Kicking off its campaign for the Lok Sabha elections 2024, the Congress party on Thursday relaunched its promise of the NYAY minimum income guarantee scheme and said it will conduct a nationwide caste census if elected to power. At a mega rally titled ‘Hain Taiyyar Hum’ in Nagpur to mark its 138th foundation day, Congress […]
Hdfc bank’s fourth quarter fiscal year 2023 (Q4FY23) PAT missed estimates by 2.4%, and there was a 4.9% miss in operating profit. The need to increase deposit mobilisation, in which HDFC Bank has outperformed its peers, is causing a drop in loan-to-deposit ratios (LDRs), which is putting pressure on net interest margin (NIM). Additionally, the […]
Manish Verma bought 34,280 shares of Agri-Tech (India) Ltd (AGRITECH) at Rs 118.45 per share. Mansi Shares & Stock Advisors Pvt Ltd sold 76,800 shares of Anlon Technology Sol Ltd (ANLON) at Rs 203.55 per share. Hem Securities Ltd Pms Account bought 2,01,000 shares of Chaman Metallics Ltd (CMNL) at Rs 55.71 per share. Rasiklal […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to four stocks/securities on Thursday, January 19, 2023. Delta Corp, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), L&T Finance Holdings and Manappuram Finance Ltd are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for […]
Indian domestic indices NSE Nifty and BSE Sensex close higher as bulls stage a comeback, snapping a two-day losing streak. Although the markets opened flat, Nifty gained over 150 points to settle above 18,400 at 18,420. Sensex closed up by 0.76%, at 61,806. The broader markets shifted from red to green intraday, with Nifty Next […]
Banking stocks were among the worst hit on Friday as Sensex and Nifty tumbled 2% each. The Bank Nifty, PSU Bank and Private Bank indices were the top losing sectoral indices on the NSE. The 30-share BSE Sensex tanked over 1200 points, falling below 59,000 points, and NSE Nifty 50 fell 400 points to below […]
Foreign institutional investors (FII) sold shares worth a net Rs 872.59 crore while domestic institutional investors (DII) purchased shares worth a net Rs 372.87 crore on Wednesday, December 28, 2022, according to the data available on NSE. For the month till December 28, FII sold shares worth a net Rs 10,707.42 crore while DII bought […]
Billionaire Anil Agrawal-led Vedanta Ltd stock continued to fall on Tuesday, tumbling down nearly 9% at Rs 261.95. Earlier this month, the government opposed the company’s proposal to sell its international zinc business to Hindustan Zinc Ltd for $2.98 billion over valuation concerns. According to reports, the government threatened to take legal action to stop […]
Maybe now more so than ever, the investment strategy of loading up on pick-and-shovel makers during the middle of a gold rush is playing out in the cryptocurrency world. Shares of Bitcoin miners such as Marathon Digital Holdings and Riot Platforms are significantly outperforming the largest digital currency, posting gains this year of more than […]
Mankind Pharma IPO: Mankind Pharma, backed by ChrysCapital, has set the price band for its public issue at Rs 1,026-1,080 per equity share of face value Re 1 each. At the upper end of the price band, the company’s promoters and shareholders seek to raise Rs 43,264 crore from the IPO. Mankind Pharma’s IPO will […]