Indian benchmark indices are likely to open lower on Friday, hinted SGX Nifty amid weak global cues. Nifty futures were trading 0.6% down at 18,065 level on the Singapore Exchange. In the previous session, BSE Sensex declined 241 points to 60,826, while NSE Nifty 50 fell 72 points to 18,127. “As we step into CY23, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Saturday, 11 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
Benchmark indices BSE Sensex and NSE Nifty traded flat on Thursday, contining their range-bound movement. Nifty traded at 17,830, up 0.09% while Sensex gained 85 points to 60,385. The broader markets traded largely in the positive territory, with Nifty Smallcap 50 higher by 0.82% and Nifty Midcap 50 higher by 0.34%. The sectoral indices traded […]
Four Adani Group stocks hit a lower circuit in the early morning trade on Monday after a ratings outlook cut by Moody’s dampened investors’ sentiment. Adani Green Energy shares were locked in the lower circuit, falling 5% to Rs 687.75 after Moody’s downgraded the company’s outlook to ‘negative’ from ‘stable’. Adani Power shares tanked 5%, […]
Mankind Pharma IPO opened for subscription on 25 April and the issue has been booked 0.14 times on day 1, with total bids of 40,57,417 shares. Qualified institutional buyers (QIBs) subscribed for 8% of their reserved portion. Retail investors bid 0.1 times for the shares reserved for RIIs. The NII portion garnered 33% bids so […]
State-owned lender Punjab National Bank on Friday raised Rs 974 crore via additional tier-1 bonds at 8.75% coupon rate, which is 35 basis points (bps) higher than its previous bond sale in December, according to sources aware of the matter. This was the first big issue of AT-1 bonds by a large bank in India […]
By Shrikant Chouhan The benchmark indices registered a volatile trading session, after a roller coaster momentum the Nifty 50 ended 62 points lower while BSE Sensex fell 105 points. Among sectors, the metal index lost the most, shedding over 5 per cent. Whereas some buying was seen in selective banking and FMCG stocks. Technically, after […]
The euro held at a nine-month high against the dollar, though European stocks eased after regional business activity data reinforced expectations that the European Central Bank (ECB) will raise rates by a further 50 basis points. Euro zone business activity made a surprise return to growth in January, according to a survey – the latest […]
JSW Renew Energy Limited, a wholly owned step-down subsidiary of JSW Energy Limited, on Tuesday announced that it has started phase-wise commissioning of the 810 MW ISTS-connected Wind Power Project awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The Project has a power purchase agreement with […]
By Dharmesh Shah Equity benchmarks snapped past two weeks’ winning spree and concluded the previous week on a subdued note. The Nifty dropped 1.2% to settle for the week at 18115. The broader markets underperformed the benchmark as Nifty midcap and small-cap gained slumped ~5%, each. Sectorally, financials remained outlier while consumption, metal, realty underwent […]
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