By Ravi Singh Nifty October futures are currently trading at a 50 point premium. The Nifty is continuing to trade in a range of 24,500-25,000. We have seen a further downfall in the FIIs long ratio which is now at 33%. Furthermore we saw an extended selling by FIIs in the cash segment as they
Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023. On October 22, the
Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw
Petrol, Diesel Price Today 23 October 2024: Oil prices were slightly down on Wednesday following a report which indicated that US crude inventories have increased more than the expectation. The ongoing attacks by Israel on Gaza and Lebanon have raised concern as global markets are monetary in the situation in the Middle East. As per
Go to Live UpdatesIndus Towers Share Price Today Live Updates, 23 Oct, 2024: Indus Towers shares are in the news after it reported its Q2 FY25. The counter closed trade on 22 Oct, 2024 at Rs 366.7. The shares touched intraday high of Rs 378.1 in the last trading session while the intraday low was
Go to Live UpdatesBajaj Finance Share Price Today Live Updates, 23 Oct, 2024: Bajaj Finance shares are in the news after it reported Q2 FY25 numbers. The counter closed trade on 22 Oct, 2024 at Rs 6677.40. The shares touched intraday high of Rs 6833.95 in the last trading session while the intraday low was
The Indian equity markets have fallen 5.7% in the last one month and the Nifty is down 7% from an all-time high of 26,277.35 on the back of sub-par corporate earnings and China’s stimulus push. Well, let’s pause and take note of the stupendous run thus far. From last Diwali to current levels, the Nifty
Shares of online food delivery company Zomato are set to be in focus after the company’s Q2 earnings report revealed a profit miss compared to Street estimates. Despite this, Zomato posted robust growth across key segments, with its profit and revenue significantly improving year-on-year. Profit Soars 389% YoY Zomato’s profit for the second quarter surged
The Income Tax Return (ITR) filing season is in full swing. Like every year, taxpayers while filing their ITRs grapple with issues related to forms, rules or eligibility to claim certain deductions and exemptions. Among various other issues, this time one of the major confusions among taxpayers is being seen regarding the rebate available under
IT firm, Tata Consultancy Services (TCS) plans to reduce its workforce by 2 per cent in the financial year FY26, as per media reports. The move is expected to affect around 12,200 jobs, from its total workforce of over 6.13 lakh. Jefferies believes the move could lead to short-term execution issues and a long-term spike
The country’s power regulator, CERC, has literally shaken up the power sector after it issued an order to implement market coupling from January 2026. According to the CERC order, it plans to initiate market coupling in the Day-ahead Market by February 2026. While the IEX share price has seen topsy-turvy moves as a result, it
Veteran investor and author Jim Rogers has reasserted his confidence in silver, adding that he will continue to hold gold and silver and that it would be part of his “estate for his children”, Economic Times reported. Rogers stated that he purchased more silver just last week and would continue to buy it if the price remains
Tata Consultancy Services (TCS) plans to let go around 2% of its global workforce, which translates to over 12,000 employees, by 2026. This is part of a restructuring exercise to make the company more agile and technology aligned. ALSO READTCS to lay off 2% workforce, over 12,000 mid and senior grade employees to be impacted
