ request for comment. The jeweller, based in the southern Indian state of Kerala, operates […]
By Siddhant Mishra At a recent pre-Budget roundtable, Ashish Chauhan, MD & CEO of the National Stock Exchange (NSE), batted for longer trading hours in the Indian markets. The Securities and Exchange Board of India (Sebi) has left the final decision to exchanges. Siddhant Mishra takes a look at the implications of longer hours for […]
Inflation data, both at domestic and global level, interest rate scenario in the US, geopolitical situation and general elections in 2024 are some of the major factors that would influence trading in the equity market this financial year, analysts said. Besides, foreign fund trading activity and global trends will also dictate terms in the equity […]
By Siddhant Mishra The benchmark indices closed higher on Wednesday, driven by positive global cues and easing wholesale inflation. India’s WPI eased to a 21-month low of 5.85% in November. The Bank Nifty continued its upswing as the sectoral index hit a fresh all-time high for the second consecutive session on Wednesday. The index jumped […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Friday’s muted session flat. The NSE Nifty 50 settled at 17,624.05 and BSE Sensex rose 22.71 points or 0.04% to 59,655.06. In sectoral indices, Bank Nifty fell 151.5 points or 0.36% to 42,118.00, Nifty IT rose 184.95 points or 0.69% to 26,822.10 […]
Domestic indices pared gains slipping into negative territory and finally ending on a mixed note amid volatility as budget excitement settled. During the day, the BSE Sensex jumped over 1100 points, touching an intraday high of 60,773.44 and NSE Nifty 50 surpassed the 17,970 mark but immediately after the FM’s speech finished, indices started falling. […]
Five of the top 10 valued firms together added Rs 88,604.99 crore to their market valuation last week, with State Bank of India and ICICI Bank emerging as the biggest gainers. While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services […]
In the complex world of finance, keeping an eye on the ever-evolving landscape is essential for making successful investment decisions. As we step into 2024, it’s crucial to identify and understand the investment themes that are likely to shape the Indian stock market in the year ahead. In this article, we will explore the five […]
Shares of Kerala-based Manappuram Finance ended 12% lower on Wednesday after the Enforcement Directorate searched the office premises of the gold loan company earlier in the day. The non-bank lender’s stock saw its biggest single-day fall in the past two years. It ended the day at one-and-a-half-month low of 113.80 on the National Stock Exchange. […]