The BSE has revised the price band for Jio Financial Services to 20% from the earlier 5%, effective Monday. It was among 10 stocks for which the exchange announced a revision in price bands.Set by stock exchanges, price bands serve as limits for securities in order to curb extreme volatility in share prices.In addition, the […]
Month: December 2022
No tax incentive for G-Secs inclusion in JPMorgan index: SomanathanNo tax incentive for G-Secs inclusion in JPMorgan index: Somanathan
JPMorgan Chase & Co.’s decision to add Indian government bonds to its benchmark emerging-market index was its own decision without any tax concession by India, finance secretary TV Somanathan said on Friday. “The government of India has not changed its taxation or regulatory policies for this. It (bond inclusion) is a reflection of the record […]
FII, DII data: FPIs sold shares worth Rs 997 cr, DIIs bought shares worth Rs 2661 cr on October 9, MondayFII, DII data: FPIs sold shares worth Rs 997 cr, DIIs bought shares worth Rs 2661 cr on October 9, Monday
Foreign institutional investors (FII) offloaded shares worth net Rs 997.76 crore, while domestic institutional investors (DII) added shares worth net Rs 2,661.27 crore on October 9, 2023, according to the provisional data available on the NSE. For the month till October 9, 2023, FIIs sold shares worth net Rs 9,410.41 crore while DIIs bought shares […]
Rockingdeals files DRHP with NSE EmergeRockingdeals files DRHP with NSE Emerge
Rockingdeals Circular Economy, an Indian Business-to-business recommerce company. announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge on Monday, September 25, 2023. The company plans to offer up to 15,00,000 equity shares of face value Rs. 10/- each through the book-building process. The company has appointed Corporate Capital Ventures Pvt as […]
Petrol and Diesel Rate Today, 7 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 7 September: Some cities see revision; Check rates in Delhi, Mumbai, other cities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were largely constant on Thursday, 7 September August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of […]
Subdued demand, inflation impact FMCG companies; rural areas show signs of recoverySubdued demand, inflation impact FMCG companies; rural areas show signs of recovery
By Preeyam Tolia In FY23, FMCG companies were facing the dual challenge of a subdued demand environment and unprecedented raw material inflation owing to the Russia-Ukraine war, geopolitical issues and disruption in global supplies, which led to a steep surge in inflation across commodities like palm oil, crude oil, wheat, sugar etc. Due to this, the […]
Will Nifty top 19500 or give up gains? See GIFT Nifty, FII data, F&O ban, crude, more before market opensWill Nifty top 19500 or give up gains? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty was flat during Thursday’s early trading session at 19,504.5, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. Domestic indices NSE Nifty and BSE Sensex closed in the green on Wednesday after a day of volatile trade. The blue-chip Nifty 50 index settled above 19,400, breaching a key resistance […]
Rupee rises 10 paise to 83.13 against US dollarRupee rises 10 paise to 83.13 against US dollar
The rupee recovered from its all-time low levels and appreciated by 10 paise to 83.13 against the US dollar in early trade on Friday, tracking a positive trend in domestic equities. Forex traders said the rupee is trading in a narrow range as firm crude oil prices and the strength of the American currency in […]
Markets bounce back a day after West Asia turmoil led to panic sellingMarkets bounce back a day after West Asia turmoil led to panic selling
Indian markets made a strong comeback on Tuesday a day after the Israel-Gaza conflict resulted in panic selling that wiped out about Rs 3.68 trillion of investor wealth. The benchmark indices bounced back following the rally in global markets after the dollar and treasury yields dipped on the back of dovish comments by the US […]
Oil ticks higher after China moves to support flagging economyOil ticks higher after China moves to support flagging economy
Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand. Brent crude rose 22 cents, or 0.3%, to $84.70 a barrel by 0049 GMT […]