The Tata Technologies listing on November 30 is one of the most talked-about Dalal Street debut in recent times. The grey market activity over the last 43 sessions signals an upward trend in the GMP, with current range between ₹240 -414, reinforcing the anticipation of a robust listing for Tata Technologies shares. The IPO, which […]
India’s wedding season is here: Top stocks to watch across clothing, jewellery, and hotel sectors
In a country where as many as 10 million marriages take place annually, India is currently in the midst of a bustling wedding season, spanning from November 23 to December 15. During this period, over 35 lakh marriages are set to take place, marking a significant economic upswing as families spare no expense in celebrating […]
SpiceJet stock rises 10 per cent on fund raising, NSE listing plans
Shares of SpiceJet jumped more than 10 per cent on Monday amid the plans of the no-frills airline to raise funds as well as list on the National Stock Exchange. The stock rallied 10.19 per cent to close at Rs 60.57 per piece on the BSE. During the day, the scrip hit its 52-week high […]
Jaiprakash Associates transfers shares worth Rs 360 crore to ICICI Bank
In its attempt to reduce debt, Jaiprakash Associates (JAL) and its trusts have transferred about 189 million shares worth ₹360 crore to ICICI Bank under a settlement agreement. The shares transferred were already pledged with the bank, and the move comes ahead of the next hearing of the bankruptcy petition on November 30. This is […]
Closing Bell: Indices end flat, Nifty slips below 19,850 while Sensex stays around 66000; Healthcare and Pharma drops more than 1%
The benchmark equity indices closed Tuesday’s trading session in negative territory. The NSE Nifty 50 ended down by 9.85 points or 0.05% to settle at 19,802.00, while the BSE Sensex ended flat, slight down by 5.43 points or 0.01% to 66,017.81.Bank Nifty index gained over 127.90 points or 0.29% to settle at 43,577.50. The broader […]
Will Nifty test 21,500 levels or dip ahead? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a flat opening on Tuesday. Here are the top things to know before the market opens. GIFT Nifty traded up by just 14 points or 0.07% at 21,409, indicating a flat opening for domestic indices NSE Nifty 50 and BSE […]
GTRI says 51.5% agri exports from just 5 products makes sector vulnerable to global prices, demand
India’s agri export basket is dependent on just five commodities including rice and sugar and this makes the sector vulnerable to fluctuations in global prices and demand, a report by economic think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said these five products — basmati rice, non-basmati rice, sugar, spices, and [&h
Crude set to see price shift despite decline on weak global sentiment
By Bhavik Patel Sentiment has shifted in Crude from positive to negative as we have seen decline in both WTI and Brent by almost $10. However, according to Saudi Arabia, it’s oil speculators that are behind the most recent drop in global crude oil prices and not fall in demand. This was the same rant […]
Diwali Special: Indian stock markets shine with impressive gains in past one year
Indian stock markets have a reason to celebrate this Diwali with indices surging over 6%. From Diwali 2022 to Diwali 2023, both the Nifty and Sensex have witnessed substantial gains, reflecting the resilience and growth of the Indian economy. The National Stock Exchange’s benchmark index, Nifty 50, has climbed an impressive 7% during the past [&hel
Will Nifty breach 19500 or fall further? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded at 19,729.5 up 229 points or 1.17%, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. The Indian equity market remained closed on Tuesday during Diwali Balipratipada. Previously, on Monday, the NSE Nifty 50 dropped 82 points or 0.42% to settle at 19,443.55, while the BSE […]