Domestic indices opened flat but within minutes fell half a percent on weekly F&O expiry. The NSE Nifty 50 fell 73.50 pts or 0.42% to 17,377.40 and BSE Sensex fell 321.82 pts or 0.54% to 59,089.26. The top gainers on Nifty 50 were Adani Enterprises (up 2.65%), Coal India (up 1.49%), Adani Ports (up 1.36%), […]
Money managers in India have continued to trim holdings of Adani Group’s stocks, suggesting concerns about governance remain even as the worst of the rout seems to have passed. Investments by local equity mutual funds in the group accounted for only 0.9% of the industry’s $182 billion in assets at the end of March, according […]
By Dharmesh Shah NSE Nifty 50 index witnessed elevated volatility during last week amid escalated geopolitical issues and spike in crude oil prices. In the process, Nifty managed to hold the key support threshold of 16800 for the fourth time in the last two months while absorbing a host of negative news, highlighting inherent strength. […]
While people were busy celebrating the birth of Christ, the European Space Agency (ESA) shared a picture of a ‘path left by Santa’s sleigh.’ This captivating image depicting Herbig-Haro objects has attracted considerable attention across various social media platforms. The image showcases a series of vibrant newborn stars. European Space Agency, in the caption accompanying […]
Elin Electronics Limited IPO is set to open for public subscription on 20 December, and will close on 22 December. The company has fixed the price band at Rs 234 – 247 per share for its maiden public offer. The public issue with a face value of Rs 5 per share comprises a fresh issue […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Sunday, 23 April across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last ten months. However, individual cities see fluctuations in their price. The prices of petrol and diesel […]
By Rajesh Palviya In Nifty current series there has been a Short Covering witnessed with increase in price of 2.10% and decrease in OI by 8% as of Wednesday, wherein there was unwinding of 8.88 lakh shares in OI, decreasing from 112.81 lakh to 103.93 lakh shares. Nifty current month rollover stands at 14% as […]
Capital markets regulator Sebi on Wednesday asked all investors to link their PAN with Aadhaar number by March-end for continual and smooth transactions in the securities market. The non-compliance with this would be considered non-KYC compliant, and there could be restrictions on securities and other transactions until the Permanent Account Number (PAN) and Aadhaar are […]
Oil prices slid on Tuesday from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023 as major economies experience weakening activity. Brent crude futures dropped 98 cents, or 1.1%, to $84.93 a barrel by 0148 GMT while U.S. West Texas […]
With the global market rout causing significant drops in the value of listed tech stocks in India and the US, domestic startups may put their IPO plans on hold indefinitely, several venture capitalists (VCs) and analysts told FE. VC firms, who poured money into pre-IPO rounds and were expecting cash exits from the IPOs of […]