Mankind Pharma shares listed at 20.37% premium over IPO price on NSE and BSE amid positive domestic market. The share debuted at Rs 1300 on the stock exchanges, as compared to the issue price of Rs 1080. The scrip touched a high of 22.87% at Rs 1,327 per share. A positive listing was expected as […]
The Securities and Exchange Board of India (Sebi) has extended the suspension on derivatives trading of seven commodities for one more year till December 20, 2023. The ban was on paddy (non-basmati), wheat, chana, mustard seeds, soyabean, crude palm oil and moong. The industry had hoped the ban would be relaxed as retail inflation as […]
The Securities and exchange board of India has banned 31 individuals including Arshad Warsi and his wife Maria Goretti Warsi from buying, selling or dealing in securities for manipulating shares of Sadhna Broadcast by uploading misleading videos on YouTube. Capital markets regulator SEBI said that promoters of Sadhna Broadcast, and Arshad Warsi, along with Manish […]
Edelweiss Group chairman Rashesh Shah believes one reason why risk-taking by the private sector isn’t coming back is because promoters are wary of taking on debt even though equity is available. Shah tells Shobhana Subramanian the new generation of businessmen prefers to invest in existing business rather than set up capacity on their own. We […]
Aayush Agrawal Trust sold 38,53,959 shares of Ajanta Pharma Ltd (AJANTPHARM) at Rs 1160.10 per share. Multiplier Share & Stock Advisors Pvt Ltd sold 51,000 shares of Arham Technologies Ltd (ARHAM) at Rs 76.82 per share. Niteshkumar Dhanjibhai Patel bought 6,21,300 shares of Cerebra Int Tech Ltd (CEREBRAINT) at Rs 13.60 per share. Poddar Vijay […]
A report on the capital markets by Nielsen for SAMCO Securities has found that 67% of market participants failed to beat the benchmark returns. Further, most Indian investors and traders also fail to even generate benchmark threshold returns. Lack of a trading system, fault performance measurement, investment decisions driven by emotions in times of greed […]
Tango Commosales LLP bought 2,00,000 shares of Akash Infra-Projects Ltd (AKASH) at Rs 28.80 per share. Expertpro Realty Pvt Ltd bought 2,58,800 shares of AKG Exim Ltd (AKG-RE) at Rs 18.05 per share. Saharsh Yarn Pvt Ltd sold 1,42,000 shares of Asian Hotels (North) Ltd (ASIANHOTNR) at Rs 79.62 per share. Bhavin Shailesh Kamani bought […]
By Shivangi Sarda Nifty 50 index opened negative on Wednesday but took support at 17500 marks and moved in a positive to range-bound manner throughout the session. It failed to surpass the previous day’s highs but declines were being bought to settle the day above 17600 zones. Buying was visible at support zones but lack […]
A day after fast-moving consumer goods major Hindustan Unilever announced an 80-bps increase in its royalty and central services fee to parent Unilever, the stock price fell 3.84% on Friday to close at Rs 2,548.35 on the BSE. This led to a Rs 23,942.35-crore loss in market cap in a single trading session. Some brokerage […]
Despite hardening property prices and home loan interest rate hikes in early 2023, it has been a superlative year for Indian residential real estate. Latest ANAROCK Research data indicates that housing sales in the top 7 cities have created a new peak in 2023, breaching the previous high of 2022. Approx. 4,76,530 units were sold […]