By Sameet Chavan The Indian equity market has seen an immensely volatile weekly expiry session on Thursday, wherein the benchmark index started the session on an optimistic note. The initial buoyant move in the index got aggressively sold into, dragging it towards the day’s low, but soon after, it recouped from the lows and once […]
By Niranjan Avasthi A trend in markets can be a double-edged sword. There are some who gain from a trend while there are many who may lose from a trend. A case in the point is the recent investors’ frenzy in India’s primary or Initial Public Offering (IPO) market. According to estimates, more than 36 […]
The overall equity fundraising in the country is expected to touch $25 billion and the IPO market would grow 30% in calendar year 2023, despite sharp declines last year, according to Kotak Investment Banking. The equity fundraising is expected to reach pre-Covid levels this year. It fell by about 43% to $16.4 billion in 2022, […]
A man was fatally shot and three people were hurt as gunfire rang out at a shopping center in Colorado on Christmas Eve, police said Sunday. A fight broke out between two groups of people in the afternoon at the Citadel Mall in Colorado Springs and officers received a report of gunshots and responded, the […]
By Rahul Shah Benchmarks of equity index edged lower in the holiday curtailed week which ended on April 13. The Sensex and Nifty fell nearly 2 per cent each in the three-day trading week with both the benchmarks declining in all the three sessions and ended 58339 and 17476 respectively. Auto, banking, tech stocks witnessed […]
The IPO train is unlikely to slow down this month as nearly Rs 2,000 crore worth of initial public offerings (IPOs) will hit Dalal Street next week, taking the total number of IPOs in December to five. So far this year, 36 IPOs have hit the market, raising nearly Rs 62,000 crore. With the two […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Friday as a result of positive global cues, while the silver rate is down 0.34%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,820 per 10 grams, up Rs 125 or 0.22%. Silver March futures were trading […]
Mid and smallcap stocks have shown signs of recovery, with the BSE Midcap and BSE smallcap indices rising 5.8% and 7.7%, respectively, since March 28. Analysts attribute the recent run-up to moderation in commodity prices, attractive valuations, and expected improvements in earnings. In the past few months, the bulk of the mutual fund flows came […]
By Nuvama Research Rural FMCG demand will remain weak in Q3FY23. Granted, overall rainfall has been ample, but the metric discounts the deficit in 3-4 populous states and overall inflation remains a spot of bother. Lower-end of the rural job market seems upbeat, but still these are early days and sustainability is crucial. Due to […]
By Subash Gangadharan NSE Nifty 50 has been correcting since last week after touching a high of 18115. These levels also corresponded to a major trend line resistance that has held down the major highs of the last few months. The correction seen over the last few days has led to the Nifty now closing […]
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