Category: Uncategorized

The initial public offering of Entero Healthcare Solutions will close for public subscription today. The company has so far received a rather weak response from investors, who have subscribed it 0.19 times or just 19 per cent. The ₹1,600-crore IPO has come out with a price band of ₹1,195-1,258 a share of face value of […]

After finding its feet in index derivatives, the country’s oldest bourse BSE is gearing up to dip its toes in stock derivatives. “Stock options and futures are very much on our radar,” the bourse’s Managing Director and CEO Sundararaman Ramamurthy told businessline. “But we want to stabilise our Sensex and Bankex derivatives offerings first before […]

Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. Also read: Index Outlook: Sensex, Nifty 50: Range-bound with a bearish bias “This week, […]

Four of the top-10 most valued firms together added ₹2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. Also read: Inflation, industrial production data, global trends to drive market trends this week: Analysts From the top-10 pack, Reliance Industries, Tata Consultancy Services […]

Foreign Portfolio Investors (FPI) continued to be net sellers in equities in February so far even while doubling down on Indian debt markets, pumping as much as ₹15,093 crore in first nine days of this month, data with depositories showed. Also read: FPIs dump $1.5 billion in 3 sessions after rise in US bond yields, […]

Prem Watsa-backed Fairfax is under rough weather after short-seller hedge fund Muddy Waters Research alleged consistent manipulation of asset values and income by engaging in often value destructive transactions to produce accounting gains. Fairfax, which has invested heavily into India and is one of the contenders for buying a government stake in IDBI Bank, has […]

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 at […]

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 in […]

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. Prices […]

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’ “SEBI […]