Gold and silver rates today, October 21 The 24-carat gold rate in India was Rs 77,770 per 10 grams on October 18. The rate for 24-carat gold per gram is Rs 7,777. The rate of 22-carat gold was Rs 71,289 per 10 grams. The rate of 24-carat gold has risen by 2.26% in the last
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
Adani Enterprises on Monday announced that its wholly owned subsidiary, Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works India (Engineering) Private Limited, a private sector MRO company with a pan-India footprint. The cost of acquisition would be at an enterprise value
Indian benchmark equity indices BSE Sensex and Nifty 50 ended the day on a green note (December 23). The BSE Sensex ended the day at 78,540.17, up by 478.58 points or 0.64 per cent, while the NSE Nifty ended at 23,753.45, gaining 165.95 points or 0.7 per cent. The Nifty Bank index also ended on
NACDAC Infrastructure IPO, which ran its subscription from December 17 to December 19, is all set to make its debut on the BSE SME platform tomorrow, December 24. The IPO, which captured investor interest during its three day process with record-breaking subscription figures, is now generating buzz in the grey market with a sharply rising
Indian equity markets are to remain open on February 1 – Budget Day – on account of the the Union Budget 2025-26 presentation. This will be a special trading session by the exchanges. The announcement is very important as February 1 is on Saturday. Normally, the markets are shut on weekends. However, as the Budget
Kisan Credit Card Scheme: The Kisan Credit Card (KCC) scheme was launched to cater to the financial needs of farmers at different stages of farming. It provides a streamlined credit support system through banks, ensuring timely and adequate financial assistance under a single-window approach. The KCC scheme simplifies the loan process, offering farmers a flexible
