Stock Market LIVE: Sensex tanks 700 pt, Nifty below 17,550; Bank, IT, Auto drag
Central bankers around the world have been hinting at aggressive rate hikes which are pushing the market into negative territory. Moreover, there is unease over recession fears in China underwhelming the market further. 22 Aug 2022, 01:15:41 PM IST India’s Brahmaputra Infrastructure soars 11% after $22.2 million order win Shares of Indian construction and engineering […]
6 common mistakes to avoid in a rising stock market
The stock markets rose after four months of downward movement. The Nifty closed at 17,965 and Sensex closed at 60,326 on 18th August 2022. During the last month, the Nifty Midcap 100 has gone up by around 10% while the Nifty Smallcap 100 has gone up by around 7 percent. FIIs have pumped in almost […]
Paytm, proxy advisories and India’s puzzling lack of shareholder activism
One 97 Communications Limited, known to both investors and millions of its customers by its payment services app Paytm, is yet to disclose the outcome of the resolutions put to vote at its first-ever annual general meeting as a publicly listed company. But the fact that the Paytm scrip closed August 19, the day of […]
FPIs make biggest buying of ₹44,481 cr in equity market so far in Aug
In less than three weeks of August, the foreign portfolio investors (FPIs) made their biggest investment of the year. FPIs showed a strong appetite for the equities market as the inflow neared ₹44,500 crore so far this month. While the debt market has also seen some traction from overseas investors, however, is fractional compared to […]
Board of multibagger stock fixes record date for rights issue: Check if you own
With a market valuation of ₹36.68 crore, Naysaa Securities Ltd. is a small cap firm that provides financial services. For the Indian Stock Market, Naysaa Securities provides investment consulting services as well as tools and services linked to investment. The firm provides services in equity and initial public issues (IPO), mutual funds, derivatives, NRI offerings, […]
JSW Group, IIT Bombay join hands to set up steel manufacturing tech hub
IIT Bombay, India’s premier engineering and technology Institute, and US$ 22 billion JSW Group, India’s leading business conglomerate have extended an exclusive strategic agreement to establish a first-of-its-kind, state-of-the-art JSW Technology Hub in India for steel manufacturing. The Centre of Excellence in Steel Technology (CoEST) was established by IIT Bombay, an “Institution of Eminence,” with […]
Nifty, Sensex Touch Record Highs. But Dear Investor, Time and Not Timing is the Key
The Indian stock markets are currently witnessing a super sharp upward rally. Both Sensex and Nifty are riding the bull and reaching out for record highs. At 60,117.51 points, the Sensex has breached the psychological 60,000-mark, a feat it had first achieved in October 2021. Driven by the momentum, the combined market capitalisation of all […]
Market mayhem cuts fundraising via QIPs
MUMBAI : Fundraising by India Inc. through the qualified institutional placement (QIP) route fell 82% in 2022, as global macro headwinds and stock market volatility reduced opportunities for companies to tap the market to raise equity. QIP is a capital-raising tool through which listed companies can sell shares, fully and partly convertible debentures, or securities […]
Indian govt bonds may get added to a global index next year
Indian government bonds may be added to a global index next year, triggering passive inflows of about $30 billion that will help the country to finance its current account and fiscal deficits, according to Goldman Sachs Group Inc. The nation’s sovereign bonds may be added to JPMorgan’s GBI-EM Global Diversified bond index with an initial […]
Multibagger stock turns ₹1 lakh to ₹3.59 Cr in 15 years: Should you buy?
With a market valuation of ₹39,897.91 Cr, Astral Ltd. is a large-cap industrial firm. Astral Ltd is a leading CPVC pipe and fitting manufacturer in India, which offers a variety of pipes including PVC and CPVC pipes. The firm operates as a leading Indian Manufacturer in the pipe sector because of its backward integration capabilities […]
