Gland Pharma share price tanked over 4 per cent on Wednesday after the pharma company through its wholly-owned subsidiary, Gland Pharma International PTE. Ltd, Singapore, entered into a Put Option Agreement to acquire 100% of Cenexi Group for an equity value of up to 120 million euros. Post this acquisition,…
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Nifty needs to hold 18150 for up-move, Bank Nifty support at 40500; watch these stocks for action
By Shivangi Sarda Nifty index opened positive on Wednesday and while it remained range bound for most part of the day, the concluding hour witnessed selling pressure. It respected its previous day’ low levels but bulls are feeble and lack of follow up buying is limiting the upside. It formed…
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Gold Price Today, 5 Dec 2022: Prices rise, dollar weakens due to easing lockdowns in China, dovish Fed stance
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was positive on Monday as a result of positive global cues, while silver rate was up 1.13%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,209 per 10 grams, up Rs 359 or 0.67%. Silver March…
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PolicyBazaar shares down 65% since listing, but soar over 15% in last 2 days; should you buy, sell, hold?
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…
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Stocks to buy: HDFC Life, Coal India among top money-making stocks; Nifty resistance at 18500-18550
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,…
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Apollo Tyres, Bharti Airtel among 130 BSE stocks to hit 52-week highs, 18 fall to 52-week lows
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…
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Paytm IPO overpriced, stock may correct; muted listing expected, book gain or loss and exit | Interview
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…
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Gold to remain volatile next week amid US CPI inflation, Fed meet outcome; book profit before important data
By Bhavik Patel Gold rose for the first time in eight months and in November it was the best monthly performance since July 2020. Gold is consolidating after Monday’s decline and has managed to cover more than 80% of the deep correction it had on 5th Dec (Monday). That shows…
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Nifty to scale 19000 or bears to drag index below 18600? 7 things to know before market opening bell
Indian benchmark indices are likely to open mildly in green as trends in the SGX Nifty hinted at a flat to positive start for the domestic share market. Nifty futures were trading 20 pts or 0.11% higher on the Singapore Exchange. In the previous session, BSE Sensex dropped below 63,000…
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Global markets: Asia shares pin hopes on China opening, oil rallies
Asian shares edged higher on Monday as investors hoped steps to unwind pandemic restrictions in China would eventually brighten the outlook for global growth and commodity demand, even if full freedom could be months away. The news helped oil prices firm as OPEC+ nations reaffirmed their output targets ahead of…