GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Wednesday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty traded down 24 points or 0.12% at 19,824.50, indicating a negative opening for domestic indices NSE Nifty 50 and […]
The Rupees 2.6-trillion IPO frenzy
It has been a carnival for the initial public offering (IPO) market, with investors flocking to get a share of the pie in five big public issues that took place this week. A total of almost Rupees 2.6 trillion was locked in by investors, including anchor investors, for these issues that sought to raise a […]
Diwali 2023: Festival of lights comes knocking! India shines with colours and lights to celebrate – See Pictures
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 […]
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 […]
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. […]
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
India’s great gamblers head for F&O market
Sunita Singh (name changed), a teacher, recently made a distress call to the managing director of a brokerage firm who hails from her city. Citing his relationship with her father who was a teacher as well, she sought some financial help. She explained that she was running a ‘side business’ of investing in futures and […]
Pope Francis blasts the weapons industry as he makes a Christmas appeal for peace in the world
Pope Francis on Monday blasted the weapons industry and its “instruments of death” that fuel wars as he made a Christmas Day appeal for peace in the world and in particular between Israel and the Palestinians. Speaking from the loggia of St. Peter’s Basilica to the throngs of people below, Francis said he grieved the […]
Nepal earthquake: Death toll surpasses 127, rescue operations underway – See Photos
1/8 Over 125 people were killed and several others injured when a powerful 6.4 magnitude earthquake jolted Nepal just before midnight on Friday, destroying houses in the Himalayan country’s remote mountainous region. According to the National Earthquake Monitoring and Research Centre, the earthquake with an epicentre in Jajarkot district was record