By Ajit Mishra April month turned out to be a favourable one for participants, after four months of dismissal performance. The benchmark indices gained over 4% and settled closer to the month’s high as well. Continuous buying in banking, financials, auto, realty and FMCG majors kept the tone positive for most of the month however […]
Fundamental Analysis column: Strong earnings underpin market bullishnessFundamental Analysis column: Strong earnings underpin market bullishness
By Jyotivardhan Jaipuria At the beginning of the result season in July, we had three themes — first was that overall earnings will be strong and possibly surprise on the upside. The second was that earnings in India would be in contrast to weak earnings in the developed world. Thirdly, we expected the recent earnings […]
MCX shares jump 5 pc; hit 52-week highMCX shares jump 5 pc; hit 52-week high
Shares of Multi Commodity Exchange (MCX) jumped 5 per cent in mid-session trade on Monday, after the bourse received approval from Sebi’s tech panel to launch new web-based commodity derivatives platform (CPD). The scrip of the company rallied 4.80 per cent to Rs 2,137 apiece on the BSE, while shares of MCX climbed 4.73 per […]
Petrol and Diesel Rate Today, 1 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 1 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 Friday, 1 September 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 petrol […]
Plaza Wires IPO subscribed 62.55 times on Day 3 of offerPlaza Wires IPO subscribed 62.55 times on Day 3 of offer
The Initial Public Offering (IPO) of Plaza Wires was subscribed 62.55 times on the third day of subscription on Wednesday. The IPO received bids for 59,39,88,274 shares against 94,96,114 shares on offer, as per data available with the NSE. The offer is a fresh issue of up to 1,32,00,158 equity shares. The price range for […]
Truckers’ strike: AIMTC says govt assures discussion on new law; urges drivers to end protestTruckers’ strike: AIMTC says govt assures discussion on new law; urges drivers to end protest
Truckers’ body All India Motor Transport Congress (AIMTC) on Tuesday said the government has assured that new laws concerning hit-and-run cases will be implemented after discussion with its members and urged truck drivers to call off their strike. A government source said that the issue has been resolved after the meeting with Union Home Secretary […]
Biofuel pact to reduce petrol, diesel dependence, says PuriBiofuel pact to reduce petrol, diesel dependence, says Puri
Petroleum and natural gas minister Hardeep Singh Puri on Monday said India will show the world a new path on biofuels, less dependent on petrol and diesel, through the Global Biofuel Alliance (GBA). He stated that Prime Minister Narendra Modi followed the mantra of Vasudhaiva Kutumbakam by launching the alliance that aims to position biofuels […]
Nifty to show a trend reversal or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to show a trend reversal or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded flat at 19,494, up marginally 0.06% during Thursday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Wednesday, the benchmark equity indices settled in negative territory. The NSE Nifty 50 fell 0.47% to settle at 19,436.10, while the BSE Sensex tumbled 286.06 points to […]
Zila Parishad Nagpur launches an entrepreneurship programme in district schools in collaboration with ULF and GAMEZila Parishad Nagpur launches an entrepreneurship programme in district schools in collaboration with ULF and GAME
Zila Parishad Nagpur (Secondary School Education Department) in collaboration with Global Alliance for Mass Entrepreneurship (GAME) and its alliance partner Udhyam Learning Foundation (Udhyam), launched the Entrepreneurial Mindset Development Programme (EMDP) for ninth grade students in 30 schools across Nagpur district. It aims to cultivate a mindset of entrepreneurship as well as upskill students through […]
Market repeatedly attempting breakout above all-time high, Nifty trend positive; check technical stock picksMarket repeatedly attempting breakout above all-time high, Nifty trend positive; check technical stock picks
By Nagaraj Shetti, Technical Research Analyst, HDFC securities Technical Observation — NSE NIFTY 50: Nifty shifted into a follow-through upmove on Wednesday amidst a range movement and closed the day with gains of 40 points. After opening with a positive note, the market continued its upside momentum in the early part of the session. Minor […]