Mutual fund houses are sitting on a war chest of Rs 2 lakh crore to support the market at a time when foreign institutional investors (FIIs) have gone on a selling spree, said industry players. This includes Rs 1.25 lakh crore of cash with open-end schemes and fresh inflows. Also, sitting on the sidelines is
Key indices snapped a five-day losing streak on Monday and the Sensex reclaimed 80,000 points level as expectations of easing geopolitical tensions in the West Asia and strong earnings from ICICI Bank brought much-needed relief for investors. The Sensex gained 602.75 points, or 0.8%, to 80,005.04 points, and the Nifty rose 158.35 points, or 0.7%
By Deven Choksey It is said that next 10 years are going to be GOLDEN years of India’s economy and market wealth. Let me reflect on those opportunities as I see it, which will shine brightly for investors. Between last Diwali in November 2023 and this one, India’s market capitalization has grown to over $5
In the run-up to Diwali, investor returns have hardly the sparkle that retail players were anticipating earlier. The Nifty has fallen nearly 6% over the past 1 month, while the Sensex has lost over 4,800 points or almost equal in terms of percentage loss. October is shaping up to be particularly challenging, resulting in the
By Anand James Rollovers have picked up, but do not seem to be large enough to suggest a hurry or an extension in the ongoing downtrend. They are at 19.25 and 23.57 for Nifty and Nifty Bank respectively, well in line with the last four months’ average. Nifty and Bank Nifty straddles are also priced
Shares of Waaree Energies made an impressive debut on the stock exchanges today, opening at Rs 997 on the NSE, marking a 66.33% premium over its IPO price of Rs 1503. The BSE listing was equally strong at Rs 997, reflecting a 66.33% premium. Record-Breaking IPO Subscription The Waaree Energies IPO achieved an overall subscription
Go to Live UpdatesAfcons Infrastructure ipo 2024 Live: The IPO opened on October 25. It closes a day ahead of Diwali 2024 i.e. October 30. The issue has been subscribed to a total of 0.10 times. The retail buyers subscribed to the issue 0.14 times. The company wants to raise a sum of Rs 5,430 crore.
Shares of Deepak Builders & Engineers had a subdued debut on the stock exchanges today, listing at a discount on both the NSE and BSE. The stock opened at Rs 200 on the NSE, reflecting a 1.48% drop from its IPO price of Rs 203. Similarly, on the BSE, the stock listed at Rs 198.50
On April 18, 2025, at the time of writing this article, gold prices in India have breached the Rs 96,000 per 10 grams, driven by a host of domestic and global factors. In the international market, gold prices have crossed USD 3,300 an ounce level. There are many big reasons behind this unprecedented rise at
Apple is losing its ground in China’s smartphone market. According to a Reuters report, the smartphone’s shipments in China dropped by 9% when compared to the same period last year. The report suggested that Apple is the only major brand to have seen a major drop amid the ongoing trade war between China and the US.
One of the most buzzing multibagger stocks, Suzlon Energy’s share price has fallen 16% in 2025 so far. The stock has been a multibagger over the long run. In the past 1 year, it has delivered returns of over 33%, though it had corrected significantly in the Covid times. The stock used to trade around
The Income Tax Return (ITR) filing for the financial year 2024-25 will kick in soon once the tax department makes available online and offline forms and utilities on the e-filing portal of the Income Tax Department. Taxpayers, including salaried individuals, keenly await the tax department to upload the necessary utilities to facilitate ITR filing so
Reliance Industrial Infrastructure Limited (RIIL) has released its fiscal fourth quarter earnings report and alongside, has also announced a dividend of Rs 3.50 per equity share of Rs 10 each for the financial year ended March 31, 2025. In a regulatory filing, the company said, “The Board of Directors have recommended, subject to approval of
