Go to Live UpdatesWaaree Energies ipo Live: The initial public offering (IPO) of Waaree Energies has officially opened for subscription today, featuring a fresh equity sale of Rs 3,600 crore alongside an offer for sale (OFS) of 48 lakh shares. The subscription period will run until October 23. Prior to the opening, the company successfully
Multi Commodity Exchange rose 1.8% to hit a fresh 52-week high of Rs 6,680 a day after the commodity major swung into black. The company reported a net profit of Rs 153.6 crore in the second quarter of the current financial year compared to a loss of Rs 19.1 crore in the same quarter a
By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lackluster start to the earnings season weighed on sentiment, turning the bias negative. A recovery in banking
By Ravi Singh Nifty October futures are currently trading at a 75-point premium. We have seen a decent bounce of around 500 points after making a low of around 24,750 zone. We have seen a further downfall in the FII long ratio which is now at 35%. Furthermore, we have seen a sharp sell-off by
By Subash Gangadharan The daily timeframe indicates that Nifty is now stuck in a range between the 24900-25235 levels for the last one week. A close below this range could see the Nifty moving down towards the 20-week SMA at 24663. The momentum readings like the 14-day RSI are in decline mode which increases the
The National Stock Exchange (NSE) and BSE will hold their annual Diwali Muhurat trading session on Friday, November 1, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year, Samvat 2081. While the stock market will be closed for trading on Diwali, the special one-hour Muhurat trading session will be open
Shares of RBL Bank slumped by 13%, hitting an intra-day low of Rs 176.50 on the NSE today following the announcement of its Q2FY25 results. The bank reported a 24% year-on-year (YoY) decline in profit after tax (PAT) to Rs 223 crore for the quarter ended September 2024. RBL Bank’s Q2FY25 Performance Despite the dip
Petrol, Diesel Price Today 21 October 2024: Oil prices were steady at the time of early morning trade on Monday just after a major drop of 7% in the last week. The reason behind the decline has been credited to fear of less demand from China and ongoing conflict in the Middle East. As per
Rs 1 crore sounds like a huge amount. You might be thinking that if you accumulate Rs 1 crore after 25 years from your investments, you will be completely financially secure. But will it be like that? The problem is inflation. Inflation reduces the power of our money a little bit every year. The thing
Second home and vacation rental market in India is growing at a staggering speed with the current market sized over USD 3 billion. Indian buyers are now actively scouting for such properties in picturesque locations. What was once a fad or lifestyle upgrade for the well-heeled & selected few is seeing increased democratization, says the
Cognizant Technology Solutions Corp. has once again postponed the salary hikes and will now implement it in August this year, according to a report by Mint. This is reportedly the second time the company has postponed salary hikes in over five months. During a town hall at the company’s newly renovated Kolkata office on Thursday
UltraTech Cement share price rallied 4.8% to an intra-day high of Rs 10,621.80. They were holding the top spot in the Nifty 50. The surge in the stock price came after the management’s positive commentary on the cement business and brokerage notes. CLSA on UltraTech Cement: Upgrades rating and target price CLSA upgraded the stock
The US crypto strategic reserve announced by President Donald Trump is a significant move stemming from the country’s approach to lead the global market for digital assets. In January this year, Trump signed an executive order, ‘Strengthening American Leadership in Digital Financial Technology,’ that established the Presidential Working Group on Digital Asset Markets. The group aims to
