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
KRN Heat Exchanger The company listed on October 03 made a stellar Dalal Street debut. The stock was listed at Rs 480 on NSE, a premium of 118% over the issue price of Rs 220 per equity share. The IPO was one of the most searched on Google, according to Google Trends data. Also, the
Go to Live UpdatesHyundai Motor IPO India Subscription Status Today Live Updates: The Hyundai Motor IPO will be listing on the bourses on October 22. The company’s shares were attracting a premium of almost 4% in the unofficial market against a discount a few days ago. The issue was subscribed 2.37 times overall by the
The BJP unveiled its first list of 66 candidates for the upcoming Jharkhand assembly elections on Saturday. The party has fielded its state president, Babulal Marandi, from Dhanwar, and former Chief Minister Champai Soren from Saraikela. Among the notable names is Sita Soren, the sister-in-law of Chief Minister Hemant Soren and JMM leader, who has
In a significant move announced on February 1, Finance Minister Nirmala Sitharaman relaxed the conditions for tax relief on self-occupied properties in the Union Budget 2025. Taxpayers can now claim tax benefits for two self-occupied houses, a major change from the previous rule that allowed relief for only one property. “Presently tax-payers can claim the
New Income Tax Slabs for FY 2025-26: Finance Minister Nirmala Sitharaman, in her Budget 2025 speech, announced the latest income tax slabs for the financial year 2025-26. The revised tax structure is aimed at providing relief to middle-income earners while maintaining a progressive taxation system. New Income Tax Slabs for FY 2025-26 Income up to
During the budget speech, Finance Minister Nirmala Sitharaman said that those earning up to Rs 18 lakh per annum will save Rs 70,000 in annual taxes. (This is a developing story) » Read More
The Indian toy industry got a major push as Finance Minister Nirmala Sitharaman, while presenting Budget 2025, announced a national action plan to make India a global hub for toy manufacturing. The shares price of Ok Play India saw an immediate reaction, gaining 2.10% to Rs 17 as traders responded positively to the government’s intent
The fertilizer sector in the special trading session on Budget 2025 saw a significant rally after Union Finance Minister Nirmala Sitharaman’s announcement of a new urea plant in Assam. The move, part of the Union Budget 2025-2026, made a rally in the stock prices of the fertilisers and urea stocks. Fertilizer stocks on the rise
