Day: February 24, 2024

Will Nifty hit new highs above 21000? See GIFT Nifty, FII data, F&O ban, crude, more before market opensWill Nifty hit new highs above 21000? See GIFT Nifty, FII data, F&O ban, crude, more before market opens

GIFT Nifty indicated a positive start for domestic indices BSE Sensex and NSE Nifty 50. Here’s a look at the things to know ahead of the opening bell on Thursday. GIFT Nifty traded up 235 points or 1.12% at 21,260, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. […]

Signature Global launches Rs 730 cr IPO on Wed; to use fund for debt reduction, biz expansionSignature Global launches Rs 730 cr IPO on Wed; to use fund for debt reduction, biz expansion

Realty firm Signature Global on Wednesday launched its initial public offer (IPO) to raise Rs 730 crore, which will be used mainly for debt reduction and business expansion. The public issue will close on September 22. The price band has been fixed at Rs 366-385 per share. Delhi-NCR-based Signature Global has already raised Rs 318.5 […]

Global trends, macroeconomic data, trading activity of foreign investors to drive market trends: AnalystsGlobal trends, macroeconomic data, trading activity of foreign investors to drive market trends: Analysts

Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week, analysts said. Markets ended a five-week losing streak and gained nearly a per cent last week, helped by a sharp rebound on Friday. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent […]

Rupee to trade between Rs 81.80 to Rs 82.50 in an event-heavy week; Dollar trend bearishRupee to trade between Rs 81.80 to Rs 82.50 in an event-heavy week; Dollar trend bearish

By Dilip Parmar The Indian rupee retreated in the week after marking two weeks of gain following month-end dollar demand and profit booking by the foreign institutions in the equities. The strength in the dollar index after FOMC and weaker Asian currencies also weighed on the local unit. Going ahead, the focus will remain on […]

US Fed interest rate decision, global cues key factors to drive markets this week: AnalystsUS Fed interest rate decision, global cues key factors to drive markets this week: Analysts

The US Federal Reserve’s interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week ahead, analysts said. Equity markets will remain closed on Tuesday on account of Ganesh Chaturthi. From the global front, interest rate decisions from […]