Domestic indices were trading lower on Tuesday. The BSE Sensex fell 65.26 pts or 0.11% to 58,172.59 and NSE Nifty 50 fell 13.95 pts or 0.08% to 17,140.35. Bank Nifty fell 63.85 pts or 0.16% to 39,500.85. The top gainers on Nifty 50 were Titan (up 2.16%), Tata Steel (up 1.31%), SBI Life (up 1.30%), […]
Landmark Cars shares listed at a 7% discount below IPO price on NSE and BSE amid negative domestic market. Landmark Cars stock made its market debut at Rs 471.3 on the BSE, as compared to the public issue price of Rs 506. The scrip shortly thereafter fell to Rs 446 per share, down 10%. A […]
Capital markets regulator Sebi on Monday cancelled the registration of three entities — Kaynet Capital, Kaynet Commodities and Kaynet Finance — as stock brokers for not meeting the conditions required under intermediaries rules. In addition, the Securities and Exchange Board of India (Sebi) has cancelled the registration of Kaynet Capital as depository participant. Irrespective of […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to six stocks/securities on Friday, December 16, 2022. Indian Railway Catering and Tourism Corporation (IRCTC), Punjab National Bank (PNB), Bharat Heavy Electricals Limited (BHEL), Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Indiabulls Housing Finance and Delta Corp are the […]
Termed as the project of national importance, India’s longest train tunnel Pir Panjal (or T-80) is the only broad gauge mountain railway in the country that stretches through the Pir Panjal mountain range between Quazigund and Baramulla in Jammu and Kashmir. The 11.2km long tunnel is a part of the 272km Udhampur – Srinagar – […]
Shares firmed on Monday as optimism over corporate earnings and China’s reopening offset concerns the Bank of Japan (BOJ) might temper its super-sized stimulus policy at a pivotal meeting this week, while a holiday in U.S. markets made for thin trading. The yen climbed to its highest since May after rumours swirled the BOJ might […]
ICICI Prudential Mutual Fund has rolled out its latest campaign ‘#KisneKhaya’ based on the thought “Where’s my money going?”. As per the company, the question has got many people talking and is about the diminishing value of savings that is often missed by the young or unseasoned investor who works hard to save up money […]
Indian benchmark indices are likely to continue their losing streak to open in the red, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower, down 52 points, at the 17,385 level. On Friday, markets extended losses for a second session, pulled down by negative global cues. At close, Nifty was down 177 […]
By Ruchit Jain Post last week’s expiry, we witnessed some volatility the previous Friday due to negative news flows in the Oil & Gas sector resulting in a sharp correction in the index heavyweights such as Reliance and ONGC which dragged the Nifty towards 15500. However, we did not witness any short formations in the […]
Oil prices rebounded on Thursday after opening the year down more than 9%, the worst yearly start in over three decades, as investors took advantage of the decline to buy futures on expectations long-term fuel demand will remain steady. The bounceback followed two days of steep declines to start off 2023 as investors worry about […]