Day: July 19, 2023

Rishabh Instruments IPO subscribed 2.46 times on Day 2Rishabh Instruments IPO subscribed 2.46 times on Day 2

The initial public offer of global energy efficiency solution company Rishabh Instruments was subscribed 2.46 times on the second day of the offer on Thursday. The Initial Public Offer (IPO) received bids for 1,91,33,738 shares against 77,90,202 shares on offer, as per the NSE data. The quota for Qualified Institutional Buyers (QIBs) was subscribed 22 […]

Gold clocks gains as dollar slips, Fed chair speech eyed; traders should buy on dips, go long around Rs 58,000Gold clocks gains as dollar slips, Fed chair speech eyed; traders should buy on dips, go long around Rs 58,000

By Bhavik Patel Gold scaled $1900 and is trading at two week high thanks to dip in US dollar index and Treasury yields. On Wednesday, we saw a sharp fall in the US dollar after service PMI came disappointing worldwide. The S&P Global Flash U.S. manufacturing PMI data dropped to 47.0%, down from July’s reading […]

Nifty to reclaim 20,100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to reclaim 20,100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded at 20,006.5, down marginally 0.04%, during Wednesday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, Indian equity indices, the NSE Nifty 50, slipped marginally by 0.02% to settle at 19,993.20, while the BSE Sensex added 94.05 points to settle at 67,221.13. “The […]