By Manish Chowdhury In the recent past, there has been a flurry of Small and Medium-sized Enterprises (SME) listing compared to the main board listing on the National Stock Exchange (NSE). To put things in perspective, the number of SMEs taking the IPO path stood at 109 in 2022, compared to 59 in 2021, a […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity indices concluded Monday’s session broadly higher with Sensex closing the day above 60,700 and Nifty above 18,100. Both indices after opening in green pared some gains in the intraday trade. The BSE Sensex rose 846.94 points or 1.41% ending at 60,747.31 and NSE […]
Oil prices rose slightly in thin Asian trade on Thursday, pausing from a six-day losing streak fed by mounting concerns that more aggressive interest rate increases by central banks could pressure economic growth and fuel demand. Brent crude futures rose 2 cents to $80.62 per barrel by 0110 GMT. West Texas Intermediate crude futures (WTI) […]
After an IPO drought that began January onwards, March saw three IPOs open for subscription. The trickle is to turn into a flood as a series of companies file their DHRPs and plan on opening for subscription for their respective public issues. Here’s a look at some of the companies that have filed their DRHPs […]
By Rajesh Palviya SAMVAT 2078 will be a year of balance sheet leverage, led by significant improvement in corporate profitability. Cumulative and rolling net profit of NSE 500 universe or the last four quarters has touched an all-time high with loss-making sectors turning positive and significantly contributing to the net profitability. Moreover, ROE or the […]
ITC share price rose 1% to Rs 402.6 and hit a fresh all-time high today after the firm informed stock exchanges that it is set to acquire Sproutlife over the next three to four years. Meanwhile, Rajiv Jain-led GQG Partners Emerging Markets Equity Fund increased its stake in ITC for the third straight quarter in […]
Morgan Stanley Capital International (MSCI) on Thursday cut the free-float designations of four Adani group stocks, a move that analysts have warned could impact index weightings. The index provider said in a statement it has reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and ACC. The remaining Adani group companies’ free […]
By Rajesh Palviya NSE Nifty 50 started the previous week on a negative note and traded with extreme volatility on either side throughout the week. Nifty 50 index closed at 16,584 with a gain of 232 points on a weekly basis. On the weekly chart, the NIfty 50 index has formed a “Doji” candlestick formation […]
Markets regulator Sebi has simplified the procedural requirements for onboarding of Foreign Portfolio Investors (FPIs) in a bid to facilitate ease of doing business and to reduce the time taken for their registration. The regulator allowed designated depository participants (DDPs) to grant FPI registration on the basis of scanned copies of application forms and supporting […]
Hindustan Unilever Ltd (HUL) share price tanked 2.1% to Rs 2,467.6 today, despite the company’s fourth quarter financial results meeting analysts’ expectations. The company reported an 8.6% on-year rise in its net profit at Rs 2,561 crore and a 10.5% jump in revenue at Rs 15,215 crore. HUL also approved a final dividend of Rs […]