RBI Governor Shaktikanta Das announced its fourth bi-monthly monetary policy today in which he said that the central bank has decided to keep the repo rate unchanged at 6.50% and adopted a stance of ‘withdrawal of accommodation. The RBI governor said, “After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, […]
Month: February 2024
Infosys shares tank 4% following Q2 results; Should you buy, sell or hold the stock?Infosys shares tank 4% following Q2 results; Should you buy, sell or hold the stock?
Infosys share price tanked 4.46% to Rs 1,400 during the early trade on Friday, a day after the IT giant announced a 3.2% growth in its second-quarter net profit to Rs 6,212 crore year-on-year. The company’s revenue from operations in the July-September quarter jumped 7.5% year-on-year to Rs 11,963 crore from Rs 11,126 crore. The […]
Updater Services IPO subscribed 2.90 times on final day of subscriptionUpdater Services IPO subscribed 2.90 times on final day of subscription
The initial public offer of integrated facilities management company Updater Services was subscribed 2.90 times on the final day of subscription on Wednesday.The initial share sale got bids for 3,47,41,450 shares against 1,19,99,999 shares on offer, as per NSE data.The portion for qualified institutional buyers (QIBs) was subscribed 4.48 times while the quota for retail […]
Stocks to watch: TCS, Bank of Baroda, Wipro, Samvardhana Motherson InternationalStocks to watch: TCS, Bank of Baroda, Wipro, Samvardhana Motherson International
Stocks in Focus: GIFT Nifty traded at 19,781.50, marginally up 0.03%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. 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. “The Indian market completely recovered yesterday’s losses […]
IRFC, Oil India, SBFC Finance, Bank of Maharashtra among 97 stocks that hit 52-week highs; 21 touch 52-week lowsIRFC, Oil India, SBFC Finance, Bank of Maharashtra among 97 stocks that hit 52-week highs; 21 touch 52-week lows
Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the red zone on Wednesday. The NSE Nifty 50 plunged 49.05 points or 0.25% to 19,385.50 and BSE Sensex tanked 125.40 points or 0.19% to 65,266.95. In sectoral indices, Bank Nifty plunged 0.62%, Nifty Auto fell 0.27%, Nifty Financial Services tumbled 0.68%, Nifty Private […]
Closing Bell: Nifty closes under 19400, falls 1% from day’s high, Sensex tanks 200 pts; JFS, Reliance dragClosing Bell: Nifty closes under 19400, falls 1% from day’s high, Sensex tanks 200 pts; JFS, Reliance drag
Market Closing Bell: Domestic indices NSE Nifty 50 and BSE Sensex closed in the red on Thursday, erasing all morning gains. After touching an intraday high of 19,584.45, the NSE index crashed over 1% or 200 points to settle at 19,386.70. Sensex settled lower by 180 points at 65,252.34. In the broader markets, while Nifty […]
Rishabh Instruments IPO Listing: Shares have tepid debut on bourses, list at 4% premiumRishabh Instruments IPO Listing: Shares have tepid debut on bourses, list at 4% premium
Rishabh Instruments IPO: Rishabh Instruments shares listed at 4.3% premium over IPO price on NSE and BSE amid a positive domestic market. The share debuted at Rs 460 on the BSE, as compared to the issue price of Rs 411. Rishabh Instruments shares’ grey market premium gained 13% on Tuesday, commanding a premium of Rs […]
Income Tax Calendar 2024: Know these important tax-related datesIncome Tax Calendar 2024: Know these important tax-related dates
It is important to meet deadlines especially when it comes to income tax as it can help avoid paying penalties, penal interest, and file income tax return (ITR). Abhishek Soni, the CEO of Tax2Win.in—an ITR filing website—details the significant income tax-related deadlines from January to December 2024. January 14: It is the due date for […]
OnePlus 11R 5G: Top 11 things to know about the most exciting OnePlus phone in yearsOnePlus 11R 5G: Top 11 things to know about the most exciting OnePlus phone in years
1/12 The OnePlus 11R may seem like a watered-down OnePlus 11 (or OnePlus 10T) but don’t let that make you jump to any conclusions. It is easily among the most exciting phones that OnePlus has launched in years. The 11R brings high-end performance at an accessible price point but there are other niceties, too, including […]
Delta Corp shares tank 20%, hits 52-week low; gets GST notice for Rs 16800 croreDelta Corp shares tank 20%, hits 52-week low; gets GST notice for Rs 16800 crore
The share price of e-gaming company Delta Corp tanked as much as 20%, hitting its 52-week low of Rs 140.35 during the early trade on Monday. The move came following the company receiving a GST tax notice amounting to over Rs 16,822 crore from the government authorities. According to the information available on the NSE, […]