Thirty-seven-year-old Manish Sharma (name and professional details changed), an IT professional in Mumbai, lost his father nearly eight years ago due to a disease. When Sharma started going through his investments he realised that the process was not just tedious but there were hurdles galore. The added burden: His father had not named any nominee. […]
Month: August 2023
Will Nifty continue to add gains or fall in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opensWill Nifty continue to add gains or fall in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded flat at 19,792.50, marginally up 0.08%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously on Tuesday, the NSE Nifty 50 rose 0.91% to settle at 19,689.85, while the BSE Sensex added as much as 566.97 points to 66,079.36. “From today the Q2 earnings season […]
Valiant Laboratories’ IPO to open on Sep 27Valiant Laboratories’ IPO to open on Sep 27
Pharmaceutical ingredient manufacturing firm Valiant Laboratories has decided to launch its initial share sale for public subscription on September 27. The Initial Public Offering (IPO), which is an entirely fresh issuance of 1.08 crore equity shares with no offer for sale component, will be concluded on October 3, according to the red herring prospectus filed […]
UltraTech Cement, Bharti Airtel, KEC International among 48 stocks that hit 52-week highs; 11 touch 52-week lowsUltraTech Cement, Bharti Airtel, KEC International among 48 stocks that hit 52-week highs; 11 touch 52-week lows
Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the green intraday. The Nifty 50 gained 94.15 points or 0.45% to 20,087.35, and the 30-share Sensex surged 309.31 points to 67,530.44. Mid and Smallcaps took the lead in driving gains among the broader market indices. Bank Nifty surged as much as 408.70 points […]
Rupee likely to decline on yuan-led weakness in Asia fxRupee likely to decline on yuan-led weakness in Asia fx
The Indian rupee is expected to drop at the opening on Monday, tracking losses in Asian peers and on persisting worries over U.S. yields. Non-deliverable forwards indicate rupee will open at around 83.18-83.20 to the U.S. dollar, compared with 83.1025 in the previous session. Despite the RBI’s efforts, it “does feel inevitable” that the rupee […]
FII, DII data: FPIs sold shares worth Rs 2034 cr, DIIs bought shares worth Rs 1361 cr on October 3, TuesdayFII, DII data: FPIs sold shares worth Rs 2034 cr, DIIs bought shares worth Rs 1361 cr on October 3, Tuesday
Foreign institutional investors (FII) offloaded shares worth net Rs 2,034.14 crore, while domestic institutional investors (DII) added shares worth net Rs 1,361.02 crore on October 3, 2023, according to the provisional data available on the NSE. For the month till October 3, 2023, FIIs sold shares worth net Rs 2,034.14 crore while DIIs bought shares […]