Dharmaj Crop Guard IPO received an encouraging response from investors as the overall issue was subscribed 35.49 times. The portion set aside for qualified institutional buyers (QIBs) and high net worth individuals (HNIs) was subscribed 48.21 times and 52.29 times, respectively. The agrochemical company will announce the IPO share allotment…
The benchmark indices hit record highs on Thursday, thanks to positive global cues and a surge in IT and financial stocks. The Sensex closed at 62,272.68, up 762.1 points or 1.24% from Wednesday, while the Nifty50 ended up 216.85 points or 1.19% at 18,484.10. Apollo Hospitals continued its impressive run…
By Dharmesh Shah The Nifty started the last week on a positive note and broadly traded in 18100-17800 range throughout the week. In the process, in four out of five sessions Nifty closed above the psychological mark of 18000 despite global volatility and managed to hold a 50 days EMA.…
A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates. State producers Oil and Natural Gas Corporation (ONGC) and Oil India…
By Sameet Chavan Nifty started the week on a positive note on Monday and witnessed some momentum to reclaim 17700 with ease. Bank Nifty too witnessed a similar move, where decent short covering was seen. On Tuesday, the global cues were a bit nervous, but still, we managed to shrug…
Indian benchmark indices were trading with mild gains on Wednesday. The BSE Sensex gained over 60 points or 0.1% to trade at 62,746.The NSE Nifty is trading at 18,649, up 0.17% after opening in the red. Sectorally, Nifty Metal is over 1.3% up, Nifty Auto is 0.7% higher while Nifty…
Bulls may remain laid back on the week’s last trading day as trends in the SGX Nifty hinted at a flat to negative opening for the Indian share market. Nifty futures traded 41 pts down at around 18,626 levels on the Singapore Exchange. In the previous session, BSE Sensex jumped…
The S&P 500 closed slightly lower on Friday, although major indexes rallied off their worst levels of the day, as the November payrolls report fueled expectations the Federal Reserve would maintain its path of interest rate hikes to combat inflation. The Labor Department’s jobs report showed nonfarm payrolls rose by…