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 …
BSE Sensex and NSE Nifty 50 ended more than half a per cent up on Wednesday, a day before weekly F&O expiry. BSE Sensex jumped 418 points or 0.7 per cent to end at 60,260. NSE Nifty 50 index gained 117 points or 0.8 per cent to settle at 17,944. Stocks of Bajaj Finserv, Bajaj …
Early trends on Singaporean Exchange suggest that Indian equity markets may open in green on Tuesday. Investors will return to stock markets today after a 3-day holiday. Entering the session, Nifty futures traded 58.50 points, or 0.33% higher at 17,843.40 on the Singapore Exchange, signaling that Dalal Street was headed for a gap-up start. Analysts …
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 …
Trent witnessed sharp growth in revenues in Q1FY23, which were much ahead of estimates. 3Y revenues CAGR at ~30% was impressive. GMs declined as the intensity in discounting and promotions returned. Costs normalised and Ebitda was in line. Westside clocked 24% LFL growth on a 3Y basis, but pent-up demand should have helped, in our …
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 …
DreamFolks Services IPO Day 2 Updates: DreamFolks Services IPO sailed through so far on the second day of sale with retail investors leading the subscription tally. The Rs 562 crore IPO opened for subscription on Wednesday after having raised Rs 252.9 crore from 18 anchor investors. The public issue saw massive interest from retail investors …
Markets regulator Sebi on Thursday said it will auction properties of two companies — Sumangal Industries and GSHP Realtech Ltd — on August 25, to recover money that was illegally raised from investors. A total of eight properties of these two firms will be auctioned for a reserve price totalling Rs 9.8 crore, according to …
Amid the mega outreach exercise of the national flag reaching a crescendo with the ‘Har Ghar Tiranga’ campaign and the criticism from some sections that we are moving in the direction of western countries such as the US, where people are free to do anything with it, industrialist and former MP Naveen Jindal said diginity …