Domestic indices suffered huge losses on Wednesday dragging Nifty 50 below 17,560 and Sensex below 59,750. Bank Nifty breached the crucial level and closed below 40,000 as the negative global market sentiments triggered bloodbath on Dalal street. The only gainers on the Nifty 50 were ITC (up 0.50%) and Bajaj Auto (up 0.26%) while Adani […]
The year 2022 was the year of returning to normalcy after the pandemic hit. During the year, Indian economy dealt with supply bottlenecks caused due to geopolitical issues, hot inflation, and sluggish growth. However, the Indian economy, and accordingly stock markets, outperformed. While equity markets globally have fallen so far this year, Indian benchmark indices […]
The National Stock Exchange (NSE) on Monday said it would include Zee Entertainment Enterprises Ltd (ZEEL) back into the futures and options segment. This comes after the National Company Law Appellate Tribunal (NCLAT) stayed insolvency proceeding against Zee Entertainment on Friday. The NCLAT order is a major reprieve for ZEEL, which is merging with rival […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Thursday’s volatile session in the positive territory, but despite multiple attempts Nifty failed to settle above 17000. The NSE index rose 13.45 pts or 0.08% to 16,985.60 and BSE Sensex climbed 78.94 pts or 0.14% to 57,634.84. Bank Nifty rose 81.10 pts […]
By Chandan Taparia Nifty 50 index opened gap up and moved in a positive to range-bound manner throughout the session yesterday. The last hour of the day saw a quick pullback and the index inched towards 17000 zones. It surpassed its previous day’s high and closed with gains of around 180 points. It formed a […]
Abans Holdings IPO, which concluded on 15 December, was subscribed 1.10 times on the last day of the bidding. The IPO received bids for 1.40 crore shares against 1.28 crore on the offer. Qualified institutional buyers (QIBs) subscribed 4.1 times the allotted quota. Meanwhile, high networth individuals (HNIs) bought 1.48 times the reserved portion and […]
India’s petrol and diesel demand soared in December as increased consumption in the agriculture sector helped build on the momentum generated by the festive season, preliminary industry data showed on Sunday. Petrol sales soared 8.6 per cent to 2.76 million tonnes in December, as compared to 2.54 million tonnes of consumption in the same month […]
Tata Motors, one of the country’s biggest automotive companies, will explore partial divestment of its stake in Tata Technologies through an initial public offering (IPO). This comes after the Tata group recently filed a confidential draft red herring prospectus (DRHP) for Tata Play, which would be its first IPO in more than 18 years. The […]
By Nagaraj Shetti After showing a sustainable upside bounce on Tuesday, Nifty witnessed sell on rise action on Wednesday and closed the day lower 88 points. A reasonable negative candle was formed on the daily chart that has partially engulfed previous bull candle. Technically, this pattern signal weak upside bounce in the market. This market […]
The Indian share market outshined global markets in 2022 despite global headwinds such as high inflation, rising interest rates, currency swings, geopolitical uncertainties, and the onslaught of FII selling. So far this year, Nifty has gained around 3%, compared to a 10-20% fall in most of the global indices. The outperformance has been driven by […]
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