By Bhavik Patel Gold has touched $2000 on fear of further banking turmoil and the Fed’s message about a potential pause in tightening. Gold is attracting new buyers as many traders remain nervous post-Fed and over how quickly will U.S. authorities be able to contain further banking turmoil. The ETF buyer is also supporting gold, […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of only one stock/security on Friday, December 23, 2022. Indiabulls Housing Finance is the only stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Friday. According to the NSE, the above-mentioned stock is prohibited in the […]
Indian stock indices ended Wednesday’s volatile session in the red with Sensex closing the day above 60,100 and Nifty below 17,900. The top gainers of the BSE Sensex were Sun Pharma (up 1.70%), UltraTech Cement (up 1.58%), HDFC Bank (up 1.37%), TCS (up 1.30%) and Tata Motors (up 1.21%) while Bharti Airtel (down 3.46%), Hindustan […]
SGX Nifty hints at a positive open for domestic benchmark indices as Nifty futures are trading marginally higher at 17995 level on the Singapore Exchange. In the previous session, BSE Sensex plunged 632 pts to 60,115, while NSE Nifty 50 shed 187 pts to 17,914. “We expect Nifty to move in a broader range ahead […]
The market for Gaucher disease, a rare inherited metabolic disorder characterized by hepatosplenomegaly, bone disease, and anemia, is set to experience a compound annual growth rate (CAGR) of 0.79% across the seven major markets (7MM) from $1.2 billion in 2022 to $1.3 billion in 2032, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest […]
The Securities and Exchange Board of India (Sebi) has asked Oravel Stays, the parent company of travel tech firm Oyo, to refile the draft papers for its initial public offering (IPO) with applicable updates and revisions. The offer document was returned to the company with the said advisory on December 30, according to an update […]
The private equity and venture capital industry is batting for parity in terms of capital gains tax and holding periods between unlisted and listed securities. The listed shares are considered long term if held for more than 12 months. For unlisted shares this period is 24 months. Short term capital gains for listed shares are […]
Indian benchmark indices are likely to open on a mildly positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at the 17,629 level. In the previous session, Sensex closed in the red at 59,606, down 0.23% and the Nifty extended losses for a fifth session. “The equity market traded […]
Infosys shares were trading marginally higher on Friday at Rs 1,484 on NSE after the company reported a 13.4% rise in its consolidated net profit for the quarter ended December 2022 at Rs 6,586 crore on January 12. The company’s consolidated revenue from operations increased 20.2% to Rs 38,318 crore against Rs 31,867 crore in […]
Asia’s shares pared losses on Tuesday as China’s economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, a smaller decline than the 0.4% fall earlier in the session. China‘s economy grew 4.5% year on year for […]