Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at 17834 level. In the previous session, BSE Sensex fell 251 pts to 60,432, while NSE Nifty 50 declined 86 pts to 17,771. “The dip in Nifty index has pushed the […]
Billionaire Anil Agrawal-led Vedanta Ltd stock continued to fall on Tuesday, tumbling down nearly 9% at Rs 261.95. Earlier this month, the government opposed the company’s proposal to sell its international zinc business to Hindustan Zinc Ltd for $2.98 billion over valuation concerns. According to reports, the government threatened to take legal action to stop […]
Icici securities has given a hold call on Petronet LNG with a TP of `210. The current market price of Petronet LNG is `209. We met the management of PLNG to get a sense of the state of the business and its latest outlook. Here are key takeaways: Near-term volumes remain stressed, specifically with respect […]
BOI AXA Investment Managers and five persons on Wednesday settled with markets regulator Sebi a case pertaining to an alleged violation of market norms after paying Rs 3.92 crore towards the settlement amount.BOI AXA Investment Managers (now known as Bank of India Investment Managers) is an asset management company (AMC).Apart from BOI AXA, the five […]
Maybe now more so than ever, the investment strategy of loading up on pick-and-shovel makers during the middle of a gold rush is playing out in the cryptocurrency world. Shares of Bitcoin miners such as Marathon Digital Holdings and Riot Platforms are significantly outperforming the largest digital currency, posting gains this year of more than […]
SGX Nifty hinted that the domestic equity indices could see a start in the green. On the Singapore Exchange, Nifty futures were trading higher by 69.5 points, at the 17,094 level. On Monday, markets gave up their gains from the previous session, but recovered smartly. Nifty recovered over 150 points to close at 16,988 levels […]
Oil prices held steady in early trading on Friday, but were set for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. Brent crude rose 14 cents, or 0.2%, to $72.64 a barrel at 0002 GMT, while U.S. West Texas Intermediate was […]
The Indian real estate market is currently in its best shape since 2014, with healthier developer balance sheets and shorter property sale cycles. While caution is advised to prevent excessive price increase, the next couple of months show promising signs of increase in residential demand and supply, says Sudhir Pai, CEO, Magicbricks. In an exclusive […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Thursday, 20 April, in the figures across major cities including New Delhi, Kolkata, Mumbai, and Bengaluru. However, cities across the country have witnessed fluctuations in fuel prices across the nation. In Jaipur, diesel rates rose Rs 0.36 […]
Mankind Pharma IPO: Mankind Pharma, backed by ChrysCapital, has set the price band for its public issue at Rs 1,026-1,080 per equity share of face value Re 1 each. At the upper end of the price band, the company’s promoters and shareholders seek to raise Rs 43,264 crore from the IPO. Mankind Pharma’s IPO will […]