The inauguration of the Ram Temple in Uttar Pradesh’s Ayodhya on January 22 has become a political issue ahead of a Lok Sabha election due in less than four months. Invitations have been sent to people across the spectrum, but it is those sent to opposition leaders that have become a point of contention. CPI(M) […]
The board of One97Communications, owner of Paytm, on Tuesday approved a buyback of equity shares of the company at a price not exceeding Rs 810 per share and for an amount of up to Rs 850 crore. The firm, backed by Ant Group and Softbank, had cash and equivalents of Rs 9,180 crore at the […]
Leading stock exchange NSE has tweaked the constituents of its major indices with Adani Group’s two companies — Adani Wilmar and Adani Power — all set to make their way into some of the Nifty indices from March 31, 2023. Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani […]
By Rajesh Palviya In Nifty 50 current series, there has been a Short Covering witnessed with increase in price of 6.17% and decrease in OI by -3.21% as of Wednesday wherein there was unwinding of 3.54 lakh shares in OI, decreasing from 110.40 lakh to 106.86 lakh shares. Nifty current month rollover stands at 36%, […]
By Rohan Patil Last week was super volatile for the Benchmark index where prices traded in both directions and kept the traders on the sideline without giving any specific direction. Nifty has formed a Doji candlestick pattern on the weekly chart which indicates indecision among the trades. The immediate support for the Nifty is placed […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Tuesday, February 7, 2023. Adani Ports is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Tuesday. According to the NSE, the stocks mentioned above are prohibited in the […]
Survival Technologies Ltd has received SEBI’s approval to raise Rs 1,000 crore through an initial public offering (IPO). The company filed preliminary IPO papers with the market regulator on December 28, 2022. The public issue consists of a fresh issue of equity shares worth up to Rs 200 crore and an offer-for-sale (OFS) of up […]
By Rajesh Palviya Nifty started the week with an upward gap and buying momentum for the most part of the week led it to close on a strong note. Nifty closed at 18256 with a gain of 443 points on a weekly basis. On the weekly chart, the index has formed a long bullish candle […]
The year 2023 was a high-octane one for the Indian Railways as it introduced many Vande Bharata Express trains and improved the infrastructure of railway stations across the country. However, the year also witnessed some train-related mishaps. Here are some of the steps taken by the national carrier to improve safety in train operations: 2) […]
NSE Nifty 50 and BSE Sensex were trading in red in the intraday trade on Thursday. Nifty fell below the crucial 17750 level and BSE Sensex below 60150. The banking index, Bank Nifty was trading below 41650. The broader indices were trading mixed with Nifty Small Cap 100 and Midcap 100 gaining 0.15% while the […]