Browsing category
The Reserve Bank of India (RBI) is mandated to keep the Indian economy running smoothly. To do this, it has several tools at its disposal. But the bank prefers using interest rates because it is the most effective tool. Changes in interest rates affect almost all the markets in the economy. Notably, it impacts the […]
Balaji Speciality Chemicals has filed its Draft Red Herring Prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares worth up to Rs 250 crore and an offer-for-sale (OFS) up to 26,000,000 […]
It was approximately three years ago that stock market traders thought of Biotech stocks as the least volatile of them, today, we are past it and definitely know that is not the same case today. So, if there is one thing constant in the stock market, sure, we can say that it is changing. So, […]
Jet Freight Logistics Limited (JFLL) (ISIN: INE982V01017), a leading Service Provider of Cargo Service, Cargo Transportation Service, and Freight Forwarders has migrated its Equity Shares from the NSE- Emerge Platform to the Mainboard of NSE & BSE and the shares admitted to dealings in the list of ‘B’ Group on the BSE Main Board & […]
Edelweiss Asset Management Limited, one of India’s fastest growing AMCs, today announced the launch of their Edelweiss Large and Midcap Index Fund, an open-ended equity scheme replicating Nifty LargeMidcap 250 Index. The index allocation to large and midcap stocks which ensures balance between growth (mid-cap) and stability (large-cap). The investment objective of the scheme is […]
India’s leading digital ecosystem for consumers and merchants (1) Paytm today announced that its wholly-owned subsidiary Paytm Money has launched Voice Trading, that allows users to place a trade or get information about stocks via a single voice command. This service has been launched in line with Paytm Money’s efforts to offer next-gen and AI […]
API Holdings, India’s Largest Digital Healthcare Company, has filed preliminary papers with capital markets regulator Sebi to raise Rs 6250 crore through an initial share sale. The issue will be only be a primary share sale of shares and the entire proceeds will go to the company. There will not be any offer for sale […]
Sectorally speaking, most indices closed in positive territory with the exception of Nifty Metal that closed with a fall of 1.5%
Sona Comstar went public last week, issuing an IPO of Rs 5,550 crore comprising a fresh issue of shares of Rs 300 crore and an offer for sale worth Rs 5,250 crore.
Sectorally, Nifty Auto was the only sector to closed in green, witnessing an increase of 0.46% while Nifty metal, Nifty IT, Nifty private bank and Nifty pharma indices closed in negative territory