Benchmark indices BSE Sensex and NSE Nifty traded higher, snapping an eight-day losing streak. Nifty reclaimed the 17,400 level by gaining 0.66% intraday while Sensex jumped over 300 points to 59,328. The broader markets followed the benchmarks’ cues and traded firmly in the positive territory, Nifty Small Cap 100 and Midcap 100 gained 1.2% and […]
Gold prices are trading near all-time highs after touching fresh peaks in trade on Tuesday. MCX Gold scaled the Rs 61,000/10 grams mark to reach a record high of approximately Rs 61,145/10 grams and is trading at around Rs 61,130/ 10 grams on Wednesday. Gold also crossed the $2000 per troy ounce mark in the […]
Thanks to institutional investors, the governments offer for sale (OFS) in the Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday-Friday received bids worth Rs 5,086 crore, 1.87 times the offered size. According to the BSE data (at 1530 hours) on Friday, non-retail investors put in cumulative bids worth about 74.74 million shares worth Rs […]
Adani Enterprises shares surged 9% to Rs 1862.40 on Tuesday, within minutes after the Gautam Adani-led company reported a rise in attributable PAT to Rs 820 crore, as compared to a loss of Rs 12 crore in the same period of the previous year. The company recorded a 42% increase in total income to Rs […]
The SGX Nifty is trading flat, mildly in the green, higher by 14 points. Nifty futures on the Singaporean exchange are at the 17,699 level, indicating a tepid start for the domestic equity indices, BSE Sensex and NSE Nifty. On Monday, the markets extended their gaining streak for the sixth day, as Nifty rose 24 […]
By Rajesh Palviya In Nifty current series there has been a Long Build Up witnessed with increase in price of 1.50% and increase in OI by 5% as of Wednesday wherein there was addition of 5.18 lakh shares in OI, increasing from 112.89 lakh to 118.07 lakh shares. Nifty current month rollover stands at 15% […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Friday, 21 April across major cities including New Delhi, Kolkata, Mumbai, and Bengaluru. However, petrol has become cheaper by 27 paise to Rs 96.65 a litre in UP’s Gautam Buddha Nagar (Noida-Greater Noida) and diesel is being […]
Life insurance major IndiaFirst Life Insurance Company received final approval from Securities and Exchange Board of India (Sebi) to float an initial public offering to raise funds. The issue will comprise a fresh issue of equity shares worth Rs 500 crore and an offer-for-sale (OFS) up to 14.1 crore equity shares from promoters and stakeholders. […]
U.S. stock futures rose in Asian trade on Monday in relief at a weekend rescue deal for Credit Suisse, though the mood was nervous and financial shares remained under pressure from contagion fears, even with support from global central banks. S&P 500 futures rose 0.5% in bumpy early trade. Currency markets were broadly steady while […]
Days after US-based short-seller Hindenberg Research alleged stock manipulation in Adani group stocks, putting an 85% downside target, valuation guru Aswath Damodaran said that “it is possible that Hindenburg was indulging in hyperbole.” Damodaran, Professor of Finance at the Stern School of Business at New York University said that the share price of Adani Enterprises […]