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
The new mechanism to make recording of export-import data more efficient led to the double counting of some of the gold that entered the country via Special Economic Zones (SEZs) resulting in hugely inflated numbers for the month of November. In fact it was a 331% year-on-year increase in gold imports to $ 14.8 billion
The Madhya Pradesh High Court on Thursday lifted the stay on Religare Enterprises annual general meeting (AGM) as well as the Reserve Bank of India (RBI)’s approval for Burmans’ open offer to acquire an additional 26% stake in the company. Also ReadCourt stays Religare AGM, RBI’s nod for open offer A division bench, comprising chief
Even though the government has just appointed 24 members to the National Company Law Tribunal (NCLT) ahead of the Union Budget, the ministry of corporate affairs has sought significantly higher allocation of resources for strengthening of NCLT and NCLAT (National Company Law Appellate Tribunal) infrastructure as part of its budget proposals. Also ReadTata Elxsi Q3
Despite the rally in the stock market fizzling out after September, equity mutual funds (MFs) closed the year with net inflows of Rs 41,156 crore in December. This led to a year-on-year rise of 144%, taking the total equity inflows to a record Rs 3.9 lakh crore for 2024. Equity MFs saw the second-best monthly
The rupee on Thursday ended flay after hitting a lifetime low of 85.94 against a dollar during intra-day trade. The rupee continued with its downward trajectory as the dollar index maintained an upward momentum as minutes of US Fed’s December 17-18 meeting showed that it is expected to dial back the pace of interest rate
