Stocks in Focus: GIFT Nifty traded flat at 19,443.5, down marginally 0.04%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, the benchmark domestic indices ended in red. The NSE Nifty 50 fell 0.56% to settle at 19,528.75, while the BSE Sensex tumbled 316.31 points to 65,512.10. “Bearish sentiment […]
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Adani-Hindenburg case verdict: SC says no ground to order SIT probe, directs SEBI to conclude investigation in 3 monthsAdani-Hindenburg case verdict: SC says no ground to order SIT probe, directs SEBI to conclude investigation in 3 months
Holding that the power to transfer investigation must be exercised in exceptional circumstances and not in the absence of cogent justifications, the Supreme Court on Wednesday ruled that it found no ground to transfer the investigation from SEBI to an SIT in the Adani-Hindenburg case. The court said that it is limited in its powers […]
Oil set to snap 7-week winning streak on China woes, Fed rate outlookOil set to snap 7-week winning streak on China woes, Fed rate outlook
Oil prices looked set to snap a seven-week winning streak on Friday as concerns about demand growth in China as its economy slows, and the possibility of higher for longer U.S. rates triggered losses. Major benchmarks were little changed on Friday, with the U.S. West Texas Intermediate crude (WTI) up 10 cents, or 0.1%, at […]
ICRA, ONGC, Oil India, Bank of Maharashtra among 78 stocks that hit 52-week highs; 29 touch 52-week lowsICRA, ONGC, Oil India, Bank of Maharashtra among 78 stocks that hit 52-week highs; 29 touch 52-week lows
Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the red zone on Monday. The NSE Nifty 50 plunged 50.70 points or 0.26% to 19,377.60 and BSE Sensex tanked 119.06 points or 0.18% to 65,203.59. In sectoral indices, Bank Nifty tumbled 197.20 points or 0.45% to 44,001.90, Nifty Auto tanked 0.82%, Nifty IT […]
Vishnu Prakash R Punglia IPO subscribed 3.77 times on first day of offerVishnu Prakash R Punglia IPO subscribed 3.77 times on first day of offer
The Initial Public Offer of engineering, procurement, and construction (EPC) firm Vishnu Prakash R Punglia Ltd was subscribed 3.77 times on the first day of subscription on Thursday. The Rs 308.88 crore-public issue got bids for 8,27,14,500 shares against 2,19,30,000 shares on offer, as per data available with the NSE. The IPO has a fresh […]
L&T hikes buyback price to Rs 3,200 per shareL&T hikes buyback price to Rs 3,200 per share
Engineering and infrastructure conglomerate Larsen & Toubro (L&T) has hiked the price for its proposed share buyback by Rs 200 to 3,200, even as it reduced the number of shares to be bought to 33.33 million.The total number of shares proposed to be bought back has been reduced from the earlier 31.25 million, it said […]
Indian Railways faces judicial heat over train safety measures! Anti-Collision System ‘Kavach’ in spotlightIndian Railways faces judicial heat over train safety measures! Anti-Collision System ‘Kavach’ in spotlight
Indian Railways’ Kavach system is back in the news! The Supreme Court has recently sought detailed information from the Centre regarding the protective measures already in place or proposed to be implemented to prevent train accidents in India, a PTI report said. The focus is on the effectiveness of the ‘Kavach’ automatic train protection system. […]
Nifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gainsNifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gains
By Nagaraj Shetti Nifty continued with follow-through weakness on Wednesday amidst volatility and closed the day lower by 104 points. A long negative candle was formed on the daily chart with lower shadow. Technically, this pattern signals short term reversal in the market on the downside. After the formation bearish engulfing pattern on Tuesday, the market […]
Crude oil imports fall for third consecutive monthCrude oil imports fall for third consecutive month
India’s crude oil imports fell for the third consecutive month in August to 18.73 million tonne (MT) due to maintenance activities at Indian refineries and decline in shipments from Russia. Crude oil imports were 20.58 MT in May, 19.56 MT in June and 19.51 MT in July, as per data released by the Petroleum Planning […]
‘Will destroy India’s economy’: Gurpatwant Singh Pannun threatens to target BSE, NSE from March 12‘Will destroy India’s economy’: Gurpatwant Singh Pannun threatens to target BSE, NSE from March 12
Terrorist Gurpatwant Singh Pannun has recently issued yet another anti-India threat. This time, the leader of Sikhs for Justice group has said that he will target economic stability of India. According to a News18 report, Pannun has said that he will target the Bombay Stock Exchange and the National Stock Exchange on March 12, the […]