Foreign institutional investors (FII) sold shares worth a net Rs 760.51 crore while domestic institutional investors (DII) bought shares worth a net Rs 1144.75 crore on Tuesday, January 24, 2023, according to the data available on NSE. For the month till January 24, FII sold shares worth a net Rs 20,860.49 crore while DII bought […]
Mahindra & Mahindra (M&M) has has corrected 20% in the past couple of months due to fears of El Nino impacting tractor demand in FY24 along with receding waiting period of its UV portfolio. In the past 15 years, on four occasions of El Nino, tractor volume declined by an average of 12%. Thus, we […]
The Rs 865 crore initial share sale of electronic manufacturing services firm Avalon Technologies will open for public subscription on April 3. The three-day initial public offering (IPO) will close on April 6, and the bidding for anchor investors will open on March 31, according to the red herring prospectus (RHP). Earlier, it was looking […]
Staying true to the prediction by the India Meteorological Department, a dense fog engulfed Delhi on Tuesday morning as the mercury level hovered around 7 degree Celsius. As a result, the visibility at Delhi’s main weather station at Safdarjung was 200 metres at 5:30 and while the visibility at Palam was 100 metres. After the […]
Shoppers Stop’s beauty segment grew by 29 per cent for the fourth quarter of financial year 2022-23 with the company’s consolidated revenue at Rs 923.90 crore for the quarter. Shoppers Stop benefitted from a strong demand for beauty products and also higher margin private-label clothing. “The Beauty segment grew by 29 per cent. For the […]
SGX Nifty traded in the red, indicating a lower start for the domestic Indian equity markets at 17,514, down 61 points. On Monday, markets extended their gaining streak, as Nifty rose 0.22% to 17,398, while Sensex added 114 points to settle at 59,106. Markets were closed on Tuesday, 4 April on account of Mahavir Jayanti. […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Monday as a result of positive global cues, while the silver rate is up 0.72%. On Multi Commodity Exchange, gold February futures were trading at Rs 56,057 per 10 grams, up Rs 314 or 0.56%. Silver March futures were trading […]
The Securities and Exchange Board of India (Sebi)’s recent consultation paper which proposes that at least one sponsor of a REIT (real estate investment trust) or InvITs (infrastructure investment trusts) should remain invested in them for the entire tenure comes at a time when these relatively-new investment vehicles are seeing good traction. INvITs and REITs […]
The Poco X6 Pro is confirmed to launch in India soon. Poco hasn’t specified the model yet, but unless Poco pulls a rabbit out of its hat on D-day, that’s the phone we’re likely to see headlining the upcoming “Poco X6 series.” The Xiaomi spin-off is also sharing another juicy detail which confirms the phone […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the negative on Thursday, while the silver rate is down 0.53%. On Multi Commodity Exchange, gold June futures were trading at Rs 59,785 per 10 grams, down Rs 60 or 0.10%. Silver May futures were trading lower by Rs 396 at […]
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