IT major Infosys’ share price tanked 1.77% in early trade on Thursday to Rs 1,402.95 per share ahead of its Q4FY23 earnings report. The firm’s share price gained 1.63% in trade on Wednesday, closing at Rs 1,429 per equity share. The company is projected to report moderate growth figures for the quarter concluded in March, […]
By Rahul Shah Truly Amrit Mahotsav in Dalal street, as the nation celebrated 75 year of independence so did the markets. Equity benchmark Index closed nearly 5-month high last week and rallied for the 4th straight week led by banking, metal and energy stocks. Sensex advanced 1075 points or 3% to close at 59,463. Its […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Saturday, 11 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
Mankind Pharma IPO opened for subscription on 25 April and the issue has been booked 0.14 times on day 1, with total bids of 40,57,417 shares. Qualified institutional buyers (QIBs) subscribed for 8% of their reserved portion. Retail investors bid 0.1 times for the shares reserved for RIIs. The NII portion garnered 33% bids so […]
By Shrikant Chouhan The benchmark indices registered a volatile trading session, after a roller coaster momentum the Nifty 50 ended 62 points lower while BSE Sensex fell 105 points. Among sectors, the metal index lost the most, shedding over 5 per cent. Whereas some buying was seen in selective banking and FMCG stocks. Technically, after […]
The euro held at a nine-month high against the dollar, though European stocks eased after regional business activity data reinforced expectations that the European Central Bank (ECB) will raise rates by a further 50 basis points. Euro zone business activity made a surprise return to growth in January, according to a survey – the latest […]
JSW Renew Energy Limited, a wholly owned step-down subsidiary of JSW Energy Limited, on Tuesday announced that it has started phase-wise commissioning of the 810 MW ISTS-connected Wind Power Project awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The Project has a power purchase agreement with […]
By Dharmesh Shah Equity benchmarks snapped past two weeks’ winning spree and concluded the previous week on a subdued note. The Nifty dropped 1.2% to settle for the week at 18115. The broader markets underperformed the benchmark as Nifty midcap and small-cap gained slumped ~5%, each. Sectorally, financials remained outlier while consumption, metal, realty underwent […]
Mid and smallcap stocks have shown signs of recovery, with the BSE Midcap and BSE smallcap indices rising 5.8% and 7.7%, respectively, since March 28. Analysts attribute the recent run-up to moderation in commodity prices, attractive valuations, and expected improvements in earnings. In the past few months, the bulk of the mutual fund flows came […]
By Subash Gangadharan NSE Nifty 50 has been correcting since last week after touching a high of 18115. These levels also corresponded to a major trend line resistance that has held down the major highs of the last few months. The correction seen over the last few days has led to the Nifty now closing […]
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