Nifty and Sensex made new intraday record highs as well as new record closing highs on Thursday, extending gains for the eight session in a row. The BSE Sensex rose for the seventh consecutive session to 63,583 before closing at 63,284. NSE Nifty hit 18,874, ending 12 points above the…
The Securities and Exchange Board of India (Sebi) has amended the ICDR (Issue of Capital and Disclosure Requirements) regulations to introduce norms pertaining to KPI disclosures, confidential filing of initial public offerings (IPOs) and monitoring of proceeds are utilised in qualified institutional placements (QIPs) and preferential allotments. The regulator has…
The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are expected to decide how much oil to supply to the global economy amid weakening demand in China and uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.…
After hitting fresh record highs intraday, domestic indices NSE Nifty and BSE Sensex closed at record highs. Nifty topped the 18,800 level before ending the session lower by over 50 points at 18,758.35. The BSE Sensex surged over 500 points in trade to surpass the 63,300 level, hitting a record…
The rupee declined by 76 paise to close at 82.61 against the US dollar on Tuesday due to heavy selling pressure in domestic equities and rising crude prices in the overseas markets. In addition, investors remained concerned over continued foreign capital outflows ahead of the RBI’s policy announcement on Wednesday,…
Emerald Leasing Finance & Investment Company has raised ₹ 2.75 crore from Rainpay India and NAV Capital VCC – Emerging Star Fund through preferential allotment. In a regulatory filing, the company said its board has approved issuance and allotment by way of a preferential allotment on a private placement basis…
Home-grown internet companies making way to Dalal Street present interesting opportunities for investors; however, caution is a must, said Pratik Oswal, Head of Passive Fund, Asset Management Company at Motilal Oswal Financial Services in an interview with Kshitij Bhargava of Financial Express Online. He added that investors should be selective…
Indian benchmark indices were trading with gains on Monday. The BSE Sensex gained over 275 points or 0.4% to trade at 62,572.The NSE Nifty is trading at 18,578, up 0.36% after opening in the red. All of NSE Nifty’s sectoral indices shifted between gains and losses. Nifty Oil & Gas…
By Siddhant Mishra Paytm shares surged 7.06% on Friday, following the positive commentary by the management in an analyst call. The share price rose by Rs 35.40 to close at Rs 536.90. Small credit, it said, is best served and collected digitally, with its payments customer base offering a large…
Indian benchmark indices have inched upwards so far this year, despite global and domestic headwinds. BSE Sensex and Bank Nifty have hit fresh highs while NSE Nifty 50 index has climbed over 4 per cent so far in 2022 and is just 100 odd points shy of hitting its all-time…