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
8th Pay Commission: Central government employees and pensioners were hoping that FM Nirmala Sitharaman in her Union Budget 2025 speech would announce the roadmap for the new pay commission and an outlay to implement their recommendations for revising salary and pension for over 1.2 crore central staff. Expectations were also high because the Modi government
The Union Budget 2025 has introduced a key amendment in the taxation of Unit Linked Insurance Policies (ULIPs), bringing much-needed clarity to how proceeds from these investments are taxed. Until now, ambiguity surrounded the tax treatment of ULIPs where premiums exceeded certain thresholds, creating confusion for investors. The latest clarification ensures that such ULIPs will
Paytm on Monday announced that its wholly owned subsidiary, Paytm Cloud Technologies Limited’s (PCTL) board has approved an investment of $1 million or Rs 8.7 crore to acquire a 25 per cent stake in Seven Technology LLC. In a regulatory filing, One 97 Communications Ltd, the parent company of Paytm, said, “We have been informed
The brokerage firm Nuvama in its report on Union Budget 2025-2026 has laid out its expectations highlighting the balancing act the government faces between fiscal prudence and boosting consumption in the face of an economic slowdown. According to the brokerage firm, the Budget 2025 reflects an effort to stick to the fiscal glide path while
The share price of RVNL fell as much as 7.3% to an intra-day low of Rs 401.85 after Budget allocation for Indian Railways remained unchanged in the Union Budget 2025-26. The budget set for Indian Railways in the fiscal year 2025-26 is Rs 2.65 lakh crore, which is unchanged from the allocation of the previous
