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
Investors saved around Rs 2,000 crore to Rs 20,000 crore as Zerodha waived brokerage charges for equity delivery. In a post on X (formerly Twitter), Nithin Kamath, Founder & CEO of Zerodha, said that the company for the first time decided to charge zero brokerage in December 2015. Despite having issues in the options business
The Indian rupee posted its best day against the dollar in more than a month on the back of dollar inflows and an unwinding of speculative long-dollar positions, which also helped it log its best week in more than two years. The rupee ended at 85.9725 against the U.S. dollar from 86.3675 in the previous
Shares of Infosys and Wipro took a hit on the New York Stock Exchange (NYSE) on Thursday, reacting to Accenture’s latest earnings report. The American Depository Receipts (ADRs) of Infosys dropped 3.5% to $17.9, while Wipro’s ADRs slipped 3.2% to $2.79. This decline came despite Accenture raising the lower end of its full-year revenue forecast.
In a major update for UPI users, the National Payments Corporation of India (NPCI) has said that the Unified Payments Interface (UPI) services will not work on numbers that are inactive or reassigned to new users. The new regulations will be effective from April 1, 2025. To prevent fraud and unauthorised transactions, mobile numbers not
Gold prices decreased Rs 400 to Rs 91,250 per 10 grams in the national capital on Friday due to profit-booking and a subdued trend in the global markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 91,650 per 10 grams on Thursday. Gold of
