Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday, as jittery investors remained nervous about the U.S. banking sector following another rout in shares of regional lenders. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.44% higher and was on course to snap its two-week losing streak. Japan […]
Gold prices rose by Rs 128 to Rs 57,275 per 10 grams in the national capital on Tuesday amid firm global trends, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 57,147 per 10 grams. “Spot gold prices in the Delhi markets traded at Rs 57,275 per 10 grams, […]
KFin Technologies IPO was subscribed more than half the total issue size at the end of Day 1 bidding, with institutions already bidding for more than 90% of their quota. KFin Tech’s Rs 1,500-crore IPO opened for subscription today; the bidding ends on Wednesday, 21 December 2022. Two years ago, KFinTech’s rival CAMS shares listed […]
Russian attacks on southern Ukraine’s Kherson region killed five civilians on Sunday, Ukrainian officials said, while Russian-installed officials in the eastern town of Horlivka said one person was killed in result of Kyiv’s shelling. Russian forces abandoned the city of Kherson, the administrative centre of the Kherson region on the Dnipro River in southern Ukraine, […]
Mamaearth, a Gurugram-based startup which manufactures and sells personal care products, has filed a draft red herring prospectus (DRHP) with markets regulator Sebi to raise funds through an initial public offering (IPO). The direct-to-consumer (D2C) startup’s IPO will comprise fresh issue of equity shares aggregating up to Rs 400 crore and an offer for sale […]
Foreign institutional inventors (FII) sold shares worth a net Rs 497.65 crore while domestic institutional investors (DII) purchased shares worth a net Rs 1285.74 crore on Monday, December 26, 2022, according to the data available on NSE. For the month till December 26, FII sold shares worth a net Rs 8,967.18 crore while DII bought […]
By Sameet Chavan The weakness in the global market led to a mild start in Indian equities, wherein the benchmark index opened tepid on the weekly expiry session on Thursday. Soon after, the bulls grabbed the opportunity and made a modest recovery in the index, but the correction got triggered again at the higher levels. […]
The Indian rupee fell 12 paise to 81.52 against the US dollar in the early trade on Monday. The local unit is expected to appreciate amid weakness in the dollar and rise in risk appetite in global markets. Market sentiments are expected to improve further on hopes the US Fed will reduce the pace of […]
Domestic stock indices Sensex and Nifty opened in green on Thursday with the 30-share BSE benchmark trading 159.72 points or 0.26% higher at 61,226.96 and the NSE Nifty 50 was up 20.10 points or 0.11% at 18,219.20. Sun Pharma, Bharti Airtel, HCL Tech, Infosys and Kotak Bank were the top gainers while Tata Motors, Axis […]
By Milan Vaishnav, CMT, MSTA As the calendar year 2021 drew to a close, it left some important footmarks in the history of the Indian capital markets. We can fairly say that the year stayed eventful in ways more than one. On one hand, the year saw the completion of an unabated 11,000 point rally […]