By Rajesh Palviya Nifty started last week on a flat note however selling pressure throughout the week led the index to end on a weak note. Nifty closed at 17476 with a loss of 309 points on a weekly basis. On the weekly chart the index has formed a long bearish candle forming lower High-Low compared to […]
Domestic indices opened broadly higher on Wednesday despite negative sentiment in the global markets. The NSE Nifty 50 rose 110.60 pts or 0.64% to 17,414.55 and BSE Sensex climbed 368.96 pts or 0.63% to 59,331.08. The top gainers on Nifty 50 were Adani Enterprises (up 8.42%), Hindalco (up 3.04%), Mahindra & Mahindra (up 2.56%), Adani […]
The rupee appreciated 21 paise to close at 81.74 (provisional) against the US dollar on Wednesday, tracking the weakness of the American currency in the overseas market.Forex traders said a positive trend in domestic equities also supported the local unit.At the interbank foreign exchange market, the local unit opened at 82 against the US currency […]
Mankind Pharma IPO opened for subscription on 25 April and the issue has been fully subscribed at 2.13 times on day 3, with total bids of 5.98 crore shares for the 2.8 crore shares offered. Qualified institutional buyers (QIBs) subscribed for 573% of their reserved portion, demonstrating high interest in the issue. The portion for […]
The rupee fell 40 paise to close below the 82 per US dollar mark on Thursday, weighed down by foreign fund outflows and corporate dollar demand. At the interbank foreign exchange market, the rupee opened at 81.81 against the greenback, and touched an intra-day high of 81.71 and a low of 82.20. Also read: Markets […]
By Siddhant Mishra The Securities and Exchange Board of India (Sebi) has directed exchanges and clearing corporations to set up a platform by October 2023, the purpose of which would be to protect investors against any disruption of services at the trading members’ (TM) end. As a result, a platform to provide an Investor Risk […]
By Rahul Sharma Markets and the economy have come a long way from where we were last year. Uncertainty and doubt have been replaced by optimism and positivity. Good quarterly earnings, decent monsoon, India’s vaccination drive, festival demand, consumer spending picking up and low-interest rates all have ensured that Nifty has stayed right on top […]
Nikhil Kamath is still not looking to buy new-age internet companies such as Nykaa, Paytm, Zomato and others despite their strong correction so far this year. “I don’t like companies which do not make a profit, because I like valuing companies as a multiple of profit,” the co-founder of True Beacon and Zerodha told FinancialExpress.com. […]
Stock market crash today: Domestic indices pared early gains and fell over 1% in the intraday trade on Monday. The Nifty 50 fell 277 pts from the day’s high of 17,529.90, trading at 17,252.25 and BSE Sensex crashed 1000 pts from its intraday high of 59,510.92 and was trading at 58,474.02. Following the downward trend, […]
Shares of Adani Group firms ended on a mixed note on Thursday after rallying in the morning trade amid volatile trend in the broader market. Adani Wilmar stock climbed 5 per cent, NDTV rallied 4.99 per cent, Adani Power jumped 4.97 per cent, Adani Ports advanced 1.45 per cent, Adani Enterprises ended 1 per cent […]
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