Share prices of SBI Life Insurance surged to an intraday high of Rs 1,334.70 during early morning deals on the NSE on Friday. The stock also hit a new 52-week high before paring the gains due to profit booking. On the NSE, the stock opened at Rs 1,320, against the previous close of Rs 1,324.20. …
Electronic manufacturing services firm Syrma SGS Technology on Monday said it will come out with its Rs 840-crore initial share sale on August 12, which will end two-and-a-half months of the gap in the initial public offering (IPO) market. The company has fixed a price band of Rs 209-220 per equity share for its IPO, …
Interest of foreign portfolio investors (FPIs) in India will increase given the roll-out of T+1 settlement, access to the commodity segment, developments at GIFT City and higher weightage to India, says Viraj Kulkarni, founder, Pivot Management Consulting, a securities services firm. In an interview with Ashley Coutinho, he says geopolitical developments, issues faced by non-bank …
Sebi on Friday asked stock exchanges and depositories to develop a system wherein permanent account numbers of a company’s designated persons are frozen for a specific period to curb inadvertent trades during the trading window closure. Initially, the new framework will be applicable to declaration of financial results of listed companies that are or were …
Richest Indian Gautam Adani and mining baron Anil Agarwal on Sunday led India Inc in paying tributes to veteran stock market investor Rakesh Jhunjhunwala, who passed away early this morning. “Extremely saddened by the untimely passing away of the most legendary investor that India has had. Shri Jhunjhunwala inspired an entire generation to believe in …
Indian equity markets are likely to kick off the new week on a negative note amid gloom in Asian markets. SGX Nifty hinted at a negative start for domestic benchmark indices as Nifty futures traded 75.5 points, or 0.43 per cent, lower at 17,668.5 on the Singapore Exchange. Technical analysts expect the market to extend …
By Ashley Coutinho This could be a good time for mutual fund investors to look at medium-term debt funds, given the 50-basis-points rate hike by the RBI on Friday. “Yields are peaking and for buy-and-hold investors this can be a good time to lock into medium-term products with around four-five-year tenure. Target maturity funds with …
MKU, a key player in the global defence industry, is on the brink of introducing what is hinted to be a groundbreaking innovation, aiming to once again reshape the landscape of soldier protection. A decade after the game-changing launch of its ‘Instavest’ with patented ‘quick release’ technology, the firm is set to debut a new …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Dalal Street benchmark indices witnessed a volatile trading session that saw bulls and bears engage in a tug-of-war for most of the day. S&P BSE Sensex added 214 points or 0.37% to settle at 58,350 while the NSE Nifty 50 index gained 42 points to …
Wall Street edged lower on Thursday in choppy trading as losses in Apple Inc and energy companies dampened the bullish resolve of the major indexes that had rallied in the previous session to its best in a week. Apple weighed the most on the S&P 500 and the Nasdaq, shedding 0.4%, a day after surging …