In a historic feat, the Bombay Stock Exchange (BSE) has set a new record with over 29 crore contracts traded, reaching a peak Open Interest (OI) of 65.7, and boasting a remarkable notional turnover exceeding ₹192 lakh crore. The achievement marks a significant milestone in the exchange’s history and underscores the robust participation and confiden
India confronts escalating student suicides: Need for education reform
By Neeraj Kumar Mental Health issues are widely prevalent in every sphere of one’s life and addressing the same in an effective and supportive way is the need of the hour. The focus should not remain only on corrective therapy and remedy but increasing efforts should be made in preventive care as well, especially targeting […]
Rupee jumps 27 paise to 83.03 against US dollar amid stocks rally
The rupee jumped by 29 paise to close at 83.01 (provisional) against the US dollar on Friday following unabated foreign fund inflows and a record-breaking rally in domestic stocks. Stock markets continued their record run with the benchmark BSE Sensex breaching the new milestone of 71,000. Heavy buying by foreign investors also boosted the rupee [&
Alpex Solar files DRHP with NSE Emerge
Alpex Solar, India’s leading manufacturer of solar systems, has submitted its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The offering comprises a fresh issuance of 64,80,000 equity shares with a face value of Rs 10 apiece. The company has appointed Corporate Capital Ventures as the Book Running Lead Manager, and Skyline Financial Services
IREDA IPO subscribed 38.80 times on last of offer
The Initial Public Offer (IPO) of Indian Renewable Energy Development Agency (IREDA) was subscribed 38.80 times on the last day of bidding on Thursday. The received bids for 18,27,24,58,560 shares against 47,09,21,451 shares on offer, as per NSE data. The IPO has a fresh issue of up to 40,31,64,706 equity shares and an offer for […]
Tis’ the season to be jolly! Take a look at how India and rest of the world prepped for Christmas 2023 – See Pictures
1/14 Ho! Ho! Ho! Christmas Day is finally upon us, and with it, the whole world has come alive with bright lights. Originating from a Christian tradition and marking the birth of Jesus Christ, this festival is observed every year on December 25. The term ‘Christmas’ is rooted in Old English as Cristesmæsse, signifying the […]
Closing Bell: Markets end higher led by Tata Motors, BPCL, Coal India, Adani stocks soar ahead of SC hearing’ Nifty ends above 19850
The benchmark equity indices ended Tuesday’s trading session in the positive territory. The NSE Nifty 50 gained 95 points or 0.48% to settle at 19,889.70, while the BSE Sensex jumped 204 points or 0.31% to 66,174.21. Bank Nifty index jumped 111.85 points or 0.26% to settle at 43,880.95. The broader indices ended largely in positive […]