Jefferies maintained a buy call for Zomato with target price of Rs 165. The report says that speculations surrounding a potential deal with Shiprocket, although Jefferies expresses skepticism about the likelihood of such an agreement. The company has reportedly denied any ongoing negotiations. Zomato holds a 5% stake in Shiprocket following an inve
Lunar Eclipse 2023: Cosmic wonder captured! See stunning visuals of ‘Chandra Grahan’
1/6 India along with the rest of Asia, Europe and Africa have witnessed a partial lunar eclipse on Saturday night. The celestial phenomenon continued till the early hours of Sunday. The moon has been partially eclipsed by the shadow of the earth for some time and gives people in India a chance to witness a […]
Tata Technologies IPO to open for subscription on Nov 22
Tata Technologies, which provides engineering and product development digital services, has said its initial public offering (IPO) will open for public subscription on November 22. The company, a unit of Tata Motors, filed the RHP (red herring prospectus) on November 13, 2023 with the Registrar of Companies, Maharashtra, Tata Motors said in a regul
Nestle India, Coforge, Hindustan Aeronautics and Godrej Properties among 178 stocks that hit 52-week high; 9 touch 52-week low
After reaching a record high during early trade, propelled by the announcement of the RBI’s MPC decision to maintain unchanged interest rates, the benchmark equity indices continue to trade in the green on Friday. The NSE Nifty 50 is trading at 20,904.80, up 0.02%, while the BSE Sensex trades at 69,653.05, up 0.19%. The broader […]
Closing Bell: Markets end Friday marginally lower, Nifty settles below 19,750, Sensex below 65,800: Bank stocks under pressure
The benchmark equity indices closed week’s last trading session in the negative territory. The NSE Nifty 50 dipped 33.40 points or 0.17% to settle at 19,731.80, while the BSE Sensex dropped 187.75 points or 0.28% to 65,794.73.Bank Nifty index dropped 577.60 points or 1.31% to settle at 43,583.95. The broader indices ended largely in mixed, [&hellip
Closing Bell: Muhurat Trade kickstarts Samvat 2080 on a firm note; Markets end strong, Nifty above 19,500 and Sensex closes with over 350 points gain, Nifty Small-cap Index hits new 52-week high
Diwali Muhurat trading Highlights: The benchmark equity indices NSE Nifty 50 and BSE Sensex closed with gains during the Muhurat trading session on the auspicious occasion of Diwali 2023. The NSE Nifty 50 gained 100.20 points or 0.52% to settle at 19,525.55, while the BSE Sensex added as much as 354.77 points to 65,259.45. The […]
Bank, NBFC shares fall after RBI tighten norms on personal loans
Shares of bank and NBFC firms tumbled up to 7 per cent in morning trade on Friday due to heavy selling pressure after the Reserve Bank tightened norms for consumer credit. State Bank of India shares fell 3.34 per cent, Axis Bank declined by 3 per cent, Canara Bank went lower by 2.67 per cent, […]
Mcap of 7 of top 10 firms swells Rs 1.50 lakh cr; TCS, Infosys biggest gainers
The combined market valuation of seven of the top 10 valued firms climbed Rs 1,50,679.28 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 890.05 points or 1.37 per cent. Reliance Industries, TCS, HDFC [&helli
Rupee recovers from record lows; rises 6 paise to settle at 83.34 against US dollar
The rupee on Tuesday rebounded from record low levels, gaining 6 paise to settle at 83.34 against the US dollar amid positive sentiment in the equity markets and inflow of foreign funds. Forex traders said a weak American currency against major rivals and crude prices hovering close to USD 80 per barrel level also supported […]
Tata Tech opens for subscription, GMP up 71%; should you subscribe to the issue?
Tata Technologies IPO: The much-awaited Tata Tech IPO opens for subscription today and will close on Friday, November 24, 2023. The public issue will be the first IPO of a Tata Sons entity for almost 20 years after TCS in 2004. The bidding for anchor investors concluded on Tuesday, wherein the company collected Rs 791.05 […]