IndusInd Bank, Suzlon, Persistent, Paytm, 5 others to enter MSCI Standard index: Nuvama
[ad_1] Nuvama Alternative and Quantitative Reserach expects IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, Polycab Industries, Macrotech Developers, Tata Motors DVR, PayTV (One 97 Communications) and Tata Communications to be included in the MSCI Global Standard Index, that will be announced by the global index major on November 15. According to Nuvama Alternate, this […]
Sensex rises by 354 pts, Nifty closes above 19,500 in Muhurat session
[ad_1] Benchmark stock indices Sensex and Nifty closed higher by more than half a per cent in the special Muhurat trading session on Sunday driven by across-the-board buying by investors. The 30-share BSE Sensex rose by 354.77 points or 0.55 per cent to close at 65,259.45 with 28 of its components settling in the green […]
Mcap of four of top-10 most valued firms decline by ₹23,417 cr
[ad_1] The combined market valuation of four of the top-10 most valued firms fell by ₹23,417.15 crore last week, with IT majors Infosys and Tata Consultancy Services (TCS) taking the biggest hit. Also read: Maharashtra labour ministry summons TCS for delayed onboarding of recruits Last week, the BSE benchmark advanced 540.9 points or 0.84 per […]
Fall in prices lift gold appeal during Dhanteras
[ad_1] The drop in gold prices, amounting to ₹1,130 per 10 gram since the beginning of this month, has uplifted sentiments leading to a potential revival of sluggish jewellery sales and increased demand for digital gold this Dhanteras. Gold prices have fallen to ₹60,240 per 10 gram on Friday from ₹61,370 logged on October 31 […]
SEA urges Centre not to extend ricebran export ban beyond Nov-end
[ad_1] The Solvent Extractors’ Association of India (SEA) has urged the Centre not to extend its prohibition on exports of de-oiled ricebran beyond November-end. In a letter to the Union Minister for Fisheries, Animal Husbandry and Dairying, Parshottam Rupala, SEA Presiden Ajay Jhunjhunwala said the total export of de-oiled ricebran constitutes less than 10 per […]
Sensex, Nifty log second weekly gain on energy stocks boost
[ad_1] Indian shares rose for a second consecutive week on Friday, led by energy stocks as oil prices fell, even as hawkish US Federal Reserve remarks reignited rate worries and dragged Asian peers. The NSE Nifty 50 index added 1.01 per cent for the week, while S&P BSE Sensex gained 0.84 per cent. The more […]
Honasa Consumer shares tank 7%
[ad_1] Shares of Mamaearth’s parent Honasa Consumer fell 7 per cent on Thursday to ₹299.9 on the NSE after a flat listing on Tuesday. The shares are now well below the IPO offer price of ₹324 apiece. Allaying concerns The company’s IPO had sailed through despite criticism from some market pundits and concerns on rich […]
Crude oil gains despite deflationary data from China
[ad_1] Crude oil futures traded higher on Thursday morning despite deflationary figures from China, a major consumer of crude oil in the global market. However, China’s central bank governor has expressed confidence that his country will achieve its annual growth target of 5 per cent for this year. At 9.53 am on Thursday, January Brent […]
Protean eGov Technologies IPO subscribed 24x
[ad_1] The IPO of Protean eGov Technologies (formerly NSDL e-Governance Infrastructure) witnessed a good response from all category of investors. The issue, which came out with a price band of ₹752-792, was subscribed 23.9 times. As against 43.78 lakh shares on offer in the IPO window, it received bids worth 10.45 crore shares. The total […]
Market recovers on late-hour buying; Sensex, Nifty end in red
[ad_1] After opening the day in negative note, domestic markets staged a strong recovery in the closing hours. However, benchmarks BSE Sensex and NSE Nifty ended marginally lower on Tuesday, due to subdued performance of global markets and FII outflows. Analysts said the broader market witnessed buying interest at lower level on Q2 earnings and […]