GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Thursday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty was trading 310 points or 1.28% lower at 23,944 indicating a negative start for domestic indices NSE Nifty 50
The board of Securities and Exchange Board of India (SEBI) took as many as 19 decisions on Wednesday, including tighter listing regulations for small and medium enterprises (SMEs), easier norms for REITs and InvITs, and a wider definition of unpublished price-sensitive information (UPSI). In a bid to curb the manipulation by some SMEs to paint
The Securities and Exchange Board of India’s (SEBI) directive barring foreign portfolio investors from issuing offshore derivatives instruments (ODIs) with derivatives as underlying may have little impact on the segment since there have been negligible trades in this segment for over three years, said experts. However, the mandate to provide granular details of its ownership
Continuing their losing streak for the third straight session, the benchmark indices fell up to 0.62% as investors remained cautious ahead of the US Federal Reserve meeting outcome. After opening flat, the Sensex traded in positive territory briefly (intraday high of 80,868.02) but later succumbed to profit booking, hitting a low of 80,050.07. It finally
ishal Mega Mart Share Price Highlights: The company hit the D-Street with a premium of 33% to the issue price on December 18. The company’s IPO was subscribed to a total of 28.75 times. The retailers booked it 2.43 times and NIIs 15 times. The QIBs subscribed to it 85.11 times. The company raised Rs
The Indian rupee weakened by 3 paise to close at an all-time low of 84.94 against the US dollar on December 18, as traders awaited cues from the US Federal Reserve on interest rate decisions. The rupee’s decline was fueled by strong dollar demand from importers and foreign banks, continued foreign fund outflows, and a
Dalal Street is gearing up for an action-packed session with five IPOs making their debut – three from the mainboard and two from the SME segment today, December 18. Among these, the key contenders in the spotlight are Mobikwik and Vishal Mega Mart, the two mainboard IPOs and vastly different companies from each other. Among
MobiKwik IPO Share Price Highlights: The stock saw a strong debut on NSE, BSE. It listed at 57% premium to issue price. The issue received an overwhelming response from the investors. They subscribed to the issue a total of 125.69 times. The retailers booked it 141.78 times and NIIs 114.7 times. The QIBs subscribed to
NPS Calculator: With retirement, your regular income from employment comes to an end, and if you don’t have any other source of income during your later years, you might find yourself in financial difficulties. In 2009, to help citizens avoid such a problem, the government extended the facility of the National Pension System (NPS), commonly
With the Centre recently agreeing to the central government employees’ demand for the 8th Pay Commission, will it now address their call to release the dearness allowance (DA) arrears frozen during COVID-19? The DA is typically revised twice a year, in January and July. However, after the COVID-19 pandemic broke out, the Centre withheld three
Union Minister Nitin Gadkari stated on Saturday that India’s automobile industry is set to become the largest in the world within the next five years. He highlighted that the industry has already created 4.5 crore jobs, the highest in the country. Speaking at a Federation of Automobile Dealers Association (FADA) event, Gadkari emphasised the strong
With Finance Minister Nirmala Sitharaman all set to table the Union Budget 2025 in Lok Sabha on February 1, the real estate segment is betting on industry status for the sector, incentives for affordable housing and sops for sustainable development. The real estate industry is hoping for transformative measures in the form of incentives and
Investors lost a record Rs 13.3 lakh crore in the first fortnight of the current calendar year — the highest-ever in absolute terms. In percentage terms, the 3% decline was the second-highest in a decade. Foreign portfolio investors (FPIs) were the primary drivers of the downturn, selling shares worth $4.9 billion (Rs 42,363 crore) during
