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
Managing personal finances has become more essential and increasingly complex in the modern digital age. The convenience of online shopping, digital payments, and mobile banking has made transactions effortless, yet it has also led to unintentional overspending, with the cumulative effect of frequent, seemingly small purchases often slipping under the radar. This is where a
The Reserve Bank of India (RBI) has recently reduced the repo rate by 25 basis points to 6.25%, with expectations of further cuts in upcoming monetary policy meetings, potentially leading to cheaper loans. A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an immediate reduction in
With the looming uncertainty due to rising trade tensions and economic uncertainties on the back of Trump tariffs, brokerage firms are trimming their earnings estimates for the IT services players. In line with this, InCred Equities has trimmed its earnings estimates for Tata Consultancy Services (TCS) to ‘account for tariff-led uncertainty’. The brokerage firm had
The markets are taking a breather but that doesn’t mean you cannot look for value buys at the moment. The brokerage firm, Motilal Oswal has reiterated a ‘Buy’ rating on three key stocks, citing strong growth potential and strategic expansions. The brokerage firm believes these stocks are well positioned to benefit from industry tailwinds and
The Bombay High Court on Tuesday stayed for four weeks a special court’s order directing FIR against ex-Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations, noting the order was passed mechanically. A single bench of Justice Shivkumar Dige said the special court order of March 1
