Ask Automotive’s shares listed with 8.12% premium over the IPO price on bourses on Wednesday. The share debuted at Rs 304.90 on the BSE and at Rs 303.30 on the NSE as compared to the issue price of Rs 281. The investors have made a profit of nearly Rs 23 per share as the scrip […]
Dhanteras Special: Can gold lose its shine due to geo-political concerns?
By Rahul Kalantri Dhanteras & Diwali are regarded as an auspicious occasion for embarking on the path to prosperity by making investments in gold. During this time, investing in gold is culturally significant as it is believed to usher in good fortune and wealth, particularly when initiating financial endeavours related to gold and silver. In [
What were the notable advancements and challenges in the intersection of AI and fintech in 2023
By Deepika Loganathan In 2023, the intersection of artificial intelligence (AI) and fintech continued to experience notable advancements and encountered several challenges. These developments had a profound impact on the financial industry, shaping the way businesses and consumers interact with financial services. Let’s delve deeper into the key ad
Will the Nifty scale past 19,850? Check GIFT Nifty, FII Data, F&O Ban, Crude, and more before market opens
GIFT Nifty indicated a positive start for domestic indices BSE Sensex and NSE Nifty 50. Here’s a look at the things to know ahead of the opening bell on Monday. GIFT Nifty traded up 67 points or 0.34% at 19,809, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. […]
Relief for telcos as caller ID display proposal dropped in Telecom Bill
In a relief for telecom operators – Reliance Jio, Bharti Airtel, and Vodafone Idea — the government does not seem to be going ahead with its earlier proposal of compulsorily displaying calling party names — Calling Name Presentation — in mobile calls. The clause which mandated this in the draft Telecom Bill has been dropped […]
FII, DII data: FPIs offloaded shares worth Rs 3632 Cr, DIIs sold shares worth Rs 434 Cr on December 8, Friday
Foreign institutional investors (FII) purchased shares worth net Rs 3,632.30 crore, while domestic institutional investors (DII) sold shares worth net Rs 434.02 crore on December 8, 2023, according to the provisional data available on the NSE. “FPIs made a major comeback to India in December. Even though FPIs made an investment of Rs 9000 crores [&
Pakistan Markazi Muslim League, a party backed by Hafiz Saeed, fields candidates in Pakistan elections
A new political front organisation of the 26/11 terror attacks mastermind Hafiz Saeed has fielded candidates for most of the national and provincial assembly constituencies across Pakistan for the February 8 general elections. Saeed, the founder of Lashkar-e-Taiba (LeT), has been in jail since 2019 after being convicted for several years in multipl
India Shelter Finance, DOMS Industries, 3 others get Sebi nod to float IPOs
Five firms, including affordable housing finance company India Shelter Finance, pencil maker DOMS Industries and lender Jana Small Finance Bank, have received capital markets regulator Sebi’s go-ahead to raise funds through initial public offerings (IPOs). The other two firms that obtained the regulator’s nod to float maiden public issues are — Vad
ZED scheme: Financial support extended to MSMEs crosses Rs 100 crore
The financial support extended to MSMEs securing the ZED (Zero Effect, Zero Defect) scheme’s certification has crossed Rs 100 crore. At the time of filing this report, Rs 105.20 crore in financial assistance was offered to MSMEs under the scheme. Since its launch in April 2022 to encourage environmentally sustainable manufacturing practices among M
Share Market Highlights: Nifty settles above 19650, Sensex above 65,750; Bank Nifty gains more than 300 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Wednesday’s trading session in the positive territory. The NSE Nifty 50 soared 231.90 points or 1.19% to settle at 19,675.45, while the BSE Sensex jumped 742.06 points or 1.14% to 65,675.93.The broader indices ended largely in positive territory, wi