Visual effects company, Digikore Studios listed its shares on the National Stock Exchange on Wednesday at a premium of 57% over the IPO price. The Pune-based VFX company IPO was oversubscribed by 243.11 times with the company receiving applications worth Rs 5,411 crore, making it the third largest SME IPO subscription in the country. The […]
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Nifty to top 19,600 or slip in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to top 19,600 or slip in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded 0.05% lower during Wednesday’s early trading session at 19,660, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Indian equity indices NSE Nifty 50 and BSE Sensex closed in the green on Tuesday, extending the two-day gaining streak. Nifty 50 ended at 19,574.90, adding 0.24% while Sensex rose […]
Beat the heat! People in search of relief as temperature soars – See PicsBeat the heat! People in search of relief as temperature soars – See Pics
1/9 As summer is knocking on the doors in India, people have started preparing themselves for the hot weather. The Indian Meteorological Department (IMD) has already predicted a rise in maximum temperature, coupled with strong winds over several states of the country. In the coming days, the weather office has predicted a gradual rise in […]
IPL 2023: Rinku Singh does it again for KKR, nerve-wrecking last over thrill still lingering | See PhotosIPL 2023: Rinku Singh does it again for KKR, nerve-wrecking last over thrill still lingering | See Photos
1/7 Kolkata Knight Riders’ Rinku Singh celebrates after scoring the wining boundary against Punjab Kings during an Indian Premier League cricket match in Kolkata. (Photo: AP) 2/7 Kolkata Knight Riders’ Andre Russell dives unsuccessfully to reach the crease during Indian Premier League cricket match between Kolkata Knight Riders and Punjab Kings in Kolkata. Andre Russell […]
Nomura retains negative view on Indian rupee despite JPMorgan index inclusionNomura retains negative view on Indian rupee despite JPMorgan index inclusion
The Indian rupee‘s outlook remains weak and any rally in the currency following JPMorgan’s index inclusion should be used to build long USD/INR positions, economists at Nomura said in a note, raising the conviction level on its long USD/INR positions to the maximum. The rupee had climbed to near 82.80 against the U.S. dollar following […]
Amid buzz over Masood Azhar’s death, a look at JeM founder’s role in deadly attacks against IndiaAmid buzz over Masood Azhar’s death, a look at JeM founder’s role in deadly attacks against India
Masood Azhar, the UN-designated global terrorist and India’s ‘most wanted’, was reportedly attacked by some unidentified men in Pakistan’s Bahawalpur. Some local media reports from across the border suggest that Jaish-e-Mohammed founder was killed in an explosion outside a mosque located in Punjab Province in early morning hours. There has been no official statement regarding […]
Strong quake of 6.8 magnitude shakes Ecuador, northern Peru – See PhotosStrong quake of 6.8 magnitude shakes Ecuador, northern Peru – See Photos
1/6 A strong earthquake shook southern Ecuador and northern Peru on Saturday, killing at least 14 people, trapping others under rubble, and sending rescue teams out into streets littered with debris and fallen power lines. (AP Photo) 2/6 Residents and rescue workers stand in front of buildings brought down by an earthquake. (AP Photo) 3/6 […]
Petrol and Diesel Rate Today, 6 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 6 September: Some cities see revision; Check rates in Delhi, Mumbai, other cities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were largely constant on Wednesday, 6 September August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of […]
Is it fair to compare Mutual Funds and Portfolio Management Services?Is it fair to compare Mutual Funds and Portfolio Management Services?
By Rajnish Girdhar Both PMS and Mutual Funds may look similar because on the face of it, they both do similar jobs – managing your fund and providing the best possible returns on them. However, there exist significant differences between the two. If one were to give an analogy when comparing mutual funds (MF) and […]
Algo Trading: The great equalizer for retail investorsAlgo Trading: The great equalizer for retail investors
By Kunal Nandwani The pervasive nature of technology has disrupted many industries and transformed how we live, work, and invest. In the Indian financial markets, one of the most prominent examples of this transformation is the rise of algo trading. Powered by sophisticated algorithms and low-cost computing power, algo trading has become the newest buzzword […]