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
LeadSquared, a Bengaluru-based SaaS unicorn, is setting its sights on profitability by FY26, despite past challenges stemming from the downturn in the edtech sector. The company also aims to achieve IPO-readiness by the next fiscal year, marking a critical milestone in its growth journey. In FY24, LeadSquared reported revenue of Rs 279.3 crore, reflecting a
The GST Council’s decision to exempt gift vouchers from indirect taxation has brought much-needed clarity to the retail and corporate sectors, with industry leaders lauding it as a significant step forward. The council recently clarified that vouchers will not attract GST, as they are neither a supply of goods nor services. This resolves a long-standing
Bengaluru-based IndiQube, which provides co-working and managed office spaces, has filed its draft papers with the regulator for an initial public offering to raise Rs 850 crore. The offer consists of Rs 750 crore of fresh issue of shares while the offer-of-sale component is up to Rs 100 crore. Bengaluru-based IndiQube, a provider of co-working
In anticipation of the US going ahead with higher tariffs on Chinese imports, the Federation of Indian Export Organisations (FIEO) has formulated a strategy to raise its share in the US market. As part of the strategy, the apex body of export promotion councils has identified five sectors where emerging opportunities can be captured within
By Surender Negi food delivery major Swiggy plans to have at least 100,000 female delivery partners by 2030, according to company MD and group CEO Sriharsha Majety. Majety, while speaking at an event at the NSE headquarters on Tuesday, added that more women delivery partners on the road is a positive signal. Swiggy has joined
