Stocks in focus: GIFT Nifty traded 0.03% higher during Monday’s early trading session at 19,553, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Friday, the Sensex closed above the 65,300 mark, while the Nifty topped 19,400 by close. Sectors like metals, energy, automotive, and banking all saw gains, whereas […]
Month: October 2023
Valiant Laboratories sees strong debut; lists over 16% premium on bourses; Should you hold or book profit?Valiant Laboratories sees strong debut; lists over 16% premium on bourses; Should you hold or book profit?
Valiant Laboratories shares listed at 15.82% premium over IPO price on bourses. The share debuted at Rs 162.15 on the NSE and at Rs 161 on the BSE, as compared to the issue price of Rs 140. The investors have made a profit of Rs 22.15 per share as the scrip gave nearly 16% return […]
Yatra IPO opens for subscription; price set Rs 135-142 apiece; should you subscribe to the issue?Yatra IPO opens for subscription; price set Rs 135-142 apiece; should you subscribe to the issue?
Yatra Online IPO: Yatra Online IPO opens for public subscription on Friday, September 15, 2023 and will close on Wednesday, September 20, 2023. The bidding for anchor investors concluded on Thursday, wherein the company collected Rs 348.75 crore. The price band for its public issue at Rs 135-142 per equity share of face value Rs […]
After four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounceAfter four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounce
By Jigar Trivedi Weekly, the metal gains 1.4% after four consecutive periods of declines. Initially, the yellow metal dropped below $1,885 an ounce on Friday, facing pressure from a strong dollar as investors continued to gauge the monetary policy outlook following Federal Reserve Chair Jerome Powell’s Jackson Hole remarks. The banker noted caution is required […]
Tata Steel: Improved outlook; recent developments to boost profitability & ESG considerationsTata Steel: Improved outlook; recent developments to boost profitability & ESG considerations
Tata Steel (TSL) has unveiled a comprehensive restructuring plan for its UK operations (TSUK) with a dual focus on ensuring business continuity and enhancing sustainability. The key highlights include: Replacement of existing blast furnaces with a state-of-the-art 3 million ton per annum Electric Arc Furnace (EAF); Securing 40% of the £1.25 billion investment through grants […]
Global Markets: Asian markets off to a slow start in central bank packed weekGlobal Markets: Asian markets off to a slow start in central bank packed week
Asian shares started cautiously on Monday in a week packed with central bank meetings that include the Federal Reserve and the Bank of Japan, which will be closely scrutinised for the global interest rate outlook. Both S&P 500 futures and Nasdaq futures rose 0.2% in early Asia. MSCI’s broadest index of Asia-Pacific shares outside Japan […]
Yatra Online IPO to open on September 15Yatra Online IPO to open on September 15
The initial share sale of travel service provider Yatra Online Ltd will open for public subscription on Friday. The three-day Initial Public Offering (IPO) will conclude on September 20 and the bidding for anchor investors will open on September 14 and for retail on September 15, according to the Red Herring Prospectus (RHP) filed on […]
Long queues at petrol pumps as truckers’ protest against hit-and-run law affects supplyLong queues at petrol pumps as truckers’ protest against hit-and-run law affects supply
Truck and bus drivers are carrying out strikes in different parts across the nation to oppose the provision of a Rs 7 lakh penalty and a 10-year jail term for hit-and-run cases under the newly-passed Bharatiya Nyaya Sanhita. The new law, which repealed the British-era Indian Penal Code (IPC), provides up to 10 years of […]
Asus ROG Zephyrus M16 rough-cut: Everything to know in 5 pointsAsus ROG Zephyrus M16 rough-cut: Everything to know in 5 points
1/5 ROG Zephyrus M16 is Asus’s brand-new flagship gaming and creator-centric laptop in India. The Zephyrus M16 is being billed as the first 16-inch Asus laptop with Anime Matrix, an area of LEDs on the lid that is customisable to your heart’s content with animations, text, you name it. 2/5 The Zephyrus M16 is powered […]
Pyramid Technoplast IPO opens for subscription, GMP up 15%; should you subscribe to the issue?Pyramid Technoplast IPO opens for subscription, GMP up 15%; should you subscribe to the issue?
Pyramid Technoplast IPO: Pyramid Technoplast IPO opened for public subscription on Friday, 18 August, and will close on Tuesday, 22 August. The bidding for anchor investors concluded on Thursday, wherein the company collected Rs 27.55 crore. The price band for its public issue at Rs 151-166 per equity share of face value Rs 10 each. […]