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
Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw
In a setback for Bharatiya Janata Party (BJP), several BJP leaders, including three former MLAs, switched to the ruling Jharkhand Mukti Morcha (JMM) just weeks before the upcoming Jharkhand Assembly elections. On Monday, former legislators Lois Marandi, Kunal Sarangi, and Lakshman Tudu made the move to join JMM. This shift follows closely on the heels
The 125cc motorcycles are getting sportier and sharper, and the Hero Xtreme 125R is a good example. Now, Bajaj has launched the Pulsar N125, which has the looks to make the Xtreme 125R look back. That said, both motorcycles are also focused on being fuel efficient. Let’s take a closer look at how they compare
By B.M Sharma Every year, the fashion and textile industries contribute billions of dollars to the global economy. Conversely, they have an adverse environmental impact. Approximately 20% of water pollution and 10% of greenhouse gas (GHG) emissions emerge from textiles. By 2030, the fashion sector’s GHG emissions are anticipated to soar by more than 50%.
By Vikas Gaba and Ruchika Chawla Power distribution is a critical link in the electricity value chain, interfacing with the end-customers and the only revenue source for the entire value chain. As distribution utilities continue to provide reliable and affordable electricity to all, they need to address both traditional grid challenges such as grid reliability
Go to Live UpdatesQ2 Earnings 2024 Live Updates: With majors across segments and all of the IT services giants having released their Q2 results, the fiscal second quarter earnings season is now in full swing. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis
Zerodha founder Nithin Kamath is championing long-term impact through Rainmatter, his investment fund focused on climate tech, healthcare, and sustainability. In the past year alone, Rainmatter has backed 47 startups, prioritizing initiatives that make the planet more livable and people healthier. “What is the use of money if the planet we live on is destroyed
Kingfisher-maker United Breweries Ltd on Wednesday announced that it has decided to suspend the supply of beer to Telangana Beverages Corporation Ltd (TGBCL), with immediate effect. The company said that it took this decision because TGBCL has not revised the basic price of its beer since 2019-2020, resulting in huge losses for the company. In
The markets remained rangebound today. The Sensex closed the session 50.62 points, or 0.06% lower at 78,148.49, while the Nifty finished 19 points or 0.08% at 23,688.80. However, there are some stocks that surged in trade today coupled with strong volume – Here are the top three stocks with high volumes in a muted market
7th Pay Commission News: The next dearness allowance (DA) revision for central government employees is due this month. However, the announcement will probably be made in the first week of March, as witnessed on several occasions in the past due to a lag in the release of the All-India Consumer Price Index for Industrial Workers
With the fiscal third quarter earnings season all set to commence this week, brokerage firms said that the Indian IT services sector is expected to post a mixed performance during the seasonally weak quarter. Q3 is traditionally considered weak due to seasonal furloughs which, per analysts, is expected to weigh down the IT sector’s growth.
