GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lacklustre opening on Thursday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended up by just 7 points or 0.03% up at 24,496 indicating a flat opening for domestic indices NSE Nifty 50 and
Silver prices traded above Rs 1,00,000/kg on Wednesday on MCX December futures — the most active contract for the white metal — for the first time ever. The December futures saw a high of Rs 1,00,081/kg and currently at Rs 99,000/kg. In Mumbai’s Jhaveri Bazaar spot market, it was trading at Rs 98,862. In the
In a bid to create a level-playing field for retail traders, Upstox has launched tick-by-tick (TBT) engine to provide real-time insights on order flow, market depth and trade price checker. “We want to play a role in making retail more profitable. That’s the basic drive towards what we’re doing. The big reason why retail traders
Action-packed day for Indian markets tomorrow with Adani Wilmar, ACC, ITC, and Godrej Consumer Products set to release their quarterly results. Also, the HUL stock is likely to be in focus on the back of its quarterly earnings plus the decision to separate the ice cream business. Both the IPOs, Deepak Builders & Engineers and
Persistent Systems rallied more than 12% to hit a fresh 52-week high of Rs 5,798.70 after it reported its Q2 FY25 results. The company reported a jump of 23.2% on year in net profit standing at Rs 325 crore in Q2 FY25, compared to Rs 236.26 crore posted in the second quarter of the previous
Shares of One97 Communications, the parent company of Paytm, are set to be in focus today following the company’s announcement on Tuesday regarding its approval from the National Payments Corporation of India (NPCI) to resume onboarding new users onto its Unified Payments Interface (UPI) platform. NPCI Approval to Resume Onboarding In its exchange filing, the
By Ravi Singh Nifty October futures are currently trading at a 50 point premium. The Nifty is continuing to trade in a range of 24,500-25,000. We have seen a further downfall in the FIIs long ratio which is now at 33%. Furthermore we saw an extended selling by FIIs in the cash segment as they
Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023. On October 22, the
The Income Tax Department has released the income tax return forms for the financial year 2024-25 (assessment year 2025-26). That is, now you can give the account of income and tax paid from 1 April 2024 to 31 March 2025 by filing an income tax return. Like the previous year, the government has notified seven
State-owned GAIL India Ltd on Tuesday reported a marginal rise of 1.3% in its consolidated net profit for the last quarter of the financial year 2024-25 at Rs 2,505.61 crore from Rs 2,474.31 crore recorded in the same period of FY24. On a sequential basis, however, the net profit fell by 39% from Rs 4,084.24
The Securities & Exchange Board of India (Sebi) on Tuesday proposed to ease rules for foreign portfolio investors (FPIs) that exclusively invest in government bonds (“IGBs”) under the voluntary retention route (VRR) and fully accessible route (FAR). As per Sebi data, the aggregate holding of FPIs in FAR-eligible government bonds stood at around ₹3 trillion
Systematic Investment Plan (SIP) in mutual funds have emerged as a preferred choice for investors aiming for wealth creation through equities. Investing in mutual funds SIP works just like like recurring deposits (RD) with a bank, where you deposit a fixed sum of money regularly. The only difference here is that your money is deployed
The pharma sector is staring at more uncertainty ahead after US President Donald Trump signed a new executive order on May 12, mandating that US drug companies align prices with other developing nations. Typically, the prices in the US are much higher, often 2-5x) than that in other countries where the government negotiates for lower
