An analysis of pledged holdings of BSE-500 stocks shows that the value of the promoter (majority shareholder) pledged holding as a percentage of promoter holding declined to 1.5% in the June 2022 quarter from 1.7% in the previous quarter. Promoters of 81 companies in the BSE-500 index have pledged part of their holdings in the …
EB-5 Regional Centers to showcase projects at the IREX residency and citizenship conclave
The EB5 Visa Program is an investment-based visa program offered by the US government that offers a path to permanent residency in the U.S to foreign investors who make significant investments in the U.S. that as a result create at least 10 permanent jobs in the U.S. economy. EB-5 Visa Program was launched in 1990 …
Share Market Highlights: Sensex closes 89 pts higher at 58387, Nifty closes just shy of 17400
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices saw a volatile trading session on Friday. S&P BSE Sensex danced between gains and losses for most of the day before closing 89 points or 0.15% higher at 58,387. NSE Nifty 50 index added 15.5 points or 0.09% to settle at 17,397. …
India @75: India’s markets- Looking back & looking ahead
By Rashesh Shah Remember to celebrate milestones as you prepare for the road ahead – Nelson Mandela. DemocratisationThe evolution of the Indian capital markets mimics the India growth story. Post-Independence, capital markets were in their nascent phases. Private sector was yet to develop, and regulations were stringent. The 80s saw a boom with increased private …
Market share gains tough in competitive auto space
Maruti Suzuki has never been so busy. It has launched 10 models in less than two years, but despite this model onslaught – of which four are SUVs – the carmaker’s market share hasn’t changed much. Maruti Suzuki ended H1FY24 with 42.17% market share, having sold 873,107 cars in a total market of 2,070,163 units, …
Gold Price Today, 11 August 2022: MCX Gold prices may trade in Rs 51800-52250 range, support at Rs 51800
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading weak in India on Thursday, mirroring the global trends. On Multi Commodity Exchange, gold October futures were ruling Rs 160 or 0.3 per cent down at Rs 52,081 per 10 gram, as against the previous close of Rs 52,241. Silver September futures …
MCX Gold trend remains bullish, traders must wait for Rs 51500-51600 levels before taking long position
By Bhavik Patel Gold prices initially rallied after US CPI came lower than expected but the joy for bulls was short lived as prices corrected from $1807 to $1784. Gold prices again hit four week high and managed to breach the $1800 level but could not sustain it. The U.S. consumer price index report for …
India needs robust agri futures to insulate against volatile food prices against backdrop of uncertainty
By Narinder Wadhwa This year the various regions in Europe have been experiencing an abnormal rise in temperature and many cities’ temperatures crossing over 40 degrees!!! The world is having hotter, drier summers and warmer, wetter winters. We’re also having extreme weather like heavy rainfall and heat waves more often. Most scientists agree that this …
Institutional investors vote against Suven Life Sciences, TCM resolutions
Institutional investors have voted against four resolutions of Suven Life Sciences and TCM with 100% of their votes cast, while a total of 296 resolutions were favoured with 100% votes. A resolution of VIP Industries to appoint Pawan Kumar Lilha as non-executive non-independent director was disapproved with 82.2% of their total votes polled. However, the …
Bharti Airtel, ITC among 136 BSE stocks to hit new 52-week highs, Future Enterprises at fresh 52-week low
BSE Sensex and NSE Nifty 50 were trading flat in a volatile trade on Wednesday, a day before weekly and monthly F&O expiry. Stocks of index heavyweights such as ICICI Bank, Reliance Industries Ltd (RIL), Housing Development Finance Corporation (HDFC), NTPC, and HDFC Bank, contributed the most to the indices’ gain. So far in the …