Udayshivakumar Infra’s Rs 66 crore IPO opened for subscription on Monday and will conclude on Thursday, 23 March. The price band for the IPO has been fixed at Rs 33-35 a share. Udayshivakumar Infra IPO comprises a fresh issue of two crore equity shares. Ahead of the IPO, the issue was opened for anchor investors […]
By Rajesh Palviya On the daily chart the index has formed a bearish candle with a long upper shadow indicating selling pressure as well as resistance at higher levels. The index is moving in a Higher Top and Higher Bottom formation on the daily chart indicating a sustained up trend. The chart pattern suggests that […]
Navratri Share Trading Private Ltd bought 4,50,000 shares of Ajooni Biotech Ltd (AJOONI) at Rs 7.20 per share. Hermes Global Fund sold 28,47,411 shares of Cerebra Int Tech Ltd (CEREBRAINT) at Rs 26.97 per share. Manish Jalan sold 1,20,000 shares of Jalan Transolu. India Ltd (JALAN) at Rs 14.60 per share. Gunda Madhusudhan sold 30,000 […]
By Bhavik Patel Gold and Silver prices saw sharp run up this week on back of safe-haven demand. Fears of a global financial crisis are increasing after the sharp fall of Credit Suisse bank. The banking turmoil started last week in the US which was the biggest bank failure since the 2008 Great Financial Crisis. […]
Domestic equity indices rallied over 1.5% on Friday with Sensex closing above 60,800 and Nifty 50 settling above 17,850. During the day indices remained volatile, but towards the end of the session, they surged, ending broadly in green. The top gainers of the BSE Sensex were Titan (up 6.87%), Bajaj Finserv (up 5.15%), Bajaj Finance […]
Capital markets regulator Sebi has returned the draft IPO papers of non-banking financial company Akme Fintrade (India) Ltd, a move that might delay the company’s initial share sale. The proposed initial public offer (IPO) comprised fresh issuance of 1.1 crore equity shares with no offer for sale (OFS) component. Proceeds of the issue are proposed […]
Shares of Cipla on Monday ended over 6 per cent lower after the company received ‘Form 483’ with eight observations for its Pithampur-based manufacturing facility. The stock declined 6.02 per cent to settle at Rs 964.05 apiece on the BSE. During the day, it tumbled 6.78 per cent to Rs 956.20. On the NSE, it […]
By Nagaraj Shetti After showing upmove with high volatility on Tuesday, Nifty showed a sustainable follow-through upmove on Wednesday and closed the day higher by 184 points. The opening upside gap remains unfilled. A reasonable long bull candle was formed on the daily chart with gap up opening (back to back second opening upside gap […]
In response to a series of security incidents attributed to the Iranian-backed Houthi group in the Red Sea, the Indian Navy has strategically positioned heavily armed destroyers, namely INS Kochi, Kolkata, Mormugao, and the frigate INS Trishul. The recent successful escort of MV Chem-Pluto to Mumbai, which suffered a drone strike causing no significant damage, […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of only one stock/security on Friday, January 6, 2023. Indiabulls Housing Finance is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Friday. According to the NSE, the stock mentioned above is prohibited in the […]