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
Go to Live UpdatesHyundai Motor IPO India Subscription Status Today Live Updates: The Hyundai Motor IPO will be listing on the bourses on October 22. The company’s shares were attracting a premium of almost 4% in the unofficial market against a discount a few days ago. The issue was subscribed 2.37 times overall by the
8th Pay Commission for Government Employees: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to set up the 8th Pay Commission, which will revise the salary and pension of over 1.2 crore central government employees and pensioners. Confirming the news, Union Minister Ashwini Vaishnaw said the Prime Minister has approved
Press Information Bureau (PIB) has alerted State Bank of India’s customers regarding a prevalent online scam. The Fact-Check Unit of the PIB through a social media post has shared the modus operandi the cybercriminals are using to deceive SBI customers. These fraudsters are targeting the bank’s customers by sending a message asking them to download
Hit hard by elevated property prices and state elections in some states, housing sales dipped across India’s top cities in Q4 of 2024; however, one city could still defy the trend. Was it Mumbai, Ahmedabad, Pune, Delhi-NCR, or any other city? The latest report by PropTiger.com states that housing sales in India’s 8 prime residential
Spencer’s Retail Ltd on Thursday announced its fiscal third quarter earnings with loss at Rs 47.34 crore, narrowed from a loss of Rs 51.20 crore recorded during the third quarter of FY24. It posted revenue from operations at Rs 516.97 crore, reporting a drop of 20.95 per cent as against Rs 654.01 crore during the
DB Corp Ltd on Thursday announced its fiscal third quarter earnings with profit at Rs 118.21 crore, posting a drop of 4.65 per cent in comparison to Rs 123.98 crore during the third quarter of FY24. It posted revenue from operations at Rs 642.65 crore, down 0.32 per cent as against Rs 644.71 crore during
