Shares of Anil Ambani-led Reliance Infrastructure is in focus after shareholders overwhelmingly approved the company’s plan to raise Rs 6,000 crore through a Preferential Issue and Qualified Institutional Placement (QIP). The resolutions received over 98% of votes in favour during a postal ballot, signalling strong support for the move. Reliance Infrastructure’s Preferential Issue Details In
Gold and silver rates today, October 21 The 24-carat gold rate in India was Rs 77,770 per 10 grams on October 18. The rate for 24-carat gold per gram is Rs 7,777. The rate of 22-carat gold was Rs 71,289 per 10 grams. The rate of 24-carat gold has risen by 2.26% in the last
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lacklustre opening on Monday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended unchanged at 24,891 indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday
By V K Sharma Foreign institutional investors (FIIs) continue to sell Indian stocks in their penchant for Chinese stocks, hoping the Communist Party of China (CPC) will take more concrete steps to address the long pending structural issues in China. Till Friday, October 18, the FIIs have sold stocks valued at around Rs 80,220 cr
The National Stock Exchange of India (NSE) has increased the lot sizes for its five index derivatives contracts–Nifty, Nifty Bank, Nifty Financial Services, Nifty Midcap Select and Nifty Next50, in accordance with the Securities and Exchange Board of India’s (Sebi’s) latest futures and options (F&O) regulations. The lot size for Nifty 50 will see a
The buzz in the primary market continues. The big bang Hyundai IPO listing is on October 22. That apart companies are looking to raise around Rs 11,000 crore and the key IPOs in focus this week include Waree Energies and Shaporji Pallonji Group’s Afcon Infrastructure IPO. There will be a total of four IPOs in
Despite a 4% correction in the market this month, Vetri Subramaniam, chief investment officer, UTI AMC believes this is not a time to take more risk. He tells Vivek Kumar M that earnings estimates for FY25 could go awry if the September quarter numbers continue to be below expectations. Excerpts: Markets have corrected by around
The much-anticipated initial public offering (IPO) of Waaree Energies Limited is set to open for subscription on 21st October 2024 and will remain available until 23rd October 2024. Investors can subscribe to the shares of the company within this three-day window, with the IPO price band set between Rs 1,427 and Rs 1,503 per equity
India’s Oil and Natural Gas Corp (ONGC) reported a third-quarter profit miss on Friday, as buoyant fuel demand failed to cushion the explorer from lower crude realisations.The state-owned firm’s standalone profit fell 17% to 82.40 billion rupees ($952 million) in the October-December period, and came far below analysts’ average expectation of 179.31 billion rupees. Standalone
All eyes are on the Budget now. After the Economic Survey made a push for driving growth via deregulation, the question is what’s the market’s wishlist from the Budget. Given the FII selling spree continuing in January, the market is looking at the Budget for the potential triggers. Nilesh Shah – MD, Kotak Mahindra AMC
It is been a relief of sorts for the markets for the few days with the Nifty closing above 23500 on the last trading day of January. However, this has been one of the most devastataing January in terms of FII putflows. Foreign Institutional Investors have sold Rs 87,374.66 crire in January 2025, the highest-ever
The spotlight is on the railway ahead of the Union Budget of 2025-26. Stocks like IRFC, RVNL, IRCTC, RailTel, Titagarh, and many others closed the counters on a higher note on January 31. However, most of them have given negative returns from the Union Budget 2024-25 to January 31, 2025. On Friday, the stock of
PB Fintech Share Price Today Highlights, 31 Jan, 2025: The PB Fintech share is in news and the counter closed trade on 30 Jan, 2025 at Rs 1654.6. The shares touched intraday high of Rs 1734.0 in the last trading session while the intraday low was at Rs 1640.9. The company’s market capitalization, as on
