Benchmark indices NSE Nifty and BSE Sensex ended Thursday’s muted session flat. The NSE Nifty 50 rose 5.70 points or 0.03% to 17,624.45 and BSE Sensex rose 64.55 points or 0.11% to 59,632.35. In sectoral indices, Bank Nifty rose 115.50 points or 0.27% to 42,269.50 and Nifty Pharma fell 140.05 points or 1.11% to 12,485.25. […]
Amit Kumar Jain HUF bought 8,69,714 shares of Agri-Tech (India) Ltd (AGRITECH) at Rs 110.18 per share. Navratri Share Trading Pvt Ltd sold 4,52,000 shares of Ajooni Biotech Ltd (AJOONI) at Rs 6.25 per share. Yellowstone Ventures LLP sold 91,200 shares of Atal Realtech Ltd (ATALREAL) at Rs 75.57 per share. Prashant Narinderlal Chadha bought […]
Indian benchmark indices closed the session in deep red, extending losses for the fourth straight day. BSE Sensex fell over 980 points to end at 59,845.29, while NSE Nifty 50 plunged 300 pts to end just above 17800. Adani Ports, Adani Enterprises, Hindalco Industries, Tata Steel and Tata Motors were among the biggest Nifty losers. […]
By Rahul Shah Bulls attempted a comeback in the Indian bourses last week as Sensex and Nifty managed to end in positive territory despite most of the global markets closing on a negative note. Soft oil price, favourable government policy, improved GST collection (Rs 1.44 lakh crore, up 56.5% YoY) and impressive June auto monthly […]
By Gautam Baid Berkshire Hathaway’s annual “Woodstock for Capitalists” was held on 30 April. After two years of virtual annual meetings, the energy and enthusiasm among attendees was high for this year’s meeting. This was the first in-person meeting that I attended since 2019. Tens of thousands of shareholders came to hear what the iconic […]
Compared with a year-and-a-half ago, when its economy had just begun to reopen after a devastating surge of the delta variant, India’s stock market is unchanged in dollar terms. And yet, its weight in the MSCI Emerging Markets Index has zoomed past Taiwan and South Korea to second place, with almost the entire gain coming […]
Around 19,700 GPS-based navigation devices, known as Fog Pilot Assistance System for Safety (FogPASS), are helping loco pilots operate trains around the country with minimal disruptions and delays while keeping the passenger’s safety on priority, Railways officials said. Officials say that as fog has begun to affect visibility in the morning hours, these devices are […]
By Sachin Verma The networking accessories industry is experiencing fast-paced development across the globe, and consequently, it has impacted the Indian market too. According to Fact.MR, the global cable and connector market is worth $10 billion. The ever-growing demand for high-speed internet contributes to the growth of this sector and the total revenue is expected […]
By Chandan Taparia Nifty 50 index opened gap up and moved in a positive to range-bound manner throughout the session yesterday. The last hour of the day saw a quick pullback and the index inched towards 17000 zones. It surpassed its previous day’s high and closed with gains of around 180 points. It formed a […]
Abans Holdings IPO, which concluded on 15 December, was subscribed 1.10 times on the last day of the bidding. The IPO received bids for 1.40 crore shares against 1.28 crore on the offer. Qualified institutional buyers (QIBs) subscribed 4.1 times the allotted quota. Meanwhile, high networth individuals (HNIs) bought 1.48 times the reserved portion and […]