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Avalon Tech's Rs 865-crore IPO to open on April 3

The IPO consists of a fresh issue of ₹320 crore and an offer for sale (OFS) of shares worth ₹545 crore by promoters and existing shareholders. The company will use the proceeds from the fresh issue for debt payment, working capital requirements, and general corporate purposes.
2023-03-29T06:05:37+05:30

Udayshivakumar Infra IPO share allotment likely today. Here's how you can check the status

On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE.
2023-03-28T16:40:21+05:30

Alibaba splits into six units that may pursue individual IPOs

“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.
2023-03-28T15:15:47+05:30

J G Chemicals receives Sebi approval for IPO

The company had filed preliminary IPO papers with Sebi on January 4, 2023. The IPO consists of a fresh issue of Rs 202.50 crore and an offer-for-sale of up to 5.7 million equity shares by its existing shareholders and promoters.
2023-03-28T14:18:24+05:30

Avalon Technologies IPO to open on April 3, price band fixed

According to market sources, the company's shares are being enquired for a premium of Rs 25-30 in the unlisted market. The company is yet to announce the price band for the IPO.
2023-03-28T12:08:29+05:30

Avalon Technologies IPO: 10 things to know about this public offer

Avalon is a fully integrated electronic manufacturing company that offers end-to-end service solutions. The company has 12 manufacturing units located across the US and India. Some of its key clients include Kyosan India, Zonar Systems Inc, Collins Aerospace, and eInfochips, among others
2023-03-27T16:56:27+05:30

SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds

In the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it is expected to receive.
2023-03-27T15:10:27+05:30

Mamaearth IPO on hold amid subdued market conditions: Report

Backed by investors such as Sequoia Capital and Belgium's Sofina, Mamaearth is now in a "wait and watch mode", a Reuters report said, citing turbulence in stock markets globally amid worries about the financial health of banks.
2023-03-27T12:06:07+05:30

Avalon Technologies' Rs 865 crore-IPO to open for subscription on April 3

The company has cut the size of its IPO to Rs 865 crore from Rs 1,025 crore planned earlier. The reduction in the IPO size was a result of the pre-IPO placement carried out by the company, which amounted to Rs 160 crore.
2023-03-26T13:46:30+05:30

Sotac Pharmaceuticals among 3 IPOs scheduled for subscription this week

Steel bars and wires manufacturer Maiden Forgings opened for IPO on March 23 to raise Rs 23.84 crore. The IPO will close on March 27. The new issue consists of 37,84,000 equity shares worth Rs 10 apiece, with a ceiling on the issue price between Rs 60 and Rs 63
2023-03-26T11:08:07+05:30

Avalon Technologies' Rs 865-cr IPO to kick off on Apr 3

The three-day initial public offering (IPO) will close on April 6, and the bidding for anchor investors will open on March 31, according to the red herring prospectus (RHP).
2023-03-25T14:54:07+05:30

Jaipur-based Motisons Jewellers files DRHP with Sebi for IPO

Through the IPO, the company plans to raise about Rs 130 crore, of which Rs 58 crore will be used to repay loans availed by the company from scheduled commercial banks, and Rs 71 crore for funding working capital requirements, besides general corporate purposes.
2023-03-25T12:40:42+05:30

Udayshivakumar Infra IPO subscribed 16 times so far on Day 4; check GMP and other details

"The current grey market premium (GMP) of Udayshivakumar Infra is Rs 10 as of March 23rd, 2023. Considering the upper band price of Rs 35, the share could give a listing gain of 28% to investors," Manish Khanna, Co-founder of Unlisted assets, said.
2023-03-23T14:56:23+05:30

Non-banking lender SBFC cuts IPO size, refiles papers with Sebi

About 50% of the offer will be available for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Bidders, and not less than 35% will be reserved for retail investors. The offer also includes a reservation for subscription by eligible employees.
2023-03-22T18:41:59+05:30

Udayshivakumar Infra IPO subscribed 5.15 times on Day 3; GMP falls

According to market sources, the grey market premium (GMP) of Udayshivakumar Infra, which indicates the premium commanded by shares in the unlisted market, has dropped down to Rs 6-7.
2023-03-22T14:58:33+05:30

Jupiter Hospital likely to file for ₹1,100 crore IPO soon

The proposed IPO will have both fresh issue of shares and offer for sale components.
2023-03-22T10:25:47+05:30

MobiKwik eyes fresh IPO in 12-18 months

“We had planned (the IPO in) March 2022 but before that the Ukraine war happened and Nasdaq started crashing. So, all the multiples were going down,” Taku said on the sidelines of an event, adding that the fintech firm continues to be in an IPO ‘ready mode’.
2023-03-22T07:04:33+05:30

Udayshivakumar Infra IPO sails through on Day 2 despite weak market sentiments

According to market sources, the grey market premium (GMP) of Udayshivakumar Infra, which indicates the premium commanded by shares in the unlisted market, was unchanged at Rs 10. Analysts are mixed on whether investors should subscribe to the IPO given muted market sentiments.
2023-03-21T13:14:16+05:30

IndiaFirst Life Insurance gets SEBI approval to float IPO

IndiaFirst Life Insurance Company recorded its highest five-year growth in terms of New Business Individual Rated Premium (IRP) amongst life insurers with PSU bank percentage, with a CAGR of 27.3% between fiscal 2017 to fiscal 2022.
2023-03-21T11:16:57+05:30

SME IPO: After 384x subscription, Mcon Rasayan India shares list at strong 20% premium

Managing director Mahesh Bhanushali had earlier expressed his gratitude for the overwhelming response the IPO received. He said strong demand for the issue reflected the investors' trust and confidence in the company's growth prospects and the management.
2023-03-20T17:31:08+05:30

Udayshivakumar Infra IPO subscribed 58% on Day One

According to market sources, Udayshivakumar Infra shares are commanding a premium of Rs 10 in the unlisted market, which is higher than the previous day.
2023-03-20T13:27:44+05:30

Global Surfaces IPO share allotment expected today. How to check status

According to market analysts, the grey market premium, which indicates the premium commanded by shares in the unlisted market, fell sharply from subscription closing date to around Rs 15. The company has fixed a price band of Rs 133-140. At the upper end, the company's shares are expected to get listed at 10% premium.
2023-03-20T09:52:24+05:30

Udayshivakumar Infra IPO opens for subscription. Should you bid?

The company has 46 work orders in hand having an aggregate order book value of Rs 1,291 crore, as of the December quarter. Out of these, 30 are ongoing and 16 are new work orders, which are yet to start.
2023-03-20T09:30:55+05:30

Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos

The six companies had filed their preliminary initial public offering (IPO) papers with Sebi between September 2021 and May 2022 and their papers were returned during January-March (till March 10).
2023-03-19T11:32:02+05:30

Govt approves listing of state-owned IREDA by selling part stake

DIPAM will drive the listing process for which the Centre had given initial approval in 2017.
2023-03-17T20:10:05+05:30

Udayshivakumar Infra IPO to open for subscription on March 20. Check GMP & other details

About 60% of the offer is reserved for retail investors, while 30% is set aside for non-institutional investors. Meanwhile, 10% of the issue is reserved for Qualified institutional buyers (QIB).
2023-03-17T13:29:37+05:30

Maiden Forgings to launch IPO next week; aims to raise Rs 24 crore

Out of the total 37,84,000 equity shares on offer, not more than 17,97,000 equity shares have been reserved for Qualified Institutional Buyers (QIB). A total of 5,39,100 shares have been reserved for Non-Institutional Investors (NII) and the rest for retail individual investors.
2023-03-17T11:16:11+05:30

Another FPO on cards for Patanjali Foods; process to start from April: Baba Ramdev

In an interview with PTI, Ramdev assured his investors and public shareholders that there would be no impact of Patanjali Foods Ltd's (PFL) operation and financial performance and its growth trajectory will remain intact.
2023-03-16T14:41:12+05:30

Investor sentiment fizzles out in IPO mart. What's in store for rest of the year?

Equity markets were plagued by a host of issues this year including rising interest rates, slowing economic growth, Adani crisis and the latest fallout of the banking crisis in the US. Benchmark Nifty is currently 10% down from its peak.
2023-03-16T10:30:19+05:30

White label ATM provider India1 Payments defers IPO plans

It is not planning to seek a fresh approval for the IPO immediately from the Securities & Exchange Board of India because of the current choppy market. "We’re not in a hurry to go and, you know, sell it at any cost," managing director K Srinivas told ET.
2023-03-15T22:20:00+05:30

Global Surfaces IPO subscribed 12.21 times on Day 3

According to analysts, the grey market premium, which indicates the premium commanded by shares in unlisted markets stoo Rs 20. The company has fixed a price band of Rs 133-140. At the upper end, the shares are expected to list at 14% premium over the issue price.
2023-03-15T13:40:22+05:30

Divgi TorqTransfer lists at 5.1% premium

The ₹412-crore IPO comprised a fresh share issue of ₹180 crore and an offer for sale of 3.93 million shares by existing shareholders. As part of the offer for sale, Nilekani's family trust offloaded 1.44 million shares.
2023-03-15T06:01:00+05:30

Global Surfaces IPO fully subscribed on Day 2

Global Surfaces, which is into processing natural stones and manufacturing engineered quartz, has collected Rs 46 crore from anchor investors and set a price band of Rs 133-140 per share. At the upper end of the price band, the company is expected to fetch Rs 155 crore from the IPO
2023-03-14T13:45:34+05:30

SME IPO: Nirman Agri Genetics public issue to open on March 15. Check GMP and other details

The proceeds from the IPO will be used for funding additional working capital, investment in strategic acquisitions and other general corporate purposes.
2023-03-13T21:39:12+05:30

Divgi TorqTransfer shares expected to make a debut on exchanges tomorrow. What GMP signals ahead of listing?

The company's grey market premium is at 18, according to market analysts.The issue was subscribed 5.44 times, driven by strong interest from retail investors
2023-03-13T14:37:04+05:30

Global Surfaces IPO: Check subscription status, GMP and other details

The company has fixed a price band of Rs 133-140. The company plans to raise about Rs 154.98 crore at the upper end of the price band
2023-03-13T14:24:03+05:30

Global Surfaces IPO opens. Should you subscribe to the issue?

Religare broking said the company has a strong opportunity in the international market and its new products and designs would aid growth and increase operational efficiency. The brokerage has a "neutral" rating on the public offer.
2023-03-13T09:26:28+05:30

Global Surfaces among 5 IPOs that will open for subscription this week

The price band for its initial public offering has been fixed at Rs 133-140 per share. Investors can bid for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter
2023-03-12T13:38:21+05:30

Global Surfaces IPO: 10 things you must know before investing

Global Surfaces will be open for subscription on Monday to raise funds through an initial public offering. The company will raise Rs 155 crore at the upper price band of the issue. The shares of the company will be listed on both NSE and BSE. The company will be offering 1,10,70,000 equity through the initial public offering through the book-building process.
2023-03-12T10:47:56+05:30

Tata Technologies IPO: 10 things to know about the public offer

The size of the IPO wasn’t disclosed. However, according to Krishna Raghavan, Founder, UnlistedKart, a SEBI-registered research analyst firm, Tata Technologies' recent buyback valued the company at Rs 16,080 crore, indicating that the offered size could be at least Rs 3,800 – Rs 4,000 crore.
2023-03-11T13:32:49+05:30

Tata Technologies IPO: What it means for Tata Motors investors and key details you need to know

2023-03-10T18:28:43+05:30

Flipkart not averse to Dalal Street IPO

The Flipkart IPO has been in the works since the last few years and it was earlier reported that the company is eyeing a listing on Wall Street
2023-03-10T15:53:09+05:30

Tata Technologies IPO: What it means for Tata Motors investors

Under the IPO, Tata Motors intends to sell 81,133,706 shares of its subsidiary. Two other shareholders - Alpha TC Holdings and Tata Capital Growth Fund I - of the company are also selling shares in the offer.
2023-03-10T13:43:51+05:30

Tata Technologies files IPO papers with Sebi

The IPO is being launched by way of an offer for sale (OFS) of up to 95,708,984 equity shares, representing approximately 23.60% of its paid-up share capital.
2023-03-10T09:24:31+05:30

Global Surfaces IPO to open next week. Check price band and other details

The IPO comprises fresh issuance of 85.20 lakh equity shares and an Offer For Sale of up to 25.5 lakh equity shares by promoters Mayank Shah and Sweta Shah. The company said IPO proceeds will be used for investment in its arm Global Surfaces FZE for part-financing its capex requirements of setting up the manufacturing facility in Dubai and other general corporate purpo
2023-03-09T14:23:49+05:30

Byju’s is said to seek $250 million in Aakash pre-IPO funding

Aakash Educational Services will issue convertible notes that will convert into equity at a discount of 20% to the listing price of the unit’s planned initial public offering
2023-03-09T10:16:19+05:30

Divgi TorqTransfer IPO allotment today. How to check status

The part reserved for retail investors was subscribed 4.31 times, while non-institutional investors (NIIs) and qualified institutional buyers (QIBs) parts were subscribed 1.4 times and 7.83 times respectively. The shares are expected to be listed on the exchanges on March 14.
2023-03-08T13:25:27+05:30

SoftBank's arm aims to raise at least $8 billion in US IPO, say sources

The preparations for the IPO are expected to be kick-started in the U.S. in the coming days, the sources said. The valuation range has not yet been finalized but Cambridge, England-based Arm is hoping to be valued at more than $50 billion during its share sale, the sources said
2023-03-06T19:11:14+05:30

Nova Agritech files DRHP to raise funds via IPO

According to the draft papers, the issue with a face value of Rs 2 per equity share consists of a fresh issue of equity shares worth up to Rs 140 crore and an offer-for-sale (OFS) of up to 77,58,620 equity shares by Nutalapati Venkatasubbarao
2023-03-06T17:18:32+05:30

Airox Technologies scraps IPO plans; withdraws IPO paper

However, the draft offer documents for the IPO were withdrawn on February 28 and the reasons for the withdrawal have not been disclosed, an update with the markets regulator showed on Monday
2023-03-06T16:19:46+05:30
Momentum Pick: 18% downside seen in Thermax! Use dips to accumulate stock for long-term gains

“Given robust financials and ample business opportunities, we expect Thermax to trade at a premium. In the long term, Thermax with its strong execution and technological capabilities in green energy and the wastewater industry should be able to deliver strong performance,” .
2023-03-29T08:39:57+05:30

Stocks in focus: NBCC, PNB Housing and more

2023-03-29T08:33:57+05:30

SBI Card, Hindustan Zinc stocks to trade ex-dividend on Wednesday

The interim dividend will be paid to the shareholders whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on March 29, which is the record date.
2023-03-29T08:30:11+05:30

Fitch says contagion risks loom over 2 Adani companies

Fitch said that Adani Transmission Limited and Adani Ports and Special Economic Zone are prone to risks which could affect financial flexibility.
2023-03-29T08:28:57+05:30

AMC Entertainment shares jump on report Amazon exploring a deal

Amazon last year closed its $8.5 billion deal for MGM, adding the company behind "Rocky" and James Bond in a bid to beef up its Prime Video streaming service amid intensifying competition.
2023-03-29T08:19:17+05:30

Big Movers on D-St: What should investors do with Bandhan Bank, Kalyan Jewellers and Glenmark Pharma?

The price has made a Lower Top Lower Bottom Pattern during this correction. In the current week, the price breached the previous 52-week low of 197 and corrected further to make lows of 186 odd levels with high volumes.
2023-03-29T08:17:47+05:30

Asian stocks rally as banking anxiety eases; Alibaba surges

Following weeks of volatility in the market after the unexpected failure of two U.S. banks and the rescue of Credit Suisse in Europe, investor nerves were calmed this week by the sale of assets in collapsed lender Silicon Valley Bank and no new signs of further stresses in the banking system.
2023-03-29T08:04:30+05:30

U.S. FDIC tells Signature Bank's crypto clients to close accounts by April 5

The FDIC had said that the deal would see Flagstar Bank assume substantially all of Signature Bank's deposits, some of its loan portfolios and all 40 of its former branches. Roughly $60 billion of Signature Bank's loans and $4 billion of its deposits would remain with it in receivership.
2023-03-29T07:57:15+05:30

Dollar on the defensive as banking fears ebb; yen drops

The dollar index, which tracks the currency against six major peers, was flat in early Asian trading, following drops of about 0.3% in each of the past two sessions. The weakness comes despite a rise in U.S. Treasury yields, which is also the result of ebbing demand for the safest assets.
2023-03-29T07:50:45+05:30

​4 NSE stocks signallingbullishreversalon candlestick screener​

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2023-03-29T07:45:02+05:30

US stock market: Wall Street falls while bond yields rise with gold

Crude prices rose modestly, extending sharp gains from the previous session due to supply disruption risks from Iraqi Kurdistan and hopes that banking sector weakness is contained. Crude prices rose more than $3 a barrel on Monday on supply concerns after export halts from Iraq's Kurdistan region.
2023-03-29T07:44:26+05:30

Gold edges lower as banking relief, steady dollar dampen demand

As stress in the banking sector appears to subside, markets are now pricing in a 48% chance of the U.S. Federal Reserve raising interest rates by 25 basis points in May, according to the CME FedWatch tool. Bullion is seen as a hedge against inflation, but the opportunity cost of holding non-yielding gold rises when interest rates are increased to bring down inflation.
2023-03-29T07:39:56+05:30

Oil gains for 3rd day on Kurdish supply concerns, easing banking fears

Analysts had expected U.S. crude oil stockpiles to have risen last week, while distillate and gasoline inventories were seen down. The U.S. Energy Information Administration will release its weekly report at 10:30 a.m. (1430 GMT) on Wednesday.
2023-03-29T07:31:06+05:30

Stock Market Live Updates: SGX Nifty signals a muted start; Asian shares trade higher

2023-03-29T07:28:15+05:30

​5 bank stocks that signal bearish reversal on candlestick screener​

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2023-03-29T06:52:22+05:30

ITC plans Rs 3,000 crore yearly growth push, says Chairman and MD Sanjiv Puri

Puri expects the fast-moving consumer goods (FMCG) industry to bounce back by volume sales growth from the next fiscal year, led by rural demand, with early signs of recovery already visible. Puri said the revival will be accelerated, with inflation cooling down and product prices correcting.
2023-03-29T06:24:59+05:30

Supreme Court verdict on fraud loans may remove hurdles for lenders

Bankers and lawyers said that though the process to declare a fraudulent account may get elongated after the Supreme Court verdict, a detailed standard operating procedure (SoP) will eventually eliminate legal hurdles in the future. On Monday, a two-judge bench of Chief Justice of India DY Chandrachud and Justice Hima Kohli said that borrowers must be heard before their accounts are classified as fraud, upholding a Telangana High Court order against an appeal by State Bank of India (SBI).
2023-03-29T00:18:34+05:30

IRDAI's new rules for commission payouts may lead to better pricing

While the Payment of Commission Regulations, 2023, removes previous caps on payments, the Expenses of Management (EOM) Regulations, 2023, allows for additional expenses related to foreign and IFSC branches, Insurtech, and insurance awareness. The new regulations issued by the Insurance Regulatory and Development Authority of India (IRDAI) will be effective from April 1.
2023-03-29T00:18:17+05:30

US officials signal new rules for banks after SVB, Signature failures

2023-03-28T22:26:04+05:30

Promoters increase stake in Aster DM Healthcare by 4% for Rs 460 cr

The hospital chain operates 15 hospitals offering 4,095 beds, which will go up to 4,670 across 18 hospitals by the next financial year and is the largest chain in the GCC countries with 15 hospitals. They also operate 113 clinics and 257 pharmacies in these Gulf Cooperation Council markets
2023-03-28T22:16:35+05:30

Sebi introduces framework for scheme of arrangement by unlisted stock exchanges, clearing corps, depositories

The provision may not apply to schemes which solely provide for merger of a wholly-owned subsidiary or its division with the parent company. However, such draft schemes will be filed with Sebi for the purpose of disclosures and the same will be disseminated on the websites of the unlisted MIIs concerned, according to a circular
2023-03-28T22:07:13+05:30

Sebi discontinues payment through demand draft mode for intermediaries

The regulator has decided to introduce the changes in the Securities Lending Scheme, whereby intermediaries will have to send the fee payable, by way of direct credit into the bank account through NEFT/RTGS/IMPS or online payment using the Sebi payment gateway
2023-03-28T22:01:13+05:30

Stock Radar: Buy Craftsman Automation for a target of Rs 3400 in next 2 months

2023-03-28T22:00:00+05:30

Ahead of Market: 10 things that will decide D-Street action on Wednesday

European banks rose 1.2%, adding to Monday's 1.4% gain. Swiss bank UBS climbed 1.6% after CEO Ralph Hamers said the bank saw its government-orchestrated takeover of Credit Suisse as a growth opportunity, in an internal memo seen by Reuters. Credit Suisse shares rose 1.7%
2023-03-28T21:59:24+05:30

Banking rebound remains fragile as regulators review response to failures

Investor confidence in the banking sector remains fragile as the ECB highlights the need for greater regulatory scrutiny following recent volatility, which saw European banks weaken slightly. Bank stocks in the US, however, rose slightly, overall financial stability remaining on a solid footing despite event-triggered banking fears
2023-03-28T21:38:06+05:30

Fed official: Bank rules under review in wake of SVB failure

Silicon Valley Bank's management was informed by the Federal Reserve's bank supervisors of the risks of the bank's unusual business model in the fall of 2021, says Michael Barr, the Fed's vice chair for supervision. Barr said the bank's managers failed to address the problems, despite being given a low rating, while Silicon Valley Bank's failure was the result of mismanagement
2023-03-28T21:28:25+05:30

​7 stocks slip up to 19% in a month, hitting new 52-week lows

2023-03-28T21:08:57+05:30

Market Watch: Sensex, Nifty stay in the grip of bears, global sentiment improves

2023-03-28T21:07:47+05:30

​Ultratech Cement among 5 stocks seeing a short build-up​

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2023-03-28T21:06:26+05:30

Gold Price Today: Yellow metal at day’s high on dollar retreat; buy April futures, says analyst

Commodity and currency expert Anuj Gupta recommends a buying strategy on gold and silver futures over the remaining part of the trading session, said Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities.
2023-03-28T20:44:40+05:30

ReNew repays USD 1 bn to offshore bondholders

Over the past fiscal year, the Nasdaq-listed company refinanced USD 525 million in the domestic markets ahead of the March 2024 maturity, in addition to repayment of USD 300 million from its internal cash flow accruals.
2023-03-28T20:37:27+05:30

Oil extends gains on Kurdish supply risks and banking relief

Crude oil prices extended gains on Tuesday with Brent crude futures rising by 0.4% to $78.44 and West Texas Intermediate US crude up 0.4% at $73.07. The price rise followed an Iraqi arbitration decision, which confirmed that if the country wished to ship oil, it required Baghdad's consent. If this results in a protracted outage, Barclays estimated prices could increase. Meanwhile, positive news regarding banking and signs of China's recovering demand also contributed to the upward pressure on prices.
2023-03-28T20:34:23+05:30

Infosys, ICICI Bank among 10 stocks with more than 30 buy calls

2023-03-28T20:11:47+05:30

Adani CFO slams 'misleading' reports on debt repayment

Taking to Twitter, Jugeshinder Robbie Singh said the deliberate subterfuge will be clear to all once exchanges update the data post end of quarter. Earlier, a report by The Ken claimed that the present data available with the exchanges is not matching with the conglomerate's statement of repaying all the $2.15 billion of share-backed debt.
2023-03-28T19:56:28+05:30

Dollar slips as banking sector fears ebb

The US dollar has fallen for the second consecutive day against a basket of other currencies, as concerns over global banking disorder eased. Some solace was taken from North Carolina's First Citizens BancShares proposal to buy all deposits and loans from failed lender Silicon Valley Bank, suggesting no more cracks have emerged in the banking system. As a result, investors used riskier currencies as a safe haven, with the Australian dollar seen as a liquid proxy for risk appetite, rising by 0.39% to $0.6677 after better-than-expected retail sales data.
2023-03-28T19:52:51+05:30

Maruti Suzuki among top 5 auto picks ahead of March sales data

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2023-03-28T19:47:55+05:30

Wall St mixed as banking worries ebb, Treasury yields rise

U.S. Fed's head of banking supervision Michael Barr told lawmakers on Tuesday that it was appropriate for outsiders to conduct independent reviews of the central bank's oversight of Silicon Valley Bank, in addition to the regulator's own internal review.
2023-03-28T19:21:03+05:30

​These 5 low-cost high-return mutual funds gain over 50% in 3 years

2023-03-28T18:56:34+05:30

​Market Trading Guide: Glenmark Pharmaceuticals among 4 stock recommendations for Wednesday​

2023-03-28T18:43:14+05:30

Vedanta acting CFO Ajay Goel resigns, effective April 9

The company will reportedly announce the details of the successor in due course
2023-03-28T17:55:59+05:30

Vedanta announces 5th interim dividend of Rs 20.5/share

The dividend will amount to Rs 7,621 crore. The board has approved the fifth interim dividend of Rs 20.50 per equity share i.e., 2050% on the face value of Re 1 per share for the financial year 2022‐23, amounting to Rs 7,621 crore," the company said in a filing.
2023-03-28T17:43:07+05:30

Stock markets to be shut for four days in three weeks. Here's why

On Tuesday, benchmark equity indices Sensex and Nifty ended marginally lower in highly volatile trade as losses in IT and auto stocks were largely offset by gains in banking and oil shares amid mixed global trends.
2023-03-28T17:32:02+05:30

Share market update: Most active stocks of the day in terms of traded value

The NSE Nifty index closed 34.0 points down at 16951.7
2023-03-28T17:28:11+05:30

Gold drops by Rs 230, silver declines Rs 380

"Spot gold prices in the Delhi markets traded at Rs 58,750 per 10 grams, down Rs 230 per 10 grams," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
2023-03-28T17:26:33+05:30

Stock market update: Nifty Pharma index falls 0.08%

The Nifty Pharma index closed 0.08 per cent down at 11873.2.
2023-03-28T17:23:01+05:30

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Adani Ent., Adani Ports SEZ, Tech Mahindra, Hero MotoCorp and Tata Motors were among the top losers on NSE in today's trade.
2023-03-28T17:07:35+05:30

Sensex falls! These stocks fell 5% or more in Tuesday's session

In the Nifty pack, 18 stocks closed in the green, while 32 stocks ended in the red.
2023-03-28T17:02:25+05:30

Tech View: Bearish-to-neutral view on Street ahead of expiry. What traders should do on Wednesday

India VIX was down 2.20% from 15.44 to 15.10 levels. Volatility is expected to be high tomorrow due to the expiry of weekly and monthly derivatives.
2023-03-28T17:01:20+05:30

Nifty semi-annual rejig: Reliance, Infosys expected to see highest outflows

Nifty indices, including Nifty 50 ETF, Nifty Bank, and Nifty Next50, are due to undergo their semi-annual rebalance on March 29. According to Nuvama Institutional Research, RIL, Infosys, ICICI Bank, and HDFC Bank are the stocks expected to see the biggest outflows. Meanwhile, Page Industries, Canara Bank, SBI, Axis Bank, and Coal India are predicted to see maximum net inflows. The changes could lead to some weight reduction in non-F&O members such as Adani Total Gas, Adani Transmission, Adani Green, DMart, Bajaj Holdings and Investments, Nykaa, LIC, P&G, and Zomato.
2023-03-28T16:58:13+05:30

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Shivalik Bimetal, Career Point, Network People Services Technologies Ltd., W S Industries and DRC Systems India Ltd., hit their fresh 52-week highs during the day.
2023-03-28T16:52:03+05:30

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