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Domestic markets are expected to open on a flat note on Thursday, indicates Gift Nifty trading. Despite a strong close in the US markets overnight, Asian stocks are mostly down. Gift Nifty at 17650 signals a positive bias at the opening.  Analysts expect the market to remain in consolidation mode, given the valuation. They expect […]

Newgen Software Technologies Ltd earned the title of ‘Strong Performer’ in The Forrester Wave: Digital Process Automation Software (DPA), Q4 2023. The independent research, led by Craig Le Clair, assessed Newgen against 15 other providers based on their current offerings, strategies, and market presence. Virender Jeet, CEO of Newgen Software, said, “The company’s content deeply […]

 The Initial Public Offering (IPO) of Tata Technologies Ltd will open for subscription for the public investors on November 22 and close on November 24, 2023. This will be the first Tata Group IPO in nearly two decades. The IPO is an offer for sale of upto 60,850,278 equity shares for cash comprising of offer […]

Tata Technologies’ initial public offering will open for subscription on Nov. 22, its parent Tata Motors said late Monday, in what will be the first Tata Group IPO in nearly two decades. Tata Technologies, which provides engineering and product development digital services, said its IPO would comprise an offer for sale of 60.9 million shares, […]

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 will […]

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 on […]

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 cent. […]

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 as […]

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 cent […]

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 domestically-focussed […]