Mamaearth parent company Honasa Consumer’s proposed Rs 2,900 crore IPO has raised valuation concerns among investors and market experts. Honasa has filed DRHP with SEBI for an IPO with a combination of a fresh issue of Rs 400 crore, and an offer-for-sale (OFS) of 46.8 million shares, reportedly totalling up to Rs 2,900 crore. The […]
By Rohan Patil Last week was a very volatile week for the Indian bourses as well as for the entire global market. Every alternate day Nifty changes its candle colour and the major gap up and gap down was the main pain for the benchmark index. Till the last day of the trading week, the […]
Indian high-frequency economic data, comfortable forex reserves and measures from RBI and the government will protect the rupee from sharp depreciations in the event of FPIs again turning net sellers, Dilip Parmar, Research Analyst, HDFC Securities, said. In an interview with Surbhi Jain of FinancialExpress.com, Dilip Parmar said that the overall bias for the dollar […]
By Nagaraj Shetti After showing massive upside recovery from the lows on Monday, Nifty slipped into weakness amidst a range movement on Wednesday and closed the day lower by 187 points. A small body of positive candle was formed at the lows with upper and lower shadow, which indicate a formation of Doji or high […]
By Vinay Rajani After a huge up move on May 17, the Nifty consolidated throughout the day on May 18 and closed on a flat note. Nifty reversed the trend toward north after finding forming a triple bottom at 15740 odd levels. Nifty managed to hold its level above February 2022 bottom of 15670. FIIs […]
Asian share markets fell along with oil prices on Thursday as soaring COVID cases in China unsettled investors who have been expecting the world’s second biggest economy to regather momentum after the relaxation of stringent COVID curbs. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.06%, and was set for a third straight […]
Bulls staged a comeback on Dalal Street on the monthly F&O expiry day as domestic indices NSE Nifty and BSE Sensex rebounded after trading in the red. Nifty recovered 200 points from its intraday low and closed at 18191, while Sensex gained 0.3% to settle at 61,133. From dropping over 0.5% intraday, Bank Nifty trimmed […]
Stock Market Today, Nifty, Bank Nifty: Nifty and Sensex may remain under pressure on Wednesday amid negative global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 60 pts or 0.34% lower at 17,514.50 in the early morning trade. Asian markets were trading mostly in red with Japan’s Nikkei 225 falling 1.27%, Asia […]
By Bhavik Patel In last three months, gold was up by around 8% in COMEX and as markets are counting on the Federal Reserve to slow down its rate hike pace as inflation starts to cool but Fed did suggest that terminal rate is still far from current projection. Much awaited correction in both gold […]
Asian shares inched higher on Thursday after the Federal Reserve hinted it could pause interest rate hikes following turmoil in the banking sector, though it also reiterated its commitment to fighting sticky inflation. In a widely expected move, the Fed raised interest rates by 25 basis points but recast its outlook to a more cautious […]