Category: Uncategorized

[ad_1] Government Securities (G-Secs) yields dropped on Thursday, following sharp decline in US Treasury yields after the US Fed left the benchmark interest rates unchanged at 5.25- 5.50 per cent for the third straight meeting even as its rate setting panel signalled it expects 75 basis points rate cut in 2024 from the current levels. […]

[ad_1] Wardwizard Foods and Beverages Limited’s shares were up by 9.98 per cent after the company entered into a memorandum of understanding with the government of Gujarat. The agreement was signed by DH Shah, Managing Director of Gujarat Agro Industries Corporation Limited, and Sheetal Bhalerao, Chairperson and Managing Director of Wardwizard Foods and Beverages Limited. The […]

[ad_1] SGBS Unnati Foundation became the first entity to list on the social stock exchanges (SSE) on Wednesday. SUF is a not-for-profit organisation (NPO) incorporated in 2011 that has trained over 45,000 youth. The entity had raised ₹1.8 crore from Zerodha, Nabard, Govind Iyer, and Ashish Kacholia during its fundraising period between October 30 and […]

[ad_1] The short-term outlook for IIFL Finance is bullish. The stock has risen over 4 per cent on Tuesday. This rise has taken the stock price well above the key resistance level of ₹640. It has also broken the sideways consolidation between ₹620 and ₹640 that was in place for more than a week. The next […]

[ad_1] Spectrum Foods Ltd’s shares were up 1.20 per cent after the company provided an update on the construction of its luxury resort project in Pushkar. Construction is on in full swing with approximately 150 workers on-site, to ensure timely completion of the project. The project, targeted to be completed by the end of 2024, […]

[ad_1] At a time when its subsidiary Muthoot Microfin is readying for an initial public offering, parent company Muthoot Fincorp has also working on its own plans to raise equity from the market. “We want to grow in SME lending, LAP and some other portfolios. We’ll build them gradually (before we come to the market). […]

[ad_1] Metal prices will likely see a marginal improvement in 2024 in the global commodities market due to weak Chinese demand and deceleration in global growth, research agency BMI, a unit of Fitch Solutions, has said. However, the World Bank expects a further decline in metal prices from 2023 levels on slowing demand and ample […]

[ad_1] With gold prices testing new highs, jewellery recycling is all set to hit 100-150 tonnes this month against 80 tonnes logged last month. Also read: Time opportune to revisit India’s gold policy: SBI’s eco research team Gold prices have jumped ₹1,863 per 10 gram to close at ₹62,415 on Friday against ₹60,579 on November […]

[ad_1] SEBI chairperson Madhabi Puri Buch said on Friday that the regulator is working with the mutual fund industry to make it viable for the latter to offer systematic investment plans, or SIPs, of as low as ₹250 per month. This will allow greater participation in MFs from the bottom of the pyramid, and is […]

[ad_1] GQG Partners has acquired a significant stake in GMR Airports Infrastructure through block deals. Exchange data showed that the investment company has acquired a 4.7 per cent stake in the airport operator for about ₹1.672 crore at a price of ₹59.09 a share. More than 12 per cent of equity had changed hands on […]