PolicyBazaar share price has fallen more than 65% since the listing last year, but has rallied for two sessions. However, analysts still advise conservative investors to stay away from PB Fintech stock, while those comfortable with a little risky bet may take measured exposure in it. PB Fintech touched a…
By Shrikant Chouhan On Tuesday, the market finally came down with the support of the broader market. The sectors other than technology closed in the negative territory. The Nifty 50 index was at 18604, however, it closed at 18419 at the lowest point of the day. On a daily basis,…
Edible oil industry body SEA has written to the Union food minister Piyush Goyal to increase import duty on refined palm oil to 20 per cent from the current 12.5 per cent in order to protect domestic refiners. The Solvent Extractors’ Association of India (SEA) pointed out that the duty…
By Niranjan Avasthi A trend in markets can be a double-edged sword. There are some who gain from a trend while there are many who may lose from a trend. A case in the point is the recent investors’ frenzy in India’s primary or Initial Public Offering (IPO) market. According…
By Bhavik Patel Poor run of crude oil continues as it gets battered by negative news. Crude has been one of the worst performing asset classes among all other major asset classes, namely equities, commodities and bonds. Only cryptocurrencies have after crude performed poorly due to FTX bankruptcy. A major…
Indian benchmark indices BSE Sensex and NSE Nifty 50 are trading in the red amid negative weak global cues, giving up Thursday’s gains. BSE Sensex is trading down over 500 points at 62,784 while NSE Nifty is at 18,677, over 0.7% points lower from yesterday’s close. TCS, Bajaj Finance, ICICI…
Domestic equity indices concluded the Thursday’s session marginally higher, snapping a four day losing streak. Larsen and Toubro, Eicher Motors, IndusInd Bank, Axis Bank and Hindalco were among top gainers on the Nifty, while Sun Pharma, Power Grid, Divis Lab, HDFC Life and TCS were the losers. Indian stock market…
Indian benchmark indices were trading in the green after touching fresh record highs on Thursday. The BSE Sensex gained over 240 points or 0.37% to trade at 63,339.88. The NSE Nifty is trading at 18,833, up 0.4%. Sectorally, Nifty IT is up 2.58% with constituents TechM, Coforge, Persistent Systems and…
Paytm stock is staring at a muted listing today after India’s largest IPO to date. Paytm’s Rs 18,300-crore public issue got a decent 1.89 times subscription, but grey market premium has vanished since then, amid concerns of overvaluation. At about 45x sales, and a market capitalisation of Rs 1.4 lakh…
What makes art so expensive? How has its price appreciated over the years? These are some questions that one would soon be able to answer with an ‘art index’ launched on Thursday by the Indian Institute of Management, Ahmedabad (IIM-A) in collaboration with Mumbai-based Aura Art Development (Aura Art), an…