1/22 Tomorrow the whole of India will celebrate Diwali. Also known as Deepavali, this is a celebration that not only marks the triumph of light over darkness but also symbolizes the victory of good over evil, making it a deeply spiritual and culturally rich festival. Here, we give you a glimpse into the preparations that […]
FII, DII data: FPIs purchased shares worth Rs 2073 Cr, DIIs added shares worth Rs 4794 Cr on December 4, Monday
Foreign institutional investors (FII) purchased shares worth net Rs 2,073.21 crore, while domestic institutional investors (DII) added shares worth net Rs 4,797.15 crore on December 4, 2023, according to the provisional data available on the NSE. For the month till December 4, 2023, FIIs sold shares worth net Rs 4,604.84 crore while DIIs bought sha
Sensex hits 70k for first time: Nifty touches life-time high; investor wealth soars to Rs 351 trillion
Strong inflows from foreign portfolio investors (FPIs) drove the Sensex to breach 70,000 mark for the first time on Monday. The 30-share benchmark rose 232 points to hit a fresh life-time high of 70,057.83 in intraday trades but ended the day with a gain of 102.93 points or 0.15% to 69,928.53. Of the last 11 […]
Gold Rates: MCX gold inches higher on weaker dollar rates and lower Treasury yields; support is seen at Rs 59840-59670, resistance at Rs 60250-60430
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX gold prices ascended on Wednesday, while Silver rates also rose 0.72%. On the Multi Commodity Exchange, gold December futures were trading at Rs 60315 per gram, up Rs 250, or 0.42%. Silver December futures were trading up Rs 512 at 72105 per kg on the […]
Will Nifty trade above 19500 or fall in trade ? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded up 65.5 points or 0.34% at 19555, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously on Sunday, the benchmark equity indices closed with gains during the Muhurat trading session on the auspicious occasion of Diwali 2023. The NSE Nifty 50 gained 100.20 points or […]
India Shelter Finance opens for subscription, GMP up 29%; should you subscribe to the issue?
India Shelter Finance IPO: India Shelter Finance IPO opens for public subscription today and will close on Friday, December 15, 2023. The bidding for anchor investors concluded on Tuesday, wherein the company collected Rs 360 crore. The price band for its public issue at Rs 469-493 per equity share of face value Rs 5 each. […]
ATF price cut by 4.6 per cent; commercial LPG rate hiked by Rs 21
Jet fuel or ATF price was on Friday slashed by 4.6 per cent – the second reduction in one month – while commercial cooking gas (LPG) rate was raised by Rs 21 per 19-kg cylinder in line with international benchmarks. However, price of domestic LPG – used in household kitchens for cooking purposes – remained […]
Mahindra & Mahindra bets big on SUV demand in H2; Should you buy, hold or sell the stock?
Mahindra & Mahindra has been seeing steady buying interest based on the company’s outlook for the second half of this fiscal. The company is expecting steady demand growth, in the SUV section. Analysts believe that the company’s SUV portfolio is among the strongest in the market and set to drive its onward momentum further. In […]
Adani Group stocks: A look at how they fared in past one year
The Adani Group stocks have had a rollercoaster ride since the start of the year. As the year comes to a close. Here is a look at how the stocks have performed thus far in 2023. In a late January report, US-based short seller Hindenburg Research accused the Adani Group of accounting fraud, stock price […]
Stocks may face selling pressure after lock-in expiry
Shares of Life Insurance Corporation of India (LIC) declined marginally on Monday by around 0.30% at the exchanges. However, the decline wasn’t very high given the fact the 20% or 1265 million of the company’s outstanding equity became eligible for trading since the lock-in period ended. The shares of India’s largest insurer declined 0.26% on [&hel