Syrma SGS Technology IPO opened for subscription last week on Friday and garnered a decent response on the very first day. On the secondary day of the subscription window, the issue has been subscribed a total of 0.85 times with retail investors leading the charge. The Rs 840-crore public issue is still open for subscription …
After turning net buyers last month, foreign investors have become aggressive shoppers of Indian equities and have invested Rs 22,452 crore in the first two weeks of August amid softening inflation concerns. This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire month of …
The Hinduja Group, which in 2014 acquired Winston Churchill’s war office (Old War Office) during the World War II and has now turned it into an iconic hotel, is looking at monetising the residences part of the unit. The iconic hotel, which has been developed in collaboration with Raffles Hotels & Resorts, has three business …
BSE Sensex and NSE Nifty 50 were trading flat with a negative bias on Tuesday. Index heavyweights such as State Bank of India (SBI), Reliance Industries Ltd (RIL), Kotak Mahindra Bank, and IndusInd Bank, among others capped the losses in the index. So far in the day, the 30-share index rose to a day’s high …
BSE Sensex and NSE Nifty 50 were trading in a deep sea of red on Monday, dragged by sell-off in index heavyweights. Stocks of ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Housing Development Finance Corporation, and Asian Paints contributed the most to the indices’ fall. So far in the day, S&P BSE Sensex hit a …
Indian equity markets slumped on Monday amid weak global cues. S&P BSE Sensex was down more than 600 points or 1.08% to sit just above 59,000 while NSE Nifty 50 index was down close to 200 points or 1.10% to hover above 17,550. Bank Nifty was down more than 1.5% while India VIX gained 4% …
Indian equity markets are likely to open lower on Thursday. Ahead of the weekly futures & options expiry session, SGX Nifty was down with marginal losses suggesting a flat to a negative start for benchmark indices BSE Sensex and NSE Nifty 50. Global cues were weak after Wall Street ended in red and Asian markets …
NSE Nifty 50 index target has been raised to 20,057 by analysts at domestic brokerage and research firm Prabhudas Lilladher. Analysts see multiple tailwinds for stock markets, barring the near-term volatility. “Festival demand from urban middle class is expected to remain strong, which will enable good 2Q and 3Q will show benefits of correction in …
India is all set to celebrate the 75th year of Independence on Monday. India has come a long way since its independence from British rule, and so have the country’s stock markets. The stock market trading in India began in the year 1855. Bombay Stock Exchange, now known as BSE, the first ever stock exchange …
Indian Institute of Technology Madras (IIT- M) researchers at the Centre for Research on Startups and Risk Financing (CREST) have developed an intelligence platform which brings together the entire spectrum of startup schemes from the government to the doorsteps of the entrepreneur.Developed and implemented in partnership with YNOS, an IIT-M incubated startup, the platform has …