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, […]
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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 […]
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 […]
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, […]
Updater Services opens, price band at Rs 280-300; should you subscribe to the issue?Updater Services opens, price band at Rs 280-300; should you subscribe to the issue?
Updater Services IPO: Updater Services opens for public subscription today and will close on Wednesday, September 27, 2023. The bidding for anchor investors concluded on Friday, wherein the company collected Rs 288 crore. The price band for its public issue at Rs 280-300 per equity share of face value Rs 10 each. At the upper […]
FII, DII data: FPIs bought shares worth Rs 61 cr, DIIs added shares worth Rs 305 cr on August 29, TuesdayFII, DII data: FPIs bought shares worth Rs 61 cr, DIIs added shares worth Rs 305 cr on August 29, Tuesday
Foreign institutional investors (FII) bought shares worth net Rs 61.51 crore, while domestic institutional investors (DII) added shares worth net Rs 305.09 crore on August 29, 2023, according to the provisional data available on the NSE. For the month till August 29, 2023, FIIs sold shares worth net Rs 17,152.87 crore while DIIs bought shares […]
Bulls Return: Strong growth, FII trend, pause in rate hikes point at long sustainable bull run in coming monthsBulls Return: Strong growth, FII trend, pause in rate hikes point at long sustainable bull run in coming months
By Manish Jain After a long lull, Indian equities are re-gaining their mojo. This has come as a massive relief for retail investors. Since April ’23, Nifty 50 has delivered returns in excess of 4.1%, and even more remarkably mid and small caps have outperformed quite significantly. This is a classic sign of the return […]
Midcap 150 stocks outperform others in September: Motilal OswalMidcap 150 stocks outperform others in September: Motilal Oswal
Nifty Midcap 150 outperformed all major indexes in September by rising 3.04%, said Motilal Oswal Asset Management Company in its Global Market Snapshot report. The index surged 12.98% in the three months, 33.37% in the last six months and 29.22% in the last one year. Nifty Smallcap 250 also joined the rally and soared 15.99% […]
Pakistan on edge: Imran Khan’s arrest sparks fresh turmoil | IN PICSPakistan on edge: Imran Khan’s arrest sparks fresh turmoil | IN PICS
1/13 Former Pakistan prime minister Imran Khan, who was arrested dramatically on Tuesday in a corruption case, is likely to remain in the custody of the country’s anti-graft agency for “four to five days.” (AP Photo) 2/13 Supporter of Pakistan’s former Prime Minister Imran Khan hurl stones at a police vehicle during a protest after […]
Customers’ complaints against credit information companies increasing: RBICustomers’ complaints against credit information companies increasing: RBI
The Reserve Bank on Tuesday said there has been a rise in customer complaints against credit information companies (CICs).The central bank has also found “some concerns” on the conduct of CICs in its supervisory assessment, an official statement said without specifying the concerns. The statement, released after a meeting between Deputy Governor Swaminathan J and […]