Share Market

Indian benchmark equity indices hit all-time highs on Friday, and logged weekly gains, led by gains in IT stocks after market leaders TCS and Infosys posted quarterly reports that alleviated concerns about weak demand. On the day, the NSE Nifty 50 added 1.14% to close at a record 21,894 points, while the S&P BSE Sensex … Read more

It was a great year for the stock market and for the vast majority of investors in workplace retirement accounts. But let’s not get carried away. Even after the 2023 gains, most stock investors are only barely above water since the start of 2022. It looks better when you include dividends. Then, the S&P 500 … Read more

Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization. The loss was also fueled by the bank stockpiling money to cover currency risks in Argentina and Russia. The third-largest U.S. lender by assets posted … Read more

NEW DELHI: Asia’s richest billionaire Mukesh Ambani on Thursday joined the exclusive club of tycoons having net worth of at least $100 billion after shares of Reliance Industries (RIL) ended at fresh all-time high levels. The total net worth of the Chairman and Managing Director of RIL was estimated at $105.1 billion, shows data from … Read more

India is undergoing an industrial renaissance and the country is the most promising structural growth story in Asia over the next decade, an HSBC Global Private Banking release said on Wednesday, quoting HSBC’s Chief Investment Officer (CIO) James Cheo. Cheo has picked Indian banks, consumer discretionary and IT companies as his top bets in the … Read more

Leading casino operator Delta Corp‘s consolidated net profit fell 59% year-on-year (YoY) to Rs 34.4 crore for the quarter ended December 2023. The same stood at Rs 84.8 crore in the year-ago period. Revenue from operations during the said quarter too declined 15% to Rs 232 crore compared with Rs 273 crore in the same … Read more

Infosys is expected to report a 9.5% year-on-year (YoY) decline in its December quarter net profit at Rs 5,960.10 crore, according to Elara Capital. On a sequential basis, a 4.1% contraction in the company’s profit after tax (PAT) is seen. Source link

2023 was the year of new peaks and achievements. Some of the new peaks and achievements broke conventions and estimates. They prove yet again that forces in the markets respond and react to events and developments in their peculiar manner. As opposed to the not-so-bullish view in 2022, the markets achieved a new peak in … Read more

This SME IPO turned Rs 1 lakh to Rs 5 lakh within seconds. Do you own it? Source link

MUMBAI – The Securities and Exchange Board of India on Friday said that investors across all categories will be allowed for short-selling, but naked short-selling will not be permitted. Further, all stocks that trade in the futures and options segment are eligible for short-selling. “Naked short-selling shall not be permitted in the Indian securities market … Read more

IT major HCL Technologies is expected to report a 10.3% sequential jump in its December quarter net profit at Rs 4,227.50 crore aided by improvements in margins according to estimates by Nuvama. The net profit is seen growing by 3.2% on a year-on-year basis. The company will declare its third quarter earnings on January 12. … Read more

Indian equity markets Nifty and Sensex rallied 20% in 2023, driven by sustained domestic mutual fund inflows, return of foreign buying, better-than-expected economic growth, and healthy corporate earnings. Meanwhile, several domestic brokerage firms have come up with a list of some promising largecap stocks for the new year 2024 based on their assessment of the … Read more

Sensex and Nifty both hit record highs on the first trading of 2024. However, on Jan 2, the Sensex ended the day 379 points weaker at 71,892 while the Nifty ended at 21,666. Small and midcaps were relatively less affected. But there were other reasons behind the fall too – here are the top key … Read more

IndiGo: On December 13, IndiGo, the largest airline in the country, surpassed United Airlines, securing its position as the sixth-largest airline. At the close of Wednesday, InterGlobe Aviation held a market valuation of $13.8 billion, surpassing United Airlines by approximately $310 million, as per Bloomberg data. State Bank of India: On Wednesday, the bank announced … Read more

During the day, benchmark equity indices hit their all-time high levels on Thursday tracking a global market rally. Market dynamics favoured gainers, with 1,851 shares advancing, 1,363 shares declining, and 86 shares remaining unchanged. Stock Market Updates: Investors found optimism in the US Federal Reserve’s accommodative outlook for 2024, featuring anticipated rate cuts commencing in … Read more

India Shelter Finance IPO: The initial public offering of affordable housing finance company India Shelter Finance is witnessing the second day of bidding on Thursday. Till 4:00 pm on Thursday, the Rs 1,200-crore IPO has been subscribed 3.97 times, receiving bids for 6,76,17,930 shares as against 1,70,38,540 shares on offer. The category meant for non-institutional … Read more

The US dollar index, which measures the greenback’s strength against a basket of six currencies, eased by 0.33 per cent to 102.53. The rupee had closed at its all-time low level of 83.40 on Wednesday after retail inflation rose to a three-month high of 5.55 per cent in November. The rupee rebounded by 13 paise … Read more

DOMS Industries IPO: The initial public offering of DOMS Industries, a pencil maker and writing instruments company, continues to get a decent response from investors. Till 4:00 pm on the second day of bidding on Thursday, the Rs 1,200-crore IPO was subscribed 13.99 times, receiving bids for 11,63,56,392 as against 83,19,620 shares on offer. The … Read more

SJ Logistics IPO: Check subscription status, GMP today. Unlisted shares of SJ Logistics (India) Ltd are trading Rs 120 higher in the grey market, which is a 96 per cent listing gain from the public issue SJ Logistics IPO: The initial public offering of SJ Logistics, a logistics and supply chain solutions and services provider, … Read more

Investors’ wealth climbed by Rs 3,22,385.27 crore from Rs 3,51,19,231.91 crore on Wednesday. The 30-share BSE Sensex jumped 955.4 points to hit its all-time peak of 70,540 during the early trade. The market capitalisation of BSE-listed companies surged to an all-time high of Rs 354.41 lakh crore in early trade on Thursday, with investors becoming … Read more

Stocks To Watch Today: Investors found optimism in the US Federal Reserve’s accommodative outlook for 2024, featuring anticipated rate cuts commencing in the upcoming year. As trading concluded on Thursday, the Sensex recorded a gain of 929.60 points or 1.34 percent, reaching 70,514.20, while the Nifty rose by 256.40 points or 1.23 percent to reach … Read more

In the broader market, the BSE midcap jumped 1.06 per cent and smallcap climbed 0.62 per cent on Thursday Benchmark equity indices Sensex and Nifty rallied over 1 per cent to hit all-time highs on Thursday, Stock Markets Today India: Benchmark equity indices surged more than 1 per cent to hit their new all-time highs … Read more

DOMS Industries IPO: Check GMP today, allotment date and subscription status. Unlisted shares of DOMS Industries are currently trading Rs 526 higher in the grey market, which is a 66.58 per cent listing gain from the public issue DOMS Industries IPO: The initial public offer of pencil maker DOMS Industries, which closed on Friday, December … Read more

Motisons Jewellers IPO: Check subscription status, GMP Today. Unlisted shares of Motisons Jewellers are currently trading Rs 104 higher in the grey market, which is a 189.09 per cent listing gain from the public issue Motisons Jewellers IPO: The initial public offering of Jaipur-based retail jeweller company Motisons Jewellers is going to open for public … Read more

Last Updated: December 16, 2023, 13:32 IST 11 IPOs, including 7 mainboard issues, lined up to raise Rs 4,000 cr If you have missed opportunities to bid in these IPOS then next week you will have multiple options to bid in IPOS opened in the last month of the eyer (December) so far, have got … Read more

Proceeds from the fresh issue will be used for funding capital expenditure of the company, payment of debt, and general corporate purposes. The issue would open for public subscription during December 20-22 and the anchor book will open for a day on December 19, the company announced. Azad Engineering Ltd on Friday said it has … Read more

At the lower and the upper end of the price band, the IPO is expected to fetch Rs 522 crore and Rs 550 crore respectively. The maiden public issue will open for subscription on December 19 and conclude on December 21, the company announced. Credo Brands Marketing Ltd, which owns denim brand Mufti, on Thursday … Read more

Last Updated: December 13, 2023, 12:51 IST Shares of Adani Total Gas extended their fall for the second straight session in Wednesday’s trade. The stock slumped 9.97 per cent to hit a day low of Rs 1,002.25. The BSE and the NSE have put the securities of Adani Total under the short-term ASM (Additional Surveillance … Read more

Last Updated: December 12, 2023, 13:09 IST IREDA share hit 52-week high Shares of the Indian Renewable Energy Development Agency (IREDA) hit a fresh 52-week high; Should you buy, sell or hold? IREDA Share Price NSE, BSE: Shares of the Indian Renewable Energy Development Agency (IREDA) hit a fresh 52-week high on Tuesday i.e. on … Read more

Last Updated: December 11, 2023, 13:10 IST GMR Airports Infrastructure Ltd shares on Monday, December 11, edged higher GMR Airports Infrastructure Ltd shares on Monday, December 11, edged higher and clocked a 52-week high. GMR Airports Infrastructure Ltd shares on Monday, December 11, edged higher and clocked a 52-week high. The scrip rose nearly 5% … Read more