Companies that availed of production-linked incentives invested as much as Rs 32,500 crore in the first half of the current fiscal year, taking the total investments enabled by the performance-linked sops to over Rs 95,000 crore, official sources said on Tuesday. In the first six months of FY24, the PLI-supported units achieved incremental sales and […]
Mankind Pharma IPO: Mankind Pharma’s Rs 4,300-crore IPO opened for public subscription today, i.e., Tuesday, April 25, and will close on Thursday, 27 April. The bidding for anchor investors concluded on Monday. Ahead of the public issue, Mankind Pharma shares’ GMP rose to Rs 92 per equity share, 8.5% over the upper end of the […]
By Shrikant Chouhan NSE Nifty 50 bounced back sharply on Tuesday, ending 509 points higher while the Sensex rallied by 1,736 points. Technically, after a sharp fall, the Nifty 50 index took the support near 200 days SMA and reversed sharply. On daily charts, the 50-stock index formed a long bullish candle indicating continuation of […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading lower on Wednesday as a result of negative global cues, while the silver rate is down 0.42%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,533 per 10 grams, down Rs 217 or 0.38%. Silver March futures were trading […]
By Rohan Patil Bears are getting aggressive on Dalal Street and have closed forcefully below its 21-week exponential moving average on the weekly time frame. Benchmark index has closed three per cent lower on the weekly basis and has engulfed its previous week’s green candle and formed a bearish engulfing candlestick pattern. On the daily […]
Taiwanese and South Korean stock markets ended Monday’s session in the red territory following the mixed sentiment in global markets. FTSE TWSE Taiwan 50 Index fell 121.02 points or 1.11% to 10,763.22 and KOSPI Composite Index declined 54.57 points or 2.34% to 2,278.22. The Taiwan 50 Index touched an intraday high of 10,884.24 and a […]
By Rahul Shah Equity benchmark Index completed their biggest weekly decline since November, as concerns about policy moves by U.S. Federal Reserve, a spike in US Bond Yield and a rally in crude oil prices dented investors’ appetite for riskier emerging-market assets. Moreover, continued FII selling and mixed bag on corporate earnings dampened the market […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:The oil prices in the country have not been changed on 1 January 2023 and costs have been steady for about seven months now. The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty […]
By Ashok Gulati Let me begin by wishing the readers a very happy Christmas. May we all receive the gifts of peace and prosperity. When we talk of prosperity—individual or national—a lot depends upon individual efforts as also on the socio-economic framework in which one operates. The Bharatiya Janata Party (BJP) has recently won three […]
Nexus Select Trust REIT IPO: Blackstone-backed Nexus Select Trust REIT’s Rs 3,200 crore IPO opened for subscription on 9 May. The issue’s price band has been set at Rs 95-100 per unit. The public offering comprises a fresh issue of units up to Rs 1,400 crore and an offer for sale (OFS) component with unitholders […]
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