Crude oil marginally down as Israel intensifies attacks

Crude oil marginally down as Israel intensifies attacks

[ad_1] Crude oil futures traded marginally lower on Friday morning, as Israel attacked the southern city of Rafah, on Thursday, after rejecting the ceasefire offer by Hamas. At 9.52 am on Friday, April Brent oil futures were at $81.59, down by 0.05 per cent and March crude oil futures on WTI (West Texas Intermediate) were […]

IPO objects for raising fresh capital under SEBI lens

IPO objects for raising fresh capital under SEBI lens

[ad_1] The Securities and Exchange Board of India (SEBI) has tightened its scrutiny on the objectives for raising fresh capital through initial public offerings (IPOs), said two people in the know. The regulator has expressed its displeasure over companies opting to raise money largely for debt repayment and is asking for more disclosures. ‘Need clarification’ […]

Thanks to IT stocks, Sensex, Nifty recover

Thanks to IT stocks, Sensex, Nifty recover

[ad_1] Benchmarks BSE Sensex and NSE Nifty advanced on buying in IT stocks and expectations of a status-quo in the policy rates of the Reserve Bank of India (RBI) which is set to announce its revised monetary policy on Thursday. Besides positive global cues, investors’ interest in oil as gas stocks helped the indices. Also […]

SEBI may enhance large-cap stocks categorisation

SEBI may enhance large-cap stocks categorisation

[ad_1] Capital market regulator SEBI will soon widen the ambit of large, mid and small cap stocks based on their market capitalistion after the dizzying rally in equity markets last year. Mutual funds have moved SEBI to enhance the large-cap classification from top-100 companies in terms of market capitalisation to 125. Subsequently, mid-cap will now […]

Five companies’ IPOs are set to hit market this week

Five companies’ IPOs are set to hit market this week

[ad_1] India’s primary market continues to be red hot, with four mainboard initial public offerings (IPOs) and one small and medium enterprise (SME) platform-related offering set to hit the market this week to mop up about ₹2,700 crore. Also read: Apeejay Surrendra Park Hotels raises impressive ₹409 crore in anchor round before IPO While the […]

Do the ‘Magnificent 7’ still have fire power?

Do the ‘Magnificent 7’ still have fire power?

[ad_1] The week gone by had it all. Resurfacing jitters of regional banking crisis in the US resulted in bond yields collapsing significantly in early part of the week. Then, a hawkish Fed pushing back expectations of interest rate cuts last Thursday, was followed by a significantly hotter-than-expected US monthly jobs report that resulted in […]