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
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
Many taxpayers are confused about Finance Minister Nirmala Sitharaman’s announcement that individuals earning up to Rs 12 lakh per annum will not have to pay any tax under the new tax regime. This confusion arises because, technically, the income between Rs 8 lakh and Rs 12 lakh falls under multiple tax slabs, with the upper
Union Finance Minister Nirmala Sitharaman is delivering her 8th consecutive Budget speech in Parliament, with a sharp focus on economic growth, unemployment and middle-class relief. Among the key announcements, a major reform in the insurance sector was announced by the Finance Minister. Sitharaman declared that the Foreign Direct Investment (FDI) limit in the insurance sector
Finance Minister Nirmala Sitharaman announced during her Budget 2025 speech that the government will table a new Income Tax Bill in Parliament next week. The move is aimed at overhauling the existing tax framework and simplifying compliance for taxpayers. Also ReadBudget 2025: Key tax slab changes likely in new regime! Rs 5 lakh income to
On February 01, the share price of Maruti Suzuki was trading 2% lower before the Union Finance Minister presented the Budget 2025 in the Lok Sabha. However, the stock closed the session almost 5% higher on the National Stock Exchange. But what led to this spark in the auto companies’ stock prices? Well, it was
The Budget may not have any big bang announcements for the markets at large but Finance Minister Nirmala Sitharaman has announced key measures to boost consumption and capex. Schemes supporting the agri sector have been announced. The key highlight was that no income tax will be payable for up to Rs 12 lakh of income.
