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regulations for small and medium enterprises (SMEs), easier norms for REITs and InvITs, and a wider definition of unpublished price-sensitive information (UPSI).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
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is one of the flagship schemes launched by the Modi government to provide free medical care to citizens, especially from the economically weaker section in the society. However, concerns have been raised from time to time about its implementation, as several incidents have surfaced from different
NPS Calculator: The National Pension System (NPS) is one of the popular investment schemes that offer financial security and stability during old age as that is the time when retirees often lack a regular source of income. With life expectancy in India continuously increasing, it becomes more important for individuals to save for their golden
Pay Commission pensions revisions: The Centre recently gave details about subsequent pension revisions and other reforms undertaken for senior citizen pensioners falling in the age bracket of 80 to 100 years. In the Rajya Sabha, Parliamentarians Sadanand Mhalu Shet Tanavade, Baburam Nishad, and Subhash Barala sought details on the increase in grievance redressal by Pension
Stock market participants are expected to track global trends and the trading activity of foreign investors in a holiday-shortened week ahead, with no significant domestic triggers in sight, analysts said. The equity markets will remain closed on Wednesday for Christmas. Looking ahead, analysts pointed out that while no major domestic events are scheduled, several global
In 2024, fundraising through Initial Public Offerings (IPOs) in India hit a record high of Rs 1.6 lakh crore. This milestone was fueled by robust economic growth, favorable market conditions, and enhancements in the regulatory framework. The year saw diverse companies, ranging from large to small market capitalizations, tapping into the IPO route, with the
