Seven of the top-10 most valued firms together added Rs 67,859.77 crore in market valuation in a holiday-shortened last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the 30-share BSE Sensex climbed 598.03 points or 0.99 per cent. Equity markets were closed on Friday (April 14) on account of […]
By Ajit Mishra Bears remained under control in May expiry and pushed the markets further lower. Global headwinds like fear of aggressive rate hikes from the US Fed, the ongoing Russia-Ukraine War, and Covid-led lockdown in China continue to dent the sentiment. On the domestic front, the earnings season turned out to be mixed, in […]
By Siddhant Mishra In a year that saw significant volatility, some public sector bank (PSB) stocks stood out. Among the large-caps, Bank of Baroda was the bigger gainer, rising 126% since the turn of the year. According to Prabhudas Lilladher, the lender surprised the Street with its earnings, raking in higher profits, net interest income, […]
Shaalaa.com, an e-learning platform, has witnessed a significant increase in female enrollment from the CBSE board. The proportion of girls utilising Shaalaa.com’s resources has surged from 46% in 2022 to 63.4% in 2023. Additionally, the platform has seen a 62% rise in the participation of girls from Maharashtra, opting for its free resources aligned with […]
Foreign institutional investors (FII) sold shares worth a net Rs 2422.39 crore while domestic institutional investors (DII) bought shares worth a net Rs 1953.4 crore on Friday, January 13, 2023, according to the data available on NSE. For the month till January 15, FII sold shares worth a net Rs 17,419.08 crore while DII bought […]
– By Varun Tangri For the 36.6 Billion dollar-strong Indian retail technology landscape, the upcoming year, 2024, stands as a crucial juncture. This period will hold the promise of unveiling transformative trends, embracing profound digitization that permeates every aspect of retail operations, and giving rise to the concept of destination shopping, turning the act of […]
Nexus Select Trust REIT IPO: Blackstone-backed Nexus Select Trust REIT’s Rs 3,200 crore IPO opened for subscription on 9 May. The issue’s price band has been set at Rs 95-100 per unit. The public offering comprises a fresh issue of units up to Rs 1,400 crore and an offer for sale (OFS) component with unitholders […]
Radiant Cash Management Services shares saw a premium listing on the bourses on Wednesday after the IPO closed last week. The shares opened at a 9.5% premium amid a negative domestic market, listing at Rs 103 on the NSE, as compared to the public issue price of Rs 94. The shares to a low of […]
By Ruchit Jain After ending the last weekly expiry around 17600, the Nifty continued its momentum during this week to rally further and is now a tad away from reclaiming the 18000 mark. The indices continued to attract long positions which provided an impetus to the up-move. The relentless run-up continues for the market as […]
Benchmark indices Sensex and Nifty closed higher on Thursday, extending the winning streak to the fifth straight session after the RBI unexpectedly kept policy rates unchanged as global banking woes added uncertainty to the economic outlook. Buying in index majors HDFC Bank and Reliance Industries also added to the optimism in the equity market. Also […]