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 […]
SEBI asks Zee Business guest experts to pay ₹7.41 crore for ‘unlawful’ gains
[ad_1] The Securities and Exchange Board of India (SEBI) on Thursday asked 15 guest experts including Nirmal Kumar Soni, Partha Sarathi Dhar, Simi Bhaumik, Mudit Goyal, Himanshu Gupta, Ashish Kelkar and Kiran Jadhav, appearing on the Zee Business news channel to pay ₹7.41 crore for the “unlawful gains” that they made by taking opposite positions […]
Turmeric prices will likely rise further despite 80% gain year-on-year
[ad_1] After having gained about 80 per cent year-on-year, turmeric prices will likely rise further on lower production as a result of the sowing of the crop dropping by at least 20 per cent this year, say traders and analysts. “Overall, prices are higher compared with the same period last year due to lower acreage. […]
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
[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 […]
Nifty and Sensex edge higher; market trends signal caution amidst global challenges
[ad_1] The NSE Nifty was up by 0.39 per cent or 85.80 points to 21,860.65 points, while the BSE Sensex was at 72,000.09, up by 0.37 per cent or 268.67 points. A total of 3,193 stocks were actively traded, with 2,144 advancing, while 951 declined and 98 stocks remained unchanged, with 242 stocks hitting a […]
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
[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 […]
Mcap of eight of top-10 most valued firms climb ₹2.90 lakh crore; Reliance shines
[ad_1] The combined market valuation of eight of the top-10 most valued firms climbed ₹2.90 lakh crore last week, with Reliance Industries emerging as the lead gainer, amid optimism in equities. Last week, BSE benchmark Sensex jumped 1,384.96 points or 1.95 per cent. From the top-10 pack, Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI […]
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 […]