BY Shrikant Chouhan The benchmark indices continued the positive momentum for the sixth day in a row, the Nifty ends 66 points higher while the Sensex was up by 274 points. Among Sectors, PSU Banks and IT indices outperformed, both the indices rallied over 1 percent whereas Oil and Gas stocks witnessed intraday profit booking […]
Month: April 2023
Vishnu Prakash R Punglia IPO opens for subscription today, GMP gains 55%; should you subscribe?Vishnu Prakash R Punglia IPO opens for subscription today, GMP gains 55%; should you subscribe?
Vishnu Prakash R Punglia IPO: Vishnu Prakash R Punglia’s Rs 308.88-crore IPO opens for subscription today, 24 August. The public offer comprises a fresh issue of 3.12 crore shares. The infrastructure player has set the price band for the IPO at Rs 94-99 per equity share. Vishnu Prakash R Punglia shares’ grey market premium gained […]
MCX shares plunge nearly 9 pc intra-day after Sebi asks to delay CDP launchMCX shares plunge nearly 9 pc intra-day after Sebi asks to delay CDP launch
Shares of Multi Commodity Exchange of India (MCX) plunged nearly 9 per cent in intra-day trade on Friday after the exchange said market regulator Sebi has asked it to delay the launch of the Commodity Derivatives Platform (CDP). The stock plunged 8.84 per cent to Rs 1,914.60 during the day on the BSE. Later, it […]
Gold stays near 1-month lows as US dollar, yields hold groundGold stays near 1-month lows as US dollar, yields hold ground
By Jigar Trivedi Comex gold is seen below the $1,920 an ounce mark, near one-month lows on Friday and tracking lower Treasury prices as markets remained skeptical over the Fed’s course of action following the latest economic releases. Fed officials signaled that there is still more work to do to bring inflation down, stoking fears […]
Refining margins of OMCs seen strong, amid concerns over losses from fuel salesRefining margins of OMCs seen strong, amid concerns over losses from fuel sales
The gross refining margins for downstream oil marketing companies are expected to be positive and set for a “multi-year bullish trend” due to steady demand growth and higher investment in secondary processing by the refiners, ICICI Securities said in a report on Friday. The assessment comes amidst renewed concerns about marketing margins in these companies […]
FII, DII data: FPIs offloaded shares worth Rs 3245 cr, DIIs sold shares worth Rs 247 cr on September 6, WednesdayFII, DII data: FPIs offloaded shares worth Rs 3245 cr, DIIs sold shares worth Rs 247 cr on September 6, Wednesday
Foreign institutional investors (FII) offloaded shares worth net Rs 3245.86 crore, while domestic institutional investors (DII) sold shares worth net Rs 247.46 crore on September 6, 2023, according to the provisional data available on the NSE. For the month till September 6, 2023, FIIs sold shares worth net Rs 7,850.70 crore while DIIs bought shares […]
Realme C55 rough-cut: Everything to know in 5 pointsRealme C55 rough-cut: Everything to know in 5 points
1/5 Realme C55 is an all-new budget phone from Realme with a starting price of Rs 10,999. The C55 has a likeable spec sheet and a neat little party-trick called “mini capsule” inspired from Apple’s iPhone 14 Pro dynamic island notification system. 2/5 Realme C55 has a sleek and premium-looking flat-edged design. It comes in […]
Realme C55 rough-cut: Everything to know in 5 pointsRealme C55 rough-cut: Everything to know in 5 points
1/5 Realme C55 is an all-new budget phone from Realme with a starting price of Rs 10,999. The C55 has a likeable spec sheet and a neat little party-trick called “mini capsule” inspired from Apple’s iPhone 14 Pro dynamic island notification system. 2/5 Realme C55 has a sleek and premium-looking flat-edged design. It comes in […]
West Bengal to Maharashtra, Congress rings in poll year with seat-sharing conflictsWest Bengal to Maharashtra, Congress rings in poll year with seat-sharing conflicts
With Lok Sabha elections just over three months away, the Congress party rang in the New Year with a dash of assertion as it tries to do a tightrope walk in keeping the INDIA bloc intact without compromising on its own electoral interests in states where it sees itself as a strong contender. The Congress […]
Nifty may rise to 18500 if it holds above 18200; Bank Nifty strong support near 43200 levelsNifty may rise to 18500 if it holds above 18200; Bank Nifty strong support near 43200 levels
By Manojh Vayalar This May series Nifty futures started with a premium of 70-80 points for the current month. For the Nifty futures, FII maintained around 60% short positions, lesser than last month’s series, which is now currently down to around 52% short. The index has been witnessing a long buildup rally since the start […]