Adani Enterprises shares tanked 10% in the morning trade as chairman Gautam Adani decided to call off the Rs 20,000 follow-on public offer (FPO). Adani Enterprises shares on 1 February ended a two-day winning streak to settle lower by 26.7% at Rs 2,179.75. The sharp fall in the share price for two consecutive sessions comes […]
By Shrikant Chouhan The benchmark indices witnessed narrow range activity, after a volatile trading session, the NSE Nifty 50 closed at 17,345 while the BSE Sensex closed at 58,136 levels. Among sectors, PSU Bank index gained the most, rallying over 2.3 percent whereas profit booking was seen in Reality and selective IT stocks. Technically, after […]
The tech-heavy Nasdaq led a Wall Street rally on Thursday as a strong update from Meta Platforms outweighed concerns over slowing U.S. economic growth. Meta shares soared 14.4% to touch a more than one-year high after the Facebook owner forecast quarterly revenue above estimate, and as CEO Mark Zuckerberg said AI was increasing traffic to […]
A follow on share sale of Adani group’s flagship company was on Friday subscribed just one per cent on the opening day as shares plunged after a scathing report by a US short seller.Against an offer of 4.55 crore shares of Adani Enterprises Ltd, only 4.7 lakh were subscribed, according to information available from the […]
Benchmark indices NSE Nifty and BSE Sensex ended Thursday’s session broadly in green. The NSE Nifty 50 jumped 101.45 points or 0.57% to 17,915.05 and BSE Sensex surged 348.80 points or 0.58% to 60,649.38. In sectoral indices, Bank Nifty surged 170.95 points or 0.40% to 43,000.85, Nifty Auto climbed 99.05 points or 0.76% to 13,071.8 […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on Wednesday, 11 January 2023, keeping costs steady for about seven months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
Oil prices fell over 1% on Thursday, deepening steep losses in recent days, after the U.S. Federal Reserve increased interest rates and investors worried about a weakening global economy that could dent energy demand. Brent futures fell 76 cents, or 1.1%, to $71.57 a barrel by 0002 GMT. The global benchmark on Wednesday posted its […]
Foreign institutional investors (FII) sold shares worth a net Rs 2109.34 crore while domestic institutional investors (DII) bought shares worth a net Rs 1806.62 crore on Tuesday, January 10, 2023, according to the data available on NSE. For the month till January 10, FII sold shares worth a net Rs 10,125.91 crore while DII bought […]
Benchmark indices NSE Nifty and BSE Sensex extended losses on Tuesday and settled in the red. The NSE Nifty 50 fell 46.7 points or 0.26% to 17,660.15 and BSE Sensex plunged 183.74 points or 0.31% to 59,727.01. In sectoral indices, Bank Nifty rose 2.65 points or 0.01% to 42,265.20 and Nifty IT jumped 158.75 points […]
The Securities and Exchange Board of India (Sebi) has gone into ‘high alert’ mode with regard to front-running in mutual fund houses and broking firms, which is a serious stock market offence. According to sources, auditors of the market regulator have started visiting fund houses and seeking call record data of fund houses and senior […]