Despite the rapid expansion of piped natural gas (PNG) framework in the country, the Liquified Petroleum Gas (LPG) segment will continue to grow in the near future, before it is phased down, analysts said. “As for the switching from LPG to PNG, the fact is that there is a new cohort of customers coming in […]
Month: July 2023
Stocks euphoria in India draws warning from top-performing fundStocks euphoria in India draws warning from top-performing fund
Sailesh Raj Bhan has become wary of the exuberance surrounding Indian stocks as a $790 billion rally since late March rambles on. The chief investment officer at Nippon Life India Asset Management Ltd. says it’s increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs. That’s after a […]
Apple 15-inch MacBook Air buying guide: 10 things to know before you spend Rs 1,34,900Apple 15-inch MacBook Air buying guide: 10 things to know before you spend Rs 1,34,900
1/10 Apple’s newly launched 15-inch MacBook Air is going on sale globally and in India starting from today. This is now the biggest MacBook Air that Apple makes at the time of writing. Heck, it’s the biggest MacBook Air that it has ever made, period. It essentially builds on the 13-inch model from last year, […]
After uptrend, Nifty witnessing range-bound activity; buy TechM, BPCL, others to pocket short-term gainsAfter uptrend, Nifty witnessing range-bound activity; buy TechM, BPCL, others to pocket short-term gains
By Shrikant Chouhan After a promising uptrend rally the market witnessing range bound activity. However, the short term uptrend formation is still in to the positive. In addition, on intraday charts the index is consistently forming higher bottom formation which is also supportive for the bulls. we are of the view that, as long as […]
Supreme Court verdict in Adani-Hindenburg case today, stage set for another BJP-Congress face-offSupreme Court verdict in Adani-Hindenburg case today, stage set for another BJP-Congress face-off
A year after US-based investment research firm Hindenburg Research’s accusations of stock price manipulation against the Adani Group led to a major war of words between the ruling Bharatiya Janata Party and the Congress-led Opposition, a three-judge bench of the Supreme Court will on Wednesday pronounce its verdict in the case. The top court’s verdict […]
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 […]
India Inc raises Rs 26,000 crore through IPOs in first halfIndia Inc raises Rs 26,000 crore through IPOs in first half
After a slow start to the financial year, initial public offerings (IPOs) got a boost in the month of September when Rs 12,000 crore were raised through this route. The first half of the financial year saw over Rs 26,000 crore being raised. Almost 50% of them took place in September alone, according to data […]
Nifty to add gains to reclaim 20000 or continue to fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to add gains to reclaim 20000 or continue to fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty trades down by 69.5 points, or 0.35%, at 19,659 during Tuesday’s early trading session, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex. The benchmark equity indices ended Monday’s trading session on a flat note. The NSE Nifty 50 ended at 19,674.55 up by 30 points, while the BSE […]